Vice President Harris Set to Propose First-Ever Federal Ban on 'Corporate Price-Gouging.' Here's What to Expect from Her Economic Plan

2024-08-15 156

Vice President Kamala Harris will propose the first-ever federal ban on "corporate price-gouging" in the food industry as part of her presidential campaign platform. Harris also plans to increase scrutiny of potential mergers between large supermarkets and food producers to prevent price increases. Harris will unveil proposals to lower prescription drug and housing costs where corporations have exercised pricing power.  The plan draws on the Biden administration's initiatives to promote consumer protections and block anti-competitive mergers. Harris has eliminated Trump's lead in national and swing state polls but still trails on perceptions of economic leadership.

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