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

October 21, 2020 Press Release

Blue Bell, PA – Last night, Rep. Madeleine Dean (PA-04) hosted her very first drive-in town hall at the Montgomery County Community College’s Blue Bell Campus. The drive-in town hall was an opportunity for constituents to safely connect with Congresswoman Dean. Topics included the COVID-19 relief and vaccine, the opioid crisis, climate change, the economy, and more. 

September 22, 2020 Press Release

WASHINGTON — Last night, Rep. Dean’s bipartisan Uniform Treatment of NRSRO’s Act (H.R. 6934) to amend the CARES Act passed the House Unanimously. Introduced by Rep. Dean, Chairwoman Waters (CA-43), and Representative Barr (KY-06), this bill addresses businesses’ need for greater access to federal lending facilities in the time of COVID, and uniform treatment of credit rating agencies in the application process for much-needed loans.

August 7, 2020 Press Release

WASHINGTON – Today, Congresswoman Madeleine Dean (PA-04) and Congressman Matt Cartwright (PA-08) will introduce the Payments for the People Act, which would send quarterly payments to families until national unemployment is below 5.5 percent. 

July 21, 2020 Press Release

WASHINGTON Today, the House adopted Rep. Dean's amendment to the National Defense Authorization Act which would provide immediate relief to millions of private student loan borrowers including thousands of service members and veterans. The amendment would provide much needed assistance to roughly 4.5 million private student loan borrowers by providing up to $10,000 in immediate assistance to pay down the student loan.

July 1, 2020 Press Release

WASHINGTON D.C. Tonight, House Democrats passed H.R. 2, the Moving Forward Act, a comprehensive desperately needed infrastructure package that will invest more than $1.5 trillion to rebuild America’s infrastructure while creating millions of good-paying jobs throughout the nation. 

 

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.