Vice President Kamala Harris will propose a federal ban on corporate price-gouging during a speech in North Carolina on Friday, focusing on reducing grocery costs, particularly meat prices. Harris plans to target corporate consolidation in the market and outline her first 100 days in office, if elected, to prevent companies from exploiting consumers.
Her proposal includes empowering the Federal Trade Commission and state attorneys general to investigate price-gouging and supporting small businesses to increase market competition. This marks Harris’s first policy-focused speech since launching her presidential campaign, addressing criticisms for not offering a substantive platform earlier.
Former President Donald Trump recently criticized Harris for inflation, which he attributes to her votes on Democratic spending bills. Trump’s economic plans include extending tax cuts and increasing oil drilling, though some experts warn these measures could worsen inflation.
Discover more from News Facts Network
Subscribe to get the latest posts sent to your email.
