Senator Pat Toomey

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

COVID-19

Fight over Fed powers stalls $900 billion aid plan

An arcane battle over emergency Federal Reserve powers foiled efforts on Saturday to lock down an agreement on an almost $1 trillion COVID-19 economic relief package. The deadlock was just the latest stumble in a partisan, months-long fight over pandemic relief and the lack of progress is backing lawmakers once again up against a government

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