Can Anyone Assure Us that Currency Adjustment Will Eliminate Cost Impact on Consumers? NOPE.

Congressman Jim Renacci had an interesting question today at the BAT hearing:

RENACCI: “So to each witness, can any of you assure me that the currency will adjust so that there will be no effect to the cost of our consumers? Yes or no to each one of you.”

CORNELL: “No, I can’t.”

LINDSEY & SIMON: Silent. (U.S. House Ways & Means Committee Hearing, 5/23/17)