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Republican States

All articles tagged with #republican states

business1 year ago

GOP States Sue Major Investment Firms Over ESG and Energy Practices

BlackRock, State Street, and Vanguard are being sued by Texas and 10 other Republican-led states for allegedly violating antitrust laws through their climate activism, which the states claim has reduced coal production and increased energy prices. The lawsuit accuses the asset managers of using their market power to pressure coal companies to cut output and emissions, thus raising utility bills. The states argue that market forces, not asset managers, should dictate electricity prices. The lawsuit seeks to prevent these companies from using their investments to influence shareholder resolutions that could impact coal production.

via New York Post |
#antitrust#blackrock#business
politics1 year ago

Judge Overturns Biden's Immigration Plan for Undocumented Spouses

A federal judge has blocked President Biden's plan to provide a pathway to citizenship for undocumented immigrants married to US citizens, ruling that the administration lacked the authority to implement the program without Congress. The decision, following a lawsuit by 16 Republican-led states, has been criticized by the White House, which argues the plan is essential for keeping families together. The Department of Homeland Security expressed disappointment, while America First Legal, a Trump-aligned group, praised the ruling. The Biden administration may appeal the decision.

via BBC.com|
#biden#court-ruling#immigration
politics1 year ago

Republican States Challenge Federal Oversight at Polling Places

Republican-led states like Florida, Texas, and Missouri are resisting the Justice Department's plan to send election monitors to polling places, a practice aimed at ensuring compliance with federal voting laws. Missouri and Texas have filed lawsuits to block federal monitors, citing state laws that restrict who can be present at polling sites. The Justice Department, which has monitored elections for decades, argues that its presence is necessary to protect voting rights, including those of people with disabilities. The issue arises amid a tight presidential race and potential legal challenges to vote counts.

via ABC News|
#election-monitoring#federal-lawsuit#justice-department
business1 year ago

"ExxonMobil Faces Global Backlash Over Shareholder Activism Dispute"

Officials from 19 Republican U.S. states have urged major money managers not to vote against ExxonMobil's directors in an upcoming meeting, supporting the company's lawsuit against climate activists. This contrasts with Democratic officials and Norway's sovereign wealth fund, who oppose the board's actions, highlighting a divide over Exxon's climate policies and shareholder rights.

via Reuters|
#asset-managers#business#climate-change
politics1 year ago

"Republican-Led States Challenge Biden's Student Loan Forgiveness Plan"

Republican-led states, including Missouri, have filed a federal lawsuit to block President Biden's new student loan repayment plan, known as the SAVE Plan, which offers a faster path to loan cancellation. The lawsuit argues that the plan is an illegal and expensive policy that bypasses Congress, and it threatens the revenue of a quasi-state loan servicing company in Missouri. The Biden administration defends the plan, stating that it aims to provide support and relief to borrowers, but faces legal challenges from conservative opponents.

via The Associated Press|
#biden-administration#lawsuit#loan-cancellation
politics1 year ago

"Republican-Led States Sue to Halt Biden's Student Loan Forgiveness Plan"

Several Republican-led states, including Kansas and 10 others, have filed a lawsuit against the Biden administration over its income-driven SAVE Repayment Plan for student loans, claiming it exceeds presidential authority and unfairly benefits higher-income individuals. The plan, rolled out in August, calculates repayments based on income and family size and provides early debt forgiveness for certain borrowers. The lawsuit argues that the plan is similar to a previous student loan forgiveness plan that was deemed illegal by the Supreme Court. However, research suggests that lower- and middle-income borrowers stand to benefit from loan forgiveness, and it could help address wealth disparities.

via MSNBC|
#biden-administration#income-driven-repayment-plan#lawsuit
politics1 year ago

"Republican-Led States Sue to Block Biden's Student Loan Forgiveness Plan"

Eleven Republican-led states have filed a lawsuit against President Joe Biden's $156 billion student debt forgiveness plan, seeking repayment for the forgiveness and alleging that the administration violated separation of powers and statutory authority. The plan, known as the Saving on a Valuable Education Plan (SAVE), aims to provide lower payments or potential full debt forgiveness for 8 million eligible borrowers. Despite the legal challenges, Biden remains committed to addressing the issue of student loan debt, but experts believe the states may face difficulties in establishing legal standing and blocking the SAVE plan.

via Newsweek|
#education#joe-biden#lawsuit
politics1 year ago

"Republican States Sue to Stop Biden's Student Loan Repayment Plan"

