Vice President Kamala Harris is set to deliver her first economic policy speech in Raleigh, North Carolina, where she is expected to propose a federal ban on price gouging to reduce grocery prices and everyday costs for Americans. This initiative is part of Harris' broader plan to address high costs and inflation by preventing corporations in the food and grocery industries from unfairly raising prices on consumers.
As part of her initial 100 days in office agenda, Harris aims to empower the Federal Trade Commission and state attorneys general to investigate and penalize companies that violate the proposed federal ban. Additionally, resources will be allocated to detect price-fixing activities, and support will be provided to small businesses to foster competition against larger corporations.
