Sen. Elizabeth Warren (D-Mass.) on Wednesday contrasted President Donald Trump's growing personal fortune with the financial strain facing American workers, saying his net worth rose by $1.4 billion over the past year even as inflation continued to outpace wage growth.

"Real wages for working Americans are down. Tells you everything about who Trump is fighting for, and it's not you," Warren said in a post on X.

Warren Says Inflation Is Eroding Wage Gains

In a video shared on X, Warren cited the latest inflation data, which showed that consumer prices rose 4.2% year over year while wages increased 3.4%, adding that inflation was eroding workers' purchasing power despite pay gains.

Headline inflation accelerated to 4.2% year over year in May from 3.8% in April, reaching its highest level in more than three years. The latest reading put inflation even further above the Federal Reserve's 2% target.

She highlighted Trump's remark earlier this month that he "loves inflation," saying the data showed Americans were "actually worse off than you were last year" because "you got a raise, but you're still losing ground."

"More dollars, but less that you can afford to buy."

Warren Blames Tariffs, Iran Conflict For Price Pressures

Warren said Trump's tariffs and the conflict in Iran contributed to rising costs across the economy, citing a 6.5% year-over-year increase in producer prices.

She added that businesses would ultimately pass those costs on to consumers, with Americans already paying more for groceries, electricity, rent and medical care.

"President Trump loves inflation. Makes sense for him and for his billionaire friends, but does it make sense for you?" Warren added.

Markets will get another read on inflation with the release of June CPI data on July 14 and producer price data a day later.

Forbes Estimate On Trump's Net Worth

According to Forbes' latest estimate, Trump's net worth stood at $6.5 billion as of March, driven largely by gains from his cryptocurrency ventures, licensing business and a favorable court ruling that eliminated a roughly $500 million judgment against him.

Forbes said the increase came despite a roughly $1.3 billion decline in the value of Trump's stake in Trump Media & Technology Group Corp (DJT), the parent company of Truth Social, as the company continued to report losses.

Warren has repeatedly pushed legislation to ban individual stock trading by government officials, highlighting Trump's disclosed purchases of Micron Technology Inc (MU) and Dell Technologies Inc (DELL) shares after he publicly praised the companies, drawing scrutiny over the timing of the trades.

Market data indicates DJT has a Momentum score in the 3rd percentile, and a negative price trend across short, medium and long term.