Leader Schumer Floor Remarks Denouncing Senate Republicans’ Failure To Stand Up For American Families Amid A Republican-Created Affordability Crisis

Washington D.C.- Today, Senate Democratic Leader Chuck Schumer (D-NY) spoke on the Senate floor on Donald Trump's affordability crisis, and to criticize his Republican colleagues for blocking legislation that would help lower American families' costs right after the Federal Reserve raised interest rates in reaction to the Trump administration's failed war and reckless economic policies. Below are Senator Schumer's remarks, which can also be viewed here:

Every day, we see how much the chaos Donald Trump injects into our economy costs the American people.

Yesterday, the Federal Reserve increased interest rates for the first time in three years to fight the Trumpflation fueled by the president's tariffs and disastrous war against Iran.

Everything is going to become more expensive because Donald "I love the inflation" Trump is doing everything he can to drive their costs up.

Every time an American takes out a loan - for a house, a car, a credit card, or anything else - they're going to get settled with higher interest payments.

Trump indulges his chaos and corruption. Americans pay more. It's as simple as that.

And instead of doing anything to bring down costs, to stop his tariffs, to end his war, Trump does what he always does and calls affordability a "made up" word. This man doesn't get it. He said it again in North Carolina just yesterday. Does Donald Trump think that North Carolina voters think that affordability is a made-up word? Does Donald think, when North Carolina families sit around the kitchen table and figure which bills they can afford to pay and not afford to pay, that that's made up? When he says these things in North Carolina, he may be saying it to a few hundred of his MAGA supporters, but the rest of North Carolina hears it and says, I don't want this guy, and I don't want a Senator who's going to go along with him.

Only Trump could look at this economic pain he has inflicted on the American people and claim that he is the victim. Donald: if the word "affordability" bothers you so much, then do something about it. Stop with the pity party.

Trump also bashed the Federal Reserve Board for simply doing its job and renewed his threat to cut off a vast swath of US trade if the Fed refuses to lower interest rates.

Donald Trump wants to hold the American economy hostage and demand that the Fed pay the ransom.

Trump isn't doing anything to lower costs, and neither are Senate Republicans.

Just yesterday, I pushed to pass my legislation to end Trump's tariff tax and deliver some relief to American families. Who blocked it? Senate Republicans, of course.

That was Republicans' first chance to lower costs for Americans since we've been back from our state activities for five weeks, and based on their schedule, it is also likely Republicans' last opportunity to stop Trump's costly tariffs before Election Day. Instead of lowering families' costs, Republicans said yes. Instead of lowering families' costs, Republicans voted against us.

And again, the bottom line: this may have been the last opportunity to get rid of these tariffs, which are raising Americans' costs, before Leader Thune calls the session to a close.

Republicans better get ready to pay a political cost in November on par with the economic cost they've inflicted on the American people. America doesn't like it.

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