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JEC Releases Report on Economic Risks, Need for Further Regulation of Digital Assets

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Tags: Economy

Today, the U.S. Congress Joint Economic Committee—led by Chairman Don Beyer (D-VA)—released a new report detailing the rise and fall of the digital asset market in 2021 and 2022 and the need for further protections to mitigate risks to everyday consumers and the U.S. financial system.   In the fall of 2021, the digital asset market reached a record-high $3 trillion…

Beyer Introduces JARED Act To Tighten Ethics Standards For Presidential Appointees

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Rep. Don Beyer (D-VA) yesterday introduced the Jumpstarting Accountability Relating to Ethical Disclosures (JARED) Act to tighten ethical standards for presidential appointees. The bill would prohibit former “political appointees from investing in or serving in a managerial role in an investment fund in which a foreign principal owns shares” within four years of their departure from…

New JEC Report Shows Immigration is Essential to U.S. Economic Strength

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The U.S. Congress Joint Economic Committee—led by Chairman Don Beyer (D-VA)—released a new report highlighting the significant contributions immigrants make to the U.S. economy and its recovery from the pandemic.  Among the report’s key findings:  Immigrants helped power the economic recovery. Foreign-born workers were hit disproportionately hard by the pandemic but…

Committee Members Beyer and Norcross Introduce Legislation To Establish And Clarify Space Situational Awareness Roles For Civilian Agencies

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Today, Chairman Don Beyer (D-VA) of the Subcommittee on Space and Aeronautics, along with Congressman Donald Norcross (D-NJ), introduced the Space Safety and Situational Awareness Transition Act of 2022. Space situational awareness (SSA) provides a foundation for understanding where space objects are now, predicting their future trajectories, and evaluating the risk of potential…

Beyer Statement On Tenth Anniversary Of Sandy Hook Elementary Shooting

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Rep. Don Beyer (D-VA) issued the following statement ten years after the mass shooting at Sandy Hook Elementary School in Newtown, Connecticut: “Ten years ago today we lost 20 children and six educators at Sandy Hook Elementary School. I’ll never forget how awful and shocking that day felt and still feels a decade later. “The unthinkable horror of that mass shooting changed minds and…

Beyer Statement On FBI Hate Crimes Data And Briefing

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Tags: Equality

Rep. Don Beyer (D-VA), author of the bipartisan Jabara-Heyer NO HATE Act, which was signed into law in 2021, today issued the following statement after receiving an FBI briefing in the Capitol yesterday on the FBI’s annual release of hate crime statistics compiled through the National Incident-Based Reporting System (NIBRS): “The FBI hate crimes data and the briefing which presented them…

Beyer Hails Historic Fusion Announcement

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Rep. Don Beyer (D-VA), founder and chair of the bipartisan Fusion Energy Caucus in the U.S. House today celebrated the announcement by the U.S. Department of Energy (DOE) of the first ever net energy gain and first ever fusion ignition from a human-controlled fusion energy reaction in history. The long-sought breakthrough came in a December 5 experiment at Lawrence Livermore National…

JEC Chairman on November CPI Release

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Tags: Economy

Congressman Don Beyer (D-VA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Bureau of Labor Statistics reported that monthly Consumer Price Index (CPI) inflation slowed to 0.1% on a seasonally adjusted basis in November and annual inflation slowed to 7.1%, down from 7.7% in October. Core inflation, which excludes volatile food and…

House Passes Beyer Legislation To Rename Arlington Post Office After Letter Carrier Jesus Collazos

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The U.S. House today passed legislation introduced by Rep. Don Beyer (D-VA) to rename the post office in Arlington on George Mason Drive (currently designated “Arlington Post Office”) after local letter carrier Jesus Collazos. The bill passed without objection on a voice vote. Collazos immigrated to Northern Virginia from Colombia in 1978 and worked for 25 years as a USPS postal…