Washington Won't Save You--but This 4-Step Plan Might

America's economy is unraveling--soaring costs, skyrocketing debt, and Wall Street insiders dumping stocks. This isn't a recession--it's an economic breakdown. Stocks could crash 50%, real estate 40%, and inflation will eat your savings. But history shows: the biggest crashes create the biggest fortunes--if you act now!

Senate confirms Zeldin to lead Environmental Protection Agency as Trump vows to cut climate rules

MATTHEW DALY
January 29, 2025

WASHINGTON (AP) -- The Republican-controlled Senate on Wednesday confirmed Lee Zeldin to lead the Environmental Protection Agency, a key role to help President Donald Trump fulfill his pledge to roll back major environmental regulations, including those aimed at slowing climate change and encouraging use of electric vehicles.

The vote was 56-42 in Zeldin's favor. Three Democrats -- Sens. Ruben Gallego and Mark Kelly of Arizona and John Fetterman of Pennsylvania -- supported Zeldin, along with all 53 Republicans.

Zeldin, a former Republican congressman from New York, is a longtime Trump ally and served on Trump's defense team during his first impeachment. He voted against certifying Trump's 2020 election loss to President Joe Biden.

Zeldin, 44, said during his confirmation hearing that he has a moral responsibility to be a good steward of the environment and pledged to support career staff who have dedicated themselves to the agency's mission to protect human health and the environment.

Zeldin repeatedly declined to commit to specific policies, however, promising instead not to prejudge outcomes before arriving at EPA. When asked by Republican Sen. Pete Ricketts of Nebraska whether he would roll back programs that promote electric cars -- a program Trump has repeatedly criticized -- Zeldin stayed vague but acknowledged he has heard Republican complaints.

Trump led efforts to dismantle more than 100 environmental protections during his first term and has promised to do so again, targeting what he falsely labels an electric vehicle "mandate" and "green new scam" approved by Democrats.

Trump, who has called climate change a hoax, has vowed to overturn former President Joe Biden's biggest climate accomplishments, including tailpipe regulations for vehicles and slashed pollution from power plants fired by coal and natural gas. Trump has already moved to oust career staff at EPA and other agencies, remove scientific advisers and close an office that helps minority communities that disproportionately struggle with polluted air and water.

Democratic Sen. Sheldon Whitehouse of Rhode Island called Zeldin the wrong man for the job.

"We need an EPA administrator who will take climate change seriously, treat the science honestly and stand up where necessary to the political pressure that will be coming from the White House, where we have a president who actually thinks (climate change) is a hoax, and from the huge fossil fuel forces that propelled him into office with enormous amounts of political money and who now think they own the place," Whitehouse said in a Senate speech.

Trump is "under the thumb of the fossil fuel industry," Whitehouse said, adding that the EPA administrator "has to be truthful and factual and support and defend our environment and our safety from climate change.''

He has nothing against Zeldin personally, Whitehouse added, "but the likelihood of him standing against that fossil fuel bulldozer that is coming at him is essentially zero. And in that context, this is very much the wrong guy."

Sen. John Barrasso, R-Wyo., said Zeldin will return the EPA to its original mission of protecting America's air, water and land -- without "suffocating the economy."

Barrasso called Zeldin "a lifelong public servant" and a seasoned lawyer with a sharp legal mind and over 20 years of military service.

Zeldin will continue Trump's "mission to roll back punishing, political regulations" at the EPA, "cut red tape" and oversee "a new wave of creativity and innovation,'' Barrasso said.

"For the last four years, the so-called experts at the Environmental Protection Agency went on a reckless regulatory rampage,'' Barrasso said, referring to the Biden administration. "They saddled American families and businesses with higher costs and heavy-handed restrictions. They bowed to climate extremism and ignored common sense."

Zeldin "will right the ship and restore balance at the EPA,'' Barrasso said, citing likely actions to repeal Biden-era rules on tailpipe emissions and power plants, along with eliminating federal subsidies for electric vehicles.

The League of Conservation Voters, a national environmental advocacy group, has panned Zeldin's lifetime environmental record, giving him a 14% score. Like all Republicans at the time, he voted against the 2022 Inflation Reduction Act aimed at boosting renewable energy and manufacturing and fighting climate change.

Zeldin supported a bill to reduce harmful forever chemicals, called PFAS, that would have required the EPA to set limits on substances in drinking water. He also was a leading proponent of the 2020 Great American Outdoors Act, which used oil and gas royalties to help the National Park Service tackle its massive maintenance backlog. He's also supported local conservation efforts on Long Island.

Zeldin said at his Jan. 16 hearing that he wants to collaborate with the private sector "to promote common-sense, smart regulation that will allow American innovation to continue to lead the world."

The EPA under his leadership "will prioritize compliance as much as possible," Zeldin said. "I believe in the rule of law and I want to work with people to ensure they do their part to protect the environment."

Continue Reading...

Popular

Mark Cuban Stunned By Dončić Trade: 'I Was Just As Dumbfounded As Everybody Else'

Former Dallas Mavericks owner Mark Cuban has voiced his shock over the recent trade of Luka Dončić to the Los Angeles Lakers.

