{"id":2406533,"date":"2025-02-25T13:55:02","date_gmt":"2025-02-25T18:55:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bernie-moreno-who-built-a-car-dealership-empire-pushes-industry-bill\/"},"modified":"2025-02-25T14:02:13","modified_gmt":"2025-02-25T19:02:13","slug":"bernie-moreno-who-built-a-car-dealership-empire-pushes-industry-bill","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bernie-moreno-who-built-a-car-dealership-empire-pushes-industry-bill\/","title":{"rendered":"Bernie Moreno, who built a car dealership empire, pushes industry bill"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbernie-moreno-who-built-a-car-dealership-empire-pushes-industry-bill%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2406533&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Senator Bernie Moreno (R-OH), \u2064a former auto dealer, is set to unveil his legislation called the Transportation Freedom Act. This bill aims to provide \u2063important tax breaks for automakers and \u2062<a href=\"https:\/\/amzn.to\/3YuVZYV\">roll back regulations imposed<\/a> during the Biden administration that Moreno \u200cclaims have contributed to rising \u2062vehicle prices. The legislation \u200dseeks to repeal emissions \u200cregulations, including electric vehicle mandates, \u2064and offers a 200% payroll tax deduction for auto companies, incentivizing them to retain workers while preventing saved \u200dfunds from being used for stock buybacks.<\/p>\n<p>Moreno asserts that the proposal will support American manufacturing by making vehicles more affordable\u200b and ensuring that cars\u2064 sold in the U.S.are made\u200b domestically. It has garnered\u2064 backing from other Republican senators and major auto manufacturers \u200dlike\u200d general Motors\u2064 and Toyota, \u2064as well as industry advocacy groups. The bill would also replace existing fuel economy standards with new ones that provide automakers with regulatory stability.<\/p>\n<p>As being elected to the Senate, Moreno \u200chas introduced several legislative initiatives, \u200dprimarily focusing on immigration, \u2062the IRS, and naturalization \u2064regulations. Though the future of his auto\u2064 industry bill is uncertain,\u2064 as it may compete\u2064 for legislative time with \u200cother pressing\u2063 matters, its introduction marks Moreno&#8217;s growing influence\u2063 in Congress.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">Sen. Bernie Moreno, who built a car dealership empire, unveils auto industry bill<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_1941427\" class=\"tpd-featured-video bridtv\"><\/div>\n<p><strong>EXCLUSIVE &mdash; <\/strong>Sen. <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/bernie-moreno\/\" target=\"_blank\" rel=\"noopener\" title=\"Bernie Moreno\">Bernie Moreno<\/a> (R-OH), an auto-dealer-turned-politician, will unveil Tuesday his first piece of legislation giving hefty tax breaks to automakers and rolling back Biden-era regulations that the first-term lawmaker says would reverse the yearslong trend of <a href=\"https:\/\/www.washingtonexaminer.com\/news\/2813763\/why-buying-new-used-car-expensive-2024\/\" target=\"_blank\" rel=\"noopener\" title=\"rising vehicle prices\">rising vehicle prices<\/a>.<\/p>\n<div class=\"article-paywall\">\n<p>Moreno&rsquo;s Transportation Freedom Act, first shared with the <em>Washington Examiner<\/em>, would repeal Biden-era emissions regulations, including electric vehicle standards, and create hefty tax breaks for American auto manufacturers in a quest to drive down vehicle prices, which have soared in recent years.<\/p>\n<p>The measure has backing from other Republican senators, a trio of auto giants, and industry advocacy groups.<\/p>\n<p>&ldquo;Thanks to liberal bureaucrats who want to mandate what cars Americans can drive, states like mine are riddled with car lots filled with expensive EVs people simply don&rsquo;t want and dormant factories that once employed millions of American workers,&rdquo; Moreno said. &ldquo;The only winner is China. It&rsquo;s time to make sure cars sold in America are actually made in America and give Americans the freedom to choose the cars they actually want to drive.&rdquo;<\/p>\n<p>The proposal would create tax breaks for auto companies with a 200% payroll tax deduction for annual salaries up to $150,000 and prevent money saved from being used for stock buybacks. <\/p>\n<p>It would also roll back Biden-era regulations restricting tailpipe emissions that would mandate at least 35% of new light- and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-epas-new-vehicle-emissions-standards-sparks-backlash-from-auto-industry-republicans\/\" title=\"Biden EPA\u2019s New Vehicle ... ... Sparks Backlash From ..., Republicans\">medium-duty vehicles sold<\/a> be all-electric by 2032, eliminate other emissions rules for <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/government-to-open-investigation-into-ram-trucks-over-fuel-pump-failures\/\" title=\"Government To Open Investigation Into Ram Trucks Over Fuel Pump Failures\">heavy-duty trucks<\/a>, and revoke California&rsquo;s waiver for a 100% EV mandate by 2035. EVs accounted for <a href=\"https:\/\/www.kbb.com\/car-news\/america-set-ev-sales-record-in-2024\/\" target=\"_blank\" rel=\"noopener\" title=\"less than 9%\">less than 9%<\/a> of all new car sales last year.<\/p>\n<p>Moreno contends that the measure would help root foreign competition and lower sticker prices on dealership lots with less costly red tape and more automaker tax breaks.