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Senate Banking and Housing Democrats

@banking.senate.gov

Senate Banking, Housing, & Urban Affairs Committee Minority. Ranking Member Elizabeth Warren.

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Senate Banking and Housing Democrats @banking.senate.gov · 8mo ago

Reporter: Donald Trump's tariffs are raising costs and hurting US businesses. But Trump’s Commerce Secretary is claiming it’s not tariffs and prices are coming down. If they won't acknowledge the problem, how can they fix it?

Senate Banking and Housing Democrats @banking.senate.gov · 8mo ago

Ranking Member Warren's statement on NVIDIA CEO Jensen Huang's closed-door meeting on Capitol Hill:

Washington, D.C. – United States Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee (BHUA), released the following statement:

“NVIDIA CEO Jensen Huang has spent the past year lobbying the President to greenlight the sale of advanced AI chips to China, which could turbocharge China’s military and undercut American technological leadership. He’s now sneaking in to meet with Senate Republicans behind closed doors as he kills the bipartisan GAIN AI Act and tries to muzzle states from passing laws that protect children, renters, and working families from getting exploited by AI technologies. Mr. Huang should be brought in to testify publicly and under oath – not pushing his agenda in secret meetings.”

Senate Banking and Housing Democrats @banking.senate.gov · 8mo ago

Ranking Member Warren released the following statement on additional action Congress should take to support Ukraine:

“Donald Trump’s 10-month failure to apply sustained pressure on the Kremlin has made it far more difficult to achieve a just peace for Ukraine. Instead of weakening the Kremlin’s negotiating position, Trump weakened our sanctions regime through inaction and delay while allowing China to profit from evasion and Russia to rebuild its war machine. Now he’s trying to force Ukraine to surrender and reward Russia by reintegrating it into the global economy. Congress must require a review of any proposed unwinding of U.S. sanctions imposed in response to Russia’s full-scale invasion, instead of letting Trump cede the rest of our critical leverage. Congress passed a bipartisan framework for this kind of review during the first Trump Administration, and it has a responsibility to do so again.”

Senate Banking and Housing Democrats @banking.senate.gov · 10mo ago

Ranking Member Warren's statement on August 2025 PCE:

Senator Warren Statement on August 2025 PCE

“Donald Trump promised to lower costs on ‘day one’, but 250 days in and prices are still too high. President Trump’s chaotic tariffs are driving up costs, and American families are paying the price as groceries, rent, utilities, and health care get more expensive.”

Senate Banking and Housing Democrats @banking.senate.gov · 11mo ago

By removing basic controls on AI chips sales to China, Trump is selling out our national security to the highest bidder – and hurting American workers in the process. Committee staff break down the risks here: 🔗 senatebankingdemocrats.substack.com/p/who-benefi...

Who Benefits from Selling More AI Chips to China?

How Trump is selling out America’s economic and national security

senatebankingdemocrats.substack.com

Senate Banking and Housing Democrats @banking.senate.gov · 11mo ago

Ranking Member Warren’s statement on August 2025 CPI:

Senator Warren Statement on August 2025 CPI

Washington, D.C. – United States Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee released the following statement:

“Today’s data shows inflation remains high and families paid even more last month for basics like groceries, electricity, rent, and back-to-school supplies. President Trump promised to lower costs on ‘day one,’ but instead his chaotic tariffs and disastrous economic agenda are driving prices higher. Trump must reverse course — working families can’t afford three more years of broken promises and failed policies that benefit billionaires and raise prices for everyone else.”

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Senate Banking and Housing Democrats @banking.senate.gov · 11mo ago

Ranking Member Warren’s statement on the August 2025 jobs report:

Senator Warren Statement on the August 2025 jobs report

“Today’s disastrous jobs report makes it increasingly clear that President Trump’s economic agenda is wrecking the labor market. There are now more unemployed people than job openings in the United States for the first time since the pandemic, Trump’s immigration policies are shrinking the workforce, and his chaotic tariffs are slowing down hiring. I’ve long been calling for the Fed to cut interest rates but the Fed has made clear that Donald Trump’s chaos has stood in the way. If Trump won’t reverse his harmful policies, the Fed should act to protect American jobs.”

