Railroads lobbied for the right to carry hazardous & flammable materials on trains with Civil War-era braking systems, while slashing their workforces by 30%, leaving employees exhausted & rails understaffed...
Fast forward to 2023, East Palestine, Ohio
Biden on the 2020 campaign trail: "No more drilling on federal lands, period. Period, period, period."
He just approved the largest drilling project being considered on federal lands.
As
@mattyglesias
notes, left-wing political staffers have too much influence over what Democrats do, pushing them to do and say unpopular things. If Democrats start letting congressional office staff unionize, that problem will only get worse.
Clarence Thomas flipped on a key principle in administrative law -- the Chevron doctrine, going so far as to renounce precedent he had literally written.
Also working to overturn the Chevron doctrine: Leonard Leo, whose network was paying Thomas's wife.
Barack Obama and David Axelrod are making heartfelt statements about the need for someone to do something about climate change.
As president, Obama oversaw an 88% increase in oil production & Axelrod advised him not to pick a fight to pass climate policy.
The Biden administration just moved to overturn a rare victory for a student loan borrower in bankruptcy court.
On the campaign trail, Biden had promised to make it easier for people to reduce their student debt through bankruptcy proceedings.
BREAKING: Following our reporting, the Biden administration is dropping its appeal of a key legal victory for a student loan borrower in bankruptcy court.
A problem with sanctioning Russian oligarchs: They use private equity & hedge funds to launder their money, and U.S. politicians and regulators have exempted these private investment advisers from anti-money laundering laws. w/
@davidsirota
NEW: In a huge policy shift, Biden's Justice Department just announced they will no longer fight federal student loan borrowers attempting to have their debt eliminated through bankruptcy if they prove they are unable to repay their loans.
New report from
@rooseveltinst
and
@iteptweets
finds that Roberts & Alito own shares in 19 companies that could see combined tax relief of more than $30 billion if the court issues a broad ruling in the Moore v. United States case it is hearing next term.
As Jen Psaki heads to MSNBC, I poked around to see what former Democratic press secretaries did after leaving the White House.
All six from the Clinton & Obama administrations have done corporate PR — for McDonalds, the NFL, Amazon, Visa, AT&T, etc.
DOT isn't reviving Obama-era brake rules that experts say would've reduced the severity of the Ohio derailment.
Last June, a former regulator warned Congress that without the rules, “there will be more derailments, more releases of hazardous materials.”
NEW: 165 agency & congressional staffers have taken the unusual move of sending a letter to Biden and Schumer, saying they haven’t done all they can to force Manchin’s hand to pass clean energy tax credits — and calling for escalated negotiation tactics.
Can say from experience multiple times over that Anita is the rare brilliant strategic unicorn who is not only a real champion of women but also the person you want to always be in the foxhole with. Made us all better (great piece by
@DanaBashCNN
)
In October, the National Restaurant Association’s legal arm convened Jen Abruzzo of the NLRB, lawyers from union avoidance firms like Jackson Lewis and Littler Mendelson, and execs from major restaurant chains for its annual conference. Here’s the story…
The Biden admin seems to be leaving it up to Fed chair Jerome Powell — who has said the goal of interest rate hikes is to “get wages down” — to tackle inflation, and in doing so is endorsing a plan to shift power away from the working class.
Just five months ago this same lawmaker, Rep. Blaine Luetkemeyer, sent a letter to federal regulators arguing against increasing bank payments to fund the Deposit Insurance Fund
A senior House Republican --
@RepBlaine
-- says the U.S. should temporarily insure every bank deposit in the country. “If you don’t do this, there’s going to be a run on your smaller banks."
@eleanor_mueller
Transportation Secretary Pete Buttigieg's super PAC said last year it would disclose its donors.
But new tax returns show the PAC has been bankrolled by a handful of dark money donations — and the donors haven't been disclosed. w/
@andrewperezdc
Rhode Island is one of the nation's leaders in COVID infections and deaths––in part, experts say, because of
@GovRaimondo
's choice to prioritize the hospitality industry and holiday shopping over public health.
Raimondo is Biden's Commerce pick.
