I could try to answer this question but I’ll let the Senators who sit on the Committee of Jurisdiction do it instead.
According to Senator Roger Wicker (R-MS): “We have a lot of confirmation business and itâ€™d be best not to take up the schedule with yet another confirmation.”
According to Senator Joni Ernst (R-IA): “Iâ€™m not looking for a permanent replacement [for former Admin Scott Pruitt] right now.”
This polite talk is a U.S. Senator’s way of doing what your office manager does every time the Xerox salesman asks if you’d like to upgrade your color copier plan. Ernst and Wicker might as well be saying, “we just don’t have the budget left to add another one.” AKA, thanks but no thanks, see you next year.
Still not persuaded? Why is Roger Wicker talking about “the schedule?” Because by design, it’s basically impossible to do anything in the Senate. And the Senate already has two impossible things to do between now and the end of the year that is choking that very schedule. They need to confirm Brett Kavanaugh to the Supreme Court; and they need to get a budget agreement done with the House.
Both of those can take weeks, especially if Mark Meadows, Jim Jordan and their band of Freedom Caucus hardliners strap on their suicide vests and blow-up the budget, as they are fond of doing.
The Senate doesn’t have time to confirm a new EPA Administrator. We bought no on this at 44 cents. You can still get in for a decent return at 88. Take it.
UPDATE: Alpha alert! We closed this at 86 cents per share for a 95 percent gain.