Senate Banking Committee Ranking Member Elizabeth Warren has launched a probe into affordability, writing to President Donald Trump for details on the Administration’s plan to lower household costs and to Amazon for information on pricing decisions and whether tariff-related cost increases are being passed on to consumers. The letter to the President cites inflation measured by Personal Consumption Expenditures trending down in early 2025 before rising again after "Liberation Day" and reaching a nearly two-year high in December 2025, and asks for a detailed explanation of which policies have lowered costs, what has driven the recent increase in inflation, and what actions are being taken on grocery, electricity, health care, and child care costs. The Amazon letter follows comments by CEO Andy Jassy linking price increases to sweeping tariffs and requests information on the scale and timing of price increases, the most affected product categories, steps to prevent opportunistic price gouging by third-party sellers, and whether any potential tariff refunds would be passed on to consumers. Warren framed the Amazon outreach as the first in a series of letters to large corporations on the consumer impact of tariff policies and requested written responses from Amazon by March 5, 2025.

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