Talk about unlikely partners. Sen. Elizabeth Warren (D-MA) on Monday said President Donald Trump called her to talk about his plan for capping credit card interest rates as both Democrats and Republicans are increasingly focused on “affordability” heading into the 2026 midterms.
Warren said she was open to working with the president on his plan — if he got Republicans to support legislation she supports. Punchbowl News reporter Brendan Pedersen shared the Trump-Warren phone call news on X.
“After my speech, the president called me, I delivered this same message on affordability to him directly,” Warren said. “I told him that Congress can pass legislation to cap credit card rates if he will actually fight for it.”
Putting aside the petty and long differences these two have had, in such a deeply polarizing moment, seeing any Democrat (outside of John Fetterman) willing to work with Trump on legislation that could positively affect everyone is striking. That said, it’s fair to ask how serious Trump and Warren actually are about capping credit card interest rates. Warren has said she spoke with Trump about the issue last year, and with the midterms coming up in November, she knows she has leverage, especially given that the opposition party is often favored in those elections. Still, lowering costs for working people should be the top priority for all politicians, credit card interest rates are through the roof, and this is something Trump needs to deliver on.
RELATED: National Review Warns Trump’s Credit Card Interest Cap Is a ‘Terrible Idea’ That Would Destroy GOP In Midterms
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