[Congressional Record Volume 171, Number 62 (Monday, April 7, 2025)]
[House]
[Page H1444]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]





                    QUELLING U.S. FINANCIAL MARKETS

  (Ms. KAPTUR asked and was given permission to address the House for 1 
minute and to revise and extend her remarks.)
  Ms. KAPTUR. Mr. Speaker, needless chaos on U.S. financial markets 
must be quelled. Today's continuing historic losses on top of last 
week's are unprecedented, totalling over $6 trillion. That is trillion. 
This has never happened before. America's enemies are applauding.
  Congress needs to act to rein in this chaos. Trump tariffs of this 
magnitude equate to new taxes on everything the American people buy or 
own. Today, the Dow Jones and Standard & Poor's continued their 
nosedive with the worst 3-day performance in nearly a half a century.
  These are not just numbers. They represent people losing wealth they 
worked for. It is evaporating retirement savings, businesses losing 
capital, cars not being sold, and rising unemployment that has started 
in industrial and agricultural America.
  Our people produce real products for market, and we know what pink 
slips are. Too many families are fearing for their financial futures, 
with senior citizens unable to meet the rising cost of living, 
including for food and medicine.
  Mr. Speaker, Congress must pass legislation to support sustained 
growth, not destroy wealth. The Trump extreme taxes must be stopped.

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