Senator Warren on Credit Card Rates, Fed Independence, and Bill Pulte

Collaboration on Lowering Costs

• 🤝 Senator Elizabeth Warren discussed a call with Donald Trump where they talked about lowering costs for American families, specifically mentioning a cap on credit card interest rates and the housing bill.
• 🎯 Warren emphasized that while Trump promised to lower costs, he hasn't delivered, and she wants to see concrete proposals and action rather than just talk.
• 🇺🇸 She stated her willingness to work with anyone, including President Trump, to lower costs for American families, framing it as the core job of Congress.

Economic Policies and Affordability

• 📈 Warren criticized Republican policies for driving up costs in groceries, healthcare, housing, and utilities, holding them accountable for the economic stress on families.
• 🏛️ She highlighted that Democrats have a history of fighting for programs that build financial security, such as Social Security and the minimum wage, and it's their time to rebuild trust by delivering on lowering costs.
• 💰 The senator believes that Democrats must win in November 2024 by building credibility on the issue of lowering costs for American families.

Federal Reserve Independence

• ⚠️ Warren expressed strong opposition to the DOJ probe into Fed Chair Powell, viewing it as a pretext for Donald Trump to control the Federal Reserve.
• 🏦 She stressed the critical importance of Fed independence to ensure monetary policy decisions are based on data, not politics, to avoid long-term economic damage and maintain confidence.
• 🗣️ Warren stated that while she is not a supporter of Jerome Powell, she is a supporter of Fed independence and condemns the weaponization of the Department of Justice.

Investigating Bill Pulte

• ❓ Regarding the allegations surrounding the probe into Fed Chair Powell, Warren stated she would be very glad to subpoena Bill Pulte to testify before the Senate Banking Committee.
• ⚖️ She emphasized the need for cooperation from Republicans to ensure Pulte testifies under oath.