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Ranking Member Mr. Raskin Condemns Economic Pain, Urges Antitrust Oversight
Summary
Ranking Member Mr. Raskin used his opening statement to link rising prices, cuts to social programs and alleged antitrust enforcement failures to an affordability crisis, and he urged the committee to oversee recent antitrust settlements and exemptions.
Ranking Member Mr. Raskin opened the House Committee hearing by saying a "majority of Americans feel like they're getting priced out" and warned that rising costs for food, housing and energy are forcing many families to skip meals or basic medical care. He said "around 82 million people, are skipping meals or basic health care in order to pay for utilities."
Mr. Raskin framed the problem as the product of administration policy and corporate concentration. He said prices for food staples rose in 2025 and that "whether you rent or own housing is becoming more unaffordable for the working middle class." He also said gas prices "have shot up 25%" in recent months and tied that increase to U.S. military action and disruptions in shipping routes.
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