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AMERICANALMANAC (Alex Tanzer) - Senate Republicans move to scrap federal fuel economy rules that have driven up car prices for decades

Sen. Mike Crapo is preparing legislation that would eliminate the federal government's Corporate Average Fuel Economy program entirely, a move backed by industry groups who say the Cold War-era mandate has outlived its purpose and costs consumers billions. Crapo, the Idaho Republican who chairs the Senate Finance Committee, plans to introduce the Restoring Affordability in […] The post Senate Republicans move to scrap federal fuel economy rules that have driven up car prices for decades appeared first on American Almanac .

Sen. Mike Crapo is preparing legislation that would eliminate the federal government's Corporate Average Fuel Economy program entirely, a move backed by industry groups who say the Cold War-era mandate has outlived its purpose and costs consumers billions. Crapo, the Idaho Republican who chairs the Senate Finance Committee, plans to introduce the Restoring Affordability in Automobile Manufacturing Act with five GOP cosponsors: Sens. Jim Risch of Idaho, Rick Scott of Florida, Cindy Hyde-Smith of Mississippi, Pete Ricketts of Nebraska, and Alan Armstrong of Oklahoma. The bill would free automakers from federal fuel economy standards beginning with model year 2029 vehicles, the Washington Free Beacon reported . The American Petroleum…Open

YOUTUBE (The Hill) - Epstein cover-up accusations: Sen. Ron Wyden, Treasury Secretary Scott Bessent sound off at hearing

Sen. Ron Wyden (D-OR) and Treasury Secretary Scott Bessent traded accusations regarding alleged attempts to hide information related to Jeffrey Epstein at a Finance Committee hearing Wednesday, June 3. During his opening statement Wyden, the committee's ranking member, said that Bessent has been preventing the release of records showing payments by Epstein's clients. Bessent countered that the Wyden was attempting to divert attention from an alleged "investment meeting" between the senator's son, Adam Wyden, and Epstein. When Finance Committee Chair Mike Crapo (R-ID) said that he would begin questioning, the Treasury secretary broke in to mention that the younger Wyden is an investor in a chain of strip clubs. #Epstein #Wyden #Bessent…