,,iii  #aaith ,,congress  #ast ,session 
,s4 ,,res4 #cdg  ,,in ,,the ,,senate    
,,of ,,the ,,united ,,states  ,july #cj1
 #bjbe ,mr4 ,moreno submitted the       
following resolution2 which was referred
 to the ,committee on ,banking1         
,housing1 and ,urban ,affairs           
,,resolution  ,expressing the sense of  
the ,senate that the ,board of          
,governors of the ,federal ,reserve     
,system and the ,federal ,open ,market  
,committee should take immediate steps  
to lower interest rates to support      
economic growth1 job creation1 and      
affordability for ,american families and
 businesses4  ,whereas high interest    
rates increase borrowing costs for      
,american families1 small businesses1   
and domestic industries1 limiting access
 to affordable credit for home          
ownership1 education1 and               
entrepreneurial endeavors2  ,whereas    
elevated interest rates contribute to   
higher costs for goods and services1    
placing financial strain on households  

and reducing consumer spending1 which is
 a critical driver of economic growth2  
,whereas lower interest rates can       
stimulate investment and economic       
activity1 particularly in the housing1  
manufacturing1 and technology sectors2  
,whereas the ,federal ,reserve has a    
dual mandate to promote maximum         
employment and stable prices1 and       
current economic conditions would       
benefit from a monetary policy          
adjustment to prioritize growth2        
,whereas ,president ,donald ,j4 ,trump  
has argued that the current ,federal    
funds rate1 targeted between #d4be and  
#d4e percent1 is at least #c percentage 
points too high1 costing the ,united    
,states approximately #cfj1jjj1jjj1jjj  
per point annually in refinancing the   
costs for the national debt2  ,whereas  
,president ,trump has stated that       
inflation is low and companies are      
increasingly investing in the ,united   
,states1 demonstrating that high        
interest rates are unnecessary to       

control price pressures and such rates  
hinder economic expansion2 and  ,whereas
 the ,senate respects the independence  
of the ,federal ,reserve but recognizes 
its critical role in fostering a stable 
and prosperous economy for all          
,americans3 ,now1 therefore1 be it      
,that it is the sense of the ,senate    
that the ,board of ,governors of the    
,federal ,reserve ,system and the       
,federal ,open ,market ,committee should
 immediately take such actions as may be
 necessary to reduce interest rates1    
especially the ,federal funds rate4