https://www.jec.senate.gov/public/ A collection of the latest records posted to United States Joint Economic Committee. https://www.jec.senate.gov/public/ en_US www.gslsolutions.com Fri, 163 Jun 2026 00:00:01 GMT Fri, 163 Jun 2026 00:00:01 GMT https://www.jec.senate.gov/public/index.cfm/press-releases?ContentRecord_id=ECCA108A-74E6-4D29-A95C-8F33B21DEBA3 U.S. Senator Maggie Hassan (D-NH), Ranking Member of the Joint Economic Committee, released today the results of her investigation into scams and drug-related content on Spotify, a major music streaming service. The report details the company’s efforts to identify and take action against more than 57,000 podcast episodes with drug-related content, but also notes that Spotify only took these actions after extensive public reporting and correspondence between Spotify and the Joint Economic Committee - Minority over the course of the investigation. Spotify also did not report to law enforcement any of the content that it removed in the six-month period that the Committee investigated. Press Releases Thu, 162 Jun 2026 12:00:00 EST https://www.jec.senate.gov/public/index.cfm/issue-briefs?ContentRecord_id=DCBCE7F8-147D-42B1-AB11-6CC07E06D9B4 U.S. Senator Maggie Hassan (D-NH), Ranking Member of the Joint Economic Committee, released today the results of her investigation into scams and drug-related content on Spotify, a major music streaming service. The report details the company’s efforts to identify and take action against more than 57,000 podcast episodes with drug-related content, but also notes that Spotify only took these actions after extensive public reporting and correspondence between Spotify and the Joint Economic Committee - Minority over the course of the investigation. Spotify also did not report to law enforcement any of the content that it removed in the six-month period that the Committee investigated. Issue Briefs Thu, 162 Jun 2026 12:00:00 EST https://www.jec.senate.gov/public/index.cfm/issue-briefs?ContentRecord_id=0A4C7185-0280-44D4-845C-A9DE524CAFE3 As of May 2026, the average household in United States has had to spend $3,100+ more on goods and services under President Trump. Issue Briefs Wed, 161 Jun 2026 12:00:00 EST https://www.jec.senate.gov/public/index.cfm/press-releases?ContentRecord_id=2BBD2B4B-EFFD-4224-ADE9-FA5DD3B51007 American families have had to spend $3,100+ more since President Trump took office last year, according to new data released today by the Joint Economic Committee - Minority. The new data released today also include state-by-state statistics for everyday essentials. Press Releases Wed, 161 Jun 2026 12:00:00 EST https://www.jec.senate.gov/public/index.cfm/newsroom?ContentRecord_id=18465504-784E-49B1-A4B2-4C91C0C747A5 The total trade deficit in April was $55.88 billion, down $704 million from March and seven percent below the 12-month average. In trade of goods, the U.S. ran a trade deficit of $83.69 billion, down $2.39 billion from March and 4 percent above the 12-month average. In trade of services, the U.S. ran a trade surplus of $27.81 billion, down $1.659 billion from March and roughly equal to the 12-month average. Over the 12 months through April 2026, the U.S. ran a total trade deficit of $718.49 billion. In trade of goods, the U.S. ran a trade deficit of $1.05 trillion. In trade of services, the U.S. ran a trade surplus of $332.59 billion. Newsroom (Republican) Tue, 160 Jun 2026 12:00:00 EST https://www.jec.senate.gov/public/index.cfm/newsroom?ContentRecord_id=B0CF2008-2A47-4501-B5D2-7C245AE69B83 The JEC finds the rising debt-to-GDP ratio is structurally unsustainable. Stabilizing debt will require large, early policy changes, and delay materially increases the risk of severe economic and financial consequences. To rein in and slow the growth of federal debt, the letter focuses on solutions that address healthcare spending, especially through Medicare Advantage reform, border adjustment tax policies, and skills-based immigration reform focused on recruiting and retaining individuals with high income potential and entrepreneurial, high-level skills who will contribute to the broader economy and support the United States