Lawmakers from both parties react strongly to claims of price-gouging by fire-truck companies, leaving everyone without their equipment.
Emergency Response Challenges “9-1-1. What is your emergency?” When a crisis strikes, Americans in cities and rural areas rely on firefighters and EMTs, usually just a call away. However, rising costs for fire trucks and longer wait times are prompting fire departments nationwide to struggle to respond effectively, often putting public safety at risk. “In […]
Harris admits ‘very few’ company engage in price-gouging in word salad DC speech
After saying her administration would crack down on companies that gouged prices, Vice President Harris on Wednesday appeared to weaken her economic plan, acknowledging that a “very small number” of companies engage in price gouging. Harris delivered the speech at the Congressional Hispanic Caucus' 47th annual Leadership Conference in Washington, D.C., but offered few specific […]
CNBC host slams Warren over defense of price-gouging ban
Joe Kernen, co-anchor of CNBC’s “Squawk Box,” came out against the price-gouging ban proposal during a fiery interview with Sen. Elizabeth Warren (D-Mass.) on Friday, calling Warren’s claims “false” and “misleading.” The Massachusetts senator worked on a price-gouging bill with Harris in 2020 and introduced a similar bill earlier this year, but argued that states […]
Elizabeth Warren spars with CNBC anchor over Harris price-gouging plan
Anne Interview The dispute between Sen. Elizabeth Warren (D-Mass.) and CNBC host Joe Kernen escalated on Friday morning, as the two sparred over Vice President Harris’ recent pledge to ban price gouging if elected in November. Harris last week unveiled an economic plan that includes a proposed ban that would give the Federal Trade Commission […]
Target CEO Brian Cornell talks Kamala Harris’ ‘price-gouging’ claims’
Target CEO Brian Cornell disputed the claim that retailers are going after prices because of corporate greed, after Vice President Kamala Harris proposed the first federal ban on price gouging in the food and grocery industry. Cornell University argued Wednesday that in an industry as competitive and with razor-thin profit margins as retail, there is […]
People ‘Reading Too Much’ into Specifics of Harris Price-Gouging Plan
Michigan Gov. Gretchen Whitmer (D-Mich.) said Sunday on NBC’s “Meet the Press” that people are “reading too much into” the details of Harris’ price-gouging plan. “I think people are reading too much into the information that’s being put out there,” Whitmer said. “We know Governor Kamala Harris will be focused on building more affordable housing. […]
Left-wing Washington Post slams Harris’ price-gouging crackdown
Even the Washington Post doesn’t believe in Vice President Kamala Harris’ plan to impose socialist price controls on food. The longtime left-leaning newspaper is owned by billionaire Jeff Bezos. A scathing editorial He blasted the Democratic presidential candidate for claiming that price gouging is causing inflation and offering only “populist tactics” rather than a legitimate […]
Harris to call for federal ban on price-gouging in Friday speech
Vice President Harris is scheduled to outline a series of economic policy proposals on Friday as part of her presidential campaign, including calling for a federal ban on corporate price gouging. Harris is scheduled to speak in the battleground state of North Carolina in November, where her campaign says she will focus on her plans […]
Biden to form ‘strike force’ to go after price-gouging
President Biden is expected to announce on Tuesday the formation of a “strike force” to hold companies accountable for price gouging. The announcement comes days before the State of the Union address, where Biden is expected to make an economic pitch to Congress and voters ahead of the crucial 2024 election. The strike force, co-chaired […]