Sen. Warren Says Fed Chair Wants to Make Millions of Americans Jobless to Fight Inflation

Sen. Elizabeth Warren (D-Mass.) gestures as Federal Reserve Chair Jerome Powell testifies before a Senate Banking, Housing, and Urban Affairs Committee hearing on the "Semiannual Monetary Policy Report to the Congress" on Capitol Hill in Washington on June 22, 2022. Elizabeth Frantz/Reuters

Sen. Elizabeth Warren (D-Mass.) has criticized Federal Reserve Chair Jerome Powell’s handling of the economy, accusing him of trying to put up to 2 million Americans out of work as part of the central bank’s efforts to bring down inflation.

Warren made the comments in an interview on NBC’s “Meet the Press” on March 19 in which she called the Fed’s interest rate hikes “extraordinary” and “extreme.”