Bill · H.R. 2287· House(119-HR-2287)
Protecting Families from Inflation Act
- Introduced
- 3/24/2025
- Last activity
- 3/24/2025 — Referred to the House Committee on Ways and Means.
- Sponsored by
- Janelle Bynum
- Cosponsors
- - 5 - 0
- Introduced
- In Committee
What this bill would do
This bill, titled the "Protecting Families from Inflation Act," directs the Board of Governors of the Federal Reserve System to perform a specific study. The study focuses on the collective impact that every United States tariff issued from 2017 onward has had on the cost of goods and services. This research specifically targets the effects on consumers and small businesses within the United States. After the study is complete, the Board must submit a report of its findings to Congress. This report is due no later than 270 days after the Act is enacted.
Yes· 3 of 8
Would households on low incomes be better off under this?+1
Understanding tariff impacts may help mitigate costs that disproportionately affect low-income consumers.
Would middle-income households be better off under this?+1
The study targets consumer costs which directly impact middle-class purchasing power.
Would business owners be better off under this?+1
Small business owners will benefit from research into how tariffs impact their operations.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
-
Increased Transparency regarding Costs: The Board of Governors of the Federal Reserve System is required to conduct a study on how tariffs have impacted the cost of goods and services for consumers and small businesses (Section 2, subsection a). This could provide clarity on how past trade policies have affected everyday people and small enterprises.
-
Information for Decision Makers: The Board must submit a report describing its findings to Congress within 270 days of enactment (Section 2, subsection b). This provides lawmakers with specific data regarding the impact of tariffs on the economy and the public.
Potential Negative Impacts for People
- No negative impacts are explicitly mentioned in the provided text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Business Owners+1Good For Low Income Households+1Good For Middle Class Households+1
- Economy And Finance
- Improves Consumer Protection+1Improves Small Business Support+1Reduces Inflation+1
- Governance And Ideology
- Improves Government Transparency+1
- National Security And Foreign Policy
- Improves International Trade+1
- 8/15/2025
- 2 Cosponsors added.
- 3/31/2025
- 1 Cosponsor added.
- 3/24/2025
- Referred to the House Committee on Ways and Means.
- 2 Cosponsors added.
- Introduced in House
Cleo FieldsDemocrat · Louisiana
Sam LiccardoDemocrat · California
Seth MoultonDemocrat · Massachusetts
Nikema WilliamsDemocrat · Georgia
George WhitesidesDemocrat · California