Congress is gearing up to vote on bipartisan legislation that would repeal President Biden's executive action suspending tariffs designed to protect the U.S. solar industry.
West Virginia State Treasurer Riley Moore responds to Jamie Dimon's suggestion that the government should seize land for green policies.to bypass U.S. tariffs, setting up a showdown over a key part of his administration's climate agenda.
During a markup hearing Wednesday morning, in a 26-13 vote, the House Ways and Means Committee green lit a bipartisan resolution that would repeal Biden's executive action last yearChinese solar panels. The move sets up floor vote which is expected to take place early next week and which is likely to garner significant Democratic support.
"Today’s resolution is an important step to ensure the United States maintains crucial protections for American workers and our economy as a whole," Ways and Means Chairman Jason Smith, R-Mo., said in a statement."I appreciate that concern for China’s behavior is shared by so many of us, and I hope this is the first of several bipartisan things we can work together on as it relates to confronting the continued threat China poses on so many fronts.
"Members of the Ways and Means Committee clearly recognize that Congress must act in this instance to hold accountable bad actors in global trade and, in particular, Chinese wrongdoing," he continued."I am pleased that today we can act in a bipartisan way to protect and defend American workers." House Ways and Means Committee Chairman Jason Smith, R-Mo., said he hoped the resolution was the first of many actions combating the threat posed by China.
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