Senate Banking and Housing Democrats @banking.senate.gov · last yr.

Ranking Member Warren’s statement on June 2025 PCE:

Washington, D.C. – United States Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee released the following statement:

“Yesterday, the Fed held off on cutting interest rates. GDP data showed our economic growth slowed in the first half of the year. Donald Trump’s tariff threats and so-called ‘deals’ are driving up costs and creating chaos. The President should abandon his reckless policies.”

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Senate Banking and Housing Democrats @banking.senate.gov · last yr.

Ranking Member Warren's statement on 2025 Q2 GDP estimate and the upcoming FOMC decision:

Senate Banking and Housing Democrats @banking.senate.gov · last yr.

NEW: Committee unanimously passed the ROAD to Housing Act. Americans need affordable places to live – and they need them now. Our new package will combat the housing crisis by making commonsense reforms to boost supply and bring down housing costs. More below 🧵⬇️

Elizabeth Warren @warren.senate.gov · last yr.

🧵Housing is the #1 monthly expense for families across the U.S. The Senate Committee on Banking, Housing, and Urban Affairs unanimously passed landmark legislation that will boost supply, reduce homelessness, and expand homeownership nationwide.

Senate Banking and Housing Democrats @banking.senate.gov · last yr.

Senator Warren Statement on June 2025 CPI

Senate Banking and Housing Democrats @banking.senate.gov · last yr.

Why your cup of coffee costs more — and how Donald Trump’s chaotic tariff wars could push up coffee prices even further. This and 5 other key pieces of economic data you should pay attention to: 🔗 senatebankingdemocrats.substack.com/p/6-key-piec...

6 Key Pieces of Economic Data You Should Know About

A note from Emma Hussey, your new favorite economic policy staffer

senatebankingdemocrats.substack.com

Senate Banking and Housing Democrats @banking.senate.gov · last yr.

Today Ranking Member Warren released principles for crypto market structure legislation. WATCH: youtube.com/shorts/5g5xK...

Ranking Member Warren releases principles for crypto market structure legislation.

YouTube video by Senate Banking Housing and Urban Affairs Committee

youtube.com

Senate Banking and Housing Democrats @banking.senate.gov · last yr.

WATCH: Fed Chair Powell and Senator Van Hollen agree student loans in this country need fixing. Education shouldn’t be a risky investment. Yet, Republicans are pushing to raise monthly student loan payments for millions of borrowers as delinquencies skyrocket. youtube.com/shorts/XQ7cY...

WATCH: Fed Chair Powell and Senator VanHollen agree student loans in this country need fixing.

YouTube video by Senate Banking Housing and Urban Affairs Committee

youtube.com

Senate Banking and Housing Democrats @banking.senate.gov · last yr.

Ranking Member Warren's statement on May 2025 PCE:

Senate Banking and Housing Democrats @banking.senate.gov · last yr.

Ranking Member Warren in the NYT: “Whenever the regulations are loosened up the banks turn around and pump that money into dividends and share buybacks. The last thing the Fed should be doing is weakening a rule that would cushion an economic blow.” www.nytimes.com/2025/06/26/b...

Wall Street’s Regulatory Reins Start Loosening as Fed Proposes New Rule

nytimes.com

Elizabeth Warren @warren.senate.gov · last yr.

I want to see interest rates come down. If it wasn’t for Trump’s chaotic tariff war, they would already be down. Donald Trump is standing in the way of lower costs for families. www.youtube.com/watch?v=K9FY...

I want to see interest rates come down.

YouTube video by Senator Elizabeth Warren

youtube.com

Govsky US @us.govsky.org · last yr.

Senate Banking and Housing Democrats (@banking.senate.gov) is on Bluesky!