US EditionDemocrats seek federal ban on price gouging amid tariff rollout
- Democrats in Congress are working to pass a federal price gouging law in response to tariffs by President Donald Trump.
- The proposal, led by Senator Elizabeth Warren and Representative Jan Schakowsky, allocates $1 billion to the Federal Trade Commission for investigating price hikes.
- Supporters believe the bill would protect families from corporate abuse during economic disruptions.
- Jan Schakowsky stated that greedy corporations are exploiting economic turmoil to inflate prices on everyday goods.
64 Articles
64 Articles
Massachusetts, Illinois Dems Reintroduce Federal Price Gouging Bill Amid Tariff Debates
Proposed Legislation Aims to Grant FTC $1 Billion and Broad Authority to Combat Price Gouging A group of Democratic lawmakers has reintroduced legislation aimed at prohibiting price gouging at the federal level, seeking to grant the Federal Trade Commission (FTC) enhanced powers and a significant funding boost to combat what they describe as “grossly excessive” […] Massachusetts, Illinois Dems Reintroduce Federal Price Gouging Bill Amid Tariff D…
Democrats Push Price Gouging Bill to Counter Trump Tariffs - American Faith
Democrats in Congress are renewing efforts to pass a federal price gouging law, tying the legislation to President Donald Trump’s newly announced tariffs aimed at reshaping global trade. The proposal, introduced by Sen. Elizabeth Warren (D-Mass.) and Rep. Jan Schakowsky (D-Ill.), would give the Federal Trade Commission $1 billion in new funding and broad authority to investigate companies accused of “grossly excessive” price hikes. Supporters cl…
InsideNoVA.com
Democrats seek federal ban on price gouging amid tariff rollout
(The Center Square) – Democrats are pushing a bill prohibiting price gouging at the federal level and giving the Federal Trade Commission another $1 billion and new tools to go after companies charging "grossly excessive" prices.
Democrats Seek Federal Ban on Price Gouging amid Tariff Rollout | Headline USA
(The Center Square) Democrats are pushing a bill prohibiting price gouging at the federal level and giving the Federal Trade Commission another $1 billion and new tools to go after companies charging “grossly excessive” prices. Democrats say such protections are needed as President Donald Trump rolls out higher tariffs on foreign nations as part of an effort to overhaul global trade. A tariff is a tax on imported goods that the importer pays to …
Democrats push for federal ban on price gouging amid Trump's tariff rollout
Democrats say such protections are needed as President Donald Trump rolls out higher tariffs on foreign nations as part of an effort to overhaul global trade. Photo: Tung Lam/Pixabay Democrats are pushing a bill at the federal level, clarifying that price gouging is an unfair and deceptive practice under the FTC Act. The bill would give the FTC and state attorneys general new tools to enforce a federal ban against merchants who overprice goods …
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