President Donald Trump called Sen. Elizabeth Warren, D-Mass., on Monday to work together on capping interest rates on credit cards.
“He said he wanted to work on that, I said, ‘Great, let’s get something done,’” Warren