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Date
Title
Politician
Nov. 9, 2023
Thune Slams Biden's Big-Government Labor Policies
Sen. John Thune
Nov. 9, 2023
MANCHIN, ROMNEY INTRODUCE BIPARTISAN FISCAL STABILITY ACT
Rep. Bill Huizenga
Nov. 9, 2023
MANCHIN, ROMNEY INTRODUCE BIPARTISAN FISCAL STABILITY ACT
Sen. Todd Young
Nov. 9, 2023
MANCHIN, ROMNEY INTRODUCE BIPARTISAN FISCAL STABILITY ACT
Sen. John Hickenlooper
Nov. 8, 2023
VIDEO: Capito: State Flexibility, Expanded Workforce Critical for Clean Water Infrastructure Buildout
Sen. Shelley Capito
Nov. 8, 2023
Durbin, Gooden Request Accounting For Exorbiant Swipe Fees Being Paid By Federal Government
Sen. Dick Durbin
Nov. 8, 2023
At A Senate Appropriations Hearing, Durbin Questions Secretary Mayorkas About Meaningful Immigration Reform
Sen. Dick Durbin
Nov. 8, 2023
MAYORKAS GRILLED ON BORDER AS FUNDING DEBATE HEATS UP
Sen. Shelley Capito
Nov. 7, 2023
Barr Delivers Opening Remarks at Hearing to Examine How the Biden Administration is Ceding Authority Over American Financial Regulation
Rep. Andy Barr
Nov. 7, 2023
Chairman Bost Leads Full Committee Hearing on Impact of American Businesses on Veteran Employment
Rep. Mike Bost
Nov. 7, 2023
RANKING MEMBER TAKANO OPENING STATEMENT AT VETERANS' EMPLOYMENT HEARING
Rep. Mark Takano
Nov. 6, 2023
Senator Murray's Resolution Marking Day of Remembrance for Nuclear Weapons Workers Passes Senate Unanimously
Sen. Patty Murray
Nov. 6, 2023
Statements From The Third Bipartisan Senate Forum On Artificial Intelligence - CLOSING
Sen. Chuck Schumer
Nov. 3, 2023
Palmer Amendment Bans Weaponization of the EPA
Rep. Gary Palmer
Nov. 3, 2023
LEADER JEFFRIES STATEMENT ON THE OCTOBER JOBS REPORT
Rep. Hakeem Jeffries
Nov. 3, 2023
Klobuchar, Collins Call on FTC, FCC to Address Rise in AI Voice Cloning Scams
Sen. Susan Collins
Nov. 3, 2023
Klobuchar, Collins Call on FTC, FCC to Address Rise in AI Voice Cloning Scams
Sen. Amy Klobuchar
Nov. 2, 2023
Wagner Delivers Opening Remarks at Hearing to Examine the Consequences of the SEC's Agenda for U.S. Capital Markets and Investors
Rep. Ann Wagner
Nov. 2, 2023
Wagner Delivers Opening Remarks at Hearing to Examine the Consequences of the SEC's Agenda for U.S. Capital Markets and Investors
Rep. Ann Wagner
Nov. 2, 2023
Baldwin, Colleagues Push Biden Administration to Correct Inflation Reduction Act Guidelines that Undercut U.S. Manufacturers
Sen. John Fetterman
Nov. 2, 2023
Budget Committee Launches Investigation into Climate Change-Fueled Insurance Crisis
Sen. Sheldon Whitehouse
Nov. 2, 2023
PALLONE OPENING REMARKS AT INNOVATION, DATA, AND COMMERCE SUBCOMMITTEE MARKUP OF 16 BILLS
Rep. Frank Pallone
Nov. 2, 2023
Biden Admin. Overregulation Creating Headaches For Small Businesses, Working Families
Sen. Mitch McConnell
Nov. 2, 2023
Senate Advances "Minibus" Spending Bills With Illinois Priorities Secured By Durbin, Duckworth
Sen. Dick Durbin
Nov. 2, 2023
Baldwin, Colleagues Push Biden Administration to Correct Inflation Reduction Act Guidelines that Undercut U.S. Manufacturers
Sen. Tammy Baldwin
Nov. 2, 2023
Baldwin, Colleagues Push Biden Administration to Correct Inflation Reduction Act Guidelines that Undercut U.S. Manufacturers
Sen. Tina Smith
Nov. 2, 2023
Davidson Delivers Remarks at Hearing to Examine the Factors Influencing the High Cost of Insurance for Consumers
Rep. Warren Davidson
Nov. 2, 2023
Senate Advances "Minibus" Spending Bills With Illinois Priorities Secured By Durbin, Duckworth
Sen. Dick Durbin
Nov. 2, 2023
Senate Advances "Minibus" Spending Bills With Illinois Priorities Secured By Durbin, Duckworth
Sen. Ladda Duckworth
Nov. 1, 2023
Senator Baldwin Votes to Support Veterans, Wisconsin Farmers and Rural Communities, and Affordable Housing
Sen. Tammy Baldwin
Nov. 1, 2023
Senate Passes Three FY24 Appropriations Bills
Sen. Susan Collins
Nov. 1, 2023
Stefanik, Allen, Steel, Letlow Re-Introduce Bill to Modernize the Workplace to Effectively Identify and Validate Workers' Skills
