- Elizabeth Warren criticized Trump's Fed control attempts.
- Said it undermines America worldwide.
- Spoke on Monday about these efforts.
The Massachusetts senator, who chairs the Senate banking committee, criticized the US president's most recent attempt to undermine the central bank's independence in remarks made at the National Press Club in Washington, DC, following the Department of Justice initiating a criminal investigation into Jerome Powell, the bank's chair.
About Trump, Warren said:
“He’s saying, ‘I want to put my hands on the dials on monetary policy,’ and Jerome Powell and some of the Fed have resisted him and have said, very calmly, that they’re going to continue to look at the economic data and make decisions based on what the economic data says.
What Trump is trying to do is terrible for our economy but it undermines America all around the world.”
Warren added:
“The Fed has been the gold standard for [data-driven] monetary policy decision making and Donald Trump is just burning that to the ground and that’s going to be costly to the United States,”
she added.
The topic of Warren's 2020 Democratic presidential campaign address was the
"Future of the Democratic Party, Building a Big Tent Ahead of 2026 Midterm Elections."
She stated that attacking Trump alone would not be sufficient to create a "sturdy big tent" for the party, which lost badly in 2024 and is currently having difficulty regaining its footing.
“A Democratic party that worries more about offending big donors than delivering for working people is a party that is doomed to fail – in 2026, 2028 and beyond,”
she said.
“Democrats need to earn trust – long-term, durable trust-across the electorate … even when that means taking on the wealthy and well-connected.”
She claimed that Trump's speech has lessons for Democrats.
"Donald Trump pledged to cut costs for American families on day one and stood up almost every day for a solid year."
Rather, she stated that the Trump administration's policies have increased expenses,
"so this is the moment for Democrats to stand up and first call Trump to account for his betrayal to the American people but also to lay out our own agenda."
What specific economic policies did Warren outline for Democrats?
Senator Elizabeth Warren outlined Egalitarians' profitable reanimation through targeted commercial reforms during her January 12, 2026 reflections censuring Trump's Federal Reserve hindrance.
Warren prioritizes civil legislation banning commercial price- fleecing in groceries, casing, and medicinals, empowering the FTC to put treble damages on enterprises exceeding cost- plus- 15 cheapies during force chain normality projecting $250 billion periodic consumer relief mirroring Biden- period insulin caps.
An "Ultra-Millionaire Tax" on 100,000 homes above $50 million net worth would yield$ 3 trillion over a decade, funding universal childcare, free public council, and$ 640 billion pupil debt cancellation reclaiming platforms from 2020 while indexing thresholds to affectation.