Jobs and Economy

Hawley Opens Investigation into FICO, Urges FTC to Investigate Company’s Price Hikes

WASHINGTON -- Today, Senator Josh Hawley (R-Mo.) sent a letter to the CEO of Fair Isaac Corporation (FICO), to inform the company of his investigation into FICO's pricing practices in the mortgage credit scoring market. Senator Hawley also wrote to Andrew Ferguson, Chairman of the Federal Trade Commission (FTC), urging his agency to also open an investigation into FICO. FICO's recent price increases are contributing to the problem of housing affordability, particularly for...

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Hawley Sends Letters to Fertilizer Producers, DOJ Demanding Answers for Recent Price Hikes

WASHINGTON -- Today, U.S. Senator Josh Hawley (R-Mo.) sent letters to five of the largest fertilizer producers as well as Attorney General Pam Bondi to ensure fertilizer companies are not engaged in price gouging or manipulating market conditions in the wake of the conflict in Iran. Senator Hawley sent letters to the CEOs of CF Industries Holdings Inc., Mosaic Co., Koch Fertilizer, Nutrien Ltd., and Yara International. Senator Hawley wrote, โ€œThere have, of...

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Hawley, Merkley Introduce Bipartisan Bill to Ban Wall Street from Buying Single-Family Homes

WASHINGTON -- Today, U.S. Senators Josh Hawley (R-Mo.) and Jeff Merkley (D-Ore.) introduced the Homes for American Families Act and an update of the HOPE for Homeownership Act, a comprehensive package to prohibit large institutional investors from buying up single-family homes. Their legislation is a response to the homeownership crisis in America, which has been exacerbated by deep-pocketed Wall Street investors flooding the housing market and purchasing homes....

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Hawley, Blumenthal Introduce Bill to Prevent Data Centers from Increasing Electricity Costs for Americansย 

WASHINGTON -- Today, U.S. Senators Josh Hawley (R-Mo.) and Senator Richard Blumenthal (D-Ct.) introduced the Guaranteeing Rate Insulation from Data Centers (GRID) Act to stop data centers from driving up energy costs. Over the last several years, data center construction has taken off, creating enormous strains on our energy infrastructure. And this AI-fueled boom shows no signs of slowing downโ€”in fact, data centersโ€™ demand for power is expected to double over the next...

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Hawley, Warren Introduce Bill to Break Up Big Medicine

WASHINGTON -- Senators Josh Hawley (R-Mo.) and Elizabeth Warren (D-Mass.) introduced the Break Up Big Medicine Act to address rampant consolidation in the healthcare industry that drives up prices, squashes competition, and hurts working people. โ€œAmericans are paying more and more for healthcare while the quality of care gets worse and worse. In their quest to put profits over people, Big Pharma and the insurance companies continue to gobble up every independent...

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Hawley Grills Netflix CEO for Promoting Transgender Ideology, Secures Commitment to Protect American Jobs

WASHINGTON -- Today, U.S. Senator Josh Hawley (R-Mo.) grilled Netflix CEO Ted Sarandos on Netflixโ€™s promotion of transgender ideology in its streaming content. He also secured a commitment from Netflix to protect American jobs in its proposed merger with Warner Bros. Relating to LGBTQ material on Netflixโ€™s platform, Senator Hawleyย asked,โ€œWhy does almost half of your childrenโ€™s program feature this highly controversial, highly sexualized material? That just seems...

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Hawley Introduces Bill to Create New Watchdog for Fraud Following Minnesota Revelations

WASHINGTON -- U.S. Senator Josh Hawley (R-Mo.) introduced the Special Inspector General for Program Fraud Act to root out fraud in child assistance programs. The legislation follows revelations that at least half of the $18 billion in federal funds allocated to social services in Minnesota since 2018 may have been subject to fraud. This new inspector general would complement the work of the assistant attorney general for fraud that was...

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Hawley Urges Congress to Pass His Legislation to Cap Credit Card Rates Following Trump Statement

WASHINGTON -- Today, U.S. Senator Josh Hawley (R-Mo.) renewed his push for Congress to pass his legislation to cap credit card interest rates for working Americans. This comes after President Donald Trump called for a 10% cap on predatory credit card interest rates over the weekend. โ€œPresident Trump is right: working Americans are drowning in record credit card debt while the biggest credit card issuers get richer and richer by hiking their interest rates to the moon....

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Hawley, Warner to Introduce Bipartisan Legislation Revealing Number of Jobs Lost to AI

WASHINGTON -- Today, U.S. Senators Josh Hawley (R-Mo.) and Mark Warner (D-Va.) announced they will introduce the AI-Related Job Impacts Clarity Act. This legislation would require major companies and federal agencies to report AI related layoffs to the Department of Labor to be compiled into a publicly available report.  โ€œArtificial intelligence is already replacing American workers, and experts project AI could drive unemployment up to 10-20% in the next...

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Hawley Doubles Down on Data Center Concerns in Response to State Legislator

WASHINGTON -- Today, Senator Josh Hawley (R-Mo.) responded to Cindy O'Laughlin, President Pro Tempore of the Missouri State Senate, after she wrote aletter to Senator Hawley calling his concerns for Missourians' rising utility costs "misleading."  He shot back at O'Laughlin, saying she "told me to stop asking questions about data centers and higher electricity rates. Not a chance." This comes after Senator Hawley sent a letter to Ameren...

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