Freedman
Choppers For Karate Nggas
Bernie Sanders I don't know how much of his actual policies would get passed with this current congress but he atleast would be trying to come up with innovative ways to solve problems and actually fight for shyt
Update: Let's Talk about what the Democrats are doing
- Thread starter Tair
- Start date
TELL ME YA CHEESIN FAM?
I walk around a little edgy already
i see why HL heads told him to post this shyt here
Time for an update... 
Renewable power is the No. 2 source of electricity in the U.S. — and climbing
Biden entered the White House putting climate change and job creation from the expansion of a clean energy economy at the top of his agenda — an about-face from energy policy during the Trump administration. At the time, renewable energy sources were already on the rise and the industry was optimistic about its future, especially buoyed by promises from the new president to invest trillions of dollars into clean energy development and research, and the global trend toward cleaner forms of power.
The move: Across the Biden administration, agencies and officials have made the transition to green energy a central tenet, reinvigorating programs left dormant under Trump and accelerating approval of renewable energy projects, like offshore wind. And Democratic lawmakers passed landmark legislation — the Inflation Reduction Act — to reduce greenhouse gases that are driving climate change and provide support for green power sources. That legislation included billions for new programs and lucrative tax incentives to boost technologies, like solar and wind, as well as next-generation sources like green hydrogen.
The impact: Renewable energy growth has ramped up across the United States. Electricity generation from renewable energy sources — including wind, solar and hydropower — surpassed coal-fired generation in the electric power sector for the first time in 2022, making it the second-biggest source behind natural gas generation. Renewables also passed nuclear power generation for the first time in 2021 and widened that gap the next year. The IRA also spurring a wave of private sector investment in U.S. clean energy manufacturing facilities for solar, wind and electric vehicle parts, the majority of which will be located in Republican congressional districts represented by lawmakers who voted against the bill.
The upshot: The Biden administration is continuing to roll out policies and programs focused on the energy transition, including detailing provisions under the Inflation Reduction Act that will help clarify the law so that new investments in the U.S. can move forward.
Preventing discriminatory mortgage lending
In 1977, Congress passed a law to combat a practice known as redlining, where for decades the government had discouraged lenders from extending mortgage loans to borrowers in Black neighborhoods. The law requires banks to lend to creditworthy lower-income people in the same neighborhoods where they have branches that take deposits. But the growth of the internet and mobile banking have made those rules increasingly obsolete. Banks, in effect, had a major presence in many neighborhoods where they had no branches.
The move: The Federal Reserve and its fellow independent bank regulators drafted a new anti-redlining framework, which will go into effect starting in January 2026. It requires banks to lend to lower-income communities in areas where they have a concentration of mortgage and small-business loans, rather than just where they have physical branches.
The impact: While the update hasn’t taken effect yet, the hope is that it will quickly begin to direct more dollars into areas where banks haven’t previously faced obligations to lend more equitably.
The upshot: Financial agencies are still trying to figure out the best way to ensure access to credit within poorer communities nearly 50 years after the Community Reinvestment Act was passed. Indeed, the racial homeownership gap is actually wider now than it was in 1968, when redlining was still legal.
The move: The administration and a bipartisan group of lawmakers coalesced around legislation that became known as the CHIPS and Science Act, which offered more than $50 billion to subsidize the construction of new microchip facilities in the U.S. and boost research and development across a series of national research facilities. After two years of debate, lawmakers passed it in July 2022 with solid bipartisan majorities. It was a remarkable endorsement of industrial policy — government support for selected industries — that U.S. lawmakers had largely shunned for decades.
The impact: The expectation of new subsidies has led major chipmakers to announce plans for new semiconductor plants in the U.S. — like an Intel campus near Columbus, Ohio, and a facility from Taiwanese chipmaker TSMC in Arizona. More than a dozen new tech research hubs are also planned based on the CHIPS Act’s funding. And the administration recently announced its first actual CHIPS Act grant — $35 million to defense contractor BAE to expand a facility that supplies Air Force fighter jets.
The upshot: The CHIPS Act was a landmark move for Biden’s new industrial policies that sought to decrease U.S. reliance on China and boost manufacturing at home. Its passage showed that lawmakers in both parties are now willing to spend huge sums to ensure the manufacturing of essential goods like microchips happens in the U.S. — and certainly not in China. The administration is set to continue rolling out CHIPS Act grants in 2024 in an attempt to gain electoral advantage from the subsidy package. But it remains to be seen if the effects of the law — like new jobs from plants coming online — will come quickly enough to be felt by voters in swing states.
www.politico.com
Renewable power is the No. 2 source of electricity in the U.S. — and climbing
Biden entered the White House putting climate change and job creation from the expansion of a clean energy economy at the top of his agenda — an about-face from energy policy during the Trump administration. At the time, renewable energy sources were already on the rise and the industry was optimistic about its future, especially buoyed by promises from the new president to invest trillions of dollars into clean energy development and research, and the global trend toward cleaner forms of power.
