Bacon, Valadao Seek Congressional Control Over Tariffs

Rep. Don Bacon (R-Neb.) is set to introduce legislation aimed at restoring Congress's authority over tariff policy, following President Trump's recent imposition of substantial tariffs on several trading partners. Bacon's proposal mirrors a bipartisan Senate bill introduced by Sen. Chuck Grassley, and while he has garnered some initial support, he acknowledges the difficulty of passing the bill in the current GOP-dominated House. Fellow Republican Rep. David Valadao (R-Calif.) has expressed his inclination to support the bill, emphasizing the importance of Congress retaining its constitutional powers over trade regulation. The market's adverse reaction to Trump's tariffs has further fueled discussions about the need for congressional oversight. Some lawmakers, including Rep. Jasmine Crockett (D-TX), are calling for a bipartisan effort to rein in Trump's tariff actions, highlighting the potential economic implications. The legislation faces significant hurdles, including a likely presidential veto, requiring a supermajority in Congress to override it.