Press Release

NRF Praises Final Passage of One Big Beautiful Bill Act

For immediate release
July 3, 2025

WASHINGTON – The National Retail Federation today issued the following statement from NRF President and CEO Matthew Shay following the House vote to pass the Senate-amended reconciliation package. The measure now heads to President Trump’s desk for signature.

“As we prepare to recognize our nation’s 249th birthday tomorrow, today we want to celebrate Speaker Johnson and Majority Leader Thune for their strong leadership and steadfast commitment to getting President Trump’s ‘One Big Beautiful Bill’ through Congress and to the president’s desk for his signature before the July 4th holiday.

“President Trump campaigned on a promise to revitalize the U.S. economy. This historic legislation ensures that his vision to push forward pro-growth policies and measures that rein in government spending becomes a reality to the benefit of American businesses and hard-working families for generations to come.”

As the leading authority and voice for retail, NRF will continue to champion policies that drive economic growth.

About NRF
The National Retail Federation passionately advocates for the people, brands, policies and ideas that help retail succeed. From its headquarters in Washington, D.C., NRF empowers the industry that powers the economy. Retail is the nation’s largest private-sector employer, contributing $5.3 trillion to annual GDP and supporting more than one in four U.S. jobs — 55 million working Americans. For over a century, NRF has been a voice for every retailer and every retail job, educating, inspiring and communicating the powerful impact retail has on local communities and global economies. nrf.com

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