04/02/2025 | Press release | Distributed by Public on 04/02/2025 16:11
Washington, DC - Today, Congresswoman Janelle Bynum (OR-05) released the following statement after President Trump announced additional tariffs today, which represent the largest increase in taxes in US history:
"Our families can't afford to pay more for groceries, gas, repairs to their cars, or any other everyday item. Today's announcement is yet another reckless decision by a reckless Administration that is making it extremely clear they don't give a rat's a** about the American people.
"I won't sit by and watch as Donald Trump raises prices, crashes our economy and stock market, and makes life harder for Oregonians. That's why I introduced the Protecting Families from Inflation Act to lower costs for families and small businesses. I'll always fight to make life more affordable for my constituents."
Background
Last week, Congresswoman Bynum introduced the Protecting Families From Inflation Actto lower costs for families. The bill would require the Federal Reserve to examine the impact that tariffs have on inflation faced by consumers and small businesses.
Despite President Trump pledging to end inflation "on Day 1," costs have continued to increase and his tariffs are making things worse - and crashing the stock market in the process. In her oversight role of the Federal Reserve through the Financial Services Committee, Rep. Bynum is working to fight against these reckless taxes on everyday goods and lower costs for the American people.
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