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☆ Robert Toomey, aka ‘Brother Cleve,’ Inspired Cocktail Revival
▼ + stars: | 2022-09-22 | by ( James R. Hagerty | ) www.wsj.com time to read: 1 min

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☆ Sen. Pat Toomey: Big banks should 'stay in their lane' on social issues
▼ + stars: | 2022-09-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSen. Pat Toomey: Big banks should 'stay in their lane' on social issuesSen. Pat Toomey, the lead Republican on the Senate Banking Committee, joins CNBC's 'Squawk Box' to discuss what to expect from the Senate's planned hearing with the heads of America’s biggest banks.

☆ Senior Republican chastises banks for social agenda that 'harms America'
▼ + stars: | 2022-09-22 | by ( Pete Schroeder | ) www.reuters.com time to read: +2 min

Senator Pat Toomey speaks in the Dirksen Senate Office Building in Washington, D.C.,U.S., May 10, 2022. Tom Williams/Pool via REUTERS/File Photo/File PhotoWASHINGTON, Sept 22 (Reuters) - The heads of the nation's largest banks faced pointed criticism from a top Republican Thursday, as he chastised firms for "embracing a liberal ESG agenda that harms America." Senator Pat Toomey, the senior Republican on the Senate Banking Committee, urged banks to "cease and desist" from weighing in on social and cultural issues as chief executives appeared before Congress for an oversight hearing. They were joined by the CEOs of the country's largest regional lenders, US Bancorp (USB.N), PNC Financial (PNC.N) and Truist (TFC.N). read moreRegister now for FREE unlimited access to Reuters.com RegisterReporting by Pete Schroeder Editing by Nick ZieminskiOur Standards: The Thomson Reuters Trust Principles.

☆ Senate Republicans press S&P and other credit firms for methodology on corporate ESG ratings
▼ + stars: | 2022-09-21 | by ( Chelsey Cox | ) www.cnbc.com time to read: +2 min

Ratings firms that assign environmental, social and governance ratings to companies — a multi-billion dollar endeavor — are coming under scrutiny in the Senate. ESG ratings assess how companies align with sustainability goals such as greenhouse gas emissions, labor practices or water sustainability. In the statement, Toomey said ESG ratings firms have a unique ability to influence valuable global ESG assets. The senator requested copies of non-proprietary methodologies used by the firms to assess ratings by Sept. 28 in letters sent to credit raters. The letters were sent to ratings firms MSCI, ISS, Bloomberg, Sustainalytics, Moody's, Carbon Disclosure Project, S&P Global, FTSE Russell, RepRisk, FactSet, Refinitiv, and Arabesque S-Ray.

☆ U.S. senators want secondary sanctions on Russian oil
▼ + stars: | 2022-09-20 | by ( Patricia Zengerle | ) www.reuters.com time to read: +3 min

REUTERS/Dado Ruvic/Illustration/File PhotoWASHINGTON, Sept 20 (Reuters) - Democratic and Republican senators urged U.S. President Joe Biden's administration on Tuesday to impose secondary sanctions on international banks to strengthen a price cap G7 countries plan to impose on Russian oil over Moscow's invasion of Ukraine. The Biden administration has been reluctant to impose secondary sanctions over concerns that they could complicate relations with importers of Russia oil like China and India. The Group of Seven announced the price cap plan this month to limit Russia's lucrative oil export revenue in the wake of the invasion. "And secondly, by keeping Russian oil in the market at lower prices, it will reduce the potential for price spikes in the market." Also at the hearing, Democratic Senator Kyrsten Sinema asked Rosenberg what Washington can do to address the blending of Russian oil by the country's producers with crude from other nations to circumvent sanctions.

☆ Biden signs bill to expand benefits for veterans exposed to toxic burn pits
▼ + stars: | 2022-08-10 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Rebecca-Shabad-Circle-Byline-Template.Jpg | Rebecca Shabad | ) www.nbcnews.com time to read: +4 min

WASHINGTON — President Joe Biden signed legislation on Wednesday expanding health care benefits for veterans exposed to toxic burn pits. The bipartisan bill, known as the PACT Act, is the most significant expansion of veterans' health care and benefits in more than 30 years, a White House official said. Danielle Robinson was a guest of first lady Jill Biden during the president's first State of the Union address when he called on Congress to pass burn pits legislation. Biden has said he believes Beau’s cancer was linked to exposure to burn pits during his deployment. The legislation increases veterans' access to medical care and disability payments for exposure to burn pits.

WASHINGTON — The Senate passed legislation Tuesday to expand lifesaving health care benefits for Iraq and Afghanistan war veterans exposed to toxic burn pits. Many of the veterans who had camped on the Senate steps, braving heat, humidity and thunderstorms, watched the vote from the gallery in the Senate chamber. First Class Heath Robinson, before the Senate vote Tuesday on the PACT Act outside the Capitol. “For the millions of veterans who may have been exposed to harmful toxins, this bill means quicker access to health care services and other benefits. Democrats and veterans argued, however, that many Republicans were voting against the bill in retaliation for the massive deal on climate change, health care and taxes that Democrats had just crafted.

