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Ahead of a Congressional hearing held by House Science Committee Chairman Lamar Smith (R-TX), members of Congress, law experts, and environmental groups gathered at the Capitol to highlight all that Exxon knew and buried about climate change, and to pushback on the Chairman's overreaching subpoenas.
The event featured prominent members of Congress including Rep. Ted Lieu (D-CA), Senator Sheldon Whitehouse, Rep. Katherine Clark (D-MA) and Rep. Peter Welch (D-VT), who have been leading the charge against Exxon to hold the fossil fuel company for its role in orchestrating a decades-long campaign of deception and misinformation about climate change.
At the event, Sharon Eubanks, the former Department of Justice lawyer who led the historical suit against Big Tobacco, echoed the call for a federal investigation into Exxon. Representing the climate movement, May Boeve, 350.org Executive Director, and Jesse Bragg, Corporate Accountability International Media Director, spoke to financial ties between Big Oil and the Science Committee, as well as climate impacts that likely could have been curbed if Exxon had told the truth when its scientists warned executives about climate change.
Rep. Smith's hearing is set to feature professors of law who are expected to exclusively focus on affirming the Committee's authority to subpoena environmental groups and the attorneys general of New York and Massachusetts. At least two of Rep. Smith's witnesses, Ronald Rotunda and Elizabeth Price Foley, have significant ties to fossil fuel industry-funded groups such as the Heartland Institute and the Koch-funded Cato Institute, both which have funding ties to "dark money" financial channels Donors Trust and Donors Capital.
Since 1998, Rep. Smith has received a total of $675,597 from the fossil fuel industry, including $24,770 over the course of his career which came directly from ExxonMobil -- making oil and gas his most generous industry contributor throughout his career.
This event took place the day after thousands across the country, with a large rally in Washington, DC, rallied in solidarity with the Standing Rock Sioux and Indigenous Peoples who are protecting people and planet from the Dakota Access Pipeline.
Just this week, NASA confirmed that August 2016 was the hottest month in history, marking it the sixteenth hottest consecutive month on record.
QUOTE SHEET:
May Boeve, 350.org Executive Director said, "This hearing may as well be sponsored by ExxonMobil. Over his career, Rep. Smith has received nearly $700,000 in campaign contributions from the fossil fuel industry -- no surprise he's willing to trample our First Amendment rights in his mad dash to their defense. The bottom line is that this hearing is nothing but Smith's attempt to distract us from the real issue: Exxon knew the truth about climate change, and Exxon lied."
Representative Ted Lieu (D-CA) said, "Climate change is the biggest long-term threat to life as we know it. Global warming endangers the health of our families and creates national security risks. The historic flooding in Louisiana is just the latest example of extreme weather events that will only get more frequent and more destructive due to climate change. ExxonMobil knew for decades that its product was causing climate change. But instead of investigating ExxonMobil's decades-long deception on climate change, Republicans in charge of the House Science Committee are attacking attorneys general and nonprofits who are trying to protect the public by holding ExxonMobil accountable for their fraud and deceit. The American people - who are facing the toll of climate change every single day - deserve leaders in Congress who believe in science. We deserve leaders who will protect the people, rather than ExxonMobil."
Representative Katherine Clark (D-MA) said, "I usually am proud to sit on the Science Committee. Sadly, today, the Republican majority spends most of its time undermining scientific consensus on issues like global climate change and stripping down the very institutions that fuel innovation and scientific advancement. The Committee's overreaching subpoenas demonstrate the majority's reckless disregard of the Congress' constitutional and jurisdictional limits. Law abiding attorneys general, who are doing their jobs and serving the public and investigating potential violations of state law, should not be bullied into becoming pawns in the Republican's ongoing ideological assaults on science and fact. I urge the Committee and its leadership to remember what its job is, who it works for, and let's get back to work for the people."
