Averting a Catastrophic Railroad Strike |
This
week, the American economy held its breath as we waited to hear the outcome of months of negotiations between major American railroad companies and
labor unions. I have been following this issue closely for several
months now, sounding the alarm to my colleagues in Congress and working on potential solutions to both the foreseen and unforeseen consequences of a
potential strike, which would have been dire. We rely on railroads to ship:
- Nearly 100% of Wyoming coal and trona
- 75% of automobiles for purchase
- 98% of all apparel, footwear, and travel goods that come through our ports
- More than 50% of all fertilizer
- Nearly all commodities,
including grain needed for cattle
- Chemicals needed for municipal water treatment
A strike would have been
devastating. Wyoming’s economy would have ground to a halt. The supply chain impacts would have rivaled the disruptions we experienced early on
in the pandemic. It is estimated that a railroad strike would have cost the American economy nearly $2 billion per day.
Luckily, negotiators came to a tentative agreement early Thursday morning. At a time when people across
Wyoming are still suffering due to inflation and high prices, this economic disruption would have been devastating. I am glad both sides came to an
agreement and the trains will continue to run on time. Happy
Trails, |
Legislative Actions:
- I cosponsored the Simplifying Timelines and Assure Regulatory Transparency (START) Act to
simplify and expedite the permitting process for energy and infrastructure projects
- Numerous energy and power projects are undergoing permit reviews throughout Wyoming, and the average permit takes 4.8 years to complete. This
bill will cut red tape, create good, high-paying jobs in Wyoming, and help relieve high gas price.
- I introduced the ORBITS Act with Senators John Hickenlooper (D-CO), Maria Cantwell (D-WA) and Roger Wicker (R-MS) to create a program to help spark
private sector innovation in the removal of orbital debris from space.
- Space junk poses
a major risk to satellites that people around Wyoming rely on for basic communication. The ORBITS Act kickstarts the process of removing
debris from the orbit, which protects these satellites.
- I cosigned a letter to USDA Secretary Tom Vilsack encouraging him to reject any efforts to alter the current structure of domestic US sugar
policy.
- Sugar beets are a large and vital part of Wyoming’s agriculture sector.
Any effort to alter current domestic sugar policy, which has worked well for decades, would threaten the economic viability of the domestic sugar beet
and sugar cane industry, and put Wyoming sugar beet producers at risk.
Committee
Hearings:
Committee on Environment and Public
Works - I
participated in a hearing on the nomination of Shailen P. Bhatt to be Administrator of the Federal Highway Administration of the Department of
Transportation. To watch my remarks, click here.
- I questioned Mr. Bhatt on a variety of transportation issues that impact Wyoming such as the implementation of electric
vehicles in high-altitude areas and semi-truck parking on interstate highways.
Committee on Housing, Banking, and Urban Affairs
- I joined an oversight hearing of
the U.S. Securities and Exchange Commission (SEC) with Chairman Gary Gensler to discuss my Responsible Financial
Innovation Act. To watch the hearing, click here.
- I discussed how the SEC plans on defining
disclosures and charges when it comes to cryptocurrencies.
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I have been hearing your frustrations about President Biden’s student
loan forgiveness plan. Instead of fixing the systemic issues with our higher education funding model, President Biden has instead chosen to bail out a
select group of students and college graduates. No one can simply “cancel” student loan debt – someone has to pay for it. What the
Biden Administration is doing is not only unfair to those who have not attended college or received an education without taking out any loans, but it
will inevitably raise inflation, which is at a 40-year high. I joined Senator John Barrasso in introducing the Debt Cancellation Accountability
Act that prevents loan forgiveness without the explicit appropriation of fund by Congress. Actions like
this serve as a wake-up call to the Biden Administration. Unfunded mandates like this are unfair to middle class families who face the brunt of
taxation. I will continue to do all that I can to make sure that spending like this is stifled moving forward.
Media: I spoke with Valeria Fugate on KGWN about the profound effects that the railroad strike would have had on Wyoming's economy.
News Around Wyoming:
Senate Passes Bipartisan Legislation Led by Senator Lummis to Reduce
the Spread of Toxic Substances at Commercial Airports Sheridan Media
The bipartisan The bipartisan Preventing PFAS Runoff at Airports Act authored in part by U.S. Senators
Cynthia Lummis (R-WY), Gary Peters (D-MI), Jerry Moran (R-KS), Tammy Duckworth (D-IL), Shelley Moore Capito (R-WV), and Amy Klobuchar (D-MN) was
unanimously passed in the Senate. The Preventing
PFAS Runoff at Airports Act would allow commercial airports to leverage additional existing Federal Aviation Administration (FAA) funding to purchase
devices necessary to test their firefighting equipment without discharging toxic polyfluoroalkyl substances, known as PFAS chemicals. This legislation
would incentivize commercial airports to purchase the relatively low-cost devices – also referred to as an input-based testing system – to
help limit and prevent exposure to PFAS, which are known as “forever chemicals” because they do not naturally break down.
Barrasso and Lummis Announce Support for Republican
Permitting Reform Bill K2 Radio
Announced in a press release, both of Wyoming's Senators, John Barrasso and Cynthia Lummis, joined other Republicans in the Senate in introducing
legislation the Simplify Timelines and Assure Regulatory Transparency Act.
The START Act includes changes to the federal regulatory permitting process that aim to make it easier to
approve energy projects, while also codifying several rules that former President Donald Trump temporarily put in place.
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WYOMING SHOUT OUT |
Steve Davis of Rock Springs, Wyoming took home first place at the 5th annual Wyoming
Singer-Songwriters competition during Labor Day weekend. He won a $5,000 prize and now plans on hitting the studio to start recording an album.
Wyoming is full of creative folks, and it’s wonderful to see their talent shine. Please join me in congratulating Steve on this incredible
achievement. I look forward to seeing where his talents take him! |
Cody
1285 Sheridan Avenue, Suite 215
Cody, WY 82414 Phone: 307-527-9444
Cheyenne Federal Center 2120 Capitol Avenue, Suite 2007
Cheyenne, WY 82001 Phone: 307-772-2477 Casper
Dick Cheney Federal Bldg.
100 East B Street, Suite 3201 PO Box 33201
Casper, WY 82601 Phone: 307-261-6572
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Sheridan
P.O. Box 6677 Sheridan, WY
82801 Phone: 307-439-7783
Star Valley 80 1st Street Suite 105
P.O. Box 1630 Afton, WY 83110 Phone:
307-248-1736 Washington,
DC Russell Senate
Office Building Room SR 124 Washington, DC
20510 Phone: 202-224-3424 |
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