Elizabeth Warren demands answers on costs, economic impact of 'illegal and reckless war'
By Jeff Cox
Published on March 20, 2026.
Senator Elizabeth Warren, a Democrat from Massachusetts and ranking member of the Senate Banking, Housing, and Urban Affairs Committee, is demanding answers to economic questions surrounding the Iran war. She sent a letter to administration officials expressing concern over the impact of the war on food, energy, and retail costs. Warren accused President Donald Trump of "dragging the United States into an illegal and reckless war" that will negatively impact U.S. consumers, particularly in the middle and lower classes. Since the war began three weeks ago, energy costs have surged, with the benchmark global oil price approaching $110 a barrel and costs at the pump nearing $4 a gallon. The letter was addressed to Treasury Secretary Scott Bessent, National Economic Council Director Kevin Hassett, and acting chair of the Council of Economic Advisers.
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