
Democratic Senators, including Senators Warren, Rosen, and Whitehouse, are urging the Federal Reserve to cut interest rates to alleviate the financial strain on Americans caused by high housing costs and inflation. President Biden's Inflation Reduction Act will cap prescription drug costs for seniors at $2,000 a year, while also capping insulin costs at $35 per month. The senators emphasize the need for the Fed to act to lower interest rates and reduce economic pressure on families.





Rent is now the main driver of inflation — and high interest rates are making the housing affordability crisis worse. Chair Powell and the Fed need to cut rates. https://t.co/OtB6lLltET
Under President Biden’s leadership, we’re bringing down prescription drug costs. And Big Pharma is facing a crackdown on how they’ve abused the patent system to jack up prices. They need to act: https://t.co/eSO0MbwPe6
Because you voted in 2020, seniors with diabetes are now paying $35 for insulin instead of $400. I’m determined to make that apply to everyone in America during my second term.