<\/p>\n<p>President Donald Trump signed an executive order on his first day back in office nixing the so-called EV mandates, but Moreno&rsquo;s legislation would codify the move into law and avoid likely drawn-out legal battles over Trump&rsquo;s actions.<\/p>\n<p>The long-standing federal fuel economy program that has set fuel efficiency standards for vehicles since 1975 would be repealed and replaced under Moreno&rsquo;s bill with new, yet-to-be-determined standards. Under the bill, standards for fuel efficiency and emissions would be created for 2027-2035 to offer automakers what Moreno describes as regulatory stability.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Sen. Bernie Moreno (R-OH) speaks at the Senate Homeland Security and Governmental Affairs Committee confirmation hearing for Secretary of Homeland Security Kristi Noem on Friday, Jan. 17, 2025, at the Capitol in Washington. (AP Photo\/Ben Curtis)<\/figcaption><\/figure>\n<p>The legislation is backed by General Motors, Toyota, and Stellantis, which owns brands such as Jeep, Dodge, Ram, and Fiat, and industry groups Alliance for Automotive Innovation, American Trucking Associations, and the National Automobile Dealers Association. The alliance <a href=\"https:\/\/www.autosinnovate.org\/about\/our-members\" target=\"_blank\" rel=\"noopener\" title=\"represents dozens\">represents dozens<\/a> of the world&rsquo;s leading automakers, including Ford which is based in the Detroit metropolitan area, along with Stellantis and GM.<\/p>\n<p>Original co-sponsors in the Senate are all Republicans: Sens. Jim Justice (R-WV), Tim Sheehy (R-MT), and Jim Banks (R-IN).<\/p>\n<p>&ldquo;The auto industry has been whipsawed by shifting emission regulations for decades,&rdquo; Mark Templin, the executive vice president and chief operating officer of Toyota, said in a statement. &ldquo;These swings have hurt auto companies, auto dealers and auto workers, ultimately driving up the cost of automobiles in America.&nbsp;The Transportation Freedom Act is a commonsense approach that will provide regulatory predictability.&nbsp;This will allow the auto industry to invest wisely in emission reduction technologies, while providing affordable choices for consumers.&rdquo;<\/p>\n<p>Before being elected to the Senate in 2024 in one of the most closely watched races in which he defeated former Democratic Sen. Sherrod Brown, Moreno built a luxury car business empire that, at one point, featured dozens of dealerships. He sold his remaining businesses during the campaign amid scrutiny about conflicts of interest.<\/p>\n<p><a href=\"https:\/\/www.washingtonexaminer.com\/policy\/energy-and-environment\/3221543\/clean-energy-advocates-see-reason-hope-under-trump\/\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>CLEAN ENERGY ADVOCATES SEE REASON FOR HOPE UNDER TRUMP<\/strong><\/a><\/p>\n<p>It will be up to Senate GOP leadership whether Moreno&rsquo;s bill receives valuable committee and floor time, but it likely would not be anytime soon unless it is lumped into broader must-pass measures. The upper chamber is focused on confirming Trump&rsquo;s nominees and avoiding a government shutdown next month.<\/p>\n<p>Moreno&rsquo;s auto bill marks his fourth piece of legislation since becoming a senator in early January. The others have centered on <a href=\"https:\/\/www.congress.gov\/bill\/119th-congress\/senate-bill\/200?s=1&amp;r=13\" target=\"_blank\" rel=\"noopener\" title=\"\">illegal immigration<\/a>, the <a href=\"https:\/\/www.congress.gov\/bill\/119th-congress\/senate-bill\/175?s=1&amp;r=15\" target=\"_blank\" rel=\"noopener\" title=\"\">Internal Revenue Service<\/a>, and <a href=\"https:\/\/www.congress.gov\/bill\/119th-congress\/senate-bill\/542?s=1&amp;r=3\">establishing<\/a> a &ldquo;uniform English language rule for naturalization.&rdquo;<\/p>\n<\/div>\n<p> <script data-cfasync=\"false\" src=\"http:\/\/www.washingtonexaminer.com\/cdn-cgi\/scripts\/5c5dd728\/cloudflare-static\/email-decode.min.js\"><\/script><script>!function(){var g=window;g.googletag=g.googletag||{},g.googletag.cmd=g.googletag.cmd||[],g.googletag.cmd.push(function(){g.googletag.pubads().setTargeting(\"has-featured-video\",\"true\")})}();<\/script><script>var _bp=_bp||[];_bp.push({\"div\":\"Brid_1941427\",\"obj\":{\"id\":\"27789\",\"width\":\"1280\",\"height\":\"720\",\"stickyDirection\":\"below\",\"video\":\"1941427\"}});<\/script><script defer src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sen. Bernie Moreno (R-OH) introduces a bill to cut taxes for automakers and reduce Biden-era regulations, aiming to lower vehicle prices<\/p>\n","protected":false},"author":3108,"featured_media":2406534,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/02\/bernie-moreno-auto-bill.webp","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[32509,32226,33371,51071,51072],"class_list":["post-2406533","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-automotive-industry","tag-bernie-moreno","tag-business-news","tag-car-dealership","tag-industry-bill"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/02\/bernie-moreno-auto-bill.webp","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2406533","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/3108"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2406533"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2406533\/revisions"}],"predecessor-version":[{"id":2406547,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2406533\/revisions\/2406547"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2406534"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2406533"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2406533"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2406533"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}