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Senate Banking Hearing Highlights Biden's Progress on Lowering Inflation & Trump's Plan to Raise Costs for American Consumers
July 09, 2024
WASHINGTON, July 9 -- Sen. Jack Reed, D-Rhode Island, issued the following news release:

***VIDEO: Sen. Reed questions Fed Chair Powell***

Today, the Senate Committee on Banking, Housing, and Urban Affairs held a semiannual hearing with Federal Reserve Chair Jerome Powell about the economy and monetary policy. During the hearing, Chairman Powell noted the economy has made further progress when it comes to inflation and stated "more good data would strengthen" . . .

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