Sen. Menendez Presses Chairman Powell on the Fed's Response to Inflation
June 23, 2023
June 23, 2023
WASHINGTON, June 23 -- Sen. Robert Menendez, D-New Jersey, issued the following news release on June 22, 2023:
U.S. Senator Bob Menendez (D-N.J.), a senior member of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, during a hearing titled 'The Semiannual Monetary Policy Report to Congress' pressed Jerome Powell, the Chairman of the Board of Governors of the Federal Reserve System, about his statement that inflation has not responded to rate hikes.
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U.S. Senator Bob Menendez (D-N.J.), a senior member of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, during a hearing titled 'The Semiannual Monetary Policy Report to Congress' pressed Jerome Powell, the Chairman of the Board of Governors of the Federal Reserve System, about his statement that inflation has not responded to rate hikes.
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