Rep. Elise Stefanik
Nov. 1, 2023
Warner and Kaine on Senate Passage of Legislation to Fund Critical Parts of Government
Sen. Mark Warner
Nov. 1, 2023
Warner and Kaine on Senate Passage of Legislation to Fund Critical Parts of Government
Sen. Mark Warner
Nov. 1, 2023
Senate Passes Bipartisan Funding Package in 82-15 Vote
Sen. Patty Murray
Nov. 1, 2023
CORTEZ MASTO PASSES GOVERNMENT FUNDING BILL TO SUPPORT TRIBES, VETERANS, AND HARDWORKING FAMILIES IN NEVADA
Sen. Catherine Cortez Masto
Nov. 1, 2023
Warner and Kaine on Senate Passage of Legislation to Fund Critical Parts of Government
Sen. Tim Kaine
Nov. 1, 2023
Senator Murray Secures Senate Passage of Three Bipartisan Appropriations Bills; Legislation Includes Hundreds of Millions for WA State Priorities and Local Projects
Sen. Patty Murray
Nov. 1, 2023
Klobuchar, Colleagues Call on FTC to Investigate Exxon-Pioneer & Chevron-Hess Proposed Mergers For Anticompetitive Harms
Sen. Amy Klobuchar
Oct. 31, 2023
Ranking Member Maxine Waters Applauds Biden Administration's "Retirement Security" Rule Proposal
Rep. Maxine Waters
Oct. 31, 2023
McHenry, Lummis Release Statement Following GAO Determination on Staff Accounting Bulletin 121
Sen. Cynthia Lummis
Oct. 31, 2023
Ranking Member Cassidy Rebukes DOL's Proposed Rule Putting Americans' Retirement Savings at Risk
Sen. Bill Cassidy
Oct. 31, 2023
Foxx, Cassidy Rake Acting Secretary Su Over the Coals on Botched Fiduciary Rulemaking
Rep. Virginia Foxx
Oct. 30, 2023
Durbin, Marshall Urge DOT, CFPB To Protect Consumers Against Unfair And Deceptive Practices In Airlines' Reward Programs
Sen. Roger Marshall
Oct. 30, 2023
Durbin, Marshall Urge DOT, CFPB To Protect Consumers Against Unfair And Deceptive Practices In Airlines' Reward Programs
Sen. Dick Durbin
Oct. 30, 2023
Durbin Urges The Senate To Pass The "Minibus" And Fund The Government For The Sake Of The American People
Sen. Dick Durbin
Oct. 30, 2023
Ranking Member Maxine Waters Urges Chair Gensler to Move Quickly to Finalize Climate-Risk Disclosure Rule
Rep. Maxine Waters
Oct. 30, 2023
NEWS: New GAO Report Finds Pandemic Assistance Helped Reduce Credit Card Debt for America's Working Class for First Time in Over a Decade
Sen. Sheldon Whitehouse
Oct. 30, 2023
NEWS: New GAO Report Finds Pandemic Assistance Helped Reduce Credit Card Debt for America's Working Class for First Time in Over a Decade
Sen. Bernie Sanders
Oct. 30, 2023
Chairman Whitehouse's remarks, as prepared for delivery: Ranking Member Grassley and members of the Committee, in ten hearings so far this year, we've laid out serious risks climate change poses to the federal budget, to American families and businesses, and to the economy at large. Today's hearing will examine yet another threat posed by climate change: disruption of global supply chains, causing economic disruptions, product shortages, and higher prices for businesses and consumers--climate inflation. Our global economy relies on a network of interdependent supply chains. Its end products may be a simple soybean, or may--like this cellphone--comprise thousands of parts sourced from around the globe. Think of the interconnected systems that enable the production and distribution of a cellphone: the raw mineral extraction, the manufacturing of thousands of individual components, the assembly of those components into a single device, and the distribution of those devices worldwide. Supply chains support almost $20 trillion each year in global trade and are foundational to our everyday lives. Yet almost no one thought about them until the COVID-19 pandemic laid bare the fragilities in our system. Almost overnight, we saw how shocks can disrupt supply chains, triggering cascading effects both upstream and down. Just as the pandemic wreaked havoc throughout our supply chains, climate change is poised to do the same--only much more frequently. In fact, it has already begun. Already, we are seeing climate disruptions in the procurement