The move: Across the Biden administration, agencies and officials have made the transition to green energy a central tenet, reinvigorating programs left dormant under Trump and accelerating approval of renewable energy projects, like offshore wind. And Democratic lawmakers passed landmark legislation — the Inflation Reduction Act — to reduce greenhouse gases that are driving climate change and provide support for green power sources. That legislation included billions for new programs and lucrative tax incentives to boost technologies, like solar and wind, as well as next-generation sources like green hydrogen.
The impact: Renewable energy growth has ramped up across the United States. Electricity generation from renewable energy sources — including wind, solar and hydropower — surpassed coal-fired generation in the electric power sector for the first time in 2022, making it the second-biggest source behind natural gas generation. Renewables also passed nuclear power generation for the first time in 2021 and widened that gap the next year. The IRA also spurring a wave of private sector investment in U.S. clean energy manufacturing facilities for solar, wind and electric vehicle parts, the majority of which will be located in Republican congressional districts represented by lawmakers who voted against the bill.
The upshot: The Biden administration is continuing to roll out policies and programs focused on the energy transition, including detailing provisions under the Inflation Reduction Act that will help clarify the law so that new investments in the U.S. can move forward.
Preventing discriminatory mortgage lending
In 1977, Congress passed a law to combat a practice known as redlining, where for decades the government had discouraged lenders from extending mortgage loans to borrowers in Black neighborhoods. The law requires banks to lend to creditworthy lower-income people in the same neighborhoods where they have branches that take deposits. But the growth of the internet and mobile banking have made those rules increasingly obsolete. Banks, in effect, had a major presence in many neighborhoods where they had no branches.
The move: The Federal Reserve and its fellow independent bank regulators drafted a new anti-redlining framework, which will go into effect starting in January 2026. It requires banks to lend to lower-income communities in areas where they have a concentration of mortgage and small-business loans, rather than just where they have physical branches.
The impact: While the update hasn’t taken effect yet, the hope is that it will quickly begin to direct more dollars into areas where banks haven’t previously faced obligations to lend more equitably.
The upshot: Financial agencies are still trying to figure out the best way to ensure access to credit within poorer communities nearly 50 years after the Community Reinvestment Act was passed. Indeed, the racial homeownership gap is actually wider now than it was in 1968, when redlining was still legal.
Biden moves to bring microchip production home
The Covid pandemic sharpened bipartisan fears in Washington about U.S. reliance on microchips produced overseas — primarily in China or Taiwan. As factories shut down in Asia and supply chains snarled, U.S. automakers and other manufacturers were unable to get the chips they needed, idling their plants and spiking prices for cars and other goods. That led the Biden administration and lawmakers from both parties to consider policies to bring production of the most advanced microchips back to the U.S.The move: The administration and a bipartisan group of lawmakers coalesced around legislation that became known as the CHIPS and Science Act, which offered more than $50 billion to subsidize the construction of new microchip facilities in the U.S. and boost research and development across a series of national research facilities. After two years of debate, lawmakers passed it in July 2022 with solid bipartisan majorities. It was a remarkable endorsement of industrial policy — government support for selected industries — that U.S. lawmakers had largely shunned for decades.
The impact: The expectation of new subsidies has led major chipmakers to announce plans for new semiconductor plants in the U.S. — like an Intel campus near Columbus, Ohio, and a facility from Taiwanese chipmaker TSMC in Arizona. More than a dozen new tech research hubs are also planned based on the CHIPS Act’s funding. And the administration recently announced its first actual CHIPS Act grant — $35 million to defense contractor BAE to expand a facility that supplies Air Force fighter jets.
The upshot: The CHIPS Act was a landmark move for Biden’s new industrial policies that sought to decrease U.S. reliance on China and boost manufacturing at home. Its passage showed that lawmakers in both parties are now willing to spend huge sums to ensure the manufacturing of essential goods like microchips happens in the U.S. — and certainly not in China. The administration is set to continue rolling out CHIPS Act grants in 2024 in an attempt to gain electoral advantage from the subsidy package. But it remains to be seen if the effects of the law — like new jobs from plants coming online — will come quickly enough to be felt by voters in swing states.
Biden empowers federal agencies to monitor AI
Artificial intelligence has gone mainstream. As U.S. tech companies have raced to release shockingly powerful large language models, public reaction ran the gamut from rapture to horror. Policymakers from Washington to Beijing realized quickly that generative AI — and successive AI breakthroughs — would crown new market leaders, hand more decisions to machines, put cyberattacks on steroids and fundamentally alter people’s trust in what they see, read or hear. Biden has taken a keen interest in understanding the inner workings of large language models and how the U.S. could turn AI into a lasting economic advantage.
30 Things Joe Biden Did as President You Might Have Missed
Drone armies, expanded overtime pay and over-the-counter birth control pills are just some of the new things Biden has ushered in as president that you might not have heard about.
www.politico.com
