Biden to suggest new tax on oil companies amid windfall profits
President Biden will float a new tax on oil and gas companies in a speech on Monday after companies reported another quarter of extremely high profits amid spiking gas prices. A White House official told The Hill that Biden will call on oil and gas companies to invest their profits in “in lowering costs for American families and increasing production.” If they don’t do so, the president will call on Congress to consider “requiring oil companies to pay tax penalties and face other restrictions,” the official said via email. The official did not use
Read MoreElon Musk named sole director of Twitter, dissolves board
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Read MoreTrump asks Supreme Court to block release of his taxes to House
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Read MoreDonald Trump Jr. mocks Paul Pelosi attack
Donald Trump Jr. posted several photos and comments on Twitter and Instagram making light of the violent home-invasion attack last week against Paul Pelosi, the wife of Speaker Nancy Pelosi (D-Calif.). Former President Trump's eldest child and the executive vice president of the Trump Organization on Sunday retweeted a photo of a piece of underwear and a hammer that was captioned: "Got my Paul Pelosi Halloween costume r
Read MoreTrump: Attack on Paul Pelosi a 'terrible thing'
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