Finance Fusion Network
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Finance Fusion Network
No Result
View All Result

House GOP moves to cement Trump energy agenda by taking sledgehammer to Biden-era regulations

by
February 18, 2026
in Latest News
0
House GOP moves to cement Trump energy agenda by taking sledgehammer to Biden-era regulations

A newly proposed bill by House Republicans would cement President Donald Trump’s energy agenda by taking a sledgehammer to a vast array of his Democrat predecessor’s regulations.

Rep. Craig Goldman, R-Texas, is introducing legislation that would give all future energy-related regulations a five-year sunset window, while requiring many existing rules to be amended with a one-year expiry pending a review process.

It comes after Trump levied a similar executive order that would target energy red tape imposed by former President Joe Biden during his first year in office.

But if Goldman’s bill becomes law, it would significantly hamstring the ability of future Democratic administrations to impose new long-term energy policies like Biden’s, many of which Republicans have panned as burdensome and unnecessary.

He argued to Fox News Digital that those regulations were compounding the rising costs Americans have seen in their daily lives.

‘It is going through and looking at every single cost, basically from start to finish, of energy costs, and how it affects every single American taxpayer,’ Goldman said of his legislation.

‘All anyone has to do is look at where they were a year and a half ago with costs of certain things. It was all based on regulations passed by the Biden administration, and that’s exactly what we hope to cut and codify.’

The Texas Republican pointed out that increased energy costs, including prices at the gas pump, bled into other facts of Americans’ daily lives.

‘My dad and I owned a wine and food store and, yeah, when gas prices went up, the guy who drove the 18-wheeler full of cheese from Chicago, Illinois, charged us an extra $2,000 for that delivery because his gas prices were up tremendously. And so we couldn’t afford to eat that cost, so the cheese prices went up,’ he said as an example. 

‘Everything that every single American taxpayer touches — whether they know it or not, when energy prices are high, their cost of living is in turn going to be high.’

His legislation would primarily target regulations issued under major energy and land laws overseen by the Department of Energy and Department of the Interior.

The House has already voted to roll back a number of Biden-era regulatory policies so far this term and with bipartisan support.

Last month, 11 Democrats voted with Republicans to overturn Biden administration regulations on showerhead pressure.

Both the House and Senate passed resolutions early last year to overturn Biden-era regulations targeting water heaters, with six Democrats joining Republicans in the House on that measure.

Rising energy costs have been targeted by both parties as they make competing arguments ahead of the November 2026 midterms.

But Goldman is arguing that Democrats have less of a footing to talk about affordability with select goods like gas seeing a decrease in prices this year.

‘We pushed back, and we made people realize, ‘No, wait a minute. Let’s talk about affordability. Let’s talk about where the cost of things were just over a year and two months ago, before Donald Trump came into office and before Republicans could push through good legislation that President Trump signed,’ Goldman said. ‘I kind of find it quite interesting that all of a sudden the buzzword affordability isn’t much talked about anymore.’

Co-sponsors of Goldman’s bill include Republican Study Committee Chairman August Pfluger, R-Texas, and Reps. Beth Van Duyne, R-Texas, Randy Weber, R-Texas, Dan Crenshaw, R-Texas, Anna Paulina Luna, R-Fla., Pat Harrigan, R-N.C., and Barry Moore, R-Ala. 

A Senate counterpart was introduced by Sen. Jim Risch, R-Idaho.

This post appeared first on FOX NEWS
Previous Post

Mysterious 2020 explosion in China had hallmarks of nuclear test, US official alleges

Next Post

Ex-Victoria’s Secret CEO tells House investigators he was ‘conned’ by Epstein in closed-door deposition

Next Post
Ex-Victoria’s Secret CEO tells House investigators he was ‘conned’ by Epstein in closed-door deposition

Ex-Victoria’s Secret CEO tells House investigators he was ‘conned’ by Epstein in closed-door deposition

  • Trending
  • Comments
  • Latest
Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

July 8, 2025
DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

February 7, 2025
Analysis-To weather Trump, emerging market investors look to the frontier

Analysis-To weather Trump, emerging market investors look to the frontier

January 27, 2025
Over 158 million Americans voted in 2024 as Trump reclaimed the White House

Over 158 million Americans voted in 2024 as Trump reclaimed the White House

July 7, 2025
Ukraine makes fastest gains in years as Russia talks stall, exploiting cracks in Kremlin command

Ukraine makes fastest gains in years as Russia talks stall, exploiting cracks in Kremlin command

0
Harris campaign officials explain what went wrong –  and what Trump did right: report

Harris campaign officials explain what went wrong – and what Trump did right: report

0
New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

0
NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

0
Ukraine makes fastest gains in years as Russia talks stall, exploiting cracks in Kremlin command

Ukraine makes fastest gains in years as Russia talks stall, exploiting cracks in Kremlin command

February 18, 2026
GOP warns Democrats using DHS shutdown to stall Senate voter ID push

GOP warns Democrats using DHS shutdown to stall Senate voter ID push

February 18, 2026
Former Rep MTG asserts that Americans don’t want US war against Iran

Former Rep MTG asserts that Americans don’t want US war against Iran

February 18, 2026
Ex-Victoria’s Secret CEO tells House investigators he was ‘conned’ by Epstein in closed-door deposition

Ex-Victoria’s Secret CEO tells House investigators he was ‘conned’ by Epstein in closed-door deposition

February 18, 2026

    Fill Out & Get More Relevant News

    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent News

    Ukraine makes fastest gains in years as Russia talks stall, exploiting cracks in Kremlin command

    Ukraine makes fastest gains in years as Russia talks stall, exploiting cracks in Kremlin command

    February 18, 2026
    GOP warns Democrats using DHS shutdown to stall Senate voter ID push

    GOP warns Democrats using DHS shutdown to stall Senate voter ID push

    February 18, 2026
    Former Rep MTG asserts that Americans don’t want US war against Iran

    Former Rep MTG asserts that Americans don’t want US war against Iran

    February 18, 2026
    Ex-Victoria’s Secret CEO tells House investigators he was ‘conned’ by Epstein in closed-door deposition

    Ex-Victoria’s Secret CEO tells House investigators he was ‘conned’ by Epstein in closed-door deposition

    February 18, 2026

    Top News

    Ukraine makes fastest gains in years as Russia talks stall, exploiting cracks in Kremlin command

    Ukraine makes fastest gains in years as Russia talks stall, exploiting cracks in Kremlin command

    February 18, 2026
    GOP warns Democrats using DHS shutdown to stall Senate voter ID push

    GOP warns Democrats using DHS shutdown to stall Senate voter ID push

    February 18, 2026

    Latest News

    • Ukraine makes fastest gains in years as Russia talks stall, exploiting cracks in Kremlin command
    • GOP warns Democrats using DHS shutdown to stall Senate voter ID push
    • Former Rep MTG asserts that Americans don’t want US war against Iran

    About Finance Fusion Network

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.