Skip to main content

Press Center

The U.S. Congress Joint Economic Committee – Minority today released a new report that reveals both shortcomings and steps forward in the efforts of federal agencies to combat scams, particularly those that come from international criminal compounds in Southeast Asia. The report also spotlights recommendations from federal officials and outside experts for Congress, the Trump Administration, and the public sector – including the need for Congress to mandate a government-wide strategy to combat scams and one clear place for victims to report scams and get assistance, as proposed in Committee Ranking Member Maggie Hassan’s bipartisan ReportScams.gov Act.
WASHINGTON – The U.S. Congress Joint Economic Committee - Minority released a new analysis today which finds that so far this year, President Trump’s personal wealth from oil and gas stocks has grown by as much as $35.8 million. This brings his net holdings in the sector to as much as $81.6 million and nearly doubles the oil and gas wealth the President held at the end of 2025. Trump’s war in Iran has caused oil and gas prices to skyrocket, and the Committee also found that 94% of Trump’s 2026 oil and gas stock purchases occurred after the war began, with Trump buying as much as $17.5 million in oil and gas stocks after February 28.
American farmers are on track to spend an additional $2.4 billion on diesel fuel alone across this year’s spring planting and fall harvest seasons compared to last year, according to new data released today by the Joint Economic Committee - Minority. President Trump’s ongoing war with Iran has caused record-high diesel prices that peaked in many states during the fall harvest.
The U.S. Congress Joint Economic Committee – Minority today released a new report that finds that President Trump and Congressional Republicans’ 2025 giveaway to pharmaceutical companies will cost seniors thousands more in out-of-pocket costs for key cancer treatment drugs. As Trump used the presidency to help pharmaceutical companies boost their own profits, the Committee also found that Trump increased his own stock holdings in these companies immensely.
American families have had to spend an additional $4,700+ on goods and services since President Trump took office last year, per updated data released today by the U.S. Congress Joint Economic Committee - Minority. The new data include national, state-by-state, and congressional district-level costs for everyday essentials, including new Committee estimates that Americans in total have spent an additional $101 billion on gas since the start of the Iran War. These updated fact sheets come amid recent independent findings that prices for many household goods would have fallen last year if not for President Trump's tariffs.
U.S. Senator Maggie Hassan (D-NH), Ranking Member of the Joint Economic Committee, released today the results of her year-long investigation into romance scams on Match Group platforms, which include Tinder, Hinge, Match (formerly Match.com), Plenty of Fish, and more. The investigation revealed significant issues – including that Tinder had not updated most of its own AI models used to detect bad actors for years and that views of scam profiles on Tinder increased by more than 700 percent between May 2024 and December 2025. Throughout the course of the investigation, however, Match Group introduced and expanded important measures that have helped to address some of these challenges and better combat scams.
U.S. Senator Maggie Hassan (D-NH), Ranking Member of the Joint Economic Committee, today pressed Trump Mobile – the Trump family’s telecommunications venture – about major red flags with user data protection and the extent to which the company has met key consumer and national security requirements with the Federal Communications Commission (FCC). Ranking Member Hassan also raised serious concerns about how Trump Mobile and its partners, including Liberty Mobile Wireless, prevent scammers from abusing their services and its multiple data breaches – including a reported breach this month.
U.S. Senator Maggie Hassan (D-NH), Ranking Member of the Joint Economic Committee and senior member of the Senate Homeland Security and Governmental Affairs Committee, today pressed the United States Secret Service for more information on the redirection of hundreds of millions in funds from the agency to White House construction projects. The Senator called for answers on how this has impacted operations, including security for the President and other protectees, and the agency’s anti-scam efforts. The White House has reportedly diverted more than $400 million in Secret Service funding to cover the costs of White House renovation projects – including President Trump’s new ballroom – despite the President’s claim that these projects would not be constructed with taxpayer money.