May 12, 2022 15:37 GMT
House Speaker Pelosi (D-CA) has told journalists that the House of Representatives will consider legislation to stop oil corporations from price gouging next week.
- Pelosi says the measure is aimed at preventing 'major exploitation of the consumer' and cited record profits for oil and gas companies as justification.
- Pelosi: 'Price gouging needs to be stopped...the Putin tax cut hike at the pump is part of this.'
- Heather Caygle of Punchbowl News: 'Speaker Pelosi has been working the gas price gouging and food prices bills hard this week, lining up her caucus to support those And Leader Hoyer was aggressive in his weekly chairs meeting yesterday, telling chairmen they needed to get moving on a list of Frontliner priorities.'