• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Dem bid to end Trump energy emergency squashed after forced Senate vote

by February 27, 2025
written by February 27, 2025

Democrats in the Senate failed to pass a resolution that would have reversed President Donald Trump’s executive order on ‘Unleashing American Energy’ in a 53-47 party-line vote.

The White House argued that scrapping the emergency would endanger nearly 900,000 jobs and have a negative $3.6 trillion impact. The order encourages domestic energy production on federal lands and nixed a Biden-era push to strive for more electric vehicles on the road.

‘Tim Kaine wants to impoverish Americans. President Donald Trump’s executive order brings America into the future and unleashes prosperity. Senator [Tim] Kaine wants to cost the economy trillions and risk losing nearly a million jobs,’ deputy press secretary Anna Kelly said in an exclusive statement to Fox News Digital on Tuesday.

The resolution was introduced by Democratic Sens. Tim Kaine and Martin Heinrich as they argued the emergency declaration made by the president would ‘benefit big oil’ but harm Americans, according to a statement provided by the lawmakers to Fox News Digital on Tuesday.

‘The Trump Administration is living in a fantasy land,’ the Democratic senators stated. ‘Energy demand is high and only getting higher, which is why it’s great that America is producing more energy than at any other point in our history. Decreasing the supply of American-made energy when demand is high is the quickest way to raise prices—and that’s exactly what President Trump’s sham energy emergency will do.’

‘By tampering with the market to favor some forms of energy over others and making it easier for fossil fuel companies to take Americans’ private property, Trump’s emergency declaration will benefit Big Oil, but leave American consumers with fewer choices and higher bills.’

Earlier on Wednesday, Sen. John Barrasso, R-Wyo., slammed the resolution as Democrats ‘trying to block common-sense measures’ to tackle ‘painfully high prices.’

‘After four years of reckless regulations and restrictions, energy prices have jumped 31 percent. Families are feeling it all across the country. To most Americans, this is the definition of an energy emergency. To Senate Democrats, it’s an inconvenient truth,’ he said in a floor speech.  

‘This National Energy Emergency is part of President Trump’s swift actions, actions to unleash American energy. It’s part this broader vision of affordable, reliable, available American energy. Democrats oppose that,’ the Republican continued.

Senate Majority Leader John Thune, R-S.D., also slammed the Democrat effort: ‘Thanks in substantial part to a movement to shut down fossil-fuel-fired power plants before reliable sources of clean energy are available to replace them, America is running out of power even as we face huge new power demands. … If we don’t take action, we are going to be facing some very serious problems in the very near future, so I’m grateful to have a president who recognizes and acknowledges the energy emergency facing our nation.’

Senate Energy Committee Chairman Mike Lee, R-Utah, said, ‘Senate Democrats are yet again attempting to block President Trump’s efforts to secure cheaper, more reliable energy—just when America needs it most. Their message to families is clear: pay more, expect less.’

The Trump administration emphasized that ending the emergency would bring back Biden-era policies. A White House document obtained by Fox News Digital stressed that under those policies, during Biden’s first two years, families spent an extra $10,000 in energy costs on average, citing a study published by the Committee to Unleash Prosperity. 

The document cited that estimates of liquefied natural gas (LNG) growth in the new administration were projected to bring in half a million jobs annually and boost U.S. GDP by $1.3 trillion through 2040, per a study by S&P Global in December. 

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
FLASHBACK: Biden also changed White House press pool, cutting off more than 440 reporters’ credentials
next post
Trump to subject all contracts, grants through rigorous standards with DOGE executive order

related articles

Inside Trump’s ultimatum that forced Netanyahu to the...

October 23, 2025

Vance rebukes Israel on ‘very stupid’ vote to...

October 23, 2025

Top Republican slams Katherine Clark for admitting suffering...

October 23, 2025

Vance calls Psaki comments about wife Usha ‘disgraceful’

October 23, 2025

Trump yet to endorse in VA governor’s race...

October 23, 2025

DAVID MARCUS: Trump’s ballroom is no vanity project,...

October 23, 2025

Examining the next threat from Communist China: Our...

October 23, 2025

Sparks fly as Cuomo, Mamdani tear into each...

October 23, 2025

Trump meets NATO’s Rutte amid canceled Putin meeting:...

October 22, 2025

Schumer blocks 12th GOP bid to reopen government...

October 22, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • There’s been a ‘meaningful shift’ in CEO confidence since Trump’s election, says Goldman’s Solomon

    January 15, 2025
  • ANDREW BATES: How Democrats can crush Republicans on the economy and win the midterms

    February 3, 2025
  • Trump says Ukraine rare earth minerals deal will lead to ‘sustainable’ future between US, Ukraine

    February 27, 2025
  • Trump answers whether Comey indictment is about justice or revenge

    September 26, 2025
  • Living off $2,400 a month, a 71-year-old widow tries to get by despite rising prices

    July 18, 2024

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 4

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (6,503)
  • Investing (634)
  • Stock (941)

Latest Posts

  • America celebrates Irish culture and politics on St. Patrick’s Day

    March 17, 2025
  • Trump reveals which major US city is next in crime crackdown while touting success of ‘Operation Summer Heat’

    October 15, 2025
  • Bitcoin price pulled back to new support this morning

    September 11, 2024

Recent Posts

  • FBI has long been accused of politicization ahead of Dem concern over Kash Patel nomination

    December 3, 2024
  • Vance to address House Republicans at Trump hotel amid division over budget bill

    January 28, 2025
  • After raucous first week in office, Donald Trump to keep his foot on the gas

    January 27, 2025

Editor’s Pick

  • House Republican enters race for Mitch McConnell’s Senate seat, setting up high-stakes GOP primary

    April 22, 2025
  • Greenland’s prime minister says US will not ‘get’ island

    March 31, 2025
  • Top House Dems say they’ll join GOP to quash Trump impeachment effort

    May 14, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock