Washington, D.C. – The US Senate has unanimously passed a modified version of the Fixing Our Regulatory Mayhem Upsetting Little Americans (FORMULA) Act introduced by Sen. Mike Lee (R-UT). The FORMULA Act was created to combat domestic baby formula shortages and bolster the supply chain to help American families feed their babies. Recent shortages come in the immediate aftermath of a recall and temporary closure of a major American formula factory, but highlight systemic weaknesses in this vital supply chain. Due to the disruption, families in Utah and across the nation are struggling to feed their babies. This modified version of Lee’s FORMULA Act will lift substantial tariffs on the importation of baby formula and reduce the costs borne by retailers trying to keep their shelves stocked.

Sen. Mike Lee (R-UT) has delivered a letter to Ambassador María Pagán, the Deputy United States Trade Representative (USTR) to the World Trade Organization (WTO.) The letter urges Ambassador Pagán not to waive the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) for COVID-19 vaccines. In her capacity as the USTR Ambassador to the WTO, she negotiates the terms of trade arrangements between the United States and WTO member nations.