Full Committee Hearing

Higher Prices: How Shrinkflation and Technology Impact Consumers’ Finances

Date:   Thursday, May 2, 2024 Time:   10:00 AM Location:   Dirksen Senate Office Building 538

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Topic

THE COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS will meet in OPEN SESSION, HYBRID FORMAT to conduct a hearing on “Higher Prices: How Shrinkflation and Technology Impact Consumers’ Finances.” The witnesses will be: Mr. Bilal Baydoun, Director of Policy & Research at Groundwork Collaborative; and Dr. Allison Schrager, Senior Fellow, Manhattan Institute; and Dr. Alí R. Bustamante, Professor of Practice, University of New Orleans Department of Economics and Finance, and Director, Worker Power and Economic Security Program, Roosevelt Institute.

All hearings are webcast live and will not be available until the hearing starts. Individuals with disabilities who require an auxiliary aid or service, including closed captioning service for webcast hearings, should contact the committee clerk at 202-224-7391 at least three business days in advance of the hearing date.

Member Statements

  1. Chairman Sherrod Brown (D - Ohio)
  2. Ranking Member Tim Scott (R - South Carolina)

Witnesses

  1. Dr. Alí R. Bustamante
    Professor of Practice and Director, Worker Power and Economic Security Program
    University of New Orleans Department of Economics and Finance and Roosevelt Institute
  2. Mr. Bilal Baydoun
    Director of Policy & Research
    Groundwork Collaborative
  3. Dr. Allison Schrager
    Senior Fellow
    Manhattan Institute