Good afternoon and welcome to our Weekend Update.
As our brave first responders continue to search through the rubble at the great RM Palmer Company chocolate factory, all of us are offering our sincere prayers to the workers, their families, and to the brave first responders on the scene.
There have been fatalities and injuries as rescue crews continue to dig through the rubble, searching for survivors. I went down on the scene Saturday to work alongside state and local elected officials, including Governor Josh Shapiro, Berks County Commissioners Christain Leinbach, Michael Rivera and Lucine Sihelnik and West Reading Mayor Samantha Kaag. We must ensure that all federal and state resources are available to help assist with the recovery efforts and to support all those impacted by this tragedy.
On a much brighter note, I joined a great American and patriot, Dave McCormick, to celebrate the launch of his new book. Dave’s new book, Superpower in Peril: A Battle Plan to Renew America, is a must-read.
An excerpt from the introduction to his book reads, "My argument is straightforward: America is stuck in a downward spiral of stagnation, disillusionment, and decline. To reverse course, America needs leaders who not only successfully develop and implement plans to achieve global superiority in talent, technology, and data but also take the steps necessary to make renewal possible, by confronting China, reforming our institutions, and guiding our nation forward...this book isn’t about Republicans or Democrats. It’s about what our leaders must do to heal the country. To create common ground in the fight against the great challenges of our day. To renew America. Our success will ultimately depend on the quality of that leadership."
I couldn’t agree more with his message, and we need more dynamic, bold leaders like Dave. Dave and his wife, Dina, are both patriots and dedicated to giving back to our nation. Pennsylvania is fortunate to have him, and I encourage you to read his book.
As we continue to dig into the circumstances and facts that led to the collapse of the Silicon Valley Bank, I joined the “Evening Edit” on Fox Business. The facts show that the Silicon Valley Bank was poorly managed and took several risks. The Fed Reserve out of San Francisco did a terrible job from a regulatory standpoint. Congress will be investigating this situation. We must identify the bad actors to ensure we don’t put blame on the well-managed banks. I also touched on how Biden’s excessive government spending has led to record inflation. Click here or below to watch my interview.
Later, I spoke with Newsmax TV’s “Wake Up America” to discuss the banking situation and the Fed again raising interest rates. While the overwhelming majority of banks are run in a safe and secure manner where assets outweigh deposits. We need to root out the bad actors to restore confidence in the system. Unfortunately, the Biden administration has mismanaged this situation as they have others. In dueling speaking events, Fed Chair Jerome Powell tipped his hand that there would be broader protections for depositors should financial stress spread. Meanwhile, Treasury Secretary Janet Yellen gave a contradictory message in a U.S. Senate hearing that caused the stock market to plunge. Click here or below to watch my interview.
This week, it was announced that Newsmax TV would be restored to DirectTV’s lineup. This was a win for my constituents and the many viewers who had contacted our office concerned about big tech’s censorship of free speech and conservative viewpoints. I was and will continue to be a loud voice as it relates to the efforts of big tech to stifle the voices of conservative media.
This week in Washington, we passed the promised “Parents Bill of Rights” legislation. This commonsense legislation requires schools to improve transparency and make the curriculum, budget plans, and plans for bullying and violent situations available to parents. Additionally, teachers must be available to meet with parents twice per year. This was commonsense legislation that should not have even been necessary to pass. Unfortunately, the left leadership has totally and deliberately mischaracterized the bill, which is a disgraceful attempt to mislead the public. It again shows the importance of having Republican majorities in the U.S. House and Senate... and, of course, the White House. The Republican Party is the commonsense party, the working man/woman party. In contrast, the Democrats largely have become the party of special interests and not the “working” person party but the “woking” person party. Click here to watch my remarks on the floor of the U.S. House.
IN NEWS YOU WON’T HEAR ON THE MAINSTREAM MEDIA: Joe Biden prioritized far-left special interests over the economic well-being of the American people.
In his first veto, Biden blocked a bipartisan-backed bill that would ensure Wall Street doesn’t use your money for ESG funds. The main goal of these funds is not to grow your savings, maximize your return, or improve your retirement outlook. It’s to push a far-left agenda.
The people who manage your retirement savings should only have one thing to prioritize: your retirement security.
Because of Biden’s inflationary policies, Americans have less in savings, less in wages, and are deeper in debt. Biden’s veto only reaffirms that his destructive agenda is the greatest threat to the economic security of seniors and Americans saving for retirement.
It comes as no surprise that Biden chose woke environmental policies over the success of Americans' investments.
Retirement accounts shouldn't be used to fund this Administration’s social agenda. Biden ignored the needs of retirees by vetoing this bipartisan legislation.
This week, we celebrated National Agriculture Day and recognized the tireless efforts of our country’s farmers, ranchers, and producers to keep food on our tables and our store shelves stocked. Thank you for all you do!
In that spirit, I joined many great agricultural industry leaders, as well as my friend, colleague, and Ag Committee Chair GT Thompson, to discuss many important issues facing agriculture. After our roundtable, we took a great bus tour of two farms to see what is up and coming this season, followed by a stop at Weaver's farm market. I want to give a special thank you to my friends Barry and Deb Schlouch for welcoming us into their home to have this discussion.
Next weekend, I will be at the Pennsylvania Leadership Conference at the Penn Harris Hotel in Camp Hill. This is the largest conservative conference in Pennsylvania. I hope to see many of you there. Click herefor more information on the conference. God bless, and see you soon,