In The News
A House member is urging Congress to hold a hearing to analyze Amazon's proposed $14 billion acquisition of Whole Foods, a merger that critics say could cramp innovation and hurt workers.
As Democrats work to figure out their message going into next year's midterm elections, it's going to take more than just anti-Trump fervor to win, argues Rep. Ro Khanna, D-Calif.
If you want good job security, get elected to Congress. In 2016, the U.S. House had a 97 percent re-election rate, despite the latest Gallup poll placing the House’s approval rating at 21 percent.
I recently sat down with Representative Ro Khanna of California to talk about technology, jobs and economic lessons from his perspective as Silicon Valley's congressman.
When Ro Khanna won his seat in Congress last November, it was the culmination of three congressional campaigns, a decade of political organizing and thousands of hours knocking on doors.
When Amazon announced last week that it intended to acquire the upscale grocery chain Whole Foods, it sent shockwaves through the grocery industry. Other grocers’ share prices plummeted. Analysts predicted Amazon would become a “top five” grocer within a few years. Synergies were imagined.
Amazon's $13.7 billion deal to acquire Whole Foods will cause a few problems in one major district of California, U.S. Rep. Ro Khanna told CNBC on Monday.
"The main problem is it is going to hurt local grocery stores," Khanna, a Democratic congressman whose district includes a large portion of Silicon Valley, said on "Squawk Alley."
As soon as Amazon announced on Friday that it was purchasing Whole Foodsfor $13.7 billion, antitrust and competition policy experts sat straight up.
When Walmart and other low-wage employers fail to pay their employees enough to live decent lives, taxpayers often end up picking the tab for public assistance.
Freshman California Democratic Rep. Ro Khanna and nine House co-sponsors are introducing legislation to put an end to the free ride.