May 2 (UPI) -- Democratic Sens. Elizabeth Warren, Bernie Sanders, Sheldon Whitehouse and other lawmakers urged the Federal Reserve to stop interest rate hikes to avoid damaging the economy.
The letter, which was signed by 10 lawmakers, said that the Federal Reserve's aggressive actions were threatening to throw millions of people out of work. The letter was sent before Fed Chairman Jerome Powell is set to announce a 10th rate hike on Wednesday.