Vice President Kamala Harris is set to deliver her first economic policy speech in Raleigh, North Carolina, where she is expected to advocate for a federal ban on price gouging to help lower grocery prices and everyday costs for Americans. This proposal is part of Harris' broader strategy to prevent corporations in the food and grocery sectors from unfairly raising prices on consumers.
As part of her initial 100 days in office, Harris plans to introduce measures aimed at keeping costs in check. This includes empowering the Federal Trade Commission and state attorneys general to investigate and penalize companies that breach the federal ban on price gouging. Additionally, resources will be allocated to identify instances of price-fixing, and support will be provided to small businesses to enable them to potentially compete with larger corporations.
The timing of Harris' policy speech is significant as the economy continues to be a key concern for voters. A recent poll revealed that while opinions are divided, with 51% of respondents expressing more trust in former President Donald Trump to manage the economy compared to 48% for Harris.
