Skip to Content

Economy

Chairman Beyer on February CPI Data

| Posted in Press Releases
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 the February Consumer Price Index rose 0.8% on a seasonally adjusted basis, up from January’s 0.6%. As broader inflation had begun to moderate, Russia’s military buildup at the Ukrainian border and the unprovoked…

Chairman Beyer Applauds President Biden’s Executive Order on Digital Assets

| Posted in Press Releases

Today, Congressman Don Beyer (D-VA), Chairman of the U.S. Congress Joint Economic Committee (JEC) and author of the Digital Asset Market Structure and Investor Protection Act, released the following statement after President Biden signed an Executive Order outlining, for the first time, a whole-of-government approach to mitigating the risks and leveraging the potential benefits of digital…

Beyer Introduces Gender Parity Legislation On International Women's Day

| Posted in Press Releases

U.S. Representative Don Beyer (D-VA), Chair of Congress’ Joint Economic Committee, introduced legislation today to encourage gender parity in positions of corporate leadership. Beyer’s House resolution, introduced with House Committee on Oversight and Reform Chairwoman Rep. Carolyn Maloney (D-NY) on International Women’s Day, would express “the sense of the House of Representatives that…

Chairman Beyer on February Jobs Day Data

| Posted in Press Releases
Tags: Economy

Today, 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 (BLS) reported that nonfarm payroll employment increased by 678,000 in February and the unemployment rate declined to 3.8%. The unemployment rate was 6.6% for Black workers, 4.4% for Hispanic workers, 3.1% for Asian…

'Den of Abuse': Should Dan Snyder Pay for New Washington Stadium? Lawmakers Have An Answer

| Posted in Articles
Tags: Economy

Originally published on Sports Illustrated Dan Snyder, owner of the Washington Commanders, has done a lot of things. Some of the ones we know about are negative.  But if a new bill proposed by federal lawmakers comes to fruition, there could be a silver lining on the way.    Representatives Don Beyer of Virginia, Earl Blumenauer of Oregon, and Jackie Speier…

Speier, Blumenauer, Beyer Introduce Bill to End Tax-Free Status of Stadium Bonds for Professional Sports Stadiums

| Posted in Press Releases
Tags: Economy

Today, Congresswoman Jackie Speier (D-CA), co-chair of the Democratic Women’s Caucus and member of the Oversight Committee; Congressman Earl Blumenauer (D-OR), member of the Ways and Means Committee; and Congressman Don Beyer (D-VA), Chairman of the Joint Economic Committee, co-led the introduction of the No Tax Subsidies for Stadiums Act of 2022, which would end the tax-exempt status of…

Lawmakers Introduce Bill to Eliminate Subsidies for Pro Stadium Construction, Citing in Part Washington Commanders Probe

| Posted in Articles
Tags: Economy

Originally published in: ESPN The investigation into the Washington Commanders' workplace -- and the NFL's response -- served as an impetus for a bill introduced in Congress aimed at eliminating subsidies for professional stadiums. Three members of Congress -- Reps. Jackie Speier (D-Calif.), Don Beyer (D-Va.) and Earl Blumenauer (D-Ore.) -- introduced a bill on Tuesday that would…

Lawmakers seek to end lucrative tax breaks for pro stadium construction

| Posted in Articles

Originally published on The Washington Post. Allegations of widespread sexual harassment in the Washington Commanders workplace and dissatisfaction with the NFL’s response have revived congressional interest in eliminating a lucrative tax break that professional sports teams routinely use to help fund new stadiums. On Tuesday, Reps. Earl Blumenauer (D-Ore.), Jackie Speier…

Chairman Beyer on January Jobs Day Data: “Today’s data blew expectations out of the water”

| Posted in Press Releases

Today, 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 (BLS) reported that nonfarm payroll employment increased by 467,000 in January and the unemployment rate was steady at 4.0%. The unemployment rate was 6.9% for Black workers, 4.9% for Hispanic workers, 3.6% for Asian…

Chairman Beyer on House Passage of America COMPETES Act

| Posted in Press Releases

Today, Congressman Don Beyer (D-VA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the House passed the America COMPETES Act (H.R. 4521). The Senate’s companion bill, the U.S. Innovation and Competition Act, passed with overwhelming bipartisan support in June 2021. “Manufacturing has long been a core strength of the American economy,…