It sounded like the 1980s in Congress this week. Free trade and open markets were all the rage in a Senate Finance Committee hearing and a House Ways and Means Committee hearing with America’s top trade diplomat, Katherine Tai.
Black workers in Detroit have been “devastated” by globalization. A few Michigan steelworkers give the International Trade Commission an earful on offshoring in the latest series on how trade impacts local communities.
A House committee hearing on the FDA focused on diversity in clinical trials, fast approval for cancer drugs, and no word on foreign vs domestic generic pharmaceutical labs.
Sen. Tina Smith’s bill to provide $500 million in grants for domestic pharmaceutical manufacturers passes with flying colors and will be part of PREVENT Pandemics Act.
Hot wars, trade wars, and global pandemics all reveal how the U.S. economy has grown too dependent on foreign sources for key items needed for economic and national security.
The House Committee on Energy and Commerce discussed the future of electric vehicles, the infrastructure required to get them on the road, and deep concerns regarding energy security.