International Emergency Economic Powers Act (IEEPA)

WASHINGTON, D.C. — U.S. Senator Peter Welch (D-Vt.), a member of the Senate Finance Committee, today joined U.S. Senators Tim Kaine (D-Va.) and Reverend Raphael Warnock (D-Ga.) in introducing the Reclaim Trade Powers Act, bicameral legislation that would end President Donald Trump’s indiscriminate 10% tariffs on most goods by repealing Section 122 of the Trade Act of 1974.   After the…

WASHINGTON, D.C. – U.S. Senator Peter Welch (D-Vt.), a member of the Senate Finance Committee, today welcomed the Supreme Court’s 6-3 ruling to strike down President Trump’s reckless, global tariffs, which were imposed illegally under the International Emergency Economic Powers Act (IEEPA):  “President Trump’s tariffs were unconstitutional, reckless, and a complete abuse of executive power. Trump’s trade war has created chaos and economic pain for Vermont businesses…

Welch: “We are urging the Court to do something simple: read the Constitution.”  WASHINGTON, D.C. – U.S. Senator Peter Welch (D-Vt.), a member of the Senate Finance Committee, today joined Ranking Member of the Senate Committee on Small Business and Administration Ed Markey (D-Mass.), alongside…

WASHINGTON, D.C. – Today, U.S. Senator Peter Welch (D-Vt.), a member of the Senate Finance Committee, joined U.S. Senators Tim Kaine (D-Va.), Rand Paul (R-Ky.), Senate Minority Leader Chuck Schumer (D-N.Y.), and Senators Jeanne Shaheen (D-N.H.), Ron Wyden (D-Ore.), and Angus King (I-Maine) in filing…

WASHINGTON, D.C. – U.S. Senator Peter Welch (D-Vt.), a member of the Senate Finance Committee, recently joined Senators Jeanne Shaheen (D-N.H.), Ron Wyden (D-Ore.), Democratic Leader Chuck Schumer (D-N.Y.), and 29 of his colleagues in filing an amicus brief in a key case, Oregon v.…