Economy Taxes and Trade

Congressman Sherman will soon introduce the No U.S. Oil Exports During Iran War Act to protect American consumers from rising energy costs and economic instability amid the war with Iran.

Congressman Brad Sherman and Senator Elizabeth Warren (D-MA), along with Reps. Beyer (D-VA), Hoyer (D-MD), Chu (D-CA), Pocan (D-WI) and Senators Wyden (D-OR) and Coons (D-DE) led 160 lawmakers in both the House and Senate in introducing the Direct File Act to provide millions of Americans with a free and easy tax filing option.

Congressman Brad Sherman announced that over $12 million in federal funds for projects in the San Fernando Valley and parts of the Westside have been included in legislation signed into law.

The House Financial Services Committee voted to advance Congressman Brad Sherman’s bipartisan Access to Small Business Investor Capital Act that will help small and mid-sized businesses across the country access more capital.

At a recent House Financial Services Committee hearing, Congressman Brad Sherman pressed U.S. Treasury Secretary Scott Bessent to oppose U.S. tax breaks for those who invest in China.

Congressman Sherman statement on the Trump Administration issuing multiple Executive Orders targeting individual law firms that have in the past represented clients opposing the administration or that have employed lawyers involved in investigations against President Trump and his billionaire friends.

Congressman Brad Sherman, Congressman Huizenga (R-MI), Congressman Garbarino (R-NY) and Congresswoman Bynum (D-OR) re-introduced the bipartisan Access to Small Business Investor Capital Act, which makes a narrow technical correction to a federal securities rule that has had major unintended consequences over the last two decades.