Bloomberg Talks Senator Elizabeth Warren Talks Credit Card Caps, Powell
Jan 12, 2026
U.S. Senator Elizabeth Warren, a fierce advocate for financial regulation, discusses pivotal policies on affordability and credit card interest rates. She reveals a surprising call from President Trump after her speech, highlighting her push for bipartisan cooperation on economic issues. Warren emphasizes the need for Democrats to be vocal in their fight for lower costs and critiques economic policies leading to rising expenses. She also touches on the independence of the Federal Reserve and her willingness to pursue testimonies that could impact consumer protection.
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Post-Speech Call From The President
- Elizabeth Warren recounts that Donald Trump called her after her National Press Club speech to discuss lowering costs for families.
- She says the conversation focused on concrete measures like credit-card rate caps and housing supply bills.
Move From Talk To Tangible Policy
- Elizabeth Warren urges Congress and the president to stop talking and start delivering cost-lowering policies for families.
- She points to credit-card interest caps and the bipartisan housing bill as immediate actions to take.
Lowering Costs As Political Rebuilding
- Warren argues Democrats can rebuild trust by fighting to lower costs just as past reforms built middle-class security.
- She frames this fight as necessary even if it angers billionaires or corporate CEOs.