Economy

Washington, D.C. - Today, members of the Connecticut Congressional Delegation, Representatives John B. Larson (CT-01), Rosa DeLauro (CT-03), and Joe Courtney (CT-02) sent a letter to President Biden urging him to utilize the full powers of the Defense Production Act as another tool to lower gas prices now and fight the high prices Americans are facing at the pump. Gas prices have begun to fall, but enacting the power of the Defense Production Act will further lower prices and prevent a future spike.  

WASHINGTON, D.C.—Today, Congressman John B. Larson (CT-01), Earl Blumenauer (OR-03), Suzan DelBene (WA-01), and Dan Kildee (MI-05) introduced the Affordable and Accessible Infant Formula Act in response to critical infant formula shortages nationwide. As the United States faces a worsening infant formula shortage, the Food and Drug Administration has allowed formula to be imported from around the world.

Washington, D.C. - Today, Rep. John B. Larson (CT-01) voted for the Lower Food & Fuel Costs Act, a package of bipartisan bills to lower prices for America’s families in the grocery aisle and at the gas pump.  

Washington, D.C. -  During today’s Ways and Means Committee hearing, “Burnout Epidemic and What Working Women Need for A Stronger Economy,” Rep. John B. Larson (CT-01) criticized Republicans’ calls for inaction while highlighting the need for affordable, accessible, and quality childcare.  

Washington, D.C. – During today’s Ways and Means Committee hearing on the proposed FY23 budget with Treasury Secretary Janet Yellen, Rep. John B. Larson (CT-01) highlighted how programs like the Affordable Care Act, Child Tax Credit, Social Security, and Medicare help American families, especially during times of inflation. 

Washington, D.C. - Today, Rep. John B. Larson (CT-01) voted for H.R. 7688, The Consumer Fuel Price Gouging Prevention Act. This bill would allow the president to issue an Energy Emergency Proclamation, making it unlawful to increase gas and home energy prices in an exploitative way and give the Federal Trade Commission the power to issue penalties for price gouging. 

Washington, D.C. - Today, Rep. John B. Larson (CT-01) voted for H.R. 7791, The Access to Baby Formula Act, and H.R. 7790, The Infant Formula Supplemental Appropriations Act, to get formula back on store shelves and provide the Food and Drug Administration with the resources to prevent this shortage from happening again. Earlier this week, Reps.

Washington, D.C. – Today, Reps. John B. Larson (CT-01) and Joaquin Castro (TX-20) lead a letterof 149 of their colleagues to the Biden Administration urging continued action to address the infant and specialty formula shortage. The White House has announced they are working with key formula manufacturers to increase production, cut red tape to speed imports, and quickly get these products back on the shelves.