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Issues

Rebuilding an Economy that Works for Everyone

Over the past four decades, the entire American economy has stopped working for regular people. A few giant companies now control our food, our health care, technology, consumer goods, and entertainment. Corporate consolidation causes higher prices for consumers, lowers wages for workers, crowds out local small businesses, and makes our economy less innovative.  This consolidation isn’t happening by accident – it’s the result of deliberate choices that have been made by both Republicans and Democrats.

Unchecked corporate power isn’t just hurting our economy – it’s killing our democracy. Corporate monopolies have too much economic power and too much political power. We need to stop monopolies from using their lobbying power to rig the system, rewrite the tax code for their own benefit, and remove basic protections for workers, consumers, and the environment. 

Restoring competition and unrigging our economy is existential for our country. We need to fight back against big oil to protect our environment. We need to go toe-to-toe with big tech to protect our privacy, our kids’ mental health, and our small business owners. And we need to take on big pharma and big insurance companies to make sure every American has access to high quality and affordable health care. 

In Congress, I’ll work to:

  • Restore Federal Antitrust Enforcement: Donald Trump has stacked the federal agencies tasked with protecting competition – the Federal Trade Commission and the Department of Justice – with MAGA cronies and special interest lackeys. I’ll fight to restore independence at the FTC and DOJ to make sure we fully enforce our antitrust laws.

  • 21st Century Antitrust: Our central antitrust laws are more than 100 years old. It’s time to update our antitrust framework for the 21st century with legislation to empower our agencies to unwind anticompetitive mergers and to implement clear thresholds for when a merger grants a company too large a market share.

  • Ending Wall Street’s Racket To Drive Up Costs: Hedge funds and huge private equity firms are buying up apartments buildings and single family homes, raising rents and increasing costs for families. I’ll work to pass the End Hedge Fund Control of American Homes Act to put a stop to this predatory practice.

  • Supporting Small and Independent Businesses: Monopolies like Amazon make it impossible for small businesses to get ahead. We need to make sure that every small business can compete fairly with companies like Amazon that run giant marketplaces. And we need to make sure giant corporations pay their fair share.

  • Cracking Down on Private Equity Abuse: From hospitals to nursing homes to grocery stores, giant private equity companies are buying up businesses and institutions we rely on, raising prices, cutting services, and taking advantage of workers. We need to crack down on corporate vultures and pass the Stop Wall Street Looting Act to make sure private equity firms can’t leave workers high and dry.

  • Ending Corporate Welfare: This one is simple – no more tax breaks for multinational corporations that outsource jobs and exploit workers.

  • Cap Credit Card Interest Rates: Credit card companies and big banks are trapping Americans in a never-ending cycle of debt with outrageous interest rates. There’s bipartisan support to cap credit cards interest rates. It’s time for Congress to get the job done and pass this legislation. 

  • Capping Student Loan Rates and Expanding Free College: We’ve trapped a generation of students under crushing student loan debt. Public college should be tuition-free and interest rates on student loans should be capped. When Americans pursue higher education, our whole country and our whole economy are better off.