in developing the next great innovations. Newsroom (Republican) Mon, 159 Jun 2026 12:00:00 EST https://www.jec.senate.gov/public/index.cfm/newsroom?ContentRecord_id=06234EB9-C8F9-4D4E-B29C-5542F4798373 As of June 3, 2026, total gross national debt is $39.20 trillion. Relative to one year ago, total gross national debt is $2.99 trillion higher; relative to five years ago, it is $10.94 trillion higher. Over the past year, the rate of increase averaged $8.19 billion per day, $341.30 million per hour, $5.69 million per minute, or $94,804.90 per second. Newsroom (Republican) Fri, 156 Jun 2026 12:00:00 EST https://www.jec.senate.gov/public/index.cfm/newsroom?ContentRecord_id=896B7390-3949-4FE8-B42C-2DA0787AB75A In May, 172,000 jobs were added (120K private sector, 52K government) after strong showings in April and March, as well. The unemployment rate remained unchanged at 4.3 percent while the labor force participation rate held steady at 61.8 percent. The broadest measure of unemployment (U-6, which adds underemployment to unemployment) decreased by 0.1 percentage points to 8.1 percent. Newsroom (Republican) Fri, 156 Jun 2026 12:00:00 EST https://www.jec.senate.gov/public/index.cfm/press-releases?ContentRecord_id=9D230177-C13A-44BC-A52F-D192EB4A8057 In response to Joint Economic Committee Ranking Member Maggie Hassan (D-NH)’s questions this morning, Secretary Scott Bessent called inflation under President Trump a “short-term blip.” Bessent also vastly underestimated increased gas, and overall costs, even as rising costs under Trump continue to burden hardworking families across the country. Press Releases Wed, 154 Jun 2026 12:00:00 EST https://www.jec.senate.gov/public/index.cfm/newsroom?ContentRecord_id=5D34FECD-5E05-4748-9B3F-ABAEDDD03944 From March to April, headline personal consumption expenditures (PCE) price index inflation was 0.40 percent. Core PCE price index inflation, which excludes food and energy prices, was 0.24 percent. Month-over-month, headline personal income remained unchanged, or $19 million, while real disposable personal income per capita decreased by 0.50 percent, which means that after tax income rose less quickly than prices. Newsroom (Republican) Thu, 148 May 2026 12:00:00 EST https://www.jec.senate.gov/public/index.cfm/newsroom?ContentRecord_id=E7DAD033-08A9-4933-9EBC-E9B5760AD8BB Following the release earlier this month of the Joint Economic Committee’s Joint Economic Report, Cato Institute experts praised the work of the Committee. Newsroom (Republican) Wed, 147 May 2026 12:00:00 EST https://www.jec.senate.gov/public/index.cfm/newsroom?ContentRecord_id=1528F359-267F-431A-9116-DEAF45314828 The Joint Economic Committee released its monthly State Employment Update, outlining the employment situation in all 50 states and the District of Columbia. In April, among the 50 states and the District of Columbia unemployment remained unchanged in 27 states, decreased in 15 and increased in nine. The highest unemployment rate was 6.2 percent in District of Columbia, and the lowest was 2.2 percent in South Dakota. Nationally, the unemployment rate remained unchanged in April. Newsroom (Republican) Tue, 146 May 2026 12:00:00 EST https://www.jec.senate.gov/public/index.cfm/newsroom?ContentRecord_id=3B11E394-A8C9-4CF2-BC81-6B7F424F293C U.S. Congress Joint Economic Committee Chairman David Schweikert (R-AZ) and Ranking Member Maggie Hassan (D-NH) today urged three major telecommunications companies to strengthen their anti-scams efforts. Chairman Schweikert and Ranking Member Hassan requested detailed information from AT&T, T-Mobile, and Verizon about their current strategies to identify and curb scams. Their outreach follows testimony from administration officials and key experts at a bipartisan Committee hearing in March that focused on the threats posed by well-resourced, ever-evolving criminal scam operations. Newsroom (Republican) Thu, 141 May 2026 12:00:00 EST https://www.jec.senate.gov/public/index.cfm/press-releases?ContentRecord_id=A7EF0129-3DF5-46E3-B2FE-40FA561BC81C U.S. Congress Joint Economic Committee Chairman David Schweikert (R-AZ) and Ranking Member Maggie Hassan (D-NH) today urged three