More than 40 Democratic lawmakers, led by Senator Elizabeth Warren, sent a letter to President Biden this morning urging him to use executive authority to address rising food prices. The lawmakers argue that large corporations are raking in record profits while hiking food prices, which they believe constitutes corrupt price gouging. Representative Jim McGovern and Senator Warren are at the forefront of this initiative, emphasizing the need for immediate action to protect working families. The Biden Administration is considering additional enforcement actions to combat these practices.
While overall inflation is slowing down, many corporations are keeping prices artificially high to create record profits for wealthy shareholders. That’s why Democrats are laser focused on taking on price gouging and slashing junk fees. https://t.co/ZZhVdjDiVU
Giant grocery stores & massive food conglomerates are hiking up food prices while raking in record profits. The Biden Administration is fighting back. Along with 40 lawmakers, I laid out more ways @POTUS can use his executive authority to lower food costs.https://t.co/wbwBYEpQvy
Democrats Ask Biden to Investigate Grocery Store Price-Fixing and "Huge Profits" https://t.co/poDAiUBYnY "Big food companies want to keep these huge profits..." said clueless @SenWarren. What "huge profits" and why haven't they shown up in higher profit margins for large food… https://t.co/bhekQzr7ug
Sky high prescription drug prices are Big Pharma’s corporate greed on full display. No one should have to make the impossible choice between filling a prescription and putting food on the table. That’s why I’m fighting to pass my End Price Gouging for Medications Act!
Health care is a right! While Republicans raise costs and strip coverage, we Democrats are slashing health care expenses. We've capped senior insulin prices at $35, cut drug costs, and reduced insurance fees. I'm dedicated to making health care affordable for everyone. https://t.co/KvsEjvmT28
"Combat Illegal Corporate Behavior" - Dem Lawmakers Urge Biden To Use Executive Action Against High Food Prices https://t.co/4fLblvuCPf
Huge corporations are raking in record profits while hiking food prices and ripping people off. @SenWarren and I are fighting to end their corrupt price gouging that’s hurting working families. It's past time to act! https://t.co/6vfQT5XZKK
Huge corporations are raking in record profits while hiking food prices and ripping people off. @SenatorWarren and I are fighting to end their corrupt price gouging that’s hurting working families. It's past time to act! https://t.co/6vfQT5XZKK
Exclusive: More than 40 Democratic lawmakers, led by @SenWarren, sent a letter to President Biden this morning urging him to use executive authority to take additional enforcement action to address rising food prices without the help of Congress https://t.co/hElm7wPLZR