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Dick Durbin: “Oil billionaires like the Koch brothers have seen decades of…”

Featuring: Dick Durbin, Democratic | U.S. Senate Illinois

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Sen. Durbin on the Affordability Crisis

Published | Video Starts at 00:47

And for his billionaire friends, the returns from the past year have been equally impressive. Elon Musk helped gut the Consumer Financial Protection Bureau right before it began to supervise his new digital payment platform. Oil billionaires like the Koch brothers have seen decades of climate regulation overturned after their multimillion dollar donations to the 2024 Trump campaign. According to the Institute on Taxation and Economic policy, at least 88 of some of the largest corporations, including Tesla, Coinbase, Palantir, made more than $105 billion in 2025. (00:47–00:59)

CLAIM

Asserts that climate regulations were overturned following donations from oil billionaires to Trump's campaign.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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