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Economy

Beyer Opposes Crypto Tax Bill: “Crypto Industry Has Been Weaponized To Corrupt Our Presidency”

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Tags: Economy

Rep. Don Beyer (D-VA), the Senior House Democrat on Congress’ Joint Economic Committee and a member of the House Ways and Means Tax Subcommittee, delivered the following remarks yesterday during the Ways and Means Committee’s markup of crypto tax legislation, the Digital Asset Tax Certainty Act, explaining his vote against the measure: Thank you, Mr. Chairman. I truly appreciate you…

Beyer: This Bill Would Do More Harm Than Good For America And For Ukraine

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Rep. Don Beyer (D-VA), the Senior House Democrat on Congress’ Joint Economic Committee and a member of the House Ways and Means Subcommittee on Trade, delivered a stark warning against the Lindsey O. Graham Sanctioning Russia And Iran Act during floor debate on the measure ahead of a final vote this afternoon. His remarks as delivered follow below, and video is available here. “Mr.…

Beyer, Meeks, Neal Statement On Russia Sanctions Legislation

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Rep. Don Beyer, Senior House Democrat of Congress’ Joint Economic Committee, Rep. Gregory Meeks, Ranking Member of the House Committee on Foreign Affairs, and Rep. Richard Neal, Ranking Member of the House Committee on Ways and Means today issued the following statement after Republican leadership scheduled the Lindsey O. Graham Sanctioning Russia And Iran Act for a vote in the House next…

Democratic Leaders Release Statement Urging White House Not to Wait to Restart Stalled Russia Sanctions

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Representatives Don Beyer (D-VA-08), Senior House Democrat on the Joint Economic Committee, Gregory Meeks (D-NY-05), Ranking Member of the House Committee on Foreign Affairs, and Richard Neal (D-Mass.-01), Ranking Member of the House Ways and Means Committee, and U.S. Senators Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, and Ron…

Beyer Denounces Trump’s Idiotic Trade Attack On Canada

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Tags: Economy

Rep. Don Beyer (D-VA), the Senior House Democrat on Congress’ Joint Economic Committee and a member of the House Ways and Means Subcommittee on Trade, issued the following statement today after President Trump imposed massive new tariffs on Canada: “Trump’s trade war with Canada is doing lasting damage to one of our oldest and most important strategic alliances. It may take years to fix…

Beyer: President Trump’s Policies are Doing Serious Damage to the American Economy

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Tags: Economy

U.S. Representative Don Beyer, Senior House Democrat on the Joint Economic Committee, today issued the following statement after the U.S. Bureau of Labor Statistics (BLS) released its July 2026 jobs report, which found that the U.S. economy lost 23,000 jobs in July with previous job gains in May and June revised down by a combined 103,000 lower than previously reported. While…

Beyer, Meeks Reiterate Concerns on Senate Passage of Russia Sanctions Bill

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U.S. Representatives Don Beyer (D-VA), Senior House Democrat on the Joint Economic Committee, and Gregory W. Meeks, Ranking Member of the House Foreign Affairs Committee, today issued the following statement upon Senate passage of the Lindsey O. Graham Sanctioning Russia Act of 2026:  “While we do not doubt the good intentions of our Senate colleagues’ work on…

Beyer Introduces Bill to Reduce Homebuilding Costs and Improve Housing Affordability

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Tags: Economy

U.S. Representative Don Beyer (D-VA), a member of the House Ways and Means Committee which has jurisdiction over U.S. trade policy, today introduced the Homebuilding Materials Tariff Relief Act to eliminate the Trump Administration’s tariffs on a series of critical products used in home construction and bring down the cost of housing.  “Rather than lowering costs for American…

Beyer Statement On Trump Tariff Announcement

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Rep. Don Beyer (D-VA), the Senior House Democrat on Congress’ Joint Economic Committee and a member of the House Ways and Means Subcommittee on Trade, issued the following statement today after President Trump announced new 10 to 12.5 percent tariffs on dozens of countries, including key U.S. trading partners: “If President Trump wanted to raise our prices and run our economy into…

New Dem Trade & Tariffs Task Force Chair Don Beyer Slams Declaration to Withdraw from USMCA, Urge Strengthening of Trilateral Agreement through Joint Review

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Tags: Economy

Today, New Democrat Coalition Trade & Tariffs Task Force Chair Don Beyer (VA-08) issued a statement on the start of the joint review process of the United States-Mexico-Canada Agreement (USMCA) urging Trump Administration officials to maintain and build on the seminal trade agreement rather than withdraw and throw the U.S. and regional economy into chaos. The failure to renew the…