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Pass the popcorn please!

With extra butter. It will be worth it.

This should be super fun to watch:

Wall Street loves Republican tax cuts and deregulation. It’s going to hate the GOP’s plans for 2023.

Republican lawmakers, who will be in the House majority come January, are pressing party leaders to send a message to big financial firms: Stop appeasing the left with “woke” business practices, keep financing fossil fuels and cut ties with China. Republicans will have committee gavels and subpoena powers to back that up.

GOP lawmakers are singling out major asset managers and their Washington trade groups as targets because of climate investing practices they see as hostile to oil, gas and coal. Some Republicans want to continue hauling in big bank CEOs to publicly testify — a tradition established by liberal Democrats. GOP senators are already demanding that law firms preserve documents related to how they advise clients on environmental and social initiatives, signaling a potential investigation. Wall Street firms and Washington lobbyists are preparing for subpoenas.

Caught in the middle are Republican committee leaders who are facing pressure from their rank-and-file to adopt a populist tact toward big business.

“My members are intent on sending a message that you can’t kowtow to a far-left agenda and still have Republicans fighting the good fight on behalf of free markets and a marketplace that would benefit these companies,” Rep. Patrick McHenry (R-N.C.), who is poised to chair the House Financial Services Committee, said in an interview. “This is a complicated factor for sure.”

Uhm yeah. It’s a complicated factor for sure. Free markets as long as you do what we tell you may not be a big winner with the Big Money Boyz.

Ron DeSantis is leading the way with this by strong arming Disney because it had the temerity to stand up for its employees and customer who aren’t on board with his heinous right wing homophobia. They seem to think this is a big winner.

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