House, Senate Lawmakers Seek to Eliminate the Jones Act

House, Senate lawmakers seek to eliminate the Jones Act

Two GOP lawmakers last week introduced a bill to repeal the Jones Act, charging the “outdated” law forces U.S. producers to engage in more expensive and “politically risky” trade, particularly for energy. Rep. Tom McClintock (R-CA) and Sen. Mike Lee (R-UT) on June 12 separately introduced the “Open America’s Waters Act,” which they argue will boost trade along U.S. coasts and lower costs by eliminating Jones Act requirements. The Jones Act manda…

Lee Introduces Bill to Repeal 105-Year-Old Law, Aiming to Lower Shipping Costs

Make shipping affordable again is the idea behind new legislation introduced by Sen. Mike Lee, R-Utah. The Open America’s Waters Act, introduced Thursday, would repeal the Jones Act, aimed at deregulating the U.S.’s coastal trade and helping mitigate America’s energy crisis. The legislation would specifically repeal the regulations that require vessels that carry U.S. goods by water between U.S. ports to be constructed in the U.S., registered in…