Senator Elizabeth Warren, Ranking Member of the U.S. Senate Committee on Banking, Housing and Urban Affairs, issued a statement arguing that the latest inflation figures show higher gas, food, housing, and utility costs, and attributing those price pressures to President Donald Trump’s tariffs and the impact of the war with Iran, while saying inflation is running ahead of wages.
U.S. Senate Committee on Banking, Housing and Urban Affairs2026-05-28
U.S. Senate Committee on Banking, Housing and Urban Affairs ranking member says latest inflation data show prices rising faster than wages
Senator Elizabeth Warren, Ranking Member of the U.S. Senate Committee on Banking, Housing and Urban Affairs, stated that the latest inflation figures show higher gas, food, housing and utility costs, with inflation outpacing wages. She attributed these price pressures to President Donald Trump’s tariffs and the impact of the war with Iran.