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Press Release: Rep. Loudermilk Named Vice Chair of the Subcommittee on Financial Institutions and Monetary Policy
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Rep. Barry Loudermilk (R-GA) issued the following statement after being named Vice Chair of the Subcommittee on Financial Institutions and Monetary Policy by the Chairman of the House Financial Services Committee, Patrick McHenry:
“In my role as Vice Chair of the Subcommittee on Financial Institutions and Monetary Policy, I look forward to playing a key role in overseeing financial regulatory agencies; and, in particular, the out of control CFPB. I also hope to advance legislation that expands access to credit for consumers and businesses so our economy can thrive. Additionally, I look forward to conducting oversight of the Federal Reserve’s monetary policy as it seeks to get inflation under control. I want to thank Chairman McHenry for entrusting me with this important position, and look forward to working on this subcommittee with my colleagues and Subcommittee Chair, Rep. Andy Barr.”
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Press Release: Rep. Loudermilk and House Republicans Pass Legislation to Increase American Energy Production and Protect our Petroleum Reserve |
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Rep. Barry Loudermilk (R-GA) issued the following statement after House Republicans passed the Strategic Production Response Act, H.R. 21:
“President Biden and his administration have been waging war on American energy production since day one of his administration by cancelling the Keystone XL Pipeline, suspending new federal oil and gas leases, and pushing the Federal Reserve to implement climate change policies – all of which have contributed to skyrocketing gas prices. But Biden doesn’t want you to believe his administration is the cause for soaring gas prices, he’d rather blame everyone else, like Putin and American oil companies. Unfortunately, the president would rather drain the Strategic Petroleum Reserve (SPR) or broker oil deals with countries like Venezuela, Iran – the number one state sponsor of terrorism in the world – or Saudi Arabia, who he once called a ‘pariah,’ than work with American energy companies to increase production here at home.
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In the News: U.S. GDP rose 2.9% in the fourth quarter, more than expected even as recession fears loom
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CNBC:
The U.S. economy finished 2022 in solid shape even as questions persist over whether growth will turn negative in the year ahead.
Fourth-quarter gross domestic product, the sum of all goods and services produced for the October-to-December period, rose at a 2.9% annualized pace, the Commerce Department reported Thursday. Economists surveyed by Dow Jones had expected a reading of 2.8%.
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In the News: IRS Free File launch aims to save taxpayers hard-earned dollars
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IRS:
The Internal Revenue Service's Free File Guided Tax Preparation service is live and ready for taxpayers to use. Free File went live January 13, 2023, 10 days prior to the 2023 filing season start date. The IRS starts accepting individual tax returns on January 23.
IRS Free File marks its 21st filing season this year and is one of many free options available to taxpayers for filing their taxes either online or in person. IRS Free File is offered via a public-private partnership between the IRS and the Free File Inc., formerly the Free File Alliance. Through this partnership, leading tax software providers make their online products available in both English and Spanish for free.
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| Rep. Loudermilk Supports Efforts to Protect the Second Amendment and Our Lands from Being Purchased by Foreign Adversaries |
Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rules submitted by the ATF relating to the consideration of stabilizing braces in determining whether a weapon is a firearm for purposes of the National Firearms Act. (Rep. Clyde, R-GA)
-Provides for a Congressional Review Act measure to disapprove of the recent ATF rule on pistol braces. The ATF rule effectively requires gun owners to surrender their firearm to the ATF or to destroy the firearm as the only remedy.
H.R. 212 – Protecting Our Lands Act (Rep. Steube, R-FL)
-Prohibits any foreign person who is a foreign adversary or a state sponsor of terror to purchase public or private real estate located in the United States.
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