of raw materials. At our hearing on climate change and the agricultural sector, there was bipartisan agreement that extreme weather is damaging crop yields and increasing food prices. Last year, Hurricane Ian devastated Florida's orange trees, driving up the cost of orange juice. Climate-fueled droughts and heatwaves made growing chicken feed more expensive, which contributed to higher egg prices. Drought and wildfires in Spain have cut olive oil production in half and catapulted prices to record highs. Hotter and drier climates are stunting cacao harvests and making cocoa--an essential ingredient in chocolate--more expensive than it has been in decades. The added costs of climate change now have a seat at kitchen tables around the world. Climate upheaval is also affecting supply of the critical minerals used in electronics. Extreme weather events threaten mining infrastructure, and it's estimated that 30 to 50 percent of the world's copper, gold, iron ore, and zinc are produced in areas that are now facing water shortages. Raw material scarcity, decreases in material quality, and higher raw material prices--all translate into harder-to-source components and higher prices for consumers. We're seeing similar climate-caused disruptions in manufacturing. In China last August, a record-breaking drought reduced hydropower production so much that factories lost power, crippling production of automobiles and electronics. In Puerto Rico in 2017, Hurricane Maria damaged or destroyed dozens of medical device factories. Outright destruction of manufacturing facilities is an immediate consequence of extreme weather, but heat stress or lack of water can also pause production. Most manufacturing facilities weren't built to endure the climate extremes and climate shifts we see today, and once-in-a-blue-moon disasters are now chronic. Transportation is experiencing similar climate-triggered disruptions. The Panama Canal is an essential link in our global supply chains. In 2022, more than 14,000 ships--$270 billion in cargo--passed through. But this year brought the worst drought in a century, and in August, water levels were too low for ships to pass. As a result, August wait times were four times what they were in June, with boats waiting as long as 21 days to pass. Things are still not back to normal. The drought persists, and daily transit limits are expected through the end of the year. The Mississippi River, which transports 60 percent of U.S. grain exports, is experiencing similar problems. For the last two years, extreme heat and drought have brought water levels dangerously low, limiting barge shipments and causing shipping costs to soar. Today, the cargo rate from St. Louis southward is almost 80 percent higher than the three-year average. CDP, one of the premier organizations quantifying the effects of climate change, has analyzed data from over 8,000 suppliers. They estimate that environmental risks in supply chains will cost companies $120 billion by 2026--costs companies will pass on to consumers in higher prices. As sea levels and temperatures rise and extreme weather becomes more frequent and more intense, the effects of climate change on supply chains will only get worse. Recently, the White House Council of Economic Advisors warned that climate change will make supply chain disruptions more common; that "as networks become more connected, and climate change worsens, the frequency and size of supply-chain-related disasters" will grow. More bottlenecks and backlogs. More delivery delays and empty shelves. Higher prices. Climate-driven disruption causing climate-driven inflation. Some of the economic threats we've warned of are crashes, that can hit suddenly and systemically--across the whole economy. Supply chain disruptions are more likely to cause local shocks, but nationally will erode buying power as prices rise. If you care about inflation, you'd better care about climate disruption.
