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“Rather than Green New Deal-style regulations and job-crushing actions like canceling the Keystone XL pipeline, we urge Democrats to join us in a bipartisan way to advance these real, workable solutions. Our plan is a much better agenda to protect the environment, jobs, and our national security than their unworkable pie-in-the-sky mandates,” they said, taking a shot at Democrats. The Democratic alternative: The Democrats earlier proposal, called the CLEAN Future Act, seeks to set a standard requiring electricity to come from clean sources by 2035, increase the deployment of electric vehicles and set energy efficiency targets for buildings. BURNING QUESTIONS: Congress investigating clean coal tax credit ....
The breakdown: The White House says it expects 158.5 million households to receive relief checks from the $1.9 trillion rescue package signed into law Thursday. The Treasury Department began sending out direct payments over the weekend, though some banks won’t process them until later in the week. “It’s one thing to pass a historic piece of legislation like the American rescue plan and it’s quite another to implement it. The devil is in the details. It requires fastidious oversight to make sure the relief arrives quickly, equitably and efficiently with no waste or fraud,” Biden said Monday. The Relief Chief: To that end, the White House is bringing on Gene Sperling, a former top economic adviser to former presidents Clinton and Obama, to oversee implementation of the legislation. ....
Now That The SEC Thinks About It, It Is Strange That Citadel, Et. Al.,Pay So Much For The Right To Execute Free Trades You know, when Elizabeth Warren puts it that way. Author: You know, when Elizabeth Warren puts it that way. Nothing is truly free. “Free shipping” just means the shipping costs have been factored into the price. “Free streaming service” just means you pay for it with your time watching commercials. Free toasters, free trips, free timeshares: You’re paying for all them somehow, because nothing is actually free. Which brings us to the concept of free stock trades. Sure, you can log on to your Schwab or TD or Robinhood account and buy or sell a share commission-free, if in fact the service of your choice is able and willing to make the trade you’d like. And this may seem genuinely free, since rules and regulations of course require those platforms to conform with “best execution obligations,” one of which is getting a customer the ....
Print this article Rep. Andy Barr, a Kentucky Republican, is determined to stop efforts by the Biden administration and big banks and asset managers to incorporate climate change risk into their financial decisions. Barr, the top Republican on the House Financial Services oversight subcommittee, sees those efforts as politically motivated attempts to choke off capital to the fossil fuel industry, including the coal industry dominant in his state. And as the Biden administration gears up to work on climate finance regulations, including requiring public companies to disclose their greenhouse gas emissions, Barr sees room for GOP lawmakers to go on the offensive. ....