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. – 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. – On the 10th anniversary of the Wall Street bailout, Congressman Brad Sherman (D-CA) and Senator Bernie Sanders (I-VT) announced their plan to reintroduce the Too Big to Fail, Too Big to Exist Act, in the House and Senate respectively. Under the legislation, any institution that is too big to fail will be broken up and reorganized to avoid more government bailouts and future risk to the economy.
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.
Washington DC –The Policyholder Protection Act introduced by Congressman Bill Posey (R-FL) and Congressman Brad Sherman (D-CA) unanimously passed the House Financial Services committee by a vote of 57-0.
Washington DC - Congressman Sherman (D-Sherman Oaks) issued the following statement:
“I am thrilled that Los Angeles will be the American city bidding for the 2024 Olympics.”