Economy Taxes and Trade
Sherman Discusses the Impact of the Pending Korea Free Trade Agreement
Sherman Debates the Impact of Korea Free Trade Agreement on US Workers
Sherman Testifies before U.S.-China Commission on our Harmful Trade Relationship with China
More on Economy Taxes and Trade
Washington, D.C. – Late last night the House and Senate passed a major provision of Congressman Brad Sherman (D-Sherman Oaks) and Congressman Brian Fitzpatrick’s (R-PA) H.R. 6789, the Access to Credit for Small Businesses Impacted by the COVID-19 Crisis Act, as included in H.R. 133, legislation to fund the federal government and provide over $900 billion in emergency assistance.
WASHINGTON – Today, Congressman Brad Sherman (D-Sherman Oaks), U.S. Senator Chris Van Hollen and Congressman Anthony Gonzalez (R-Ohio) released the following statements regarding the signing of their bipartisan Holding Foreign Companies Accountable Act into law.
Washington, D.C. – Today Congressman Brad Sherman (D-Sherman Oaks) and Financial Services Committee Chairwoman Maxine Waters (D-CA) introduced the Safeguarding Elections by Countering Unchallenged Russian Efforts (SECURE) Act, a bill to end Russian interference in U.S. elections. While the Trump administration has acknowledged that the Russian government has interfered in past U.S. elections, and is working to interfere in the current 2020 election, it has taken no meaningful action to punish Russia for this activity.
Washington, D.C. – Congressman Brad Sherman (D-Sherman Oaks), who is also Chair of the House Financial Services Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets, introduced legislation which directs the SEC to put in place new rules to require public companies to disclose their risks and exposures to pandemics at the outset of any new outbreak. This bill, the Pandemic Disclosure Act, contains disclosure requirements which would only be triggered when the World Health Organization declares that a health event has become a pandemic.
Washington, D.C. – Congressman Brad Sherman (D-Sherman Oaks), who is also Chair of the House Financial Services Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets, has introduced legislation to temporarily waive certain mortgage underwriting requirements that call for a new in-home appraisal to be completed for a mortgage to be eligible for a federal program or to be guaranteed by Fannie Mae or Freddie Mac. The current coronavirus outbreak makes it imperative that individuals limit their contact with one another as much as possible.
Washington, DC – Congressman Brad Sherman, CPA and former head of the nation’s second largest tax agency, today reintroduced the Tax Filing Simplification Act to ease the tax filing process for millions of American taxpayers and reduce their costs. Sherman’s bill is a companion to legislation reintroduced today by Senator Elizabeth Warren (D-MA).
Washington, D.C. – Today, Congressman Brad Sherman (D-CA) released the following chart that demonstrates how Democratic tax policies produce stronger economic growth than Republican tax policies.
“The GOP wants Americans to believe its tax plan will jumpstart the economy, but the numbers simply prove them wrong,” said Rep. Sherman.
Washington, D.C. – Today, Congressman Brad Sherman (D-Sherman Oaks) announced his intention, along with Senator Elizabeth Warren (D-Massachusetts), to introduce legislation to eliminate so-called ‘right-to-work’ laws.
Sherman has introduced this legislation in the past five Congresses. In the 114th Congress, Sherman introduced the bill in July 2016 with 48 House cosponsors. Sherman consistently earns a 100 percent rating from the AFL-CIO.
Washington DC – Following urging from Congressman Brad Sherman (D-Sherman Oaks), the Small Business Administration (SBA) made businesses near Porter Ranch eligible for Economic Injury Disaster Loans. The natural gas leak in the Aliso Canyon storage facility, run by the Southern California Gas Company (SoCalGas), is the largest known gas leak in U.S. history, displacing over 4,000 families and hurting local businesses.
Washington DC –The Policyholder Protection Act introduced by Congressman Bill Posey (R-FL) and Congressman Brad Sherman (D-CA) passed the House.