The 16-page report is based on research from the Federal Reserve that found “corporate profits contributed a large percentage to inflation in the first year and contributed much less in the second” after the pandemic.
Rep. Susan Wild, D-7th District, along with 24 other Democratic representatives, plan to send a letter to Congressional leaders Thursday, “calling for additional legislative action on [sic] to ease supply chain bottlenecks and help lower costs for their constituents.”
