Republicans Double Down on Coal Leasing, Taxpayer Fleecing - Insurance News | InsuranceNewsNet

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July 27, 2017 Newswires
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Republicans Double Down on Coal Leasing, Taxpayer Fleecing

Targeted News Service (Press Releases)

WASHINGTON, July 26 -- The Center for Biological Diversity issued the following news release:

House Republicans will hold a hearing Thursday on H.R. 1778, sponsored by Rep. Liz Cheney (R-Wyo.), to lock in an outdated federal coal-leasing program that will lead to more climate-warming fossil-fuel production.

The bill would require approval from both the House and Senate before any Interior secretary could pause the coal-leasing program on public lands, which accounts for more than one-tenth of U.S. greenhouse gas emissions.

"Rep. Cheney's bill ignores sound science and public health, to the delight of the fossil fuel industry," said Randi Spivak, director of the Center's public lands program. "This bill is so bad for people, wildlife and the planet that it's disturbing our elected officials would even consider it. It's a prime example of Republicans putting coal-company profits before their constituents and the public lands they claim to care about."

In 2016 the Obama administration put a moratorium on most new coal leasing on public lands to allow the federal Bureau of Land Management time to review the program before locking in decades of more coal extraction. The BLM had not significantly updated the coal-leasing program since 1979.

In March 2017 Interior Secretary Ryan Zinke revoked Obama's landmark federal coal-leasing moratorium. A coalition including the Center filed suit against the Trump administration since the BLM had not concluded its review. Preliminary findings by the BLM showed that coal mining fouls the air, pollutes streams and destroys wildlife habitat, and a separate audit found the leasing system shortchanges taxpayers while subsidizing coal companies.

"The coal industry is dying because there's a lack of demand, not a lack of coal," Spivak said. "The U.S. is moving to cleaner, renewable energy sources, so there's no need to continue pillaging our public lands to prop up dirty energy."

In the first six months of the 115th Congress, Republicans have introduced more than 45 bills that attack public lands, weaken environmental safeguards on those lands or turn over control to states and local governments. These attacks come despite the fact that the vast majority of voters across political parties support protecting and maintaining forests, national parks, monuments and other public lands and waters.

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October 8, 2026 Newswires
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Flourish brings private-bank-like cash solution to MassMutual’s network

By Press Release

NEW YORK CITY—October 8, 2026—Flourish, a wealthtech platform that helps RIAs and broker-dealers deliver a private-bank-like experience to their clients, today announced an enterprise relationship with MassMutual and its network of financial professionals.

The relationship extends Flourish Cash to MassMutual's network of more than 6,000 financial professionals across the nation. Through the relationship, financial professionals affiliated with MassMutual can offer clients access to Flourish Cash. Flourish Cash allows clients the ability to access a high-yield interest rate on their held-away cash, currently 9x the nationwide savings account average. Flourish Cash also provides elevated FDIC insurance coverage of up to $40 million for a two-person household through Flourish's Program Banks.

"At MassMutual, we're committed to equipping financial professionals with the tools and support they need to help their clients thrive,” said Vaughn Bowman, CFA, head of wealth management with MassMutual. “This is the perfect time to build on our relationship with Flourish by offering Flourish Cash to our advisor network.”

“Today’s financial advisors are expanding their services to help clients with their entire financial lives - not just the stock-and-bond portfolio. MassMutual can now offer customers a private-bank-like experience that drives both firm growth and client satisfaction,” said Max Lane, CEO of Flourish.

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  • What ‘above and beyond’ means for today’s advisor
  • AM Best Maintains Stable Outlook on Indonesia’s Non-Life Insurance Segment
  • Owings Mills insurance agent pleads guilty to stealing more than $100,000 in life insurance commissions
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