In a year with record-setting fires in the West and historic hurricane numbers in the East, climate change is top of mind for many people.
For just the second time in history, Atlantic storms are being named using the Greek alphabet after surpassing the annual list of names.
"As far as the hurricanes, there's a lot of scientific debate on the hurricanes," Andrew R. Wheeler, administrator of the Environmental Protection Agency, claimed today on Cheddar's Opening Bell.
Meanwhile, leaders in Western states have been raising concerns about climate change once again as devastating and deadly fires consume more land than ever before. Those leaders pressed President Trump on the issue last week after the administration blamed forest management for the fires. At the time, the president claimed that "it will get cooler soon."
Wheeler told Cheddar he does believe in climate change and humanity's contribution.
But Wheeler doubled-down on the administration's claims that forest management was behind California's increasingly destructive fires. "I do believe most of it is forest management issues because you don't have the same problems in other parts of the country," Wheeler said.
This week a group of former leaders of the EPA endorsed Joe Biden. The group was made up of EPA leaders who served under Democratic and Republican administrations. Christine Todd Whitman, a former Republican governor from New Jersey who ran the EPA under President George W. Bush, reiterated her stance Monday that the current administration was running a war against science.
Wheeler hit back today on Cheddar. "Yesterday's announcement was just pure politics," he said. "They had no facts to back up their statement."
Wheeler touted the agency's record on regulation enforcement and said he is "very proud of the fact that we have doubled the amount of both civil and criminal penalties by the Obama-Biden administration during the same time period." He went on to say the agency's foremost responsibility now is to enforce existing regulations as more and more environmental programs are delegated to the states.
Federal Reserve Gov. Lisa Cook's lawyer says she'll sue President Donald Trump's administration to try to prevent him from firing her. Longtime Washington attorney Abbe Lowell said Tuesday that Trump “has no authority to remove” Cook. If Trump succeeds in removing Cook from the Fed's board of governors, it could erode the Fed’s political independence, which is considered critical to its ability to fight inflation because it enables the Fed to take unpopular steps like raising interest rates. The Republican president said Monday he was removing Cook because of allegations she committed mortgage fraud. Cook was appointed by Democratic President Joe Biden in 2022 and says she won't step down.
Federal Reserve governor Lisa Cook late Wednesday said she wouldn’t leave her post after Trump on social media called on her to resign over an accusation from one his officials that she committed mortgage fraud.
Politico's Marcia Brown breaks down the MAHA draft roadmap: industry-friendly, light on regulation, heavy on research and voluntary food policy changes.
Intel CEO Lip-Bu Tan says he’s “always operated within the highest legal and ethical standards” after coming under pressure following President Donald Trump’s call for him to resign.
Millions of Americans saving for retirement through 401(k) accounts could have the option of putting their money in higher-risk private equity and cryptocurrency investments.
A new federal rule would make it easier for companies to use drones over longer distances out of sight of the operator without having to go through a cumbersome waiver process.
President Donald Trump has signed the GENIUS Act into law, setting new regulations for stablecoins, a type of cryptocurrency tied to assets like the U.S. dollar.
A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, carving out a different view than that of Chair Jerome Powell
