The Joint Economic Committee – Minority today released a new report finding that a typical American family paid $310 more for groceries during President Trump’s first year in office compared to 2024. These price increases contradict Trump’s statement this week that “grocery prices are starting to go rapidly down,” and his pledge on the campaign trail that “a vote for Trump means your groceries will be cheaper.”
Dec 23 2025
SCAMS ALERT: BIPARTISAN LEADERS OF THE JOINT ECONOMIC COMMITTEE WARN CONSUMERS ABOUT HOLIDAY TRAVEL SCAMS
U.S. Senator Maggie Hassan (D-NH), Ranking Member of the Joint Economic Committee, Committee Chairman David Schweikert (R-AZ), Committee Vice Chairman Eric Schmitt (R-MO), and Committee Senior House Democrat Don Beyer (D-VA) issued a bipartisan alert to consumers about the risk of travel scams ahead of the holiday travel season, which is expected to be the busiest ever.
Dec 11 2025
NEW: AMERICAN FAMILIES HAVE ALREADY PAID NEARLY $1,200 EACH IN TARIFF COSTS SINCE TRUMP ENTERED OFFICE
The Joint Economic Committee – Minority today released a new report estimating that American families have already paid nearly $1,200 each in tariff costs since President Trump took office.
The Joint Economic Committee – Minority released a new report today showing the ways in which declining Canadian tourism is harming American businesses in every state along the U.S.-Canada border.
U.S. Senator Maggie Hassan (D-NH), Ranking Member of the Joint Economic Committee, released an alert warning consumers about Black Friday and Cyber Monday scams.
Nov 13 2025
NEW DATA: UNDER TRUMP, FAMILIES HAVE ALREADY SPENT AN AVERAGE OF $700 MORE DUE TO INFLATION
The Joint Economic Committee – Minority released a new report finding that the average U.S. household has already spent $700 more in the first eight months under President Trump.
Read the full report here.
The Joint Economic Committee – Minority released a new report demonstrating the harmful effects of President Trump’s tariffs and the ensuing economic uncertainty on middle class jobs in particular. The report outlines the hollowing out of middle class jobs, decline in overall job growth, and spike in continued unemployment claims following Trump’s reciprocal tariff announcements.
Aug 18 2025
Uncertainty From Trump’s Tariffs Derails U.S. Manufacturing in Both the Short and Long Term
The Joint Economic Committee – Minority released a new report today finding that the economic uncertainty stemming from President Trump’s tariffs has already directly harmed the U.S. manufacturing sector and could cost the U.S. more than $490 billion in manufacturing investments by 2029.
WASHINGTON – As part of her ongoing effort to measure the impact of President Trump’s steel and aluminum tariffs on grocery costs, Joint Economic Committee Ranking Member Hassan (D-NH) is requesting information from Amazon about the impact of tariffs on prices. Her inquiry to Amazon follows recent reporting that Amazon has raised prices on more than 1,200 basic household and grocery items since the beginning of the Trump administration.
Ranking Member Hassan wrote, “High grocery prices are a top economic concern for Americans, and experts state that tariffs could significantly increase the cost of canned foods. Experts have also noted potential impacts from tariffs on the costs of shelving, equipment, transportation, and other inputs that grocery stores and their suppliers need to operate, which, in turn, could also lead to higher food prices for customers.”
Ranking Member Hassan also pointed out Amazon’s unique and substantial role in the grocery retail market: “As Amazon is the second-largest employer and the second-largest digital grocery retailer in the United States, information from your company can help Congress and the American people assess food cost increases for consumers, as well as the related consequences for employment and businesses in the grocery supply chain.”
Ranking Member Hassan wrote, “High grocery prices are a top economic concern for Americans, and experts state that tariffs could significantly increase the cost of canned foods. Experts have also noted potential impacts from tariffs on the costs of shelving, equipment, transportation, and other inputs that grocery stores and their suppliers need to operate, which, in turn, could also lead to higher food prices for customers.”
Ranking Member Hassan also pointed out Amazon’s unique and substantial role in the grocery retail market: “As Amazon is the second-largest employer and the second-largest digital grocery retailer in the United States, information from your company can help Congress and the American people assess food cost increases for consumers, as well as the related consequences for employment and businesses in the grocery supply chain.”