Here's Why Reddit's Ad Revenue Growth Is Outpacing Other Social Media Giants

Reddit Inc (NYSE: RDDT) has been identified as the social media platform with the fastest growing ad revenue.

The Election Is Over, but the Uncertainty Is Just Beginning. - Ad

With sweeping policy changes, tax hikes on the horizon, and an unstable global economy, investors are in uncharted territory. It's times like these that destroy traditional portfolios. But there's a strategy that delivers consistent, reliable income month after month--even when the markets are in turmoil.

NBA Legend Shaq's Walmart Shopping Spree Ends In Credit Card Decline - Here's How Much He Tried To Spend

Basketball superstar Shaquille O'Neal's impact goes beyond basketball, with his larger-than-life personality and smart investments. Yet, one of his most unforgettable moments happened at Walmart.

Meet the federal worker who went rogue: I hope that it lights a fire under people

NEW YORK (AP) — To billionaire Elon Musk and his cost-cutting team at the Department of Government Efficiency, Karen Ortiz may just be one of many faceless bureaucrats. But to some of her colleagues, she is giving a voice to those who feel they can't speak out.

Elon + Nvidia + ????? - Ad

Musk just teamed up with Nvidia and an emerging tech giant to build the largest AI supercomputer ever--and hardly anyone is talking about it. Discover how to "partner" with Musk before 99% of investors catch on! Click now--before it's too late!

Hong Kong's richest man, Li Ka-shing, is in hot water over his company's Panama Ports deal

HONG KONG (AP) — Hong Kong tycoon Li Ka-shing’s business empire is in the after CK Hutchison Holdings chose to sell its Panama Canal to a consortium that includes U.S. investment firm BlackRock Inc., apparently angering Beijing.

EPA head says he'll roll back dozens of environmental regulations, including rules on climate change

WASHINGTON (AP) — In what he called the “most consequential day of deregulation in American history,” the head of announced a series of actions Wednesday to roll back landmark environmental regulations, including rules on pollution from coal-fired power plants, climate change and electric vehicles.

Elon's Biggest Secret Could Save Your Retirement - Ad

From a near-fatal car crash to surviving deadly malaria, Musk's fearless drive built Tesla, SpaceX, and Starlink. Now, he's warning America--and smart investors are listening. Discover the Trump IRS Loophole to protect your IRA & 401(k).

No.1 Pre-IPO Opportunity for 2025 [Take Action Now!] - Ad

Starlink's IPO Could Be the Biggest in History--Silicon Valley insider James Altucher has uncovered a way to profit BEFORE the IPO--with as little as $50. Musk's $180B giant is set to launch--will you miss out? Claim your spot before it's too late.

Minnesota considers blocking 'nudify' apps that use AI to make explicit images without consent

ST. PAUL, Minn. (AP) — Molly Kelly was stunned to discover in June that someone she knew had used widely available to create highly realistic and sexually explicit videos and images of her, using family photos that were posted on social media.

Mark Cuban Once Questioned Whether Donald Trump Is Really a Billionaire

Mark Cuban once publicly challenged the legitimacy of President Trump's billionaire status.

Exposed: 3 Cent Crypto to Explode March 24th? - Ad

Chris Rowe, the man who spotted 44 different coins that have returned over 100%, is now making the biggest crypto call of his ENTIRE career.... Because a powerful crypto event will trigger on March 24th... Sending hundreds of tiny cryptos soaring 5X, 50X, even 100X -- in just days.

Canada incoming PM says he'll keep tariffs in place until US shows respect and commits to free trade

TORONTO (AP) — Incoming said Tuesday that his government will keep tariffs in place until Americans show respect and commit to free trade after U.S. President Donald Trump threatened historic financial devastation for Canada.

FTC asks judge to delay Amazon trial due to resource constraints

The Federal Trade Commission asked a federal judge on Wednesday to delay a trial in a case of using deceptive practices in its Prime subscription program, citing staffing and budgetary challenges at the government agency.

Hurry! Enter These 2 Trades by EOD Tuesday - Ad

This system uses an odd twist on trading options that has led to win after win, oftentimes doubling your money in just 3 days! This simple system hasn't closed out a losing trade... in more than 8 years! And the latest two trades are about to be released...

Trump vs Musk? Federal Workers Unconvinced He'll Take Action: 'If They Don't Cut, Elon will, Comments Show Who's Really In Charge'

President Donald Trump has reportedly limited the authority of his billionaire advisor, Elon Musk, to dismiss federal employees. This development has stirred skepticism among the workforce and political circles.

Trump's Secret Plan to Reboot the Dollar Leaked? - Ad

Steve Bannon let slip 3 shocking words--and Wall Street panicked. According to Bannon, President Trump is poised to restore the gold standard, reset the dollar, and send gold soaring. Position yourself before it's too late! Claim your free 2025 Gold Guide and discover the Trump Loophole to move funds from your IRA & 401(k) into gold--tax-free!

