Senator Elizabeth Warren just said the quiet part out loud about the Democratic Party’s relationship with the working class.
During an appearance at the National Press Club, Warren admitted that the party had lost the support of working people.
“Democrats weren’t always the default option,” Warren said.
”Once, we were trusted by working people.”
Elizabeth Warren says the quiet part out loud: “Democrats weren’t always the default option. Once, we were trusted by working people.” pic.twitter.com/Tn41UfOsXy
— TheBlaze (@theblaze) January 12, 2026
Following her speech, Warren revealed that Trump had personally reached out to her about her determination to drive down costs for Americans.
She followed up on her X:
This morning, I gave a speech noting how Donald Trump is driving up costs for families, sowing terror and chaos in our communities, and abusing his power to prosecute anyone who criticizes him.
I also laid out an argument for how Democrats should fight back and win.
In my remarks, I made it clear that despite promising to lower costs On Day One, Trump has done nothing but raise costs for families.
I said that if he really wants to get something done, including capping credit card interest rates or lowering housing costs, he would use his leverage and pick up the phone.
After my speech, the President called me, and I delivered this same message on affordability to him directly. I told him that Congress can pass legislation to cap credit card rates if he will actually fight for it.
I also urged him to get House Republicans to pass the bipartisan ROAD to Housing Act, which passed the Senate with unanimous support and would build more housing and lower costs.
No more delays. It’s time to deliver relief for American families.
Donald Trump called me today.
It’s long past time to deliver lower costs for working people. pic.twitter.com/DTpLureu2g
— Elizabeth Warren (@SenWarren) January 12, 2026
Their call came after Trump publicly pledged to cap the extortionate interest rates charged by credit card companies like American Express.
“Please be informed that we will no longer let the American Public be ‘ripped off’ by Credit Card Companies that are charging Interest Rates of 20 to 30%, and even more, which festered unimpeded during the Sleepy Joe Biden Administration,” Trump wrote on Truth Social.
“Coincidentally, the January 20th date will coincide with the one-year anniversary of the historic and very successful Trump Administration.”
HUGE: President Donald J. Trump announces a one year cap on Credit Card Interest Rates of 10% effective January 20, 2026. pic.twitter.com/WKJ4Fk4SnC
— The White House (@WhiteHouse) January 10, 2026
