Senator Elizabeth Warren confronted Federal Reserve Chairman Jerome Powell during a Senate Banking Committee hearing, attributing negative economic projections to President Trump's policies. She criticized Trump's tariffs, which she argues have increased financial strain on American families, highlighting that since his inauguration, consumer sentiment and household debt have worsened. Warren blamed Trump's chaotic trade practices and health care cuts for creating uncertainty that hampers investment and hiring, negatively impacting the middle class while allowing the wealthy to shield themselves from economic fallout.
When he ran for President, Donald Trump repeatedly promised to lower costs on day one. Those were his words. Since Trump became President, families have been more financially stressed than ever.
The cause of these problems has been the chaos caused by one person, President Trump. Chaotic trade policies, massive cuts to families' health care coverage to fund tax giveaways to the wealthy.
Tariffs like these mean higher prices on essentials for consumers and small businesses, while large corporations and the wealthy find ways to shield themselves from the impact.
Trump continues to play his lose-lose game of red light, green light, red light, green light on tariffs.
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