{"id":525193,"date":"2022-12-11T21:17:19","date_gmt":"2022-12-11T18:17:19","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/gop-to-launch-investigations-into-big-business\/"},"modified":"2022-12-11T21:17:19","modified_gmt":"2022-12-11T18:17:19","slug":"gop-to-launch-investigations-into-big-business","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/gop-to-launch-investigations-into-big-business\/","title":{"rendered":"#GOP to launch investigations into big business"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a25339fb29cd\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a25339fb29cd\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/gop-to-launch-investigations-into-big-business\/#%E2%80%9CGOP_to_launch_investigations_into_big_business%E2%80%9D\" >&#8220;GOP to launch investigations into big business&#8221;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CGOP_to_launch_investigations_into_big_business%E2%80%9D\"><\/span>&#8220;GOP to launch investigations into big business&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>\n<aside class=\"single__inline-module alignleft\">\n        <\/aside>\n<p>The party will be over for big businesses that push \u201cwoke\u201d agendas once the Grand Old Party takes over the House next month, insiders told The Post.<\/p>\n<p>Long viewed as the party of big business, fed-up Republicans will now lead committees and have subpoena power as they seek to punish investment firms that prioritize the environment over fossil fuels, as well as trying to rein in China\u2019s outsized influence on the US economy, according to several sources interviewed by The Post.\u00a0<\/p>\n<p>\u201cThere is frustration with specific issues like woke capitalism but it\u2019s also the case that the GOP sees Wall Street interests and big business interests <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"General\" target=\"_blank\" rel=\"noopener\">general<\/a>ly aligned against Main Street . . . and the GOP wants to identify itself with the small business community,\u201d James Lucier, managing director of Washington-based policy research firm Capital Alpha, told The Post.<\/p>\n<p>Republicans, who gained a majority in the House for the first time since 2016, are also expected to look at the impact of free trade and outsourcing jobs on local communities, China\u2019s monopoly on many rare earth minerals, and the Chinese companies that are listed on U.S. stock exchanges, according to insiders.<\/p>\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/11\/mccarthy-vs-omar-5.jpg?w=1024\" alt=\"Representatives Kevin McCarthy and Ilhan Omar\" class=\"wp-image-24724226\" width=\"618\" height=\"411\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/11\/mccarthy-vs-omar-5.jpg?quality=75&amp;strip=all&amp;w=1233 1236w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/11\/mccarthy-vs-omar-5.jpg?quality=75&amp;strip=all&amp;w=925 927w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/11\/mccarthy-vs-omar-5.jpg?quality=75&amp;strip=all&amp;w=618 618w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/11\/mccarthy-vs-omar-5.jpg?quality=75&amp;strip=all&amp;w=308 309w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/11\/mccarthy-vs-omar-5.jpg?quality=75&amp;strip=all 1024w\" sizes=\"auto, (max-width: 618px) 100vw, 618px\"\/><figcaption>Congressman Kevin McCarthy \u2014 who is expected to be the next Speaker of the House \u2014  said \u201cinvestigations are just getting started.\u201d<\/figcaption><figcaption><span class=\"credit\">REUTERS<\/span><\/figcaption><\/figure>\n<p>But the main flashpoint is expected to be over ESG. Republicans are furious over the hypocrisy of massive investment firms like BlackRock doing business with Chinese companies that flout environmental concerns even as they push for US companies to embrace net-zero carb emissions \u2013 at the expense of shareholders.<\/p>\n<p>Republican-controlled states have already laid down the blueprint for targeting firms that tout ESG. Earlier the month, Florida Gov. Ron DeSantis pulled $2 billion in state pension funds from BlackRock. That was followed by an activist investor calling for BlackRock CEO Larry Fink to step down.\u00a0<\/p>\n<p>DeSantis\u2019s landslide reelection as governor was also bolstered after he went toe-to-toe with Disney over Florida\u2019s so-called \u201cDon\u2019t-Say-Gay Law.\u201d Disney\u2019s criticism of the law led DeSantis to s<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/trip-and-travel\/\" data-internallinksmanager029f6b8e52c=\"10\" title=\"Trip &amp; Travel\" target=\"_blank\" rel=\"noopener\">trip<\/a> the company of its special tax privileges in the state.\u00a0<\/p>\n<p>In his victory speech last month, DeSantis \u2013 the presumptive GOP frontrunner to win back the White House in 2024, despite Donald Trump\u2019s plans to run again \u2013\u00a0 exclaimed, \u201cWe fight the woke in the corporations.