Sentences with phrase «federal emergency bailouts»
FirstEnergy has sought several forms of federal emergency bailouts for its struggling power plant fleet, including a failed push by the Trump administration to classify them as critical to grid reliability, and a demand to keep them open using emergency powers created for times of war and natural disaster.
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McConnell claimed to have principled objections to the bill, saying that it «institutionalizes» bailouts of Wall Street and that it would give the Federal Reserve «enhanced emergency lending authority that is far too open to abuse.»