U.S. Senator Elizabeth Warren, the Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, has issued a statement in response to the March 2025 Consumer Price Index (CPI) figures. Warren highlighted concerns regarding the economic implications under the current administration led by President Donald Trump.
Warren emphasized that, "With less than 100 days in office, Donald Trump has the Fed predicting higher inflation, workers worried about keeping their jobs, and business investment on pause." The Senator noted that President Trump's fluctuating tariff policies have contributed to market instability, describing conditions as reminiscent of the pandemic's volatility. According to Warren, "With his on-again, off-again tariffs, President Trump is rattling the markets, which haven’t seen this much volatility since the pandemic."
She further warned of potential negative consequences on employment and consumer expenses, stating, "Businesses will pull back on hiring while American families are hit with higher prices." Warren called for bipartisan action, suggesting that, "Republicans in Congress can join Democrats and end this chaos today."
The statement was released from Warren's office in Washington, D.C.