The U.S. Senate Committee on Banking, Housing and Urban Affairs’ Ranking Member, Senator Elizabeth Warren, issued a statement on the December 2025 Consumer Price Index, arguing that inflation remains higher than when President Trump began his trade war in April and that households are facing renewed pressure from rising grocery and utility inflation. Warren said costs have risen for families despite the President’s pledge to lower them, and pointed to an increase in annual inflation for groceries and utilities compared with a year earlier. She urged Congress to begin by passing legislation to cap credit card interest rates and reduce housing costs.
U.S. Senate Committee on Banking, Housing and Urban Affairs 2026-01-13
U.S. Senate Committee on Banking, Housing and Urban Affairs Ranking Member Warren responds to December 2025 CPI and urges credit card rate caps and housing cost legislation
Senator Elizabeth Warren, Ranking Member of the U.S. Senate Committee on Banking, Housing and Urban Affairs, stated that the December 2025 Consumer Price Index shows inflation remains elevated, with rising grocery and utility costs. She called for legislative action to cap credit card interest rates and reduce housing costs.