| |
| Last week my office was hard at work on Capitol Hill holding the radicals in the Biden administration accountable and delivering upon meaningful solutions on beha of our Southwest Florida community, the State of Florida, and the American people.
On the legislative front, I sent a letter to the U.S. Nuclear Regulatory Commission's (NRC) Office of the Chief Financial Officer encouraging the agency to reevaluate proposed fee increases for FY'24. The NRC's proposed fee increases would further impact businesses attempting to navigate the agency's already-burdensome licensing process and could harm the growth of America's promising nuclear energy future. This letter received broad bipartisan support of my colleagues.
I also introduced a bill to require the Chairperson of the Financial Stability Oversight Council (FSOC), to provide contingency plans for outside risks that disrupt the timing of payment on Treasury securities. The "FSOC Backup Plan Act" is my 73rd piece of legislation proposed during the 118th Congress and seeks to address threats to the American financial system by ensuring market disruptions are properly accounted-for. Cyberattacks, terrorism, natural disasters, and the looming debt bubble all represent significant and legitimate potential market disruptions. Currently, FSOC does not produce backup plans in the event of these crises. It is imperative that our nation is proactively prepared for threats to our financial system.
Most notably, the House Oversight and Accountability Committee held an Impeachment Inquiry hearing with Biden family business associates. For years, Joe Biden and his team have lied to the American people that the Biden family syndicate did not take money from China. They even resorted to blaming it on the Russians and claimed Antony Blinken's now-discredited letter from 50+ partisan officials proved Joe's innocence. On Wednsesday, Democrats on the committee again claimed that we had no evidence. I brought the receipts to prove that Joe Biden is directly implicated in this conspiracy. CEFC is a company that is directly-linked to the Chinese Communist Party and Xi Jinping. On July 31, 2017, a text exchange between Hunter Biden and CEFC Associate Zhao confirms CEFC is willing to cooperate with the Biden family. On August 3, 2017, a text exchange between Hunter Biden and CEFC Associate Dong discusses stipulations of the arrangement between the Biden family and CEFC. On August 4, 2017, $100,000 is wired into Owasco PC from CEFC infrastructure. Owasco PC was one of Hunter Biden's many shell companies used to conceal funds from the wire transfers amassed during the Biden family's business dealings. Four days later, on August 8, 2017, $5,000,000 is wire transferred from Northern International Capital to Hudson West 3 LLC. Northern International was a Chinese Communist Party affiliated bank account. Hudson West 3 was a shell company jointly-held by Hunter Biden and CEFC Associate Dong. Also on August 8, 2017, $400,000 is wire transferred from Hudson West 3 LLC to Owasco PC. Hudson West 3 LLC was a shell company jointly-held by Hunter Biden and CEFC Associate Dong. Owasco PC was a shell company controlled by Hunter Biden. Six days later, on August 14, 2017, $150,000 is wire transferred from Owasco PC to Lion Hall Group. Owasco PC was a shell company controlled by Hunter Biden. Lion Hall Group was a shell company controlled by James Biden – Joe Biden's brother. Two weeks later, on August 28, 2017, Sara Biden withdraws $50,000 from Lion Hall Group. Sara Biden is the wife of James Biden (Joe Biden's brother). Lion Hall Group was a shell company controlled by James Biden. Also on August 28, 2017, Sara Biden deposits $50,000 into her personal bank account. This was on the same day that she withdrew $50,000 from Lion Hall Group – her husband James Biden's shell company. Five days later, on September 3, 2017, Sara Biden writes a check for $40,000 to Joseph R. Biden Jr, President of the United States as a "Loan Repayment." Joe's personal accountant Eric Schwerin had no record of the transfer. This extensive process is how money was funneled to Joe Biden. Don't take my word for it, James Biden himself, confirmed the paper trail on page 139 of his deposition transcript. "Committee Staff–Where did you believe the source of the money that was going into Owasco, prior to being sent to you, was coming from?" "James Biden–CEFC." As your Congressman, you have my commitment to work on your behalf and restore order and proper governance to The People's House. |
| |
| Legislative Updates |
| Donalds Leads Bipartisan Call For Nuclear Regulatory Commission To Reevaluate Proposed Fee Increases |
| WASHINGTON – Congressman Byron Donalds (R-FL) sent a letter to the U.S. Nuclear Regulatory Commission's (NRC) Office of the Chief Financial Officer encouraging the agency to reevaluate proposed fee increases for FY'24.
The NRC's proposed fee increases would further impact businesses attempting to navigate the agency's already-burdensome licensing process and could harm the growth of America's promising nuclear energy future.
Donalds received bipartisan support from colleagues including Representatives Lauren Boebert (R-CO), Tom Kean Jr. (R-NJ), Jeff Van Drew (R-NJ), Brandon Williams (R-NY), Claudia Tenney (R-NY), Don Davis (D-NC), Troy Nehls (R-TX), and Harriet Hageman (R-WY).
