Senator Rick Scott said, “President Biden and Chair Powell need to wake up. When you grow up poor, as I did, you know how much it means to a family when prices go up. Today’s CPI data is clear – inflation is on the rise. Yet Biden and Powell remain in la-la land, ignoring the fact that prices of every day goods, like groceries and essential business supplies, are rising and making it harder for folks to make ends meet.

“Americans can’t afford for this to be ignored any longer. It’s time for Biden and Powell to return to reality and lay out a clear plan to address rising inflation and protect American families.”

Since being elected to the U.S. Senate, Senator Scott has repeatedly urged action to address America’s debt crisis and the harmful effects of inflation: