Political Quotes

On the recordMarch 3, 2022
since President Biden took office, we have seen historic job growth and a dynamic economy. Wages are rising, and they are rising fastest for working-class Americans. But despite this significant economic progress, today, too many American families are still facing pressing economic challenges: a global pandemic now entering its third year, ongoing disruptions to international supply chains that result in rising prices, and now the economic shocks caused by Putin's aggression, his invasion of Ukraine and the response by the West--a united effort to impose sanctions on Russia, which will also have consequences for the global economy. The Federal Reserve exists, in part, to address issues just like these. The Fed doesn't just set interest rates and control our money supply; it oversees banks, ensures efficient and reliable payments, promotes consumer protection and community development. When our economy is facing such foundational challenges like the ones we are up against right now, it is crucial our institutions are at full strength.…
Said by
Chris Coons
Democratic · Delaware

Share

More from Chris Coons

Jul 19, 2026

The Department of Justice, like every single department in the executive, is part of the executive.

coons.senate.gov
Jul 17, 2026

Every small business began with someone taking a chance on a new idea, and new AI tools will make it easier than ever to turn those ideas into business plans, sales, and storefronts.

coons.senate.gov
Jun 30, 2026

Today’s decision will bring the kind of leadership chaos we’ve seen at the Department of Homeland Security, the Department of Justice, and the Office of the Director of National Intelligence to agencies that protect workers, keep our…

coons.senate.gov
Jul 3, 2026

Congress needs to take up and pass the IGNITE HBCU Excellence Act to modernize campuses across the country so that HBCUs have the technology, facilities, and resources they need to educate the next generation.

scott.senate.gov

Other voices in this conversation