Senator Elizabeth Warren, alongside Bernie Sanders and other Democratic Senators, has called on Federal Reserve Chair Jerome Powell to lower interest rates, emphasizing the negative impact high rates have had on renewable infrastructure projects and the broader economy. In a letter, they requested a clear and rapid timetable for reducing rates, starting ideally at the May FOMC meeting. The senators argue that the current high interest rates have significantly hindered major renewable infrastructure projects across the country, putting the economy at risk and disproportionately affecting vulnerable populations. They highlighted the struggle of clean energy sectors, and the call was supported by @USProgressives.
Interest rates are too damn high, they hurt our most vulnerable, and they're putting our economy at risk. That's why I joined @USProgressives to again call on the @federalreserve to lower interest rates and end this squeeze on workers and families. https://t.co/gElxv0qM40
Senator Elizabeth Warren urges Federal Reserve Chair Jerome Powell to cut interest rates to help struggling clean energy https://t.co/Hknq3OJ9ws
Senator Elizabeth Warren urged Federal Reserve Chair Jerome Powell to cut interest rates, saying the hikes have “completely tanked major renewable infrastructure projects across the country.” https://t.co/cJTfYpj30m
BREAKING‼️: Senator Elizabeth Warren and other Democratic Senators, in a letter to Fed Chair Jerome Powell, urge him to cut interest rates. #Bitcoin https://t.co/Um1Lbdlctu
❖ Warren Urges Powell to Cut Rates to Help Struggling Clean Energy Senator Elizabeth Warren urged Federal Reserve Chair Jerome Powell to cut interest rates, saying the hikes have “completely tanked major renewable infrastructure projects across the country.”…
🚨BREAKING: Senator Elizabeth Warren and Bernie Sanders urge FED Chair Jerome Powell to lower interest rates. They want a “a clear and rapid timetable for reducing interest rates, ideally beginning at the May FOMC meeting,” according to a letter sent to Powell. Can you imagine… https://t.co/sXD5KivOn1