{"id":1475936,"date":"2022-05-15T14:44:45","date_gmt":"2022-05-15T18:44:45","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1475936"},"modified":"2022-05-15T14:44:49","modified_gmt":"2022-05-15T18:44:49","slug":"watch-pelosi-pressed-on-what-democrats-are-doing-to-slow-down-skyrocketing-inflation","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/watch-pelosi-pressed-on-what-democrats-are-doing-to-slow-down-skyrocketing-inflation\/","title":{"rendered":"WATCH: Pelosi Pressed On What Democrats Are Doing To Slow Down Skyrocketing Inflation"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fwatch-pelosi-pressed-on-what-democrats-are-doing-to-slow-down-skyrocketing-inflation%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1475936&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div><img decoding=\"async\" src=\"https:\/\/dw-wp-production.imgix.net\/2020\/07\/Pelosi-1-scaled.jpg?w=1200&#038;h=800&#038;ixlib=react-9.3.0\" class=\"ff-og-image-inserted\" alt=\"image\" \/><\/div>\n<p>House Speaker Nancy Pelosi (D-CA) was pressed during a Sunday interview about what Democrats can do to lower skyrocketing inflation rates between now and the upcoming midterm elections.<\/p>\n<p>When asked about the matter by George Stephanopoulos on ABC\u2019s \u201cThis Week,\u201d Pelosi appeared to pin some of the blame on Russian President Vladimir Putin\u2019s invasion of Ukraine.<\/p>\n<p>Pelosi talked about a new proposal, describing it as the U.S. Competition Act of 2022, which she claimed would address supply chain issues that are contributing to higher prices.<\/p>\n<p>\u201cThis week we will have on the floor of the House, legislation for market manipulation and how companies are \u2014 we need to have a bright light of transparency on how companies are making big profits at the expense \u2014 and this is in the energy sector, at the expense of the consumer,\u201d she added. \u201cAnd we also are having same kind of hearings in appropriate \u2014 in the Agriculture Committee on how we can increase competition, again, so that we can lower food prices.\u201d<\/p>\n<p>WATCH:<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">On inflation, Pelosi says House will bring legislation to the floor this week to combat market manipulation in energy sector. <\/p>\n<p>\u201cWe need to have a bright light of transparency on how companies are making big profits at the expense\u2026of the consumer.\u201d <a href=\"https:\/\/t.co\/1b57kQX9XM\">https:\/\/t.co\/1b57kQX9XM<\/a> <a href=\"https:\/\/t.co\/7z6yOnKyub\">pic.twitter.com\/7z6yOnKyub<\/a><\/p>\n<p>\u2014 This Week (@ThisWeekABC) <a href=\"https:\/\/twitter.com\/ThisWeekABC\/status\/1525845553707466752?ref_src=twsrc%5Etfw\">May 15, 2022<\/a><\/p>\n<\/blockquote>\n<p>TRANSCRIPT PROVIDED VIA <a href=\"https:\/\/abcnews.go.com\/Politics\/week-transcript-15-22-speaker-nancy-pelosi-ukrainian\/story?id=84719384\">ABC NEWS<\/a>:<\/p>\n<blockquote>\n<p><em>STEPHANOPOULOS: Let\u2019s talk about inflation right now. This is something on the minds of all Americans. It\u2019s certainly going to be working against Democrats heading into the midterms. Is there anything you can do between now and November to bring prices down?<\/em><\/p>\n<p><em>PELOSI: Well, first, if I just may, on this weekend we were sadly observing the 1 millionth \u2014 the death of 1 million people from COVID. The sadness in our country, a million people dying, and we have to do something more about that. And we\u2019re hoping that our Republican colleagues\u2026<\/em><\/p>\n<p><em>STEPHANOPOULOS: Legislation is stalled in the House right now.<\/em><\/p>\n<p><em>PELOSI: Well, it\u2019s not stalled in the House.<\/em><\/p>\n<p><em>STEPHANOPOULOS: The Senate, excuse me.<\/em><\/p>\n<p><em>PELOSI: It\u2019s stalled in the Senate. Let\u2019s put it that way. So we value all of us, and this, what happened last night was an assault on community, community safety and the rest as well as COVID undermining communities in such a way. OK. Let\u2019s talk about inflation. First of all, a few things. Inflation, what \u2014 what causes inflation? One is when unemployment goes down, inflation goes up. That\u2019s not anything to accept. When wages go up, inflation goes up. That\u2019s one. When supply goes down, cost goes up. So supply is affected by COVID and supply chain problems that we have because of COVID, and also because of the war in Ukraine. Now I don\u2019t \u2014 there is a Putin price hike at the pump. Not all of it to him, but a large part of it.<\/em><\/p>\n<p><em>So what can we do? Well, we \u2014 this past week we\u2019ve introduced within our conference a bipartisan actually friendly conference, our U.S. Competition Act of 2022. I don\u2019t know if that will be the title. That\u2019s always a debate, but it will address supply chain. It\u2019s very important to make America independent and self-sufficient so that we\u2019re not as dependent on product coming from overseas, whether it\u2019s because of COVID or whatever else. But also because of not having shared values. So holding up our supply for reasons \u2014 using that leverage on us.<\/em><\/p>\n<p><em>So this is very important. First part of the bill we\u2019ll have $52 billion for chips. Chips are essential to our manufacturing here. Chips and semiconductors. The next part of it, $40-some billion are for supply chain concerns specifically, and the rest is about education and research, et cetera. So, again, this will help bring it down. We also this week \u2014 no, that was last week, and we\u2019re working on that now, and this week we will have on the floor of the House, legislation for market manipulation and how companies are \u2014 we need to have a bright light of transparency on how companies are making big profits at the expense \u2014 and this is in the energy sector, at the expense of the consumer. And we also are having same kind of hearings in appropriate \u2014 in the Agriculture Committee on how we can increase competition, again, so that we can lower food prices.<\/em><\/p>\n<\/blockquote>\n<p><strong>RELATED: <a href=\"https:\/\/www.dailywire.com\/news\/pelosi-we-have-babies-crying-in-our-country-because-theyre-hungry-and-the-shelves-are-bare\">Pelosi: \u2018We Have Babies Crying In Our Country Because They\u2019re Hungry And The Shelves Are Bare\u2019<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>House Speaker Nancy Pelosi (D-CA) was pressed during a Sunday interview about what Democrats can do to lower skyrocketing inflation rates between now and the upcoming midterm elections.When asked about<\/p>\n","protected":false},"author":134,"featured_media":1483081,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1475936","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1475936","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/134"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1475936"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1475936\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1483081"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1475936"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1475936"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1475936"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}