Senator Sheldon Whitehouse (D-RI) said, "The really big question, and the one that needs answering here, is how far is the hand of the fossil fuel industry into the glove of this Committee? Because if in fact the true actor here is the fossil fuel industry, and if this committee is being nothing more than its agent, than that raises some very important questions about the subject of an investigation having a congressional tool to obstruct that investigation."
Tamar Lawrence-Samuel, Corporate Accountability International said, "This hearing, orchestrated on behalf of ExxonMobil, is a perversion of this important congressional procedure, and a complete distraction. The only thing this hearing will prove is that Rep. Smith is capable of cherry-picking a panel of witnesses that validate his views. Mr. Smith and his denialist colleagues on the House Science Committee are once again using our government to carry out the head-in-sand agenda of their Big Oil campaign funders and it needs to stop. It's time for Rep. Smith to end this charade and let AGs do what they were elected to do."
350 is building a future that's just, prosperous, equitable and safe from the effects of the climate crisis. We're an international movement of ordinary people working to end the age of fossil fuels and build a world of community-led renewable energy for all.
Journalists called out missing details from the latest disclosures, with one outlet saying that "US authorities no longer bother to specify where they're conducting the extrajudicial murders."
President Donald Trump's administration ended 2025 by driving up the death toll from its boat-bombing spree aimed at alleged drug smugglers, announcing US strikes on five more vessels that brought the total number of people killed to at least 115.
Legal experts and some members of Congress have condemned the dozens of deadly strikes in the Caribbean Sea and Pacific Ocean since September 2 as "war crimes, murder, or both," but that hasn't stopped the administration from dropping more bombs.
US Southern Command (SOUTHCOM) said on social media Wednesday afternoon that the previous day, at the direction of US Secretary of Defense Pete Hegseth, "Joint Task Force Southern Spear conducted kinetic strikes against three narco-trafficking vessels traveling as a convoy," which killed three people on the first boat.
"The remaining narco-terrorists abandoned the other two vessels, jumping overboard and distancing themselves before follow-on engagements sank their respective vessels," added SOUTHCOM, which notified the US Coast Guard "to activate the search and rescue system."
The Trump administration has faced particular criticism for its first boat attack, in which the US military killed a pair of survivors of an initial strike who were clinging to debris. Since then, two other survivors have been captured by the United States and returned to their home countries, Colombia and Ecuador. In another case, Mexican authorities searched for but never found a survivor.
The Washington Post's Dan Lamothe on Wednesday called out the "woeful gaps in disclosure in this new statement," noting: "1) No details about where this occurred—not even a body of water. 2) It says a search and rescue effort was initiated, but includes no details about what has happened in the roughly 24 hours since. 3) How many survivors?"
Reuters correspondent Idrees Ali reported: "A US official tells me that eight people abandoned ship and are now being searched for. The Coast Guard says it is working with vessels in the area and a Coast Guard C-130 aircraft has been deployed to the Pacific to help in the search."
Just hours after its first statement, SOUTHCOM said the task force "conducted a lethal kinetic strike" on two more boats Wednesday, killing "three in the first vessel and two in the second."
As with the earlier post, there was a video but SOUTHCOM declined to disclose the location. Venezuelanalysis responded on social media, "US authorities no longer bother to specify where they're conducting the extrajudicial murders."
Although the US Constitution gives Congress the sole authority to declare war, the Trump administration has argued that the strikes are justified because the United States is in an "armed conflict" with drug cartels, which the president has designated as terrorist organizations.
Despite lawmakers in both major parties rejecting that argument, both Republican-controlled chambers of Congress have so far failed to advance various war powers resolutions aimed at ending the boat bombings and reining in Trump's march toward war with Venezuela—which he also attacked in December, according to Monday reporting.
After SOUTHCOM on Monday announced a Sunday boat strike that killed two people in the Pacific, Amnesty International USA declared on social media: "Once again, this is murder, plain and simple. Tell Congress to put a stop to it."
