Press Release

McHenry: If Democrats are Looking to Crack the Code on the “Inflation Equation,” I Would Suggest a Little Self-Reflection

Today, the House Financial Services Committee is holding the House of Representative’s first hearing solely on inflation entitled, “The Inflation Equation: Corporate Profiteering, Supply Chain Bottlenecks, and COVID-19.” After months of consumer prices surging at a record pace, Democrats have finally recognized that inflation is hurting American families. However, as the Democrats’ title of the hearing shows, they’re more interested in blaming everyone but themselves for the effects of their own failed policies.

Committee Republicans, led by Congressman Patrick McHenry (NC-10), the top Republican on the House Financial Services Committee, outlined how Democrats’ reckless fiscal policies fueled inflation and debunked Democrat disinformation about the causes of rising prices.

Watch Congressman McHenry’s opening remarks by clicking here or on the image below.