Episode 1455 • • 1:24:39 - 1:27:52
1455: Systemic Rivals
Elizabeth Warren, Price Gouging Prevention Act, Market Shocks
Senator Elizabeth Warren introduced the Price Gouging Prevention Act of 2022, which seeks to prohibit "unconscionable" price increases during exceptional market shocks. The bill would grant the FTC and state attorneys general the power to enforce price controls on companies with over $1 billion in revenue, a move critics say will lead to increased bureaucracy and failure.