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Lawmaker introduces bill to reclaim congressional control over tariffs

Senate Committee on Finance · July 22, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

A lawmaker told the Senate Committee the administration's tariff policy has raised costs for families and businesses and introduced the "Congressional Trade Powers Reform Act" to require congressional approval for presidential tariffs and create an advisory committee.

A lawmaker told the Senate Committee on Finance that the Trump administration's trade agenda has fallen short of promises to lower costs, confront China and open markets for farmers and small businesses, and announced new legislation to curb presidential tariff authority.

"That's why today, I'm able to introduce the Congressional Trade Powers Reform Act," the lawmaker said, arguing the bill would "require congressional approval of any tariff proposed by the president" and establish an advisory committee so Congress can exercise oversight. The speaker said the proposal is intended to "restore consistency, reliability, and success" to U.S. trade policy.

The bill was introduced during the hearing but no vote or formal committee action was recorded in the provided transcript. After outlining the measure, the lawmaker invited the ambassador to testify and field questions, signaling the hearing would continue with witness testimony.