Bitcoin To Flourish With Or Without Trump's Support, Says Expert: Fed's Rate Cuts Could Make People More 'Inclined' To Buy BTC

Bitcoin (CRYPTO: BTC) is expected to reach a six-figure valuation by 2025, according to Nigel Green, CEO of deVere Group. This prediction comes despite the lack of explicit support from U.S. President Donald Trump.

Cathie Wood-Led Ark Invest Roblox, Roku, UiPath As Markets Take A Dip

Ark Invest made significant trades on Friday, selling shares of RBLX, ROKU, PATH and buying shares of IBTA, PSNL, ABSI, and RXRX.

Trump's Next Move - Ad

First it was MAGA, then MAHA, now MARA. New video reveals what Trump's greatest plan yet. Presidential insider exposes shocking plot to reshape U.S. economy.

Tesla tumbles again as investors bail on Elon Musk's suddenly struggling electric vehicle company

Shares of Tesla are sliding again Monday as confidence in Elon Musk's electric car company continues to disintegrate following a post-election “Trump bump.”

'Horrific Report': Economists Warn Consumer Confidence Collapse Signals Economic Trouble

U of Michigan consumer confidence survey shows rapid decrease amid high inflation expectations, economists warn of bad omen for US economy.

New Study: 50 Stocks Will Crash While 7 MAGA Stocks Will Soar - Ad

If you own any of these stocks -- directly or through mutual funds -- I want to encourage you to sell them before April 30th. I've compiled all 50 companies in my "MAGA Blacklist" report. Your retirement could depend on seeing this list.

TSMC Rides AI Wave: Sales Surge 39% In First 2 Months Of 2025 On Higher Demand

Taiwan Semiconductor Mfg. Co. Ltd. reported a 39.2% jump in its two-month revenue for January and February in 2025 as compared to last year.

China is ending its annual Congress with questions open over how to revive its slowing economy

BEIJING (AP) — China is wrapping up its biggest political event of the year on Tuesday leaving one question unanswered: How far will it go to try to revive economic growth in 2025?

Globetrotting CFA Discovers Top Four Gold Miners With 100X Upside Potential - Ad

Most CFAs sit at a desk... But one unusual CFA went all-in on gold investing 20 years ago... and accidentally positioned himself as the expert's expert for the current bull market. Garrett Goggin's research has led him to the the Top Four miners sitting on potential upside of 100X or more for the current gold mania. He's been offered as much as $100k by Hedge Funds.

Embed-Chart-Tesla Stock, ADVISORY

TESLA STOCK — Chart. This AP digital embed chart shows the closing price of Tesla shares since last September. As Tesla founder Elon Musk generates controversy as he moves to cut federal spending as an adviser to President Donald Trump, stock in Tesla has fallen. This chart is current as of March 10, 2025, and will not update. Source: FactSet

Trump loves Gilded Age tariffs. It was a great time for the rich but not for the many

WASHINGTON (AP) — In President Donald Trump's idealized framing, the United States was at its zenith in the 1890s, when top hats and shirtwaists were fashionable and typhoid fever often killed more soldiers than combat.

The Stock Market Is Splitting in Two... - Ad

Wall Street legend Louis Navellier just issued a stark warning...He says we're at the very early stages of an historic rupture in the stock market. In fact, the early cracks have already started to appear... Are you prepared for what's coming?

Israel cut off food and supplies to Gaza. Aid groups are scrambling. What's happening on the ground?

JERUSALEM (AP) — Israel’s cutoff of food, fuel, medicine and other has sent prices soaring and humanitarian groups into overdrive trying to distribute dwindling stocks to the most vulnerable.

Universities are facing big cuts to research funding. At Duke, it's a time for 'damage control'

DURHAM, N.C. (AP) — Facing the potential loss of hundreds of millions of dollars in federal funding, Duke University is preparing for the worst.

Trump's Final Reset - Ad

Inside the shocking plot to re-engineer America's financial system...and why you need to move your money now. Presidential insider exposes shocking plot to reshape U.S. economy.

AOC Claps Back At Mike Johnson As Senate Moves Closer To Government Shutdown: 'If You Need Democrats, Then You Need To Negotiate'

Alexandria Ocasio-Cortez pushed back on Speaker Mike Johnson's blame for a possible shutdown, reminding him that Republicans control the government and must negotiate if they lack the votes.

Magnificent 7 Sheds Over $750 Billion In Market Cap In One Day: Is Big Tech's Honeymoon Over? (CORRECTED)

The Magnificent Seven tech companies, including Tesla, which make up 30% of the S&P 500, saw major losses on Monday due to recession fears.

A Radical New AI Development - Ad

According to this billion-dollar fund manager, AI is way more advanced than most people realize... Thanks to a radical new development, folks who aren't positioned correctly are about to get blindsided.

Bloomin' Brands Is A Long-Term Survivor, But Has Near-Term Challenges: Analyst

JP Morgan analyst lowers price forecast for Bloomin' Brands from $13 to $10, retains Neutral rating. Challenges ahead, but potential for success.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright systemtrading.ca
Privacy Policy | Terms of Service