Clarence Thomas believes political spending limits and disclosure laws violate the First Amendment.
“Contribution limits relegate donors’ points of view to less effective modes of communication" he once wrote. Citizens United "does not go far enough."
A striking detail here: The staffing firm that Amazon uses to staff its Edwardsville warehouse, where 6 workers were killed in a tornado, is a member of a trade group that opposed Illinois legislation that would have protected workers attempting to flee dangerous situations.
Utah oil producers claim they will increase production by 350,000 barrels/ day if a railroad is built to carry their waxy crude out of the Uinta Basin -- which would involve running two-mile-long oil trains right next to the Colorado River for 100 miles.
Retired Sen. Pat Toomey led a fight to protect the carried interest loophole, which allows private equity executives to pay a lower tax rate than other high earners.
He just got a seat on the board of one of the world's largest private equity firms.
Last week, the Biden admin dropped its appeal of a student debtor's victory in bankruptcy court. Just two days ago, the administration filed a new appeal in a very similar case. Short🧵
Last year, Silicon Valley Bank's lobbying groups fought a measure to increase bank payments into the Deposit Insurance Fund -- which is now being used to cover all of SVB's depositors in the wake of the bank's failure.
NEW: NY Gov. Kathy Hochul is attempting to undermine the state's keystone climate law in state budget talks, after raking in campaign cash from top gas utility & fossil fuel executives.
NEW: Sen. Elizabeth Warren is demanding answers from AG Merrick Garland as to why the Justice Department has STILL not updated its policy of fighting student debtors in bankruptcy court.
.
@andrewperezdc
FOIA'd Glenn "Pinocchio" Kessler's emails with public officials about his botched "fact check" questioning the story of a 10-year-old traveling from Ohio to Indiana for an abortion.
The records turned up another apparent lie by Kessler.
Amicus brief submitted by corporate lobbying groups & right-wing orgs in Leonard Leo’s network don’t even pretend the “right to strike” case before SCOTUS is about anything but crushing union power.
The military — which likely contributes to about 80 % of federal gov't emissions — is exempt from the federal EO to reach 100 percent carbon-free electricity by 2030
DOT isn't reviving Obama-era brake rules that experts say would've reduced the severity of the Ohio derailment.
Last June, a former regulator warned Congress that without the rules, “there will be more derailments, more releases of hazardous materials.”
The FBI and global finance watchdogs have warned that these exemptions for private equity and hedge funds are a national security risk. The Obama admin proposed a rule to end these loopholes in 2015, but it went unimplemented — and Biden's Treasury Dept. hasn't revived it.
NEW: 29 states & NYC have created a tax loophole that allows rich passthrough owners -- mostly 1 percenters -- to avoid the SALT cap and escape $50 billion in federal taxes.
It's clearly not allowable under federal law, but the IRS has sanctioned it.
Thrilled to announce that it's my first day with the intrepid team
@nysfocus
, where I will be filling in on the climate & environment beat through the winter.
Send tips/ ideas/ reach out to chat at julia
@nysfocus
.com
Occidental, whose vinyl chloride was burned off the derailed Norfolk Southern train in East Palestine, gave $2 million to the GOP's Senate Leadership Fund as the bipartisan rail safety bill stalled. Occidental has been lobbying on rail & tank car safety.
NEW: Over the past decade, Big Pharma primarily spent profits enriching shareholders & executives via stock buybacks and dividends, not on research and development.
Undercuts
@PhRMA
's longstanding argument that fat profits are necessary for "innovation"
“With bipartisan calls to lower the bar for borrowers seeking relief from student loans in bankruptcy, the Department should not be arguing in court to raise that bar.”
@dan_zibel
Earlier this year, Denny's management told investors that a higher minimum wage might be good for business.
Now, shareholders are demanding Denny's leave the National Restaurant Association, which is lobbying against a $15 federal minimum wage.
What to expect from
@POTUS
speech today, from
@AP
:
"President Biden plans to highlight deficit reduction in remarks Wednesday at the White House, noting that the government will pay down the national debt this quarter for the first time in six years."
Chief Justice John Roberts has a famously high bar for "standing."
