Lummis, GOP Banking Members Demand Fairness in Banking

U.S. Senator Cynthia Lummis of Wyoming joined Ranking Member Pat Toomey of Pennsylvania and her other Republican colleagues on the Senate Banking, Housing and Urban Affairs Committee to send a letter calling on Special Presidential Envoy for Climate John Kerry to stop pressuring banks to discriminate against energy companies through their lending practices.

Cynthia Lummis


In the letter, the senators noted, “misusing government power to influence bank lending and investment practices will distort capital allocation, raise energy costs for consumers, and slow economic growth.” The senators also pointed out that fossil fuels “continue to represent approximately 80 percent of U.S. energy production and consumption.” Any bank practices that would harm energy companies would ultimately harm working class Americans across the country. To read the full letter, click here.



3 Comments

  1. As if many repubs did not do the same thing …especially the last four years.Pot calling kettle black…again.

  2. This is par for the course under the emerging biden fascist dictatorship. If companies dont heel under team biden, then they will lose. Unfortunately the multinational corporations are under bidens wing if they arent already dictating bidens policies.

    Red meat is another target of this fascist admin. The WY stock growers association should be very careful of who they donate money to since there are wolves lurking under the cover of the (R) banner.

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