In a statement, Elizabeth Warren, ranking member of the U.S. Senate Committee on Banking, Housing and Urban Affairs, argued that President Donald Trump’s policies are raising household costs and eroding wages. She cited data showing higher July costs for health care, housing and utilities, and said inflation is above its levels when Trump took office in January 2025 and imposed tariffs in April 2025.
2026-08-26U.S. Senate Committee on Banking, Housing and Urban Affairs
U.S. Senate Committee on Banking, Housing and Urban Affairs ranking member Elizabeth Warren attributes higher inflation and household costs to Trump policies
Senate Banking Committee ranking member Elizabeth Warren attributed higher inflation and household costs to President Donald Trump’s policies. She cited increased July costs for health care, housing and utilities.