Squawk Pod Sen. Elizabeth Warren on a Credit Card Rate Cap and Affordability 1/14/26
4 snips
Jan 14, 2026 
Senator Elizabeth Warren, a U.S. Senator focused on consumer financial reform, discusses President Trump's surprising proposal to cap credit card interest rates at 10%. She highlights rising consumer costs and advocates for legislative changes to improve affordability. Also, Arthur Brooks, Harvard professor and columnist on happiness, shares insights on New Year’s resolutions. He emphasizes the importance of meaningful work, social connections, and setting boundaries with technology to enhance wellbeing and fight against social media-induced envy.
AI Snips
Chapters
Transcript
Episode notes
Lowering Everyday Costs As 2026's Issue
- Sen. Elizabeth Warren frames lowering everyday costs as the defining economic issue for 2026 and ties it to policy choices.
- She argues lawmakers must choose bold, people-first actions rather than catering to billionaire donors.
Press Republicans To Pass Housing Supply Bill
- Sen. Elizabeth Warren urges President Trump to push House Republicans to pass a bipartisan housing-supply bill already approved by the Senate.
- She says immediate executive pressure could move the stalled measures and lower housing costs.
Prioritize Consumers Over Industry Claims
- Evaluate industry data but prioritize consumer costs when considering interest-rate caps.
- Consider that community banks and credit unions already offer much lower rates, so targeted reforms are feasible.