President Joe Biden made a shocking statement on defending Taiwan. His team immediately responded, saying nothing changed. But is it really true? This comes as the Europeans clear up their own agreement with Taiwan, upgrading the EU’s relationship with the island. Is someone finally stepping up to tell the Chinese regime “no”? I discuss how…
Biden’s New Commitment to Defend Taiwan? US Oil and Gas Suffers Under New Policies Shifting to Green
Progressives Scale Back Demands for Passage of Infrastructure Bill
House Progressives are cautiously scaling back on their demands for passage of the $1.2 trillion infrastructure bill, passed in August by a bipartisan vote in the Senate. For months, progressives in the lower chamber have broadcasted demands that the House not move to consider the infrastructure bill before passage of the much more expansive budget…
‘No Shift’ in US Policy on Taiwan, Psaki Says After Biden Committed to Defending the Island
White House press secretary Jen Psaki said Oct. 22 “there has been no shift” in Washington’s stance toward Taiwan after President Joe Biden indicated the United States had a “commitment” to defend the self-ruled island if Beijing were to attack. On Thursday evening , Biden told a CNN town hall event that the United States…
Biden Flips on Filibuster Carve Out for Election Bill
President Joe Biden has indicated support for changing or abolishing the filibuster in order to pass election legislation, a substantial shift from his long-touted position in favor of the Senate’s peculiar rule. The flip came after Republicans on Wednesday filibustered Democrats’ “Freedom to Vote” Act, an election bill crafted under the guidance of moderate Sen….
Biden’s Japan Envoy Pick Vows to Make Nissan Executive Case a Priority
WASHINGTON—Rahm Emanuel, nominee to be the next U.S. ambassador to Tokyo, vowed at his Senate confirmation hearing on Wednesday to prioritize the case of an American former Nissan Motor executive who is facing a possible prison term in Japan. In September, Japanese prosecutors asked a Tokyo court to send the executive, Greg Kelly, to prison…
Biden Concedes That Budget Must Be Lower Than $3.5 Trillion to Pass
President Joe Biden admitted during a Friday speech in Hartford, Connecticut that a $3.5 trillion price tag on his hallmark “Build Back Better” budget reconciliation bill will be unable to pass the Senate, where moderate members of his party have put up resistance to the bill for months. Most prominently, Sens. Joe Manchin (D-W. Va.)…
GOP Asks Biden to Reverse ‘Anti-American Energy Policies’
In a letter addressed to President Joe Biden, Republicans are asking the executive to reverse his “anti-American energy policies” in order to increase domestic energy production and meet the demands of Americans as gasoline and food prices continue to rise. Since taking office, Biden has distanced his administration from almost every policy endorsed by President…
Over 130 Countries Reach Agreement to Set Corporate Minimum Tax at 15 Percent
A group of 136 countries on Friday set a minimum global tax rate of 15 percent for big companies. Negotiations have been going on for four years and while the costs of the coronavirus pandemic gave them additional impetus in recent months, a deal was only agreed upon when Ireland, Estonia, and Hungary dropped their…
Arkansas Lawmakers Advance Bill to Ban Businesses From Requiring Workers’ Vaccine Status
Arkansas lawmakers on Thursday advanced a measure that would ban businesses from requiring workers to disclose their COVID-19 vaccination status. In a 22–11 vote, the majority-Republican Senate advanced the legislation that would grant employees and contractors a “right of privacy,” meaning that businesses would not be allowed to demand them to disclose whether they’ve been…
Biden, China’s Xi Expected to Meet Virtually by Year’s End
ZURICH/WASHINGTON—The United States and China have agreed in principle for their presidents to hold a virtual meeting before the end of the year, a senior U.S. administration official said on Wednesday, after high-level talks aimed at improving communication between the two countries. The closed-door meeting at an airport hotel in the Swiss city of Zurich…
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