"For too long in our city, freedom has belonged only to those who can afford to buy it," said the new mayor. "Our City Hall will change that."
"Tax the rich. Tax the rich. Tax the rich."
The chants broke out at City Hall in New York on Thursday as US Sen. Bernie Sanders (I-Vt.) addressed the crowd before swearing in Mayor Zohran Mamdani, a democratic socialist who campaigned on a platform that prioritized NYC's working class.
"Demanding that the wealthy and large corporations start paying their fair share of taxes is not radical. It is exactly the right thing to do," declared Sanders—who endorsed Mamdani even before his June primary victory over former Democratic New York Gov. Andrew Cuomo and "the billionaire-backed status quo."
The 34-year-old mayor on Thursday described Brooklyn-born Sanders—50 years his senior—as "the man whose leadership I seek most to emulate, who I am so grateful to be sworn in by today."
During the afternoon inauguration ceremony—which followed an early morning swearing-in at the abandoned subway station beneath City Hall—Mamdani also called for taxing the rich as he reiterated the agenda that secured him over 1.1 million votes in November.
"Beginning today, we will govern expansively and audaciously. We may not always succeed, but never will we be accused of lacking the courage to try," he said. "To those who insist that the era of big government is over, hear me when I say this: No longer will City Hall hesitate to use its power to improve New Yorkers' lives."
"Here, where the language of the New Deal was born, we will return the vast resources of this city to the workers who call it home," Mamdani vowed. "Not only will we make it possible for every New Yorker to afford a life they love once again, we will overcome the isolation that too many feel, and connect the people of this city to one another."
The mayor said that "the cost of childcare will no longer discourage young adults from starting a family, because we will deliver universal childcare for the many by taxing the wealthiest few. Those in rent-stabilized homes will no longer dread the latest rent hike, because we will freeze the rent."
"Getting on a bus without worrying about a fare hike or whether you'll be late to your destination will no longer be deemed a small miracle, because we will make buses fast and free," he continued. "These policies are not simply about the costs we make free, but the lives we fill with freedom. For too long in our city, freedom has belonged only to those who can afford to buy it. Our City Hall will change that."
The ceremony also featured remarks from another early Mamdani supporter, Congresswoman Alexandria Ocasio-Cortez (D-NY), as well as the swearing-in of Jumaane Williams for a third term as New York City's public advocate and Mark Levine, the new comptroller.
"New York, we have chosen courage over fear," said Ocasio-Cortez, whose district spans the Bronx and Queens. "We have chosen prosperity for the many over spoils for the few. And when the entrenched ways would rather have us dig in our feet and seek refuge in the past, we have chosen instead to turn towards making a new future for all of us."
AOC: New York City has chosen the ambitious pursuit of universal childcare, affordable rents and housing and clean and dignified public transit for all. We have chosen that over the distractions of bigotry and the barbarism of extreme income inequality
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— Acyn (@acyn.bsky.social) January 1, 2026 at 1:47 PM
As NYC kicked off the new year with progressive city leadership, 2025 findings from the Bloomberg Billionaire Index sparked fresh wealth tax demands. According to the tracker, the world's 500 richest people added a record $2.2 trillion to their collective fortunes last year. About a quarter of that went to just eight Big Tech billionaires: Jeff Bezos, Sergey Brin, Michael Dell, Larry Ellison, Jensen Huang, Elon Musk, Larry Page, and Mark Zuckerberg.
In New York, Mamdani has proposed raising the state corporate tax rate from 8.85% to 11.5% and hiking taxes for individuals who make more than $1 million a year. Achieving those goals would require cooperation from state legislators.
Mamdani acknowledged Thursday that for much of history, the response from City Hall to the question of who New York belongs to has been, "It belongs only to the wealthy and well-connected, those who never strain to capture the attention of those in power."
In the years ahead, he pledged, "City Hall will deliver an agenda of safety, affordability, and abundance, where government looks and lives like the people it represents, never flinches in the fight against corporate greed, and refuses to cower before challenges that others have deemed too complicated."