Sen. Sheldon Whitehouse
Date
Title
Politician
Nov. 9, 2023
Thune Slams Biden's Big-Government Labor Policies
Sen.John Thune
Nov. 9, 2023
MANCHIN, ROMNEY INTRODUCE BIPARTISAN FISCAL STABILITY ACT
Rep.Bill Huizenga
Nov. 9, 2023
MANCHIN, ROMNEY INTRODUCE BIPARTISAN FISCAL STABILITY ACT
Sen.Todd Young
Nov. 9, 2023
MANCHIN, ROMNEY INTRODUCE BIPARTISAN FISCAL STABILITY ACT
Sen.John Hickenlooper
Nov. 8, 2023
VIDEO: Capito: State Flexibility, Expanded Workforce Critical for Clean Water Infrastructure Buildout
Sen.Shelley Capito
Nov. 8, 2023
Durbin, Gooden Request Accounting For Exorbiant Swipe Fees Being Paid By Federal Government
Sen.Dick Durbin
Nov. 8, 2023
At A Senate Appropriations Hearing, Durbin Questions Secretary Mayorkas About Meaningful Immigration Reform
Sen.Dick Durbin
Nov. 8, 2023
MAYORKAS GRILLED ON BORDER AS FUNDING DEBATE HEATS UP
Sen.Shelley Capito
Nov. 7, 2023
Barr Delivers Opening Remarks at Hearing to Examine How the Biden Administration is Ceding Authority Over American Financial Regulation
Rep.Andy Barr
Nov. 7, 2023
Chairman Bost Leads Full Committee Hearing on Impact of American Businesses on Veteran Employment
Rep.Mike Bost
Nov. 7, 2023
RANKING MEMBER TAKANO OPENING STATEMENT AT VETERANS' EMPLOYMENT HEARING
Rep.Mark Takano
Nov. 6, 2023
Senator Murray's Resolution Marking Day of Remembrance for Nuclear Weapons Workers Passes Senate Unanimously
Sen.Patty Murray
Nov. 6, 2023
Statements From The Third Bipartisan Senate Forum On Artificial Intelligence - CLOSING
Sen.Chuck Schumer
Nov. 3, 2023
Palmer Amendment Bans Weaponization of the EPA
Rep.Gary Palmer
Nov. 3, 2023
LEADER JEFFRIES STATEMENT ON THE OCTOBER JOBS REPORT
Rep.Hakeem Jeffries
Nov. 3, 2023
Klobuchar, Collins Call on FTC, FCC to Address Rise in AI Voice Cloning Scams
Sen.Susan Collins
Nov. 3, 2023
Klobuchar, Collins Call on FTC, FCC to Address Rise in AI Voice Cloning Scams
Sen.Amy Klobuchar
Nov. 2, 2023
Wagner Delivers Opening Remarks at Hearing to Examine the Consequences of the SEC's Agenda for U.S. Capital Markets and Investors
Rep.Ann Wagner
Nov. 2, 2023
Wagner Delivers Opening Remarks at Hearing to Examine the Consequences of the SEC's Agenda for U.S. Capital Markets and Investors
Rep.Ann Wagner
Nov. 2, 2023
Baldwin, Colleagues Push Biden Administration to Correct Inflation Reduction Act Guidelines that Undercut U.S. Manufacturers
Sen.John Fetterman
Nov. 2, 2023
Budget Committee Launches Investigation into Climate Change-Fueled Insurance Crisis
Sen.Sheldon Whitehouse
Nov. 2, 2023
PALLONE OPENING REMARKS AT INNOVATION, DATA, AND COMMERCE SUBCOMMITTEE MARKUP OF 16 BILLS
Rep.Frank Pallone
Nov. 2, 2023
Biden Admin. Overregulation Creating Headaches For Small Businesses, Working Families
Sen.Mitch McConnell
Nov. 2, 2023
Senate Advances "Minibus" Spending Bills With Illinois Priorities Secured By Durbin, Duckworth
Sen.Dick Durbin
Nov. 2, 2023
Baldwin, Colleagues Push Biden Administration to Correct Inflation Reduction Act Guidelines that Undercut U.S. Manufacturers
Sen.Tammy Baldwin
Nov. 2, 2023
Baldwin, Colleagues Push Biden Administration to Correct Inflation Reduction Act Guidelines that Undercut U.S. Manufacturers
Sen.Tina Smith
Nov. 2, 2023
Davidson Delivers Remarks at Hearing to Examine the Factors Influencing the High Cost of Insurance for Consumers
Rep.Warren Davidson
Nov. 2, 2023
Senate Advances "Minibus" Spending Bills With Illinois Priorities Secured By Durbin, Duckworth
Sen.Dick Durbin
Nov. 2, 2023
Senate Advances "Minibus" Spending Bills With Illinois Priorities Secured By Durbin, Duckworth
Sen.Ladda Duckworth
Nov. 1, 2023
Senator Baldwin Votes to Support Veterans, Wisconsin Farmers and Rural Communities, and Affordable Housing
Sen.Tammy Baldwin
Nov. 1, 2023
Senate Passes Three FY24 Appropriations Bills
Sen.Susan Collins
Nov. 1, 2023
Stefanik, Allen, Steel, Letlow Re-Introduce Bill to Modernize the Workplace to Effectively Identify and Validate Workers' Skills
Rep.Elise Stefanik
Nov. 1, 2023
