HeyJaredSenate Banking Democrats
A blog by the Senate Banking, Housing, & Urban Affairs Committee Minority. Ranking Member Elizabeth Warren.
- Indexed issues, last 90 days
- 6
- Latest publication
- Sep 21, 2026
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- Jul 3, 2026
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What the Fed’s interest rate hike means for mortgage and credit card bills. (opens the original)
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The Federal Reserve voted unanimously last week to raise interest rates, citing concerns about rising inflation. Even Trump-appointed Fed Chair Kevin Warsh voted to raise rates – after he apparently got permission from Trump himself. This marked the first time in three years that the Fed has voted to raise rates.And it’s all thanks to Donald Trump’s failed economic poli
Three Things to Know: A More Expensive Labor Day under Donald Trump (opens the original)
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Gas prices are the highest they’ve ever been for a Labor Day.Labor Day historically means falling gas prices as families scale back their summer travel and demand for gasoline falls – but not in Trump’s economy. President Trump’s war in Iran continues to drive up energy costs for American families, most notably at the pump. According to AAA, average national gas prices are $4.15 per gallon, nearly $1 more than it was over Labor Day last year and “<a hre
5 Charts on the State of America’s Job Market (opens the original)
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In 2025, annual job growth was the weakest since 2003, outside of recessions. Recent data suggests that 2026 is not shaping up to be much better. Last week’s jobs data revealed that the economy lost 23,000 jobs in July and that job growth in May and June was weaker than initially reported. The unemployment rate fell, but that was driven more by Americans increasingly leaving the workforce than
5 Things to Know This Week (opens the original)
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1. Inflation is still running hot and remains much higher than when Trump took officeAnnual inflation in June increased 3.7% according to new Personal Consumption Expenditure (PCE) data. Although prices rose less in June than they did in May, inflation remains much higher than it was when Trump took office in January 2025 when annual inflation was 2.5%. Additionally, President Tru
5 Things You Should Know About the Economy This Week (opens the original)
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I. Inflation Remains a ProblemJune inflation cooled more than expected, bringing annual inflation down to 3.5%. But prices are still rising faster than when Trump returned to office, and the improvement was driven largely by falling global gas prices</
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