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Vice President Kamala Harris on Friday is expected to call for a federal ban on price gouging to lower grocery prices and everyday costs for Americans in her first economic policy speech in Raleigh, North Carolina.
The proposal is part of Harris’ efforts to prevent corporations in the food and grocery industries from hiking prices on consumers and is one component of a larger plan she will roll out to tackle high costs and inflation, according to a news release from the Harris campaign.
As part of her first 100 days in office, the vice president’s campaign said she would implement a plan to keep costs down that includes authorizing the Federal Trade Commission and state attorneys general to investigate and implement harsh penalties on companies that violate the federal ban, resources that can detect price-fixing, and more support for small businesses to potentially grow into competitors of large companies.
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Harris’ policy speech comes as the economy remains a critical issue for voters. An NPR/PBS News/Marist poll released last week found that Americans trust former President Donald Trump over Harris to handle the economy – but opinions were closely split, with 51% saying Trump would be better at handling the economy while 48% said Harris.
There's more text in the link: https://www.cnn.com/2024/08/15/politics/harris-price-gouging-ban-economic-policy-speech/index.html
The proposal is part of Harris’ efforts to prevent corporations in the food and grocery industries from hiking prices on consumers and is one component of a larger plan she will roll out to tackle high costs and inflation, according to a news release from the Harris campaign.
As part of her first 100 days in office, the vice president’s campaign said she would implement a plan to keep costs down that includes authorizing the Federal Trade Commission and state attorneys general to investigate and implement harsh penalties on companies that violate the federal ban, resources that can detect price-fixing, and more support for small businesses to potentially grow into competitors of large companies.
ADVERTISING
Harris’ policy speech comes as the economy remains a critical issue for voters. An NPR/PBS News/Marist poll released last week found that Americans trust former President Donald Trump over Harris to handle the economy – but opinions were closely split, with 51% saying Trump would be better at handling the economy while 48% said Harris.
There's more text in the link: https://www.cnn.com/2024/08/15/politics/harris-price-gouging-ban-economic-policy-speech/index.html
