U.S. Senator Elizabeth Warren is raising concerns about President Donald Trump’s impact on the U.S. economy during his first 100 days in office. In a Substack blog post, Warren argued that Trump's actions are leading to economic instability rather than fulfilling his promises of reducing costs and boosting the economy.
Warren criticized Trump's tariffs, which she claims are increasing consumer prices and endangering the economy. She highlighted details of how these tariffs are affecting Americans, stating that many families are already in precarious financial situations.
Warren noted that, under Trump's leadership, there have been increases in credit card and auto loan delinquencies, reaching levels comparable to the post-2008 financial crisis and the peak of the COVID pandemic.
She also discussed a bipartisan resolution she is set to vote on with Senators Ron Wyden and Rand Paul, aimed at blocking Trump’s use of emergency powers to impose tariffs. Warren urged Republicans to support workers and consumers rather than Trump's agenda.
Quoted excerpts from Warren were shared as she criticized Trump's track record, suggesting that his policies are benefiting his personal interests and donors rather than the American public.
Senator Warren will join a press call with former White House economists to reiterate her concerns.