Economy

As a member of the Financial Services Committee – as well as the Subcommittee on Oversight and Investigations and the Subcommittee on Diversity and Inclusion – Rep. Dean works to create an economy that serves everyone. 

Trade

Rep. Dean knows how important it is to ensure a stable, predictable climate for business. For this reason, she opposes the administration’s trade wars, which have hurt American businesses and consumers.

Rep. Dean is also closely watching the negotiations surrounding the United States-Mexico-Canada Agreement (USMCA) – sometimes known as “NAFTA 2.0.” She is eager to see robust labor and environmental protections included in the final package.

Fair Wages

Rep. Dean is an original cosponsor of H.R. 582, the Raise the Wage Act, which would ensure that all Americans are paid a fair wage of $15 per hour. Rep. Dean is also an original cosponsor of H.R. 7, the Paycheck Fairness Act, which would ensure equal pay for equal work, protect workers against retaliation for discussing pay with colleagues, and provide more robust remedies for workers in cases of gender-based pay discrimination. Both of these bills have passed the House.

 

Pensions

Rep. Dean cosponsored H.R. 397, the Rehabilitation for Multiemployer Pensions Act of 2019, also known as the Butch-Lewis Act. This legislation – which passed the House – would create a fund to help multiemployer pensions at risk of becoming bankrupt or already bankrupt to gain relief and time to become solvent again.

Labor

Rep. Dean is a lifelong supporter of organized labor. She is an original cosponsor of H.R. 2474, the Protecting the Right to Organize Act – an especially important bill given the administration’s ceaseless attacks on workers.

Business

Rep. Dean is focused on ensuring that businesses have access to the capital and resources they need to succeed and remain competitive in a global economy. In the 116th Congress, Rep. Dean voted for H.R. 3311, the Small Business Reorganization Act, which helps to facilitate the financial reorganization of small businesses. The bill became law in August, 2019.

More on Economy

May 12, 2020 Press Release

WASHINGTON D.C. — Today, House Democrats introduced the Heroes Act, a comprehensive $3.3 trillion relief bill to address the challenges posed by the coronavirus pandemic. For the duration of this economic crisis, Rep. Dean has advocated for relief for everyday workers, the smallest businesses, and student borrowers — the Heroes Act reflects these priorities.

May 8, 2020 Press Release

WASHINGTON D.C.  Rep. Madeleine Dean (PA-04) and Rep. Don Beyer (VA-08) sent a letter to House Speaker Pelosi and Minority Leader Kevin McCarthy with recommendations on how to provide Americans with direct cash support.

April 24, 2020 Press Release

WASHINGTON, DC – Today, Rep. Madeleine Dean (PA-04) and Rep. Derek Kilmer (WA-06) introduced the Restore America’s Main Street Act. The COVID-19 pandemic has put an enormous strain on small businesses, leaving many vulnerable to a permanent shutdown. The smallest businesses, with 50 employees or fewer, especially struggled to access the Payment Protection Program (PPP).

April 16, 2020 Press Release

Jenkintown, PA – Representatives Madeleine Dean (PA-04)Derek Kilmer (WA-06) and Jaime Herrera Beutler (WA-03) introduced new legislation to significantly expand the Small Business Administration’s Paycheck Protection Program to ensure that every qualified small business is able to access the critical assistance they need to retain their workforce and cover basic operating costs for the full duration of the unprecedented coronavirus pandemic. 

April 7, 2020 Press Release

Last Friday, Rep. Dean met with municipal leaders and state legislators on a video conference to discuss the CARES Act. Both calls outlined the funding for state and local governments – considering healthcare, housing, small business, education, student loan payments and more. 

Rep. Dean explained how the CARES Act will help Pennsylvania workers and businesses during the COVID-19 outbreak. State and local leaders asked questions and offered input for the next relief package. The House is expected to draft and voted on another relief package later this month. 

March 31, 2020 Page
March 31, 2020 Page

The Coronavirus Aid, Relief, and Economic Security (CARES Act) provides a one-time rebate to taxpayers.

Summary: Direct Payments/Rebates: 

To check on the status of your rebate use the link here

March 27, 2020 Press Release

WASHINGTON, D.C.Today, Rep. Dean voted to pass the historic Families and Workers-First legislation, which will now go to the President’s desk for his signature.

March 24, 2020 Page

The Coronavirus Aid, Relief, and Economic Security (CARES) Act provides more than $376 billion in aid and relief to workers and small businesses under economic stress from the COVID-19 pandemic. This aid is distributed through the Small Business Administration’s (SBA) Paycheck Protection Program, Entrepreneurial Assistance, and Emergency Economic Injury and Disaster Loan Grants.

Paycheck Protection Program (PPP)

March 24, 2020 Press Release

WASHINGTON, D.C. Rep. Madeleine Dean introduced the Emergency Assistance for Student Borrowers Act of 2020 to give relief to millions of borrowers who will struggle with payments during this pandemic.