Economy
More on Economy
East Hartford, CT – Today, Rep. John B. Larson (CT-01) released the following statement after the Silicon Valley Bank failure. Under the Trump Administration, Rep. Larson voted against a Republican-led provision that weakened the 2010 Dodd-Frank Act’s regulations of small and mid-sized banks.
Today, Congress passed the Bulk Infant Formula to Retail Shelves Act (H.R. 8982), bipartisan legislation that would boost domestic baby formula production and get more product on shelves amid the continued shortage across the United States. The House unanimously approved the legislation by voice vote this afternoon. Earlier in the day, the bill passed the Senate unanimously. It now goes to President Biden for his signature.
Hartford, CT – Today, Rep. John B. Larson (CT-01) released the following statement after President Biden announced $10,000 in student debt relief for borrowers making under $125,000 and an additional $10,000 for Pell Grant recipients.
Washington, D.C. - Today, Rep. John B. Larson (CT-01) voted for the Inflation Reduction Act, landmark legislation to lower costs for families, create millions of good-paying jobs, deliver the most significant action on climate in history, and dramatically reduce the deficit. The bill now heads to President Biden’s desk to be signed into law.
Washington, D.C. - Today, Rep. John B. Larson (CT-01) voted for the CHIPS and Science Act, a bipartisan investment in American semiconductor components to end the chip shortage, lower costs for families, and create hundreds of thousands of union jobs. This bill is now headed to President Biden’s desk to be signed into law.
Hartford, CT – Today, Rep. John B. Larson (CT-01) released the following statement after his legislation, the Formula Act, was signed into law by President Biden.
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.