Today what a privilege it is to join with a dear dozen Members from across the Congressional Labor Caucus and Congressional Steel Caucus to address the devastating harm the Trump administration and DOGE have exacted on people, our communities, the cost of living, and job losses across our Nation. Job loss and the withholding of funding by the Trump administration of awarded contracts, Federal contracts, withdrawing those from investment across our country, has caused real ruptures in district after district after district. We are going to summarize just some of those tonight. Today, the Federal Reserve lowered interest rates by a quarter percent. Why did they do that? It was to soften the ongoing damage of an unsteady economy. From our region of northwest Ohio all the way to Illinois, New Jersey, New York, Louisiana, New Mexico, Maryland, Michigan, Hawaii-- the list is long--please listen to the stories of real U.S. companies, workers, and communities that are being devastated by job losses and broken promises. Meanwhile, inflation and prices are steadily on the rise due to the GOP's reckless tariffs. First, we must ask why the Trump administration is stopping the investment of billions upon billions of dollars in projects that were awarded to make America great again. The answer is the Trump trade war. Well, but then on top of that, this tariff regime is raising prices on everything for American households.
Editor's note · Context
Addressing the economic impact of the Trump administration's policies on job losses and inflation.
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