Reining in Inflation

Rep. Porter Reintroduces Bill to Fight Coordinated Price Hikes

| Posted in Press Releases

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 Appointed to Joint Economic Committee

| Posted in Press Releases

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…

Salon: Katie Porter pulls out chart at hearing to show corporate greed is the “biggest driver of inflation”

| Posted in In the News

During a House of Representatives hearing on Wednesday, United States Congresswoman Katie Porter (D-California) grilled Mike Konczal, the director of Macroeconomic Analysis at the Roosevelt Institute, over the primary cause of inflation in the post-COVID-19 economy. Equipped with one of her easy-to-read, data-filled posters, Porter got Konczal to admit that surging corporate profits are…