Warner and Kaine on Senate Passage of Legislation to Fund Critical Parts of Government
Sen.Mark Warner
Nov. 1, 2023
Warner and Kaine on Senate Passage of Legislation to Fund Critical Parts of Government
Sen.Mark Warner
Nov. 1, 2023
Senate Passes Bipartisan Funding Package in 82-15 Vote
Sen.Patty Murray
Nov. 1, 2023
CORTEZ MASTO PASSES GOVERNMENT FUNDING BILL TO SUPPORT TRIBES, VETERANS, AND HARDWORKING FAMILIES IN NEVADA
Sen.Catherine Cortez Masto
Nov. 1, 2023
Warner and Kaine on Senate Passage of Legislation to Fund Critical Parts of Government
Sen.Tim Kaine
Nov. 1, 2023
Senator Murray Secures Senate Passage of Three Bipartisan Appropriations Bills; Legislation Includes Hundreds of Millions for WA State Priorities and Local Projects
Sen.Patty Murray
Nov. 1, 2023
Klobuchar, Colleagues Call on FTC to Investigate Exxon-Pioneer & Chevron-Hess Proposed Mergers For Anticompetitive Harms
Sen.Amy Klobuchar
Oct. 31, 2023
Ranking Member Maxine Waters Applauds Biden Administration's "Retirement Security" Rule Proposal
Rep.Maxine Waters
Oct. 31, 2023
McHenry, Lummis Release Statement Following GAO Determination on Staff Accounting Bulletin 121
Sen.Cynthia Lummis
Oct. 31, 2023
Ranking Member Cassidy Rebukes DOL's Proposed Rule Putting Americans' Retirement Savings at Risk
Sen.Bill Cassidy
Oct. 31, 2023
Foxx, Cassidy Rake Acting Secretary Su Over the Coals on Botched Fiduciary Rulemaking
Rep.Virginia Foxx
Oct. 30, 2023
Durbin, Marshall Urge DOT, CFPB To Protect Consumers Against Unfair And Deceptive Practices In Airlines' Reward Programs
Sen.Roger Marshall
Oct. 30, 2023
Durbin, Marshall Urge DOT, CFPB To Protect Consumers Against Unfair And Deceptive Practices In Airlines' Reward Programs
Sen.Dick Durbin
Oct. 30, 2023
Durbin Urges The Senate To Pass The "Minibus" And Fund The Government For The Sake Of The American People
Sen.Dick Durbin
Oct. 30, 2023
Ranking Member Maxine Waters Urges Chair Gensler to Move Quickly to Finalize Climate-Risk Disclosure Rule
Rep.Maxine Waters
Oct. 30, 2023
NEWS: New GAO Report Finds Pandemic Assistance Helped Reduce Credit Card Debt for America's Working Class for First Time in Over a Decade
Sen.Sheldon Whitehouse
Oct. 30, 2023
NEWS: New GAO Report Finds Pandemic Assistance Helped Reduce Credit Card Debt for America's Working Class for First Time in Over a Decade
Sen.Bernie Sanders
Oct. 30, 2023
Chairman Whitehouse's remarks, as prepared for delivery: Ranking Member Grassley and members of the Committee, in ten hearings so far this year, we've laid out serious risks climate change poses to the federal budget, to American families and businesses, and to the economy at large. Today's hearing will examine yet another threat posed by climate change: disruption of global supply chains, causing economic disruptions, product shortages, and higher prices for businesses and consumers--climate inflation. Our global economy relies on a network of interdependent supply chains. Its end products may be a simple soybean, or may--like this cellphone--comprise thousands of parts sourced from around the globe. Think of the interconnected systems that enable the production and distribution of a cellphone: the raw mineral extraction, the manufacturing of thousands of individual components, the assembly of those components into a single device, and the distribution of those devices worldwide. Supply chains support almost $20 trillion each year in global trade and are foundational to our everyday lives. Yet almost no one thought about them until the COVID-19 pandemic laid bare the fragilities in our system. Almost overnight, we saw how shocks can disrupt supply chains, triggering cascading effects both upstream and down. Just as the pandemic wreaked havoc throughout our supply chains, climate change is poised to do the same--only much more frequently. In fact, it has already begun. Already, we are seeing climate disruptions in the procurement of raw materials. At our hearing on climate change and the agricultural sector, there