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FILE - President Joe Biden speaks as he announces that he is nominating Jerome Powell for a second four-year term as Federal Reserve chair, during an event in the South Court Auditorium on the White House complex in Washington, Nov. 22, 2021. The Biden administration on Friday, Nov. 26, called for an overhaul of the nation’s oil and gas leasing program to focus on areas that are most suitable for energy development and raise costs for energy companies to drill on public lands and water. (AP Photo/Susan Walsh, File)

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FILE - An oil well works at sunrise Aug. 25, 2021, in Watford City, N.D., part of McKenzie County. The Biden administration on Friday, Nov. 26, called for an overhaul of the nation’s oil and gas leasing program to focus on areas that are most suitable for energy development and raise costs for energy companies to drill on public lands and water. (AP Photo/Matthew Brown, File)

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FILE - A flare burns natural gas at an oil well Aug. 26, 2021, in Watford City, N.D. The Biden administration on Friday, Nov. 26, called for an overhaul of the nation’s oil and gas leasing program to focus on areas that are most suitable for energy development and raise costs for energy companies to drill on public lands and water. (AP Photo/Matthew Brown, File)

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President Joe Biden greets members of the United States Coast Guard at the United States Coast Guard Station Brant Point in Nantucket, Mass., Thursday, Nov. 25, 2021. after virtually meeting with service members from around the world to thank them for their service and wish them a happy Thanksgiving. (AP Photo/Carolyn Kaster)

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FILE - Sen. Joe Manchin, D-WVa., talks to reporters as he leaves the chamber after a vote, at the Capitol in Washington, on Nov. 3, 2021. Democrats have finally driven President Joe Biden’s $2 trillion package of family services, health care and climate initiatives through the House. Now the focus turns to the Senate, where painful Republican amendments, restrictive rules and moderate Democratic Sen. Joe Manchin lurk (AP Photo/J. Scott Applewhite, File)

AP
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FILE - Speaker of the House Nancy Pelosi, D-Calif., joined by her leadership team, attends a news conference after the House approved the Democrats' social and environment bill at the Capitol in Washington, on Nov. 19, 2021. Democrats have finally driven President Joe Biden’s $2 trillion package of family services, health care and climate initiatives through the House. Now the focus turns to the Senate, where painful Republican amendments, restrictive rules and moderate Democratic Sen. Joe Manchin lurk (AP Photo/Jacquelyn Martin, File)