Economy

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Buying a home is a significant investment. For most families, it’s their most valuable asset. Our homes foster fond memories, bring families together, and have exemplified the American Dream for generations. However, thanks to the failed economic policies of the Biden Administration, the dream of homeownership has quickly dissipated for many Americans. Skyrocketing interest rates, higher taxes, more red tape, and record inflation spurred by wasteful government spending all prevent American families from investing in their future.

WASHINGTON, D.C. – Today, U.S. Rep. Randy Feenstra (R-Hull) cosponsored legislation – the Free Market Mortgage Act of 2023 – to repeal President Biden’s mortgage fee hike on responsible homeowners.

This week, biofuels made headlines in our nation’s capital and lawmakers from across the country – who never thought twice about the unlimited potential of homegrown ethanol and biodiesel to lower gas prices and make our country energy independent again – took notice.

WASHINGTON, D.C. – Last week, U.S. Rep. Randy Feenstra (R-Hull) led 21 of his Republican colleagues in sending a letter to President Joe Biden demanding that he abandon his plans to cap like-kind exchanges for Iowa farmers and main street businesses.

WASHINGTON, D.C. – Today, U.S. Rep. Randy Feenstra (R-Hull) issued the following statement after he led the Iowa congressional delegation in negotiations with Kevin McCarthy (R-CA), Speaker of the U.S. House of Representatives, securing vital tax relief for Iowa agriculture and the biofuels industry.

During the first two years of his administration, President Biden’s reckless policies epitomized his tax-and-spend proclivities and complete disregard for fiscal responsibility. Despite repeated calls from Republicans to abandon his wasteful spending agenda, he approved roughly $6 trillion in new government spending that fueled inflation, forced the Federal Reserve to expedite its aggressive rate hikes, and accelerated the insolvency of Social Security and Medicare.

This week, on the heels of expanding the invasive and costly jurisdiction of WOTUS, the Environmental Protection Agency (EPA) unveiled crushing, new regulations on American vehicle manufacturers. At President Biden’s direction, new cars, trucks, and tractors sold in the United States would be required to comply with his administration’s foolish plans to manipulate our free-market economy to impose electric vehicles on rural America, increase our reliance on China for critical minerals, and advance his Green New Deal agenda.

Quantum computing is an intangible phenomenon that often elicits images of supercomputers and spaceships. However, the world of quantum is vast, and its potential is unlimited, particularly for our rural communities and main street businesses.

WASHINGTON, D.C. – Yesterday, U.S. Rep. Randy Feenstra (R-Hull) voted to override President Biden’s veto of legislation to nullify ESG mandates in retirement funds.

WASHINGTON, D.C. – Today, U.S. Reps. Randy Feenstra (R-IA) and Haley Stevens (D-MI) introduced the Quantum in Practice Act, which would amend the National Quantum Initiative Act to include quantum molecular simulations and modeling in federal scientific research.