Dear Mr. Rossi:
We write today to offer our views about the U.S. Nuclear Regulatory Commission's (NRC) FY2024 proposed fee rule (the Rule). Specifically, the Rule makes alterations to the NRC's fee structure relating to the collection of annual fees, licensing fees, inspection fees, and special project fees. With the NRC's public comment submission deadline being March 21, 2024, we believe this unified effort appropriately conveys our concerns about the proposed Rule.
As you know, Congress passed the Nuclear Energy Innovation and Modernization Act (NEIMA) in January 2019— which, in part, required the NRC to recover approximately its full budget beginning in FY2024. While we understand that NEIMA was enacted on a bipartisan basis, we want to stress that the nuclear industry is already cost-prohibitive and increasing fees for applicants is not the solution to fostering America's nuclear potential. Alternatively, the NRC should greet with open arms additional industry involvement—especially from American nuclear small businesses.
Present-day America exists because of innovation, and our country's historic technological milestones are deeply woven into the fabric of the United States. We must embrace innovative thinking and invite American small businesses to the table. But without small business participation, new ideas and new perspectives are limited, technological options are curbed, and America's overarching innovative potential is constrained. In that regard, much of our nation's history of technological innovation originated from an idea and a dream—but increasing pesky licensing fees may ultimately impact America's dream of being the global nuclear leader once again.
As our nation prepares for the upcoming nuclear renaissance, we want to express our belief that the NRC's proposal to increase fees for applicants and licensees from $300 an hour to $321 an hour may detrimentally impact the future of the American nuclear industry. Simply put, exorbitant nuclear licensing fees disincentivize innovative companies from participating in the industry. Additionally, because the NRC is one of the only federal agencies that requires its applicants and licensees to pay steep fees to be regulated, we raise concern about the NRC's precedent of annual fee increases and the unfortunate, yet realistic, potential for additional NRC fee increases in the future.
We also understand that the federal deficit grows every day, but increasing regulatory fees associated with nuclear licensing is not a free-market approach to fostering bold, widespread nuclear innovation in the United States. Instead, we should embrace innovative nuclear technology while simultaneously expediting the NRC's licensing process overall. Doing so will ultimately increase the amount of funding going to the NRC on an annual basis—without exacerbating already-immense regulatory hurdles for applicants.
Therefore, instead of raising fees for businesses involved in the nuclear industry, we firmly encourage the NRC to look in the mirror and move faster in terms of application review. For example, there is no acceptable reason why NRC staff should spend thousands of hours preparing for a mandatory uncontested hearing—which may cost applicants over $500,000 for a self-induced, ineffective box-checking exercise. Additionally, the NRC should limit the process and timeline associated with the Advisory Committee on Reactor Safeguards (ACRS)—which independently reviews every application, regardless of the technology. Such duplicative and prescriptive requirement costs each NRC applicant hundreds of thousands of dollars for yet another rubber-stamping exercise. Finally, we urge the NRC to learn from previous real-life licensing scenarios. No applicant should have to pay $50,000+ for a day and a half of NRC engagement, and no applicant should be charged $500,000,000+ to successfully navigate the NRC's licensing process for over a decade. The NRC must do better—and we believe the NRC has the potential to do better—but increasing fees for applicants and licensees will not foster the upcoming age of American new nuclear deployments.
All in all, we encourage the NRC to take a deeper look at the fee increases proposed by the Rule, and evaluate the realistic impacts of such fees on businesses trying to get through the NRC's burdensome licensing process. To reemphasize, raising fees will not cultivate America's nuclear future. Thank you for keeping our thoughts in mind.
Sincerely,
Byron Donalds (FL-19) Member of Congress Lauren Boebert (R-CO) Member of Congress Tom Kean Jr. (R-NJ) Member of Congress Jeff Van Drew (R-NJ) Member of Congress Brandon Williams (R-NY) Member of Congress Claudia Tenney (R-NY) Member of Congress Don Davis (D-NC) Member of Congress Troy Nehls (R-TX) Member of Congress Harriet Hageman (R-WY) Member of Congress |
| |
| Donalds Addresses Potential Threats To The United States Financial System |
| WASHINGTON - Congressman Byron Donalds (R-FL) introduced legislation to require the Chairperson of the Financial Stability Oversight Council (FSOC), to provide contingency plans for outside risks that disrupt the timing of payment on Treasury securities.
The "FSOC Backup Plan Act" is the 73rd piece of legislation proposed by Congressman Donalds during the 118th Congress and seeks to address threats to the American financial system by ensuring market disruptions are properly accounted-for. Congressman Donalds released the following statement:
"Cyberattacks, terrorism, natural disasters, and the looming debt bubble all represent significant and legitimate potential market disruptions. Currently, FSOC does not produce backup plans in the event of these crises. It is imperative that our nation is proactively prepared for threats to our financial system."
