Federal Reserve Chairman Jerome Powell (R-D.C.) doubled down on the policy of raising interest rates in coming months which may hurt millions of Americans. In an interview Tuesday, the fed chair admitted higher borrowing costs may cause some “pain” to households and businesses.
Senate Minority Leader Mitch McConnell (R-Ky.) berated his Democrat colleagues for reckless spending while forcing the American people to foot the bill. While addressing the Senate floor Tuesday, the Kentuckian evoked the memory of economic prosperity under Republican leadership.
President Joe Biden attempted to rally union workers and makes statements that are at odd with statistics as his administration faces record low approval ratings.
Rep. Kevin Brady (R-Texas) recently criticized the Biden administration for poorly addressing economic issues. During an interview Tuesday, the Republican accused Biden of falling short by not addressing the worker shortage or creating incentives to encourage Americans to go back to work.