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?

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

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

Ranking Member Warren's statement on August 2025 PCE:

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...

Ranking Member Warren’s statement on August 2025 CPI:

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

Ranking Member Warren’s statement on June 2025 PCE:

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

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 🧵⬇️

🧵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.

Senator Warren Statement on June 2025 CPI

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...

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

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...

Ranking Member Warren's statement on May 2025 PCE:

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...

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...

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