One Virginia congressman is very “concerned” by a plan to expand offshore drilling.
Democratic Rep. Donald McEachin slammed the Trump White House on Monday for supporting the National Outer Continental Shelf Oil and Gas Leasing Program, despite growing bipartisan opposition.
“The Republican mayor of Virginia Beach has come out against it. Many Republicans in our city have come out against this plan,” he told Cheddar Monday. “What I really think it shows is that the Trump Administration is tone-deaf when it comes to issues like offshore drilling."
The proposed program, helmed by Interior Secretary Ryan Zinke, was unveiled in January and opposition is picking up steam. Virginia governor Ralph Northam, another Democrat, is meeting with environmental groups Monday to discuss their concerns.
The plan looks to open up more than 90 percent of U.S. continental waters for drilling and exploration. It diverges from an Obama era policy which set offshore drilling limits in efforts to protect the environment.
McEachin, a member of the House Committee on Natural Resources, said during the interview that Zinke’s bill will not benefit his constituents and could instead kill some 91,000 jobs.
Lines of cars formed at British gas stations for a fourth day on Monday, as the government mulled bringing in the army to help ease supply disruption triggered by a shortage of truck drivers.
Powell on Wednesday shed new light on the possibility of launching a central bank digital currency (CBDC) in the U.S., and stakeholders in the worlds of both monetary policy and cryptocurrency took notice.
President Joe Biden is urging those now eligible for COVID-19 booster shots to get the added protection.
China’s central bank has declared all transactions involving Bitcoin and other virtual currencies illegal, stepping up a campaign to block use of unofficial digital money.
Senate Majority Leader Chuck Schumer and House Speaker Nancy Pelosi revealed the development to reporters on Thursday. But
The European Union is unveiling plans that would require smartphone makers to adopt a single charging method for mobile devices.
The number of Americans applying for unemployment aid rose last week for a second straight week to 351,000, a sign that the delta variant of the coronavirus may be disrupting the job market’s recovery, at least temporarily.
Many had expected Fed Chair Jerome Powell to clarify the timing of the long-anticipated taper following Wednesday's meeting of the Federal Open Market Committee (FOMC), and he didn't disappoint.
President Biden used his first address before the U.N. General Assembly to declare that the world stands and at an “inflection point in history” and that the world must act with haste to move quickly and cooperatively to address the festering issues.
The White House says President Joe Biden will ease foreign travel restrictions into the U.S. beginning in November.
