Cole Statement on Federal Reserve Interest Rate Hike

Statement

"The Federal Reserve's attempt to cool the nation's out-of-control, 40-year high inflation is unfortunately probably several months too late. Moreover, the fact that such action is even necessary should serve as a wake-up call for the Biden Administration. Indeed, the Administration can no longer ignore this crisis and must end its wasteful spending and work with Republicans to ease the burden on the American people."

Source