A truly prosperous American economy is one that is diversified, driven by innovation, and works for all people. I believe that to achieve this across the country, we must embrace technology and use it as a vehicle to put people to work. I support advanced American manufacturing as well as a nationwide investment in high-tech apprenticeships and worker training programs.
Empowering a strong middle class will require an economy that benefits everyone, not just those at the top. And this starts by making good, technology-based jobs available and accessible across America. Enrico Moretti, a Berkeley economist, found that for every tech job, five other new jobs are created. This multiplier effect creates important service jobs such as baristas, doctors, lawyers, and dry cleaners, among many others.
I believe that working families are the backbone of this country, and that’s why I have made lifting them up a central part of my agenda. I am introducing a more than $1 trillion expansion of the earned income tax credit (EITC) that would provide a much-needed boost to American families to make up for wages lost to inflation over the past four decades.
I also support paid family leave, training programs for mid-career workers, and increasing the hourly minimum wage to $15. It is vital that we fight for working families, because they are the incubator of the American dream.
Consumer protection laws are Americans’ first lines of defense against unethical companies. These laws hold big corporations accountable and prevent harm to consumers. I support legislation that protects consumers and will oppose any bill to defund the Consumer Financial Protection Bureau.
Data breaches of major credit reporting bureaus demonstrate we need stronger laws to prevent situations like this from happening again. When you apply for a mortgage, credit card, auto loan, or almost anything having to do with credit, a company will check your credit report provided by the three private credit reporting companies.
What you can do to protect yourself
If you have a credit report, it is likely that your personal information was compromised by the Equifax data breach. Please take the time to go through the resources below and take the steps required to keep your identity safe.
- The Equifax Data Breach: What To Do (Federal Trade Commission)
- Identity Theft Protection Guide (Consumer Financial Protection Bureau)
- Top 10 ways to protect yourself in the wake of the Equifax data breach (CFPB)
- For Servicemembers: How to protect your identity (CFPB)
- Equifax isn’t calling (FTC)
What I am doing to protect you
In the wake of this disastrous breach of data and trust, I have signed onto the following bills that will help Americans respond to the Equifax hack now and protect your financial future.
- Credit Information Protection Act – Requires any credit reporting agency that suffers a data breach to allow consumers to initiate a security freeze on their information free of charge.
- Cyber VICTIM Act – Directs the President of the United States to designate a federal official as the Interagency Cyber Victim Response Coordinator.
- Personal Data Notification and Protection Act – Requires that companies and the FTC work together to notify affected individuals within 30 days of the discovery of a breach of sensitive personal information.
Click here to learn more about the bills that I introduced and cosponsored.
Read my op-ed in the Sacramento Bee on making the economy fairer for working families.
Read my op-ed in the Washington Post on how to improve U.S. manufacturing.
More on Economy
Rep. Ro Khanna, who represents Silicon Valley, has been on a personal mission since entering Congress in 2017 to bring the tech success from his wealthy California district to Middle America.
Khanna, a progressive Democrat, has become an unlikely Silicon Valley ambassador to rural and minority communities in red-state America with an eye on creating regional tech hubs. He's traveled to a dozen communities, including Paintsville, Ky, and Beckley, W.Va., to support emerging tech programs and to study how the private sector and federal funds can enhance their efforts.
Rep. Ro Khanna on Thursday introduced legislation to overhaul the nation's agricultural system including by tackling massive corporate consolidation and enacting a moratorium on factory farms.
"Multinational corporations have concentrated our food system to its breaking point," said Jake Davis, a Missouri farmer, and national policy director at Family Farm Action, in a statement backing the measure. "Mega meatpackers have extracted profits from farmers, workers, and consumers for too long," he said. "This pandemic has shined a bright light on those abuses."
Washington, DC – Today, Sen. Bernie Sanders (I-VT) and Rep. Ro Khanna (CA-17) unveiled the Emergency Medical Supplies Procurement Act to mobilize the federal government to close the gap in the production of health care equipment.
Washington, DC – Today, Representative Ro Khanna (CA-17), United States Senator Elizabeth Warren (D-MA), and over 50 additional members sent their proposal for an Essential Workers Bill of Rights to House Speaker Nancy Pelosi (CA-12), Senate Majority Leader Mitch McConnell (R-KY), House Minority Leader Kevin McCarthy (CA-23), and Senate Minority Leader Chuck Schumer (D-NY). The lawmakers urged Congressional leadership to support frontline workers during the coronavirus pandemic by prioritizing these basic protections in the next relief package.
As Congress begins crafting its fourth coronavirus stimulus package, Silicon Valley Rep. Ro Khanna and Massachusetts Sen. Elizabeth Warren have proposed an Essential Workers Bill of Rights to help protect laborers on the frontlines of the crisis.
The pair of progressive Democratic lawmakers have called on their colleagues to wrap some of the policies from their proposal into the upcoming relief package.
Washington, DC – Today, Representatives Ro Khanna (CA-17) and Tim Ryan (OH-13) introduced the Emergency Money for the People Act to provide additional cash payments for hard-working Americans who have been impacted by the COVID-19 pandemic. While the CARES Act was an important first step, its one-time payment does not provide nearly enough support for American families.
Washington, DC – Today, United States Senator Elizabeth Warren (D-MA) and Representative Ro Khanna (CA-17) unveiled a proposal for an Essential Workers Bill of Rights to protect frontline workers during the coronavirus pandemic. The lawmakers also called for the next coronavirus relief package to pass Congress to include the policies in the Essential Workers Bill of Rights.
Treasury Secretary Steven Mnuchin is considering waiving a rule that would bar certain small businesses from receiving much-needed bailout money through the government's coronavirus stimulus plan after a bipartisan push by lawmakers to fold in sinking startups as recipients under the program.Rep.
House Speaker Nancy Pelosi and Rep. Ro Khanna, who represents a large part of Silicon Valley, are asking the Trump administration to protect start-ups as it carries out relief payments for small businesses under the CARES Act.