Senator Warren Statement on Federal Reserve Decision

Washington, D.C. – United States Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, released the following statement:

“Americans deserve lower interest rates and lower costs, but Donald Trump and his chaotic tariffs stand in the way of that relief. Despite his promise to lower costs on ‘day one,’ Trump has failed to deliver. Inflation has ticked back up for food, shelter, and electricity, and the labor market has softened. Today, the Fed confirmed the economic outlook has worsened, predicting less economic growth, more inflation, and higher unemployment. Instead of reining in the chaos, Trump and Congressional Republicans are pushing forward a massively destructive tax bill that, combined with his tariff policies, will reduce income for 80% of Americans–all to give more tax breaks to billionaires.”

###

• Print
• Email
• Tweet