Democrats tell Fed chief rate hikes ‘disregard’ working families

Close to a dozen Democratic lawmakers called on Federal Reserve Chairman Jerome Powell to explain how many Americans will lose their jobs as a result of their efforts to mitigate high inflation.

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Sens. Elizabeth Warren (Mass.), Bernie Sanders (I-Vt.), Jeff Merkley (Ore.), and Reps. Madeleine Dean (Pa.), Jesús Garcia (Ill.), Sylvia Garcia (Texas), Katie Porter (Calif.), Stephen Lynch (Mass.), Rashida Tlaib (Mich.) and Jamaal Bowman (N.Y.) signed the letter to Powell sent on Monday.