Former U.S. Treasury economist Austin Frerick is calling for breaking up monopolies. He will seek the Democratic nomination for 3rd congressional district. Frerick promises a robust, progressive agenda for working Iowans.
Winterset, IA – Austin Frerick, a former U.S. Department of Treasury economist, announced today that he will seek the Democratic nomination for Iowa’s 3rd Congressional District.
Frerick, a gay, 7th generation Iowan and the first in his family to attend college, returned to Iowa earlier this year. “For too long, agricultural monopolies like Monsanto have been milking Iowa’s farmers with high seed costs,” Frerick said. “I’m tired of watching career politicians stand aside while huge corporations push around average Iowans.”
“If President Trump and David Young won’t stand up to them, I will.”
Frerick emphasized that the next several years represent a watershed moment for determining whether the United States restores its foundation of widespread prosperity or continues to be divided into a country of haves and have nots.
“More than anything, this comes down to basic fairness,” Frerick added. “The deck is stacked against Iowans, whether it’s a farmer being squeezed by rising seed costs, or a family with a child in need of a lifesaving drug who has to battle pharmaceutical companies that place profit ahead of people.”
“Iowans deserve a representative who will look out for them, not for Monsanto or Pfizer,” he added today, “they need a representative who will fight to restore a social safety net that gives Iowans the security they need to start a small business, raise a family, or learn a trade.”
Frerick was immediately endorsed by Congressman Ro Khanna (D-CA), who called Frerick “one of the most exciting and substantive candidates across the country.” According to Rep. Khanna, “Frerick understands that monopolies and economic concentration hurts farmers and rural America. He is running on a bold economic vision of standing up to big corporations in the tradition of Wilson, Roosevelt, and Truman.” Congressman Khanna currently serves as Vice Chair of the Congressional Progressive Caucus.
Today, Frerick embarks on the first stops of a sixteen-county tour, which will take him to every corner of the district. ***
About Austin Frerick:
Frerick is an Iowa native and currently lives in Winterset. He has worked as an economist at the U.S. Department of the Treasury, Office of Tax Policy, and at the Congressional Research Service in the Domestic Social Policy Division. He has published research on executive compensation, pharmaceutical corporate charity abuses, and the growth of monopolies in the U.S. economy.
He was the first in his family to attend college, graduating from Grinnell College and completing his Master’s degree at the University of Wisconsin La Follette School of Public Affairs. To cover his tuition, he took out student loans and worked four jobs, including as a Special Needs Care Provider for the Arc of East Central Iowa.
About Iowa’s Third Congressional District:
The 3rd Congressional District covers Iowa’s southeastern corner, and includes Polk, Dallas, Guthrie, Warren, Madison, Adair, Cass, Pottawattamie, Mills, Fremont, Page, Montgomery, Taylor, Adams, Union and Ringgold counties.