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The Latest Breaking News from Elizabeth Warren

Why Donald Trump’s '600% saving' claim on drug prices doesn’t add up

President Trump asserted drug prices dropped over 100%, a mathematically impossible claim, defending a "different way" of calculating reductions. He cited hypothetical scenarios of massive price hikes and subsequent drops to justify his administration's claims, drawing criticism for flawed math. Other disputed statements on Iran and inauguration crowds were also…

The Times of India

Trump's Spirit Airlines Rescue Talks Ignite Concern of Government Control Over Private Business: Report

As the Trump administration weighs a potential rescue of Spirit Airlines from bankruptcy that would have the government own 90% of the company, numerous analysts have noticed a similar pattern across other industries.

International Business Times

Seth Meyers on Kash Patel: ‘He has resting “run for your lives” face’

Late-night hosts discussed allegations of excessive drinking by the FBI director and Trump’s Iran war frustration

The Guardian - US

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'I know a bubble when I see one': US senator's grave warning about the AI industry

Senator Warren fears another '2008-style financial crisis'.

PC Gamer

RFK Jr Defends Trump With 'Bizarre' Math Logic Claiming Percentage Reductions Work Differently For The President

RFK Jr. defended Trump's unconventional drug price reduction calculations at a Senate hearing, sparking criticism from mathematicians and senators who argue the math is incorrect and misleading.

International Business Times UK

Democrats say cuts to social security have caused ‘customer service chaos’ for American seniors

Report from Elizabeth Warren calls Trump administration cuts to Social Security Administration ‘catastrophic’

The Guardian - US

Fed chair nominee Warsh rejects 'Trump sock puppet' label at Senate hearing

Kevin Warsh, the nominee for Chair of the US Federal Reserve, declared he has not pledged to lower interest rates to secure his position despite public calls from US President Donald Trump for immediate monetary easing.

Euronews

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A realtor unlocked a woman’s apartment door and walked in on her undressed. Then had the nerve to stand there: ‘I just need 5 minutes’

A realtor just walked into a woman’s apartment without knocking, found her not properly dressed, and then had the nerve to stand there insisting she only needed five minutes. The incident, captured in a now-viral video on X, has sparked outrage over tenant privacy and the growing problem of aggressive…

The Mary Sue

Kevin Warsh would be one of the wealthiest Fed chairs ever and says he ‘lived the American Dream.’ Here’s what he wants for the central bank

During and after the pandemic, the Fed “missed its mark,” Warsh told senators, and the U.S. economy is “still dealing with the legacy of policy errors.”

Fortune

Trump’s Fed chair pick says he’ll maintain independence – but won’t say president lost 2020 election

Kevin Warsh says ‘we need to take politics out of monetary policy’ as Elizabeth Warren calls him Trump’s ‘sock puppet’

The Guardian - US

Fed Chair Nominee Kevin Warsh Says Central Bank Will Remain 'Strictly Independent'

President Donald Trump's nominee to be the next chair of the Federal Reserve, Kevin Warsh, said in his confirmation hearing Tuesday that the central bank will remain "strictly independent" and rejected he will be the president's "sock puppet."

International Business Times

Warsh vows Fed independence; Democrats assert financial conflicts

Kevin Warsh, the nominee to be next chairman of the Federal Reserve, promised senators Tuesday that the central bank would maintain its independence from the White House under his leadership and that he would divest assets that raised conflict-of-interest concerns among Democrats. Warsh tried to reassure lawmakers at the Senate…

Roll Call

Fed chair nominee Warsh to field questions about Fed independence

Republicans and Democrats on the Senate Banking Committee appear poised to question Kevin Warsh, the nominee to be the next chairman of the Federal Reserve, on the central bank’s independence — but from different angles — during a hearing scheduled for Tuesday. Ranking member Elizabeth Warren is also expected to question…

Roll Call

Analilia Mejía wins special election for Sherrill’s seat in New Jersey

Democrat Analilia Mejía, a progressive organizer with ties to labor interests, won Thursday’s special election in New Jersey for the seat formerly held by Gov. Mikie Sherrill. Mejía was leading Republican Joe Hathaway, the mayor of Randolph Township, 70 percent to 29 percent not long after The Associated Press called…

Roll Call

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Fortune

Elizabeth Warren on her proposal to bring back IRS Direct File: ‘For just one day of bombing Iran, we could pay for 20 years’

“For years, giant tax prep companies like TurboTax and H&R Block have rigged our system so they can cash in on your hard-earned dollars.”

The Independent UK

Trump Mobile gives users a first look at the ‘T1’ phone - and it comes with plenty of gold

There still isn’t a clear release date for the new-look smartphone

Fortune

Over 296,000 happy users last year, 0 this year: How big tax prep crushed the IRS’s free filing tool

Roll Call

Betting against political prediction markets

The rise of political prediction markets and several well-timed trades have spurred lawmakers to introduce multiple bills aimed at stopping or regulating insider trading in prediction markets. But lawmakers are far from agreeing on how far to extend such bans. “Members of Congress should be prohibited from participating in prediction…

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International Business Times UK

Over 1M Americans 'At Risk' in Middle East War Zone as DOGE Cuts Leave State Department Unable to Help

Fired foreign service officers say the State Department rejected their offers to help evacuate Americans from the Iran war zone.

The Guardian - US

Democrats accuse ICE of creating ‘disappearances’ on US soil

Lawmakers led by Elizabeth Warren in scathing letter say system used to track detainees ‘increasingly unreliable’

The Times of India

Elizabeth Warren questions MrBeast’s teen banking app over crypto concerns

Senator Elizabeth Warren has formally questioned MrBeast's company, Beast Industries, regarding their new money app, Step, for young people. Concerns center on the app potentially encouraging cryptocurrency use among minors, with a video reportedly guiding children on how to discuss crypto with parents. The app's association with Evolve Bank and…

Roll Call

Senate Democrats call on CMS to rein in Medicare Advantage abuses

A group of Democratic senators led by Elizabeth Warren is pushing the Centers for Medicare and Medicaid Services to rein in abuses from Medicare Advantage insurers as the Trump administration considers a policy that would enroll more seniors in the program. The senators allege that Medicare Advantage is rife with…

The Times of India

MrBeast and Elizabeth Warren controversy explained: What triggered the probe into Step banking app

Elizabeth Warren has questioned MrBeast over his company’s teen banking app after concerns about crypto messaging and how it targets young users. She warned that the platform may encourage kids to influence parents on financial decisions. While no wrongdoing is alleged, regulators are seeking clarity as the creator expands into…

The Guardian - US

Cory Booker says Democrats have ‘failed this moment’ and calls for new leaders

New Jersey senator also says party has ‘too small of a coalition’ as it seeks to confront ‘new challenges’

Fortune

The ROAD Act passed by the Senate aims to expand America's housing supply. It's likely to shrink it instead

The ROAD Act aims to keep big investors out of the single family home rental market. Critics say that could kill investment in new homes, and drive up prices.

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