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#deregulation

4 posts3 participants0 posts today

Aww hell no

A #pipeline company is reviving plans to build TWO #NaturalGas pipelines into #NewYork, in a bet that the #Trump admin will be able to strong-arm #states into signing off on #energy projects.

#NY had blocked both pipelines over #environmental concerns. But Trump has made clear that he wants more #oil & #gas infrastructure, including in the Northeast, where pipelines had become so hard to build that companies had all but given up on them.

#law #deregulation
nytimes.com/2025/05/29/busines

Demonstrators protested against the Williams pipeline in Albany, N.Y., in 2016. The company is renewing plans to build two pipelines into New York State.
The New York Times · Williams to Revive Plans for N.Y. Natural Gas PipelinesBy Rebecca F. Elliott

#Trump #BigBeautifulBill is cutting funds to programs that all working class and retired people benefit from, especially to #MedicAid. Also giving big #corporations additional #tax breaks, #deregulation of barriers that reduce #corruption in #finance, #crypto and #health. All while using #immigrants as #scapegoats.

This is what #capitalism always reverts to. A new #GuildedAge.

The #WorkingClass #Proletariat need #Solidarity, #Socialism, a real #democracy.

"House tax & budget bill's ED provisions: received -little attention.

It KILLS a safeguard preventing for-profit from scamming students +fed govt. For-profit colleges: no longer be req to get 10% of their $ from non-gov sources.

+Eliminates "gainful employment" rules that schools' grads earn enough to comfortably repay loans/earnings exceed those who don't get ED *COST💰, don't save it."
-B Duke

Trump's pro #corruption -a fraudster -fined $25M re Trump Univ.
#Deregulation #StudentLoans #USPol

This in-depth report in the Wall Street Journal describes the catastrophic legacy of gold #mining in Northwestern #Canada. A US company created huge amounts of arsenic waste that pollutes the surface and could enter the world’s tenth-largest #freshwater body. Then the company went bankrupt and left the mess to the Canadians. The elders of the Yellowknives Dene First Nation, the indigenous people of the area, call Giant Mine ‘Nahga’, the monster.
wsj.com/world/canada-gold-mine #Trump #EPA #deregulation

“Next 3.5 years going to be a f**king field day for scammers.”
-R Hakimian

“R lawmakers have proposed eliminating the Public Company Accounting Oversight Board (PCAOB) & transferring its functions to the SEC. This #deregulation threatens crucial safeguards established after the Enron & WorldCom scandals...”

Let’s make sure Trump doesn’t make it through the year. He must be forced to resign or be impeached.

#FinancialOversight #TrumpRegime #Corruption #Resist #USPol

linkedin.com/pulse/why-congres

Continued thread

"Modern civilisation has a number of extremely delicate and highly interconnected components whose graceful degradation is effectively impossible."

It is "much easier to break things than to build them up. The government administrations of Britain, France and Germany for example, were set up at a time in the nineteenth century when the rising middle classes demanded a properly functioning state[…]. It took perhaps a generation for professional, neutral public services to fully emerge."

"Forty years of globalised neoliberalism have broken our societies, our economies and our political systems, and we no longer have the ability to put them back together."

braveneweurope.com/aurelien-th

Brave New Europe · Aurelien - The End? - Brave New EuropeThere must be some way out of here … surely? Cross-posted from Aurelien’s substack A scene from Samuel Beckett’s Endgame The original idea behind these essays when I started them three years ago, was that [...]
Continued thread

…On March 12, the new #EPA unveiled what it called "the most consequential day of #deregulation in US history" by rolling back 31 initiatives & eliminating the agency's #DEI arm & its 10 regional #EnvironmentalJustice offices, which worked w/communities to ID & mitigate local sources of #pollution. It *said* it has saved $2B in *wasteful* [because some people have no worth] spending by canceling hundreds of #grants in conjunction w/ #billionaire #ElonMusk's #DOGE.

Trump: "Is running a crypto scam where he can receive $Ms of anonymously -DOJ: shut down the #crypto investigations unit.

Truly no #corruption scheme like this in our history at least out of the WH."
-T Miller

DOJ on Mon: disbanding a unit dedicated to crypto-related investigations. US Dep AG Blanche: “The DOJ isn't a digital assets regulator. However, the prior Admin used the DOJ to pursue a reckless strategy of reg by prosecution.”

#CaveatEmptor #Deregulation #USPol fortune.com/crypto/2025/04/08/

Fortune · Justice Department scraps crypto unit as Trump further loosens oversight of digital assetsBy Ben Weiss
Continued thread

"The new administration is in the process of implementing substantial policy changes in four distinct areas #trade, #immigration, fiscal policy & regulation [#deregulation]," #FederalReserve chair #JeromePowell said.

"Our monetary policy stance is well positioned to deal with the risks & uncertainties we face as we gain a better understanding of the policy changes & their likely [adverse] effects on the #economy. It is not our role to comment on those policies."

Loi sur la simplification: «On prépare le terrain au trumpisme»

Sous couvert de faciliter la vie des #entreprises, le projet de loi de #simplification discuté à l’Assemblée nationale prône la #dérégulation et l’affaiblissement de la démocratie locale. Avec des conséquences écologiques et sociales certaines, dénoncent les députés de gauche.

mediapart.fr/journal/economie-