In a statement, U.S. Senate Committee on Banking, Housing and Urban Affairs Ranking Member Elizabeth Warren argued that President Donald Trump’s economic agenda is increasing household costs. She cited record September gasoline prices, rising Treasury yields that are pushing up mortgage and credit card bills, and August increases in housing, airfare and child care costs, while wages have failed to keep pace with inflation for five consecutive months.
2026-09-11U.S. Senate Committee on Banking, Housing and Urban Affairs
U.S. Senate Banking Committee ranking member Warren criticizes Trump economic agenda over rising household costs
U.S. Senate Banking Committee Ranking Member Elizabeth Warren blamed President Donald Trump’s economic agenda for higher household costs. She cited record September gasoline prices, rising borrowing costs and August price increases, while wages have lagged inflation for five consecutive months.