Schumer’s Legacy is On the Line

December 16, 2022 Press Release

Washington, D.C. — The American Economic Liberties Project released the following statement as Senate leadership negotiates a legislative framework for the omnibus spending bill.

“Senator Schumer’s legacy as Majority Leader will be defined by whether he succeeds in putting the well-being of working people, honest businesses, and American democracy over the corrupting influence of Big Tech and other corporate monopolies,” said Sarah Miller, Executive Director of the American Economic Liberties Project. “Dozens of bipartisan hearings over the last two years have detailed the broad range of harms Big Tech and monopoly power cause: the systematic abuse of working people and small businesses, the collapse of independent local journalism, the manipulation and surveillance of children, the unfair barriers to innovation and upward mobility, and the erosion of democracies around the world. With support from the White House and extensive bipartisan cooperation to advance important bills that would reassert Congress’s authority over monopolies like Google and Amazon, Senator Schumer’s legacy as Majority Leader is on the line.”

Learn more about Economic Liberties here.

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The American Economic Liberties Project works to ensure America’s system of commerce is structured to advance, rather than undermine, economic liberty, fair commerce, and a secure, inclusive democracy. Economic Liberties believes true economic liberty means entrepreneurs and businesses large and small succeed on the merits of their ideas and hard work; commerce empowers consumers, workers, farmers, and engineers instead of subjecting them to discrimination and abuse from financiers and monopolists; foreign trade arrangements support domestic security and democracy; and wealth is broadly distributed to support equitable political power.