Hearing on the Impact of Corporate Power on Workers and Consumers

Date: 
Wednesday, April 6, 2022 - 12:00pm

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Hearing Focused on How an Imbalance of Power Between Employers and Workers Leads to Economic Disparities


WASHINGTON – On Wednesday, April 6, 2022, at 12:00 pm ET, Congressman Jim Himes (CT-04), Chairman of the U.S. House Select Committee on Economic Disparity and Fairness in Growth, held a hybrid hearing examining how power concentration leads to greater economic disparities for employees and consumers alike. During this hybrid hearing, "(Im)Balance of Power: How Market Concentration Affects Worker Compensation and Consumer Prices,” Select Committee Members had the opportunity to discuss the adverse economic impacts of limited bargaining power and underscore how corporate power imbalances can harm private sector competitiveness and worker protections, as well as highlight initiatives to level the playing field between employers and workers.


WHO:

  • Chairman Jim Himes (CT-04)
  • Ranking Member Bryan Steil (WI-01)
  • Select Committee Members
  • Dr. Kate Bahn, Chief Economist, Washington Center for Equitable Growth  (Written Testimony)
  • Dr. Heidi Shierholz, President, Economic Policy Institute  (Written Testimony)
  • Mr. Michael Mitchell, Director of Policy and Research, Groundwork Collaborative  (Written Testimony) 
  • Dr. Hal Singer, Managing Director, Econ One Research  (Written Testimony)
  • Mr. Ryan Bourne, R. Evan Scharf Chair for the Public Understanding of Economics, Cato Institute  (Written Testimony)


Download the Majority Policy Memo
 

117th Congress