major telecommunications companies to strengthen their anti-scams efforts. Chairman Schweikert and Ranking Member Hassan requested detailed information from AT&T, T-Mobile, and Verizon about their current strategies to identify and curb scams. Their outreach follows testimony from administration officials and key experts at a bipartisan Committee hearing in March that focused on the threats posed by well-resourced, ever-evolving criminal scam operations. Press Releases Thu, 141 May 2026 12:00:00 EST https://www.jec.senate.gov/public/index.cfm/issue-briefs?ContentRecord_id=6A368596-8E02-4373-9F50-8985B672279A U.S. Congress Joint Economic Committee Chairman David Schweikert (R-AZ) and Ranking Member Maggie Hassan (D-NH) today urged three major telecommunications companies to strengthen their anti-scams efforts. Chairman Schweikert and Ranking Member Hassan requested detailed information from AT&T, T-Mobile, and Verizon about their current strategies to identify and curb scams. Their outreach follows testimony from administration officials and key experts at a bipartisan Committee hearing in March that focused on the threats posed by well-resourced, ever-evolving criminal scam operations. Issue Briefs Thu, 141 May 2026 12:00:00 EST https://www.jec.senate.gov/public/index.cfm/issue-briefs?ContentRecord_id=028339AE-406E-469A-8B8E-7889BE769DEE The Joint Economic Committee - Minority announced today that, following a Congressional investigation, Findem, a data broker, has updated its data collection opt-out processes to make it easier for people to protect their personal data. Findem’s actions occurred after an investigation by U.S. Senator Maggie Hassan (D-NH), Ranking Member of the Joint Economic Committee, into the challenges that consumers face from data brokers and their convoluted opt-out practices, as well as the overall role of data brokers in preventing breaches and related scams. Issue Briefs Fri, 135 May 2026 12:00:00 EST https://www.jec.senate.gov/public/index.cfm/press-releases?ContentRecord_id=9EFF05EC-2E02-4A01-AF31-D3A51F42A567 The Joint Economic Committee - Minority announced today that, following a Congressional investigation, Findem, a data broker, has updated its data collection opt-out processes to make it easier for people to protect their personal data. Findem’s actions occurred after an investigation by U.S. Senator Maggie Hassan (D-NH), Ranking Member of the Joint Economic Committee, into the challenges that consumers face from data brokers and their convoluted opt-out practices, as well as the overall role of data brokers in preventing breaches and related scams. Press Releases Fri, 135 May 2026 12:00:00 EST https://www.jec.senate.gov/public/index.cfm/newsroom?ContentRecord_id=10635450-381E-420F-9510-430A4017B27A Celebrating its 80th anniversary, the Joint Economic Committee, under the leadership of Chairman David Schweikert, filed its annual Joint Economic Report in response to the 2026 Economic Report of the President. The Joint Economic Committee was created by the Employment Act of 1946, and pursuant to that Act, it is required to file an annual report with findings and recommendations responding to the President’s Economic Report. The Employment Act also recognizes the importance of a Congressional counterpart to the President’s Council of Economic Advisors, the Joint Economic Committee, to reflect the diverse array of opinions of constituents nationwide. Newsroom (Republican) Thu, 134 May 2026 12:00:00 EST https://www.jec.senate.gov/public/index.cfm/annual-reports?ContentRecord_id=6F1DC3B7-2BC4-41B3-A894-E5F6E5086EF8 Annual Report Wed, 133 May 2026 12:00:00 EST https://www.jec.senate.gov/public/index.cfm/issue-briefs?ContentRecord_id=3849A41E-CE6F-43C7-9E1F-6F6EF5EE78D3 Senator Maggie Hassan (D-NH), Ranking Member of the Joint Economic Committee, announced today the release of the Minority portion of the Committee’s annual response to the Economic Report of the President. The Committee is required by law to submit findings and recommendations in response to the Report, which is prepared and released each year by the Council of Economic Advisers (CEA). Issue Briefs Wed, 133 May 2026 12:00:00 EST