Elizabeth Warren Slams Trump Over Rate Cuts After Pushing the Same Under Biden

Senator Elizabeth Warren is once again proving that, when it comes to Democratic politics, hypocrisy knows no bounds.

This week, Warren lashed out at President Donald Trump for criticizing Federal Reserve Chairman Jerome Powell and calling for interest rate cuts. Warren appeared on CNBC to accuse Trump of threatening economic stability and likened his push for rate cuts to the actions of a “two-bit dictatorship.” Her dramatic warning? That if Powell were removed, it could "crash the markets."

But here’s the kicker just seven months ago, Warren was demanding the exact same thing. Under Joe Biden, the senator wrote to the Federal Reserve asking for rate cuts of 75 basis points, warning that the Fed was risking a recession if it didn’t act.

So which is it, Senator?

• In a September 2023 letter, Warren and other Senate Democrats pressured Powell to ease rates, citing housing affordability and economic slowdowns.

• At the time, inflation remained above the Fed’s 2% target, yet Warren claimed rate cuts were “urgently” needed to avoid economic harm.

• Under Biden, the Fed raised interest rates to a 22-year high, directly contributing to skyrocketing mortgage rates and choking the housing market yet Warren only grew louder in demanding Powell reverse course.

Fast forward to today: Trump, citing falling oil prices, declining food costs, and stronger tariff revenue, says the Fed should cut rates echoing what the European Central Bank is already doing.

Warren’s outrage? Suddenly it’s a threat to democracy.

“If interest rates in the United States are subject to a president who just wants to wave his magic wand,” she huffed, “this doesn’t distinguish us from any other two-bit dictatorship.”

That kind of fear-mongering might work on MSNBC, but it doesn’t hold up under scrutiny. The reality is simple: Democrats like Warren only oppose rate cuts when a Republican is in office. When Biden is steering the ship, they’re more than happy to bully the Fed into doing their political bidding.

Let’s not forget Trump appointed Powell in the first place, and under his leadership, the U.S. saw record-low unemployment, historic wage growth, and a booming stock market. Now, as Biden’s economic policies continue to flounder and Americans struggle under high prices, the Left wants to pretend Trump’s push for rate relief is reckless.

It’s the same script, every time: Democrats play economist when it suits them and defender of institutions when it doesn’t. Elizabeth Warren’s latest stunt is just another reminder that consistency has never been a Democrat strong suit especially when Donald Trump is involved.

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