Creating a Competitive Capitalist Economy

Rep. Porter Reintroduces Bill to Fight Coordinated Price Hikes

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Congresswoman Katie Porter (D-CA) has reintroduced the Competitive Prices Act, which would empower consumers to hold big corporations accountable for coordinating price hikes.  “It’s on Congress to pass safeguards to protect Americans from monopoly power and coordinated price hikes that gouge consumers on basic necessities,” said Rep. Porter, a consumer protection advocate. “My bill…

Rep. Porter and Sen. Warren Lead 50 Lawmakers to Introduce Legislation Repealing 2018 Financial Deregulation

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Today, Representative Katie Porter (D-CA) and Senator Elizabeth Warren (D-MA) introduced the Secure Viable Banking (SVB) Act with a coalition of 50 lawmakers from both chambers of Congress. Their legislation would repeal Title IV of the Economic Growth, Regulatory Relief, and Consumer Protection Act of 2018, a bill that contributed to the collapse of Silicon Valley Bank (SVB) and…

Rep. Porter Appointed to Joint Economic Committee

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Congresswoman Katie Porter (D-CA) has announced her appointment to the Joint Economic Committee, a panel of Representatives and Senators that monitors the economy and recommends policies to strengthen it. She is the only Californian named to serve on the panel.  Porter also released a video announcing her appointment. “As a single mom of three school-aged kids, I know how tough it…

Rep. Porter Welcomes Labor Champion Lorena Gonzalez Fletcher as 2023 State of the Union Guest

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Congresswoman Katie Porter (D-CA) will today be joined by Lorena Gonzalez Fletcher, head of the California Labor Federation, as her guest for President Biden’s 2023 State of the Union address.  “Lorena Gonzalez Fletcher has been a champion for workers across our state for more than a decade. I’m honored to bring her as my guest to the State of the Union and hope her presence will…

Rep. Katie Porter Statement on Recent Comments by Sen. Joe Manchin

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Congresswoman Katie Porter (CA-45) today released the following statement in response to comments by Senator Joe Manchin (D-WV) that he would not vote for the Build Back Better Act: “The Build Back Better Act is fiscally responsible legislation. We will pay an incredible price if we don’t lower the costs families face, including unaffordable child care, prescription drugs prices, energy,…