Except in the case of the GOP states suing to block Biden's student debt relief. Their main argument is that a student loan servicer projecting revenue GROWTH will be hurt by his plan.
Biden’s infrastructure plan provides $64bn/year for climate. Biden’s budget for the military—the world’s largest institutional producer of greenhouse gases—is 12x that:
The Paul Singer-chaired/ funded think tank asked the Supreme Court to hear a case designed to preempt a federal wealth tax.
SCOTUS took the case.
Legal experts told us the petitioners misread the historical record and legal precedent.
John Roberts in 1983 : The "federal judiciary today benefits from an insulation from political pressure even as it usurps the roles of the political branches."
John Roberts in 2022: "You don’t want the political branches telling you what the law is.
As Biden announces new mandates for Americans to get vaccinated, his administration is sitting on the sidelines while a waiver for vaccine IP is held up at the World Trade Organization.
New from
@ColeStangler
@dailyposter
Biden is coming to New York to host a $25k ticket fundraiser with Mayor Pete at the home of a Blackstone exec. Then he will go to dinner at the home of billionaire shipping magnate George Logothetis.
Gas prices are down, but here's why Americans are still feeling the sting of inflation:
Food at home up 13.5% in past year - largest since 1979
Rent is up 6.7% in past year - largest since 1986
Electricity up 15.8% - largest since 1981
Health insurance 24.3% - largest ever inc
New York Gov. Kathy Hochul vetoed a two-man crew law in December -- citing a legal argument made by the rail lobbying groups which experts say is dubious at best.
In the wake of the East Palestine derailment, she said safety is her top priority.
Sen. Manchin's wife, Gayle, was appointed by Biden to an Appalachian economic development commission.
The commission recently awarded a $1.5 million grant to an org tied to her business partner, raising serious ethical questions.
@DRBoguslaw
@ppolitics
.
@POTUS
strongly believes in the Constitutional right to protest. But that should never include violence, threats, or vandalism. Judges perform an incredibly important function in our society, and they must be able to do their jobs without concern for their personal safety.
Biden HHS Sec
@XavierBecerra
demanded that the Obama and Trump HHS secretaries use march-in rights to lower drug prices.
Now that he's the one with the power to do this, he hasn't taken action, despite mounting pressure. w/
@WalkerBragman
In New York, the real estate industry & Gov. Kathy Hochul killed an extremely popular bill that would have addressed this crisis, in one of the states where it is most acute
Rent made up about 40% of the core CPI runup in May. Yet as we talk about gas tax holidays and lowering food costs, literally no solutions to the rental crisis have been offered, writes
@alex_sammon
Hospitals, health insurers, and the Koch political network are colluding & smashing lobbying records to kill public option legislation in states across the country.
Meanwhile, where's Biden's promised public option proposal?
@dailyposter
@Newsweek
Included in the "China bill" moving through the Senate: $50 billion in no-strings-attached subsidies for American semiconductor companies notorious for offshoring jobs & spending more enriching shareholders than on capital investments. w/
@davidsirota
happy birthday to
@davidsirota
, who hates corruption, loves justice, thinks and writes at superhuman speeds, has "a photographic memory for things i hate," and is above all, a wonderful human and mentor
Enbridge's new tar sands pipeline cuts through treaty lands in Minnesota, will emit as much carbon as 50 coal plants, and crosses 200 bodies of water.
The Biden admin backed the project in court, and now is staying silent as it nears completion.
BREAKING: we, staffers of the US Congress, are peacefully sitting in on Senator Schumer’s office to demand Dems pass climate justice policy this year.
We are putting our bodies on the line because we have no other choice. Follow along for updates from inside!
Tucker Carlson and former president Barack Obama spoke at the same private equity conference––5 months after Tucker lambasted Obama for giving a paid Wall St speech.
That's just the beginning. From public records fiend
@andrewperezdc
and
@dailyposter
NEW: Amazon's violations & potential violations of federal labor law may violate the terms of the multi-million dollars in tax breaks and guarantees it has received from New York state & local economic development authorities. w/
@matthewccook5
NEW: Providence Police has had a "flurry" of positive coronavirus tests this week, the chief tells me. Seven officers on the night shift have tested positive since Monday
Enbridge is predicting that its pipelines will depreciate faster than they previously thought due to local & national climate policies. Based on that accelerated depreciation, Enbridge wants to raise rates — which could result in higher fuel prices.
