Kamala Harris to call for federal price controls in Friday speech

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Vice President Harris on Friday will outline a series of economic policy proposals as part of her presidential campaign, including a call for a federal ban on corporate price-gouging.

Harris will deliver remarks in North Carolina, a battleground state where her campaign said she will focus on plans to lower the cost of groceries. The vice president will say that soaring meat prices in particular have contributed to a spike in grocery bills, and she will call out corporate consolidation in the market.

The Harris campaign said the vice president will outline a plan for her first 100 days in office if elected that would lay out a federal ban on price gouging, making clear that large companies can’t exploit consumers to increase profits.

She will call for the Federal Trade Commission and state attorneys general to investigate corporations that break such rules, and she will push for increased support for small businesses that can break into the market and compete against major meat processors.

https://thehill.com/homenews/campaign/4828758-kamala-harris-federal-ban-price-gouging/

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