gas companies

Biden Administration

Biden Banking Nominee Wants U.S. Energy Companies to ‘Go Bankrupt’

In a newly-uncovered video, President Joe Biden’s nominee to help oversee the nation’s banking system says that if small U.S. oil and gas companies went bankrupt, that would be a good thing. It’s a suggestion that in the current climate — gasoline prices soaring and some consumers looking at 50 percent hikes in energy costs