\u201d<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"683\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/10\/AP22296236444920.jpg?w=1024\" alt=\"xi jingping\" class=\"wp-image-24369790\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/10\/AP22296236444920.jpg?quality=75&amp;strip=all&amp;w=2048 2048w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/10\/AP22296236444920.jpg?quality=75&amp;strip=all&amp;w=1536 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/10\/AP22296236444920.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/10\/AP22296236444920.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Corporation\u2019s ties to China will be under scrutiny.<\/figcaption><figcaption><span class=\"credit\">AP<\/span><\/figcaption><\/figure>\n<p>Republicans have become increasingly frustrated with corporations that take stances antithetical to conservative values. Wall Street firms have tried to limit firearm sales and some companies have boycotted states with conservative policies on abortion after Roe v. Wade was overturned.<\/p>\n<p>GOP insiders say the investigations into woke firms will help the party make inroads with small businesses ahead of the next presidential election.<\/p>\n<p>\u201cThe GOP has the opportunity to become the party of the little guy again,\u201d Alfredo Ortiz, President and CEO of Job Creators Network, told The Post. \u201cBusiness has been associated with the GOP for a long time but this is an effort to make a clear separation between big and small business.\u201d\u00a0<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/12\/gop-business-change-03.jpg?w=1024\" alt=\"Low angle view of skyscrapers in Manhattan Financial District, New York City, USA\" class=\"wp-image-24974961\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/12\/gop-business-change-03.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/12\/gop-business-change-03.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/12\/gop-business-change-03.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Fed-up Republicans will now lead committees and have subpoena power as they seek to punish investment firms that prioritize the environment over fossil fuels.<\/figcaption><figcaption><span class=\"credit\">Getty Images<\/span><\/figcaption><\/figure>\n<p>The new Republican majority has a laundry list of other investigations on its to-do list. After being outvoted in two impeachments of President Trump, Republicans are expected to focus on Hunter Biden\u2019s business dealings abroad \u2014 and whether they may have compromised Joe Biden.\u00a0<\/p>\n<p>The GOP is also expected to look into Biden\u2019s tumultuous withdrawal from Afghanistan, the Administration\u2019s handling of immigrants pouring in from the Southern border and the origins of Covid-19.<\/p>\n<p>\u201cIn just 47 days, House Republicans will have the gavel, and we will be prepared to hold the Biden administration accountable from day one,\u201d House Minority Leader Kevin McCarthy tweeted the week after Republicans officially won the House. \u201cOur investigations are just getting started.\u201d<\/p>\n<p>McCarthy is expected to be elected Speaker, despite facing some opposition from his ranks, when the 118th US Congress meets to vote on Jan. 3.<\/p>\n<p>While investigations into alleged corruption and mishandling of immigration is nothing new, targeting major corporations as part of investigations is a novel focus for a party that\u2019s historically been pro-business.<\/p>\n<p>\u201cYou\u2019re seeing a divorce between the GOP and Wall Street,\u201d Lucier said. \u201cIt\u2019s a Trumpian shift from big business to a populist focus.\u201d\n                        <\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2022\/12\/11\/gop-to-launch-investigations-into-big-business\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;GOP to launch investigations into big business&#8221; The party will be over for big businesses that push \u201cwoke\u201d agendas once the Grand Old Party takes over the House next month, insiders told The Post. Long viewed as the party of big business, fed-up Republicans will now lead committees and have subpoena power as they seek&#8230;<\/p>\n","protected":false},"author":1,"featured_media":525194,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/12\/gop-business-change-04.jpg?quality=75&strip=all&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[137071,70358,67844,70360],"class_list":["post-525193","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-12-11-22","tag-investigations","tag-republicans","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/525193","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=525193"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/525193\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/525194"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=525193"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=525193"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=525193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}