Eleven Republican-led states have filed a lawsuit to overturn President Biden’s new student loan repayment plan, arguing that the program, known as Save, is an overreach of presidential authority and will cost taxpayers billions of dollars. The plan, which provides lower monthly payments and faster loan cancellation, has already erased the balances of over 150,000 borrowers. The states allege that the plan goes beyond the authority granted by the Higher Education Act and is similar to a previous forgiveness plan that was struck down by the Supreme Court. The Biden administration is committed to providing relief to borrowers, while conservatives argue that broad debt relief is unfair to taxpayers.

via The Washington Post|
#biden-administration#higher-education-act#lawsuit
politics1 year ago

"Republican-led States Sue Biden Over Student Loan Forgiveness Plan"

Republican-led states, including Kansas, have filed a lawsuit against the Biden administration to block the SAVE Plan, a new student loan repayment plan that offers faster loan cancellation and lower monthly payments. They argue that Biden overstepped his authority and that the plan will harm states in various ways. The Education Department declined to comment on the lawsuit but noted that it has the authority to define the terms of income-driven repayment plans.

via The Associated Press|
#biden-administration#lawsuit#politics
politics1 year ago

"Conservative States Follow Texas' Lead on Immigration Legislation"

Inspired by Texas, Republican-controlled states like Iowa, Kansas, Oklahoma, Louisiana, and Missouri are considering or have already passed bills targeting undocumented migrants, similar to the Texas law empowering police to arrest unauthorized migrants. Legal analysts believe the fate of these bills will likely depend on the outcome of the Texas case, with more bills expected if the Texas law is upheld.

via The New York Times|
#immigration#legal-gridlock#politics
financepolitics1 year ago

"Texas School Fund's $8.5 Billion Divestment Signals BlackRock's ESG Limits"

Texas is withdrawing $8.5 billion from BlackRock due to the firm's environmental, social, and governance (ESG) policies, making it the largest such divestment. The move is in line with the state's anti-ESG law, which prohibits investments in companies that boycott energy firms. BlackRock argues that its investments benefit Texas, but Republican officials view the firm's ESG approach as detrimental to the state's oil and gas industry. This divestment reflects a broader backlash against ESG and "woke" corporate practices, with other Republican-led states also targeting BlackRock through divestments.

via Washington Examiner|
#blackrock#divestment#esg
politics1 year ago

"Gavin Newsom's Super PAC Fights 'War on Women' with Abortion Ads in Republican States"

California Governor Gavin Newsom is launching advertisements in Republican states to combat efforts to criminalize abortion and restrict reproductive care, with the first ad airing in Tennessee. Newsom's political action committee plans to air similar ads in other states like Alabama, Mississippi, and Oklahoma. Meanwhile, Republicans are scrambling to articulate a position on IVF after a ruling from the Alabama supreme court, with some expressing support for national protections for IVF.

via The Guardian|
#abortion#gavin-newsom#ivf
immigration2 years ago

Court Challenge to Biden's Temporary Legal Status for Thousands in Immigration Policy

A policy implemented by the Biden administration that grants temporary legal status to thousands of individuals from Latin America and the Caribbean is facing a legal challenge from a group of Republican-leaning states. The humanitarian parole program allows up to 30,000 people from Cuba, Haiti, Nicaragua, and Venezuela to enter the U.S. each month for urgent humanitarian reasons or significant public benefit. The program, which requires an online application process, financial sponsorship, and background checks, has admitted nearly 160,000 individuals since its announcement in January. The states argue that the policy is unlawful and will strain their resources, while supporters highlight the positive impact and benefits of the program. The court hearing on the program's legality is set to begin on Thursday.

via NBC News|
#biden-administration#court-challenge#humanitarian-parole-program
politics2 years ago

Republican push for work requirements could harm vulnerable populations.

House Speaker Kevin McCarthy's proposed spending cuts could have a disproportionate impact on people in Republican-leaning states, according to a Reuters analysis of federal spending data. The plan calls for cutting some agency budgets by 7% this year and capping their growth by 1% annually after that, as well as imposing stiffer work requirements on some benefit programs. Federal aid does not play as big a role in relatively wealthy, Democratic-leaning states that are more able to raise their own taxes to fund safety-net programs. McCarthy's proposed increase of 1% per year would not keep up with inflation or population growth.

via Reuters|
#federal-aid#kevin-mccarthy#politics