was bipartisan agreement that extreme weather is damaging crop yields and increasing food prices. Last year, Hurricane Ian devastated Florida's orange trees, driving up the cost of orange juice. Climate-fueled droughts and heatwaves made growing chicken feed more expensive, which contributed to higher egg prices. Drought and wildfires in Spain have cut olive oil production in half and catapulted prices to record highs. Hotter and drier climates are stunting cacao harvests and making cocoa--an essential ingredient in chocolate--more expensive than it has been in decades. The added costs of climate change now have a seat at kitchen tables around the world. Climate upheaval is also affecting supply of the critical minerals used in electronics. Extreme weather events threaten mining infrastructure, and it's estimated that 30 to 50 percent of the world's copper, gold, iron ore, and zinc are produced in areas that are now facing water shortages. Raw material scarcity, decreases in material quality, and higher raw material prices--all translate into harder-to-source components and higher prices for consumers. We're seeing similar climate-caused disruptions in manufacturing. In China last August, a record-breaking drought reduced hydropower production so much that factories lost power, crippling production of automobiles and electronics. In Puerto Rico in 2017, Hurricane Maria damaged or destroyed dozens of medical device factories. Outright destruction of manufacturing facilities is an immediate consequence of extreme weather, but heat stress or lack of water can also pause production. Most manufacturing facilities weren't built to endure the climate extremes and climate shifts we see today, and once-in-a-blue-moon disasters are now chronic. Transportation is experiencing similar climate-triggered disruptions. The Panama Canal is an essential link in our global supply chains. In 2022, more than 14,000 ships--$270 billion in cargo--passed through. But this year brought the worst drought in a century, and in August, water levels were too low for ships to pass. As a result, August wait times were four times what they were in June, with boats waiting as long as 21 days to pass. Things are still not back to normal. The drought persists, and daily transit limits are expected through the end of the year. The Mississippi River, which transports 60 percent of U.S. grain exports, is experiencing similar problems. For the last two years, extreme heat and drought have brought water levels dangerously low, limiting barge shipments and causing shipping costs to soar. Today, the cargo rate from St. Louis southward is almost 80 percent higher than the three-year average. CDP, one of the premier organizations quantifying the effects of climate change, has analyzed data from over 8,000 suppliers. They estimate that environmental risks in supply chains will cost companies $120 billion by 2026--costs companies will pass on to consumers in higher prices. As sea levels and temperatures rise and extreme weather becomes more frequent and more intense, the effects of climate change on supply chains will only get worse. Recently, the White House Council of Economic Advisors warned that climate change will make supply chain disruptions more common; that "as networks become more connected, and climate change worsens, the frequency and size of supply-chain-related disasters" will grow. More bottlenecks and backlogs. More delivery delays and empty shelves. Higher prices. Climate-driven disruption causing climate-driven inflation. Some of the economic threats we've warned of are crashes, that can hit suddenly and systemically--across the whole economy. Supply chain disruptions are more likely to cause local shocks, but nationally will erode buying power as prices rise. If you care about inflation, you'd better care about climate disruption.
Sen.Sheldon Whitehouse
Page 7 of 316
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