Chuck Grassley

This administration has dramatically missed inflation for two years in a row.

Clearly, we aren't going to be able to tax our way out of the current fiscal mess.

I'm going to start with Mr. Mangual. Last year, I held a field hearing in Iowa for the Drug Caucus that I co-chair with Chairman Whitehouse.

Unfortunately, President Biden and Senate leadership are uninterested in getting back to regular order, or addressing our dire fiscal outlook.

Adopting a budget was once considered an essential part of good governance. Now it's barely an afterthought.

Needless to say things must change.

The delayed process postpones--in other words when appropriators and authorizers can commence hearings to review agency spending.

I think this hearing comes at a critical time because of Russia's influence on the world's supply of grain.

This plan aims to permanently conserve 30 percent of our country's lands and waters by 2030.

All the while the Biden administration is taking action to take more American farmland out of production.

FMI thanks Chairwoman Cantwell and Sen. Grassley for championing the PBM Transparency Act.

The Cantwell-Grassley PBM Transparency Act directs the FTC to end well-known and documented PBM practices that drive up consumer costs.

PBMs are blocking a cheaper product.

I've hauled Big Pharma and PBM executives before the Finance Committee.

Our bill has guardrails. It does not give FTC any new power or regulatory authority.

The Cantwell-Grassley PBM transparency bill directs the FTC to end well-known and documented PBM practices that drive up consumer price.

I believe, like Senator Cruz just said, that the consumer ought to be the point of everything that we are trying to accomplish.

I hope this committee will have the same success voting this bill out.

PBMs are blocking a cheaper product.

I have long had concerns with the FTC's vague statutory authority, but at this moment, we cannot ignore the current state of affairs at the FTC.

I worked at the FTC, and I can tell you that with the Agency's overreach and activism, which will no doubt be difficult to sustain in court, it is no surprise that FTC staff morale has dramatically dropped.

It is shocking that a commissioner would choose to resign rather than watch an agency's bipartisan tradition crumble in front of her eyes.

Improved information sharing between CBP and its private-sector partners would aid efforts to identify and curtail the sale of counterfeit imports.

Any true attempt at understanding the factors driving costs must include a look at the broader supply chain.

FMI thanks Chairwoman Cantwell and Sen. Grassley for championing the PBM Transparency Act.