Senator Welch introduces bipartisan legislation exempting small businesses from Trump-era tariffs on Canadian imports to support local economies.
Quiver AI Summary
U.S. Senator Peter Welch, alongside Senate leaders, has introduced the CANADA Act, aiming to exempt American small businesses from tariffs imposed by the Trump administration on Canada. Welch emphasized that small businesses operate on thin margins and cannot absorb these costs, while other senators echoed concerns about the tariffs raising prices and harming local economies.
Senate Majority Leader Chuck Schumer stated the bill seeks to restore U.S.-Canada relations, which have been strained by the tariffs, while Senator Shaheen highlighted the adverse effects on New Hampshire's businesses. The legislation is supported by small business advocacy groups who argue that predictable trade policies are crucial for businesses.
With trade between Vermont and Canada accounting for significant portions of the state's economy, the bill aims to alleviate the economic impact already being felt by small businesses due to ongoing trade tensions.
Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.
Peter Welch Net Worth
Quiver Quantitative estimates that Peter Welch is worth $9.9M, as of July 24th, 2025. This is the 93rd highest net worth in Congress, per our live estimates.
Welch has approximately $6.3M invested in publicly traded assets which Quiver is able to track live.
You can track Peter Welch's net worth on Quiver Quantitative's politician page for Welch.
Peter Welch Bill Proposals
Here are some bills which have recently been proposed by Peter Welch:
- S.2383: A bill to exempt goods imported by or for the use of small business concerns from the duties imposed by the national emergency declared on February 1, 2025 by the President.
- S.2372: A bill to ensure accessibility of drugs furnished through the drug discount program under section 340B of the Public Health Service Act.
- S.2334: A bill to authorize the use of expeditionary solid waste disposal systems by the Department of Defense and to provide funding for solid waste disposal systems, with an offset, and for other purposes.
- S.2333: A bill to require the Secretary of Defense and the Secretary of Veterans Affairs to permit supplementation of health records of deceased veterans, and for other purposes.
- S.2281: A bill to direct the Secretary of Agriculture to establish a program to provide to rural communities technical assistance in recovering from disasters, and for other purposes.
- S.2276: A bill to address patent thickets.
You can track bills proposed by Peter Welch on Quiver Quantitative's politician page for Welch.
Peter Welch Fundraising
Peter Welch recently disclosed $16.8K of fundraising in a Q2 FEC disclosure filed on July 15th, 2025. This was the 816th most from all Q2 reports we have seen this year. 64.3% came from individual donors.
Welch disclosed $77.4K of spending. This was the 577th most from all Q2 reports we have seen from politicians so far this year.
Welch disclosed $1.7M of cash on hand at the end of the filing period. This was the 189th most from all Q2 reports we have seen this year.
You can see the disclosure here, or track Peter Welch's fundraising on Quiver Quantitative.
