Senate Banking, Housing & Urban Affairs Ranking Member Warren Issues Statement on July 2026 Personal Consumption Expenditures Price Index
August 27, 2026
August 27, 2026
WASHINGTON, Aug. 27 -- Sen. Elizabeth Warren, D-Massachusetts, ranking member of the Senate Banking, Housing and Urban Affairs Committee, issued the following statement on Aug. 26, 2026, on the July personal consumption expenditures price index:
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"President Trump promised to lower costs 'on Day One.' He's failed.
"Inflation today is higher than when he took office in January 2025, higher than when he launched his chaotic tarif . . .
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"President Trump promised to lower costs 'on Day One.' He's failed.
"Inflation today is higher than when he took office in January 2025, higher than when he launched his chaotic tarif . . .