Press Releases
LEE: “Buffett Rule” Attempting to Divide, Distract Americans
Apr 12, 2012
Last night, Senator Mike Lee discussed President Obama’s push to distract Americans with the “Buffett Rule,” legislation that raises taxes on job creators and ignores the need for comprehensive tax reform.
Lee: DOJ Complaint Raises Serious Issues
Apr 11, 2012
Today, Antitrust Subcommittee Ranking Member Senator Mike Lee made the following statement regarding the Department of Justice’s announcement of a lawsuit against several book publishers and Apple, Inc. alleging that the companies conspired to raise prices for e-books
Senator Lee Commends FTC’s Careful Analysis
Apr 2, 2012
“Our antitrust laws serve important purposes, but federal regulators should not interfere with productive market forces absent evidence demonstrating a significant threat to consumer welfare. Based on the evidence presented at our Antitrust Subcommittee hearing, I am convinced that although significant in size this merger does not pose a threat to robust competition. I am pleased that the FTC’s extensive investigation corroborated my view and demonstrated that this transaction is unlikely to have adverse affects on the PBM and specialty drug markets or lead to the exercise of monopsony power over retail pharmacies, and that the merger may well lead to lower prices for PBM services.”
Lee Introduces the Federal Reserve Modernization Act
Mar 29, 2012
Today, Senator Mike Lee introduced legislation that would make much needed reforms to the nation’s Federal Reserve System. The Federal Reserve Modernization Act (FRMA) will focus the Fed’s mission on price stability, require better reporting and make the organization more transparent to Americans.
