Economy

This Coalition letter was sent to the Members of the U.S. House of Representatives Committee on Appropriations, on funding for water infrastructure programs.

Cutting tariffs would counter the punishing increase in the cost of living that American families are experiencing and would enhance the competitiveness of U.S. manufacturers.

Efforts by policymakers and the administration to blame businesses for inflation ignores all evidence to the contrary. Policymakers should be focused on solutions such as easing regulations, reducing tariffs, and increasing domestic energy production.

The practice of common ownership both promotes stability and improves the performance of publicly traded companies.

The Consumer Financial Protection Bureau is departing from its core responsibilities by attempting to regulate market competition, shunning procedural requirements under the Administrative Procedure Act, and devising new enforcement powers for the Director.

Proposals from Congress for a windfall profits tax on oil companies during the most recent rise in global oil prices is a misguided policy. The premise that a higher tax on oil companies would reduce gasoline prices for American consumers defies the laws of economics and history.

Policymakers should be working on solutions that address the root causes of inflation, not blame businesses.