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Richard Neal: “The Federal Reserve Board report indicates people are using…”

Featuring: Richard Neal, Democratic | U.S. House Massachusetts, 1st Congressional District

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Neal challenges treasury secretary on economic policies

Published | Video Starts at 00:44

During today's hearing, Neal pressed Besant on tariffs, trade policy and inflation, arguing the administration's economic policies are driving up costs for consumers. Neal pointed to price increases on items like ground beef, gasoline and airfare, while also … The Federal Reserve Board report indicates people are using their credit cards more, showing economic difficulties for many Americans. … not really a problem that denies reality. Neal says the conflict in Iran is driving up prices here at home. Last night, he voted for a War Powers Resolution aimed at limiting the president's military actions in Iran. (00:44–00:55)

CLAIM

Asserts that a Federal Reserve Board report shows increased credit card usage due to economic difficulties.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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