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ICYMI: Sen. Whitehouse Forecasts Climate Change Will Crash Banks, Destroy Housing, and End Capitalism (VIDEO)

by November 24, 2025
November 24, 2025

Senator presenting The Economist magazine cover titled "The Next Housing Disaster" during a speech in the Senate chamber.

Senator presenting The Economist magazine cover titled "The Next Housing Disaster" during a speech in the Senate chamber.

WATCH: Whitehouse Spends Half an Hour Blaming Everything on ‘Climate Change’

Senator Sheldon Whitehouse returned to the Senate floor on Thursday with another installment of his long-running “wake up” speeches, this time using nearly every minute to argue that climate change is the root cause of almost every global problem. 

Instead of addressing the real economic pressures facing American families—high energy costs, rising insurance premiums, and the continued fallout from inflation—Whitehouse framed climate change as the driving force behind future recessions, collapsing housing markets, destabilized financial systems, and even the potential end of global capitalism. 

His remarks reflected a growing trend within the Democrat Party: turning climate policy into a catch-all explanation for economic risk while ignoring the more immediate failures created by burdensome regulations and unaffordable energy mandates.

Whitehouse began by recounting his recent trip to a climate conference in Brazil—a summit the Gateway Pundit reported as a complete failure—where he even described himself as the “entirety” of the U.S. governmental presence.

He complained that the Trump administration declined to facilitate his travel, treating the decision as an unprecedented breach of tradition. 

He then used the anecdote to argue that President Trump does not represent the United States on climate matters, claiming instead that Trump speaks only for fossil-fuel donors. 

This framing laid the groundwork for Whitehouse’s central message: that climate change—and resistance to climate initiatives—is the defining threat to global stability.

The senator then pivoted to the policy prescriptions he believes are essential. At the top of his list was a global price on carbon enforced through mechanisms such as the European Union’s Carbon Border Adjustment Mechanism. 

Whitehouse praised the EU’s climate tariff system and urged foreign governments to “lock arms” and protect it from what he characterized as future attacks by Trump.

 His argument relied heavily on the idea that American policy must align with foreign climate frameworks, even when those frameworks rely on tariffs that disadvantage U.S. manufacturers and raise costs for American consumers.

Whitehouse then spent much of his speech predicting a chain reaction of financial disasters linked to climate risk. 

He cited warnings from global insurers, the Financial Stability Board, and mortgage agencies to argue that climate change will soon render major regions of the United States “uninsurable” and “unmortgageable.” 

According to Whitehouse, these pressures will trigger falling property values, impaired bank balance sheets, and a systemic financial collapse. 

He pointed to Florida as the first state likely to experience this scenario, claiming its insurance market is already “trembling.”

By the end of the speech, climate change had become the senator’s explanation for nearly every current or future challenge. Rising premiums, housing instability, market volatility, and recession threats were all attributed to carbon pollution. 

Whitehouse’s argument reflected a broader Democrat approach that treats climate change not as an issue requiring balanced solutions, but as a universal lens through which all economic and political problems must be viewed.

The post ICYMI: Sen. Whitehouse Forecasts Climate Change Will Crash Banks, Destroy Housing, and End Capitalism (VIDEO) appeared first on The Gateway Pundit.

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