WASHINGTON, DC – U.S. Senator Jacky Rosen (D-NV) joined Senate colleagues in a letter calling on the Federal Trade Commission (FTC) to investigate and stop corporations that may be using Donald Trump’s tariffs as a cover to raise prices on all goods, regardless of whether they are actually subject to new tariffs, and increase prices above and beyond what is necessary to cover any additional costs. In June 2025, the Federal Reserve Bank of New York released new survey results showing that “a significant share” of companies raised prices of goods and services that are not subject to tariffs.
“This Administration’s reckless approach to trade is spiking costs for small businesses and creating opportunities for billion-dollar companies to grow their profits and take advantage of consumers,” wrote the lawmakers. “The FTC should be utilizing its full authority to prevent these unfair practices.”
Senator Rosen has helped lead the fight opposing Trump’s reckless tariffs and defending consumers. She helped introduce the Tariff Transparency Act, which would require the U.S. International Trade Commission to study and publicly report on the economic effects of tariffs on Canada and Mexico– key trading partners for Nevada industries. She’s also repeatedly pushed back against price gouging, calling on the DOJ to curb price gouging at the gas pump and in the housing market.
###
