Good evening and welcome to our Weekend Update.
We were back in Washington with a packed schedule. I joined Newsmax TV to discuss our current negotiations regarding the debt ceiling. Eleven weeks ago, Speaker Kevin McCarthy met with Biden on the debt ceiling, and since then, the White House has gone radio silent. We have a plan to prevent a default, save tax-payers trillions, make us less dependent on China, and curb inflation — all without touching Social Security or Medicare. Click here or below to watch my interview.
Again, I joined Newsmax TV to discuss the many ways House Republicans are keeping their Commitment to America. One of our top priorities, HR 1, will increase domestic energy production, reduce regulatory burdens, and reform permitting across all sectors of the economy. The bill will unleash American energy, curb inflation, create hundreds of thousands of jobs, and provide our nation with energy independence. Click here or below to watch my interview.
In the first 100 days of the GOP majority, we’ve passed major energy reform, the Parents Bill of Rights, and legislation aimed at protecting against late-term abortions, making our streets safer, and defending our national security. House Republicans will continue fighting for all Americans. I joined House Majority Leader Scalise and my colleagues to discuss our progress on passing legislation tied to our Commitment to America agenda.
This week, I introduced the Restoring the Secondary Trading Market Act, which seeks to promote and facilitate interstate commerce for secondary trading in companies that make current information publicly available. Currently, “Blue Sky Laws” pose a significant concern for traders and brokers as they create a burdensome patchwork of compliance regulations that vary from state to state. These laws often restrict broker-dealers from providing investment advice, distributing research to retail customers, and facilitating trading in managed accounts on behalf of investors. My bill addresses that. This week, I addressed this issue before the House Finance Committee. Click here or below to watch my comments.
As part of our continued efforts to advocate for the Williamsport Regional Airport in Congress, I urged the Transportation & Infrastructure Committee to pass my bill, the Supporting Middle America's Airports Act, to help restore commercial air service in Williamsport. Click here or below to watch my remarks.
I had the opportunity to meet with Patrick Harker, President of the Federal Reserve Bank of Philadelphia. We had a substantive conversation about the health of America’s banking system and discussed our Nation’s overall economic outlook.
As someone who helped grow a small business into a larger business, I know firsthand the difficulties entrepreneurs face. The government should promote policies that help our businesses thrive, not stand in their way. This week, I spoke in committee about how a larger, more expansive IRS will burden small businesses already struggling with inflation and hiring challenges. Click here or below to watch my comments.
I had the opportunity to have an open discussion with Spotify and my colleagues on the Problem Solvers Caucus about solutions for American businesses.
Speaker McCarthy invited my colleagues and me to attend a moderated economic discussion with Chuck Schwab and Senator Phil Gramm, featuring Gramm's recent book "The Myth of American Inequality." It was an enlightening discussion.
On Tuesday evening, I was invited to meet with Florida Governor Ron DeSantis, someone considering a run for the White House. We must reverse the terrible course the Biden administration and woke supporters have sent us on. President Donald Trump had us on the course. I believe in him, his movement, and the America First agenda. I plan to meet with President Trump and discuss a winning strategy. The key to winning the White House, control of the U.S. Senate and strengthening our majority in the U.S. Senate is winning Pennsylvania. There are many reasons they call us the Keystone State!
I joined my colleague, Congressman Troy A. Carter, Sr., in submitting a formal letter to the heads of the FDA and the Center for Tobacco Products calling on the agencies to account for a lack of progress in addressing the recommendations made by a 2022 report on premium cigars. Click here to read more.
IN NEWS YOU WON’T HEAR IN THE MAINSTREAM MEDIA: As a member of the Finance Committee, I had the opportunity to question U.S. Securities and Exchange Commission Chair Gary Gensler about several issues I have witnessed with delays and the potential for conflicts of interest with regard to high profile registrations.
I questioned Gensler about the potential conflicts of interest regarding the review of the Truth Social business plans. Click hereor below to watch:
Who is Gary Gensler? Gensler is a high-ranking Democrat political operative who served as the Chief Financial Officer of Hillary Clinton's presidential campaign in 2016. He is alleged to have been responsible for the payment for the now-debunked Steele dossier. One of his top lieutenants at the SEC is Melissa Hodgman, the wife of the infamous Peter Strzok. These are known enemies of the Trump presidency and President Donald Trump.
Trump was working to drain the swamp... But, unfortunately, Biden has reopened the corruption floodgates, and the swamp is certainly filling back up!
This week, I had the honor to "raise a glass" to a great American company residing in the 9th District, Yuengling Brewery, on the floor of the U.S. House. Yuengling celebrated its 194th year in business this week as America's oldest brewery. Congratulations to Dick Yuengling, the Yuengling family, and all their employees on their continued success. Click here or below to watch my remarks.