Biden is dragging his feet on an easy climate win: appointing members to the board that oversees the Thrift Savings Plan, the ~$700 billion federal employee pension plan, who are committed to divesting it.
NEW: The super PAC backing Conor Lamb & attacking John Fetterman in Pennsylvania's senate primary is being run by corporate consultants with deep ties to the Democratic Party establishment & the health insurance industry. W/
@andrewperezdc
A majority of lawmakers in both houses of the NY state legislature have cosponsored a single payer bill. But the bill is not expected to get a vote before the legislative session ends today.
Why? Unions are working with insurance companies to kill it.
"Most employers don’t come out and say, 'I oppose water breaks,'" said Juanita Constible of NRDC. "So they hide behind these industry lobbying groups instead."
@RebeccaJBurns_
on the corporate trade associations fighting worker heat protections
Biden: "Climate change is driving the devastating intersection of extreme heat, drought, and wildland fire danger across the United States."
Also Biden: build Line 3
NEW: The union-busting industry operates in near-total secrecy.
Anti-union firms only have to reveal when they pressure workers face-to-face. Everything else is hidden.
The Biden administration has the power to end this. All
@POTUS
has to do is bring back the Persuader Rule.
Pete Buttigieg says he “hasn’t seen all the math come back” on
@SenSanders
’ proposal to fine airlines for cancelling & delaying flights they knew couldn’t be staffed.
15,542 flights were delayed & 1,564 were cancelled July 4 weekend.
Sanders wants fines up to $55,000/passenger.
Schumer’s son-in-law just joined Blackstone as a lobbyist — he’s the latest addition to the list of Schumer’s close kin working at companies that have a lot to like about the Senate Schumer is running!
Rahm Emanuel should have been ostracized after leaving the Chicago mayor's office.
Instead, he got a job berating progressives as an
@abcnews
pundit, while being paid millions by a firm that works with pharma & fossil fuel companies. w/
@andrewperezdc
Biden's Education Dept is defending Betsy Devos' repeal of the "gainful employment" rule — aimed at preventing for-profit schools from saddling students with debt and leaving them with no job prospects — against a lawsuit arguing the repeal was illegal.
@nkulw
funny part to me is it seems like the writer got a little embarrassed thinking about sex? "But flipping through the book’s pages finally, I was a little shocked. I had an involuntary reaction to seeing the nude cartoons, like I needed to make sure I was alone and hide the book."
NEWS: UnitedHealth Group executives are pushing their employees to lobby Connecticut lawmakers against a state public option plan. We reviewed the video
@dailyposter
Biden's ethics rules are supposed to prevent shadow lobbying––but the "shadow lobbyists" joining his administration did not face scrutiny from the Senate for conflicts of interest during their confirmation hearings this week. w/
@andrewperezdc
Glad that
@DailyPoster
's reporting is being spotlighted by
@RTraister
. It would have been better for her to credit our reporting that surfaced this. Large outlets should credit small outlets rather than just taking their work.
First reported:
Last month, Norfolk Southern testified against a Virginia bill to require two-man crews and limit train lengths.
"The railroad prides itself on its safe operations,” a Norfolk Southern lobbyist said
The CBO won't include ITS OWN ESTIMATES of the impacts of increased IRS enforcement in its scoring of Build Back Better because the budgetary impacts are "indirect," which shows just how insane leaving the bill's future in the hands of the CBO is.
Intel CEO Pat Gelsinger is pressuring Congress to pass the CHIPS Act — $76 billion in subsidies and tax credits for chipmakers — by threatening to build overseas if the bill doesn't pass, and delaying an Ohio project unless the subsidies come through.
The biggest chip companies have spent the vast majority of their profits on stock buybacks over the past decade.
Biden touted a bill to reshore microchip manufacturing in his SOTU that would give subsidies to these firms without restrictions on buybacks.