While they were in Kandahar, Burch and her fellow service members were exposed to “burn pits, incinerators and poo ponds,” she said. The veterans camped out on the steps outside the Senate all weekend, braving the heat, the humidity and occasional thunderstorms and sleeping on the hard concrete stairs. At times, lawmakers and officials, including Veterans Affairs Secretary Denis McDonough, joined the protesters to urge the Senate to pass the PACT Act. “As far as I can see, it passed 84 to 14, and then 25 Republicans switched their vote. “Switched it without an explanation, switched it without pointing to the bill and saying what was inserted.

Supporters of the Sergeant First Class Heath Robinson Honoring Our Promise to Address Comprehensive Toxics Act — or PACT Act — overwhelmingly expected the House-passed bill to sail through to the president's desk for signature. The PACT Act would have expanded VA health care eligibility to more than 3.5 million post-9/11 combat veterans who were exposed to toxins while serving in the military. When the bill returned to the Senate, the bill had not changed much but the view — and vote — of 25 senators did. "But what is shocking is that so many senators would literally be willing to play with veterans’ lives so openly like this." Sen. Jon Tester, D-Mont., speaks at a news conference about the Honoring Our Promise to Address Comprehensive Toxics (PACT) Act in Washington on Thursday.

☆ 3 of Trump's high-profile Senate picks — Dr. Oz, Herschel Walker, and JD Vance — are in serious trouble despite a favorable 2022 midterm climate for the GOP
▼ + stars: | 2022-07-19 | by ( Jake Lahut | ) www.businessinsider.com time to read: +9 min

A seemingly dormant Mehmet Oz campaign has struggled to unify the MAGA base in Pennsylvania. "Since Dr. Oz's victory remarks on June 9th, he has been to over 75 events," Oz campaign spokesperson Brittany Yanick told Insider in a statement. The Oz campaign would not say when it has plans to launch new TV ads. The Vance campaign responded to Insider's request for comment by attacking Rep. Tim Ryan. "It's why Democrats have a chance of holding onto the Senate," he told Insider, "is just the horrible class of candidates they've nominated."

☆ Factbox: One last test for Trump's U.S. midterm election endorsements
▼ + stars: | 2022-05-01 | by ( ) www.reuters.com time to read: +8 min

But because neither candidate won 50% of the vote, they face off again on Tuesday in a run-off election. Following Trump's endorsement, he surged in opinion polls and easily defeated former North Carolina Governor Pat McCrory in the May 17 primary. David Perdue* Went up against Georgia's incumbent Republican Governor Brian KempDespite Trump's endorsement, former U.S. Senator David Perdue did not come close to upsetting Georgia's incumbent Republican Governor Brian Kemp in the party's nomination contest. Kemp, who had angered Trump by dismissing the former president's false statements about election fraud in the 2020 presidential contest, won his re-election bid against Democrat Stacey Abrams.

☆ Nancy Pelosi's husband just invested millions in 2 tech companies with lots at stake on Capitol Hill
▼ + stars: | 2021-07-12 | by ( Kimberly Leonard | Dave Levinthal | ) www.businessinsider.com time to read: +8 min

The House speaker's husband, Paul Pelosi, made two million-dollar stock trades. Pelosi's husband buys up more stocksHouse Speaker Nancy Pelosi's husband, Paul Pelosi, bought stocks in Google's parent company, Alphabet, and in Nvidia Corporation, which designs graphics-processing units for the gaming market. Drew Hammill, the speaker's spokesman, said she did not own any stock and complied with all disclosures, which require members of Congress to post stock trades for spouses and dependent children. Rep. Pat Fallon, a Republican from Texas, in a group photo with freshman members of the House Republican Conference on the House steps of the US Capitol on January 4. By federal law, members of Congress have 30 days from when they become aware of a stock trade to formally disclose it.

☆ GOP Sen. Patrick Toomey's son poured money into GameStop during the stock's most volatile stretch — then sold out a day later as his father warned of a 'bubble' market
▼ + stars: | 2021-02-10 | by ( Jake Lahut | Dave Levinthal | ) www.businessinsider.com time to read: +6 min

Sen. Pat Toomey said Jan. 28 the GameStop stock surge "has all of the characteristics of a bubble." Toomey's son that same day sold GameStop stock for between $1,001 and $15,000, per financial disclosures. "I do think we should understand why the brokers made the decision they made, several of them, including Robinhood to limit the ability of people to buy stock," Toomey told Cavuto. Tom Williams/CQ Roll Call)'A classic bubble'In a statement to Insider, Toomey said that his son made the GameStop trades without his knowledge. In addition to GameStop stock, Toomey's son sold shares of Shopify and Tesla in late January, according to the senator's financial disclosure.

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