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Democrats unveil "Better Deal" economic plan

Cliff Owen / AP

Congressional Democrats unveiled their "Better Deal" economic agenda for the working class at a press conference Monday.

  • "A handful of corporations have seized power in this country," Sen. Elizabeth Warren said. Part of the plan is to break up big companies if they're hurting consumers.
  • "We're gonna fight for rules to stop prescription drug price-gouging," Schumer said. Some states have already passed legislation requiring drug companies to be more transparent when raising prices.
  • "Better Deal" is "a phrase that intentionally evokes the New Deal," per Schumer.

Why it matters: Referring to President Trump's 2016 victory, Sen. Chuck Schumer said, "too many Americans don't know what we [Democrats] stand for," something they aim to change ahead of the 2018 midterms.

Bad timing: The Dems' press conference overlapped with Jared Kushner's White House statement, and got very little attention on cable news.