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The great divorce: GOP to launch investigations into big business
[NYPOST] The party will be over for big businesses that push "woke" agendas once the Grand Old Party takes over the House next month, insiders told The Post.Long viewed as the party of big business, fed-up Republicans will now lead committees and have subpoena power as they seek to punish investment firms that prioritize the environment over fossil fuels, as well as trying to rein in China’s outsized influence on the US economy, according to several sources interviewed by The Post. "There is frustration with specific issues like woke capitalism but it’s also the case that the GOP sees Wall Street interests and big business interests generally aligned against Main Street . . . and the GOP wants to identify itself with the small business community," James Lucier, managing director of Washington-based policy research firm Capital Alpha, told The Post. Republicans, who gained a majority in the House for the first time since 2016, are also expected to look at the impact of free trade and outsourcing jobs on local communities, China’s monopoly on many rare earth minerals, and the Chinese companies that are listed on U.S. stock exchanges, according to insiders. Posted by: Fred 2022-12-12 |
| http://www.rantburg.com/poparticle.php?ID=652195 |