,,iii #aai? ,,congress #a/ ,session ,s4 ,,res4 #cdg ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,july #cj1 #bjbe ,mr4 ,mor5o submitt$ ! foll[+ resolution2 :i* 0 ref]r$ to ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ,,resolution ,express+ ! s5se ( ! ,s5ate t ! ,bo>d ( ,gov]nors ( ! ,f$]al ,res]ve ,sy/em & ! ,f$]al ,op5 ,m>ket ,committee %\ld take imm$iate /eps to l[] int]e/ rates to support economic gr[?1 job creation1 & af=dability = ,am]ican families & bus9esses4 ,:]eas high int]e/ rates increase borr[+ co/s = ,am]ican families1 small bus9esses1 & dome/ic indu/ries1 limit+ access to af=dable cr$it = home own]%ip1 education1 & entrepr5eurial endeavors2 ,:]eas elevat$ int]e/ rates contribute to high] co/s = goods & s]vices1 plac+ f9ancial /ra9 on h\seholds & r$uc+ consum] sp5d+1 :i* is a critical driv] ( economic gr[?2 ,:]eas l[] int]e/ rates c /imulate inve/m5t & economic activity1 p>ticul>ly 9 ! h\s+1 manufactur+1 & te*nology sectors2 ,:]eas ! ,f$]al ,res]ve has a dual m&ate to promote maximum employm5t & /able prices1 & curr5t economic conditions w\ld b5efit f a monet>y policy adju/m5t to prioritize gr[?2 ,:]eas ,presid5t ,donald ,j4 ,trump has argu$ t ! curr5t ,f$]al funds rate1 t>get$ betwe5 #d4be & #d4e p]c5t1 is at lea/ #c p]c5tage po9ts too high1 co/+ ! ,unit$ ,/ates approximately #cfj1jjj1jjj1jjj p] po9t annually 9 ref9anc+ ! co/s = ! national debt2 ,:]eas ,presid5t ,trump has /at$ t inflation is l[ & companies are increas+ly inve/+ 9 ! ,unit$ ,/ates1 demon/rat+ t high int]e/ rates are unnecess>y to control price pressures & su* rates h9d] economic expansion2 & ,:]eas ! ,s5ate respects ! indep5d5ce ( ! ,f$]al ,res]ve b recognizes its critical role 9 fo/]+ a /able & prosp]\s economy = all ,am]icans3 ,n[1 !re=e1 be x ,t x is ! s5se ( ! ,s5ate t ! ,bo>d ( ,gov]nors ( ! ,f$]al ,res]ve ,sy/em & ! ,f$]al ,op5 ,m>ket ,committee %\ld imm$iately take su* actions z may be necess>y to r$uce int]e/ rates1 especially ! ,f$]al funds rate4