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CryptoRankNewsTrump Seeks ...

Trump Seeks $1 Billion From Oil Firms To Scrap Biden Climate Policies


Trump Seeks $1 Billion From Oil Firms To Scrap Biden Climate Policies
May, 10, 2024
2 min read
by Watcher.Guru
Trump Seeks $1 Billion From Oil Firms To Scrap Biden Climate Policies

The race for the presidential election heats up as Trump is pulling all the strings to beat his rival Biden. The former president is looking to return to the White House and overturn Biden’s policies when he’s in office. Specifically, Trump revealed that he plans to reverse Biden’s environment and climate change policies.

Also Read: BRICS: Top Economist Says U.S. Dollar is ‘Getting Worse’

Trump seeks $1 billion in campaign funds from top oil companies and executives, pledging to overturn Biden’s environmental policies. The former president promised to scrap all energy and climate policies that Biden put in place that impacted oil companies. His response to executives, “You all are wealthy enough,” he said, and continued, “You should raise $1 billion to return me to the White House,” reported the Washington Post.

Also Read: U.S. Millionaire Says Gold Prices ‘Will Go Very High’

Trump Aims To Raise $1 Billion To Help US Oil Firms From Biden’s Climate Policies

Donald Trump Discusses Bitcoin Use: 'Not Sure I Would Want to Take It Away'
Source: Cleveland.com

The former president was pro-oil during his tenure at the White House between 2017 and 2021. He met with top industry leaders at the Mar-a-Lago Club last month to hear their grievances. He pledged during the meeting that he would reverse several of Biden’s climate policies that hurt US oil firms.

Also Read: Chinese Businesses Hoard US Dollars Fearing the Yuan Could Weaken

The changes would also include electric vehicle (EV) mandates, wind energy initiatives, and other regulations. The US oil and gas industry had opposed the policies as it cut into their revenues. The oil and gas sector has opposed almost all of Biden’s policies since he took over office and now Trump plans to reverse course.

The presidential elections will be held on November 5, 2024, with Trump and Biden competing against each other again. Biden beat Trump in 2020 on the heels of the COVID-19 pandemic that gripped the world. The majority of polls indicate that Trump might beat Biden this time around as the majority of Americans are unhappy with the president.

Read the article at Watcher.Guru

Read More

Binance Revamps Crypto Listings: Focus on Fundamentals, Not Hype

Binance Revamps Crypto Listings: Focus on Fundamentals, Not Hype

Binance, the world’s leading cryptocurrency exchange, has unveiled a new initiative a...
May, 20, 2024
< 1 min read
by CoinEdition
Decoding the Altcoin Crash: Report Points to Market Forces, Not VC Dumping

Decoding the Altcoin Crash: Report Points to Market Forces, Not VC Dumping

Haseeb, a partner at Dragonfly Capital, recently published a report titled “Why Are A...
May, 20, 2024
< 1 min read
by CoinEdition
CryptoRankNewsTrump Seeks ...

Trump Seeks $1 Billion From Oil Firms To Scrap Biden Climate Policies


Trump Seeks $1 Billion From Oil Firms To Scrap Biden Climate Policies
May, 10, 2024
2 min read
by Watcher.Guru
Trump Seeks $1 Billion From Oil Firms To Scrap Biden Climate Policies

The race for the presidential election heats up as Trump is pulling all the strings to beat his rival Biden. The former president is looking to return to the White House and overturn Biden’s policies when he’s in office. Specifically, Trump revealed that he plans to reverse Biden’s environment and climate change policies.

Also Read: BRICS: Top Economist Says U.S. Dollar is ‘Getting Worse’

Trump seeks $1 billion in campaign funds from top oil companies and executives, pledging to overturn Biden’s environmental policies. The former president promised to scrap all energy and climate policies that Biden put in place that impacted oil companies. His response to executives, “You all are wealthy enough,” he said, and continued, “You should raise $1 billion to return me to the White House,” reported the Washington Post.

Also Read: U.S. Millionaire Says Gold Prices ‘Will Go Very High’

Trump Aims To Raise $1 Billion To Help US Oil Firms From Biden’s Climate Policies

Donald Trump Discusses Bitcoin Use: 'Not Sure I Would Want to Take It Away'
Source: Cleveland.com

The former president was pro-oil during his tenure at the White House between 2017 and 2021. He met with top industry leaders at the Mar-a-Lago Club last month to hear their grievances. He pledged during the meeting that he would reverse several of Biden’s climate policies that hurt US oil firms.

Also Read: Chinese Businesses Hoard US Dollars Fearing the Yuan Could Weaken

The changes would also include electric vehicle (EV) mandates, wind energy initiatives, and other regulations. The US oil and gas industry had opposed the policies as it cut into their revenues. The oil and gas sector has opposed almost all of Biden’s policies since he took over office and now Trump plans to reverse course.

The presidential elections will be held on November 5, 2024, with Trump and Biden competing against each other again. Biden beat Trump in 2020 on the heels of the COVID-19 pandemic that gripped the world. The majority of polls indicate that Trump might beat Biden this time around as the majority of Americans are unhappy with the president.

Read the article at Watcher.Guru

Read More

Binance Revamps Crypto Listings: Focus on Fundamentals, Not Hype

Binance Revamps Crypto Listings: Focus on Fundamentals, Not Hype

Binance, the world’s leading cryptocurrency exchange, has unveiled a new initiative a...
May, 20, 2024
< 1 min read
by CoinEdition
Decoding the Altcoin Crash: Report Points to Market Forces, Not VC Dumping

Decoding the Altcoin Crash: Report Points to Market Forces, Not VC Dumping

Haseeb, a partner at Dragonfly Capital, recently published a report titled “Why Are A...
May, 20, 2024
< 1 min read
by CoinEdition