![]() ![]() As we reported, industry lobbies assert that Weil’s advocacy of worker rights makes him “unfit” to regulate labor-management relations.īig corporations including Amazon and Meta Platforms (formerly Facebook) have also sought to weaken Lina Kahn, chair of the Federal Trade Commission, who is overseeing FTC investigations of their operations. Since last summer, an industry coalition has held up the confirmation of David Weil, a pro-union scholar and former official of the Department of Labor, who has been nominated to return to the agency. To them, that makes Biden nominee David Weil a dangerous radical. Raskin’s nomination isn’t the first target of an industry campaign against a Biden nominee.īusiness Column: A labor regulator protecting workers? To Big Business, that’s ‘unfit’īusiness and the GOP think the Labor Department should be anti-labor. government building filling stations,” he said. “I’ve read history, and I remember Henry Ford inventing the Model T, but I sure as hell don’t remember the U.S. He also dismissed the idea of the government funding electric vehicle charging stations, another element of Biden’s proposed program. I don’t want to have to be standing in line waiting for a battery for my vehicle, because we’re now dependent on a foreign supply chain, mostly China.” “I’m old enough to remember standing in line in 1974 trying to buy gas - I remember those days. “I’m very reluctant to go down the path of electric vehicles,” Manchin told attendees. At the CERAWeek industry conference on March 11, Manchin disdained electric vehicles, the proliferation of which is a key to reducing the West’s reliance on oil. No one could say Manchin doesn’t deliver value for money. In the 2020 election cycle, Viatris added an additional $80,425 to the total. It must be just a coincidence that Mylan was one of Manchin’s top campaign contributors throughout his career, donating more than $358,000 from 2009 through 2018 to him and his political action committee. ![]() He’s the leading recipient in the Senate of oil and gas industry contributions, collecting nearly $743,000 in the current election cycle, nearly five times as much as the runner-up, James Lankford (R-Okla.).įor another window into the devotion of Manchin’s family to the public interest, remember that Heather Bresch, whose decision as chief executive of the drug company Mylan to jack up the price of its EpiPen, a life-saving anti-allergy medical device, by nearly 500% bathed her and the company in infamy, is Manchin’s daughter.īresch retired from Mylan in 2020 when the company merged with Upjohn to create a new company named Viatris. Is this the America we want?īut Manchin is a favorite of fossil fuel managements. The expiration of the Child Tax Credit means 3.7 million more children in poverty. Biden’s pick for the Office of Comptroller of the Currency, withdrew her nomination in December after staunch opposition from Republicans.Business Column: The blockade of Build Back Better means millions more children condemned to poverty The withdrawal is the latest blow in a series of efforts by the Biden administration to boost its financial regulatory oversight. Saule Omarova, Mr. Biden urged the Senate Banking Committee to advance his remaining four nominees for the Fed. Biden’s other nominees for the Fed are expected to move quickly for a full Senate vote. Had Republicans agreed to a vote, that would have allowed all five nominees to advance out of the Banking Committee.īut now that Mrs. Democrats had insisted all of the nominees be approved at the same time and thus were denied a quorum to hold a vote for the candidates. Biden’s Fed nominees by GOP members on the Senate Banking Committee. Republican opposition to her nomination soon turned into a full-scale boycott of all of Mr. She previously served as a former Fed governor and deputy Treasury secretary. Jamie Raskin, Maryland Democrat, a longtime Biden ally in Congress. It was past time to withdraw her nomination.” “Our economy depends on clear-minded monetary policies, not activists in the Fed carrying out an ideological and political agenda. Bill Cassidy, Louisiana Republican, said in a statement. Raskin’s nomination did not have the votes and was sailing towards failure,” Sen. She also advocated for the central bank to take a stronger role on climate change issues, which are outside its mandate, and said oil and gas jobs are “dying.” She has argued that the Fed Reserve should move away from lending to energy companies, including in a May 2020 op-ed for The New York Times. ![]()
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