Harris Proposes Federal Ban on Price Gouging

In her first major policy address as the Democratic presidential nominee, Kamala Harris proposed a federal ban on price gouging in the food industry, aiming to alleviate economic pressures on American families facing rising costs. Her comprehensive economic plan also includes support for first-time homebuyers and tax incentives for affordable housing, while she reaffirms commitments to lower prescription drug prices. Facing criticism from Donald Trump, who claims Harris embodies a 'radical California liberal' approach detrimental to the economy, Harris seeks to address inflation that has seen grocery prices rise by 21% under the Biden-Harris administration. Although inflation has eased recently, it remains a primary concern for many voters, with 41% indicating it as their family’s biggest financial issue. Harris's proposals aim to establish regulations to prevent corporations from exploiting consumers, with the Federal Trade Commission and state attorneys general empowered to enforce compliance. As she prepares to accept her nomination at the Democratic National Convention, Harris's agenda is designed to resonate with voters in battleground states grappling with high living costs.