Statement from ALEC on Relying on Free Market Principles & Growing the Economy

Arlington, VA – The American Legislative Exchange Council (ALEC) released the following statement on the need to rely on free market principles to continue to grow the economy:

President Trump is creating a booming economy to the benefit of every American. Recent economic indicators—the nation’s GDP increase of 4.3% in Q3 of 2025, unemployment down to 4.6%, cooling inflation, and the Federal Reserve Bank of Atlanta’s prediction of 5.4% GDP growth in Q4—prove his policies are working.

Government intervention in the free market, like capping credit card interest rates or imposing the Durbin-Marshall credit card mandate, could slow this momentum. Adopted by ALEC members unanimously in December, our model Resolution Opposing Government Price Controls and Supporting Free Market Principles, details how free enterprise policies will keep America’s economy on the right track.