Washington, Aug. 20 -- Congressman Josh Riley issued the following press release:
Congressman Josh Riley's (NY-19) No Bonuses for Utility Executives Act (H.R.6590 (https://www.congress.gov/bill/119th-congress/house-bill/6590/text)) is gaining bipartisan momentum, with Senators Richard Blumenthal (D-CT) and Josh Hawley (R-MO) introducing companion legislation in the Senate last week. The bill sets a simple rule: if a utility company raises rates faster than inflation, its executives don't get bonuses. Riley's bill would stop utility monopolies from rewarding executives for making electricity more expensive for working families.
"I've met with countless Upstate New Yorkers who are doing everything right, but still falling behind because the...