Riley pushes crackdown on price-gouging during crisis

Josh Riley introduces national ban on price gouging

WASHINGTON, D.C. (WIVT/WBGH) - Representative Josh Riley introduced H.R. 4720, the Cracking Down on Price Gouging Act, earlier today in Congress. The legislation seeks to build on the Defense Production Act's (DPA) legal protections to create a national ban on price gouging. The Defense Production Act was originally enacted in 1950 to stop hoarding and profiteering during wartime. In its amended state, it gives the president a broad set of autho…

Riley pushes crackdown on price-gouging during crisis

KINGSTON, N.Y. — U.S. Rep. Josh Riley has introduced federal legislation that aims to crack down on the practice of charging excessive prices for scarce materials during times of crisis, his office said. The bill, known as the “Cracking Down Price-Gouging Act,” is being sponsored by Riley, a Democrat who represents the 19th Congressional District. There are no other co-sponsors, according to he bill. The U.S. House of Representatives house is co…