"Together, we will tell a new story of our city," the mayor said. "This will not be a tale of one city, governed only by the 1%. Nor will it be a tale of two cities, the rich versus the poor. It will be a tale of 8.5 million cities, each of them a New Yorker with hopes and fears, each a universe, each of them woven together."
"If the monstrous political-economic system that is tearing our planet, the climate, and its people apart isn't brought to its knees—then humanity will be," warned one climate scientist.
Led by Big Tech billionaires including Jeff Bezos, Larry Ellison, and Elon Musk, the world's 500 richest people added a record $2.2 trillion to their collective wealth in 2025, Bloomberg reported as the year ended on Wednesday.
"Obscene greed! While billions of people live in poverty," human rights campaigner Peter Tatchell responded on X—a social media platform now controlled by Musk, the richest person on Earth. "It's why we need a global wealth tax."
Musk—who could become the world's first trillionaire thanks to his new controversial pay package as CEO of Tesla—is one of just eight ultrawealthy individuals who got around a quarter of all the gains recorded by the Bloomberg Billionaires Index.
The others are Amazon founder Bezos and Oracle chairman Ellison, as well as Michael Dell, Google co-founders Sergey Brin and Larry Page, Jensen Huang of Nvidia, and Meta's Mark Zuckerberg. The previous year, Bloomberg noted, "the same eight billionaires made up 43% of the total gains."
According to Bloomberg, the gains that brought the combined net worth of all 500 people to $11.9 trillion "were turbocharged" by the 2024 election victory of President Donald Trump. The Republican and his relatives were among the "biggest winners" of 2025, gaining at least $282 million, for a net worth of $6.8 billion.
The "winners" also include Musk, who gained $190.3 billion for a net worth of $622.7 billion; Ellison, who gained $57.7 billion for a net worth of $249.8 billion; and Australian mining magnate Gina Rinehart, who gained $12.6 billion for a net worth of $37.7 billion.
After Trump's electoral win, several Big Tech billionaires buddied up to him, with Bezos, Musk, Zuckerberg, Apple CEO Tim Cook, and Google CEO Sundar Pichai all attending his inauguration. Musk then spent several months spearheading the administration's attack on federal workforce as the de facto leader of the Department of Government Efficiency (DOGE).
The world’s 500 richest people have total wealth of $11.9tn.Their wealth up by $2.2tn in 2025. 8 billionaires accounting for a 25% of the gains.No one becomes this rich by working.They fund right-wing parties, oppose worker/human rights, cause more pollution than normal people.
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— Prem Sikka (@premnsikka.bsky.social) January 1, 2026 at 3:21 AM
Sharing the Guardian's coverage of the findings on the social media network Bluesky, British climate scientist Bill McGuire warned that "if the monstrous political-economic system that is tearing our planet, the climate, and its people apart isn't brought to its knees—then humanity will be."
The Guardian pointed to Oxfam International's November statement that $2.2 trillion "would have been more than enough to lift 3.8 billion people out of poverty," which the humanitarian group highlighted ahead of the Group of 20 Summit hosted by South Africa, whose government used its G20 presidency to push for solutions to global inequality.
"Inequality is a deliberate policy choice. Despite record wealth at the top, public wealth is stagnating, even declining, and debt distress is growing," Oxfam executive director Amitabh Behar said at the time. "Inequality rips away life opportunities and rights from the majority of citizens, sparking poverty, hunger, resentment, distrust, and instability."
A June 2024 report from French economist and EU Tax Observatory director Gabriel Zucman—prepared for the G20's Brazilian presidency—estimated that a global 2% minimum tax on the wealth of 3,000 billionaires could generate about $250 billion.
As seven Nobel laureates, including Joseph Stiglitz, noted in a July op-ed published by the French newspaper Le Monde, "By extending this minimum rate to individuals with wealth over $100 million, these sums would increase significantly."