SUMMARY:
BACKGROUND:
MORE: |
| |
| Biden Breaks Record For Most Embassies Evacuated During A Presidency |
|
|
| |
| Donalds Attends House Oversight & Accountability Committee Impeachment Inquiry Hearing With Biden Family Associates |
| To my House Oversight Committee colleagues & the American people: (1) It is CLEAR the source of these payments to the Bidens came from CEFC. (2) CEFC is a company that is DIRECTLY-LINKED to the Chinese Communist Party & Xi Jinping. For YEARS, Joe Biden & his team have LIED to the American people that the Biden family syndicate did not take money from China. They even resorted to blaming it on the Russians & claimed Blinken's now-discredited letter from 50+ partisan officials proved Joe's innocence. July 31, 2017 – Text exchange between Hunter & CEFC Associate Zhao confirms CEFC is willing to cooperate with the Biden family. August 3, 2017 – Text exchange between Hunter & CEFC Associate Dong discusses stipulations of the arrangement between the Biden family & CEFC. August 4, 2017 – $100,000 is wired into Owasco PC from CEFC infrastructure. Owasco PC was one of Hunter Biden's many shell companies used to conceal funds from the wire transfers amassed during the Biden family's business dealings. August 8, 2017 – $5,000,000 is wire transferred from Northern International Capital to Hudson West 3 LLC. Northern International was a Chinese Communist Party affiliated bank account. Hudson West 3 was a shell company jointly-held by Hunter Biden & CEFC Associate Dong. August 8, 2017 – $400,000 is wire transferred from Hudson West 3 LLC to Owasco PC on the SAME DAY. Hudson West 3 LLC was a shell company jointly-held by Hunter Biden & CEFC Associate Dong. Owasco PC was a shell company controlled by Hunter Biden. August 14, 2017 – $150,000 is wire transferred from Owasco PC to Lion Hall Group. Owasco PC was a shell company controlled by Hunter Biden. Lion Hall Group was a shell company controlled by James Biden – Joe Biden's brother. August 28, 2017 – Sara Biden withdraws $50,000 from Lion Hall Group. Sara Biden is the wife of James Biden (Joe Biden's brother). Lion Hall Group was a shell company controlled by James Biden. August 28, 2017 – Sara Biden deposits $50,000 into her personal bank account. This was on the SAME DAY that she withdrew $50,000 from Lion Hall Group – her husband James Biden's shell company. September 3, 2017 – Sara Biden writes a check for $40,000 to Joseph R. Biden Jr, President of the United States as a "Loan Repayment." Joe's PERSONAL ACCOUNTANT Eric Schwerin had NO RECORD of the transfer. This extensive process is how money was funneled to Joe Biden. Don't take my word for it, here is James Biden himself, confirming the paper trail on page 139 of his deposition transcript. "Committee Staff–Where did you believe the source of the money that was going into Owasco, prior to being sent to you, was coming from?" "James Biden–CEFC." See full remarks here or below: |
|
| |
| AOC Denies That RICO Is A Crime |
| In Wednesday's House Oversight & Accountability Committee Impeachment Inquiry Hearing With Biden Family Associates, Rep. Alexandria Ocasio Cortez denied that RICO is a crime. Let's check the tape... |
|
| |
| Biden Ignores Border While Fundraising In Texas As Illegal Alien Riot Ensues |
| LAST WEEK: Illegal aliens near El Paso tore down razor wire, destroyed barriers, & violently rioted in such force that TX Nat. Guard was overwhelmed. ALSO LAST WEEK: Biden was actually in TX–not to fix our border–but instead to attend high-dollar fundraisers with DFW megadonors. |
|
| |
| SEC Committed 'Gross Abuse of Power' in Suit Against Crypto Company, Federal Judge Rules |
| ICYMI: A federal judge just sanctioned the Securities and Exchange Commission for using "false," "mischaracterized," & "misleading" evidence in its lawsuit vs. crypto platform DEBT Box.
Gary Gensler's unprecedented political weaponization of the SEC is egregious & wrong. |
|
|
| |
| Florida Should Not Be Forced To Solely Deal With Mass-Migration From Haiti |
| What's happening in Haiti is yet another disaster of Biden foreign policy:
Florida SHOULD NOT be forced to solely deal with this mass-migration event because of Biden dereliction of duty. |
|
|
| |
| Mainstream Media Blacks-Out Coverage Of Wednesday Oversight Hearing |
| LAST WEEKEND: MSM tried to dupe us with a "bloodbath" hoax.
LAST WEDNESDAY: MSM REFUSED to cover DAMNING findings in the House Oversight & Accountability Committee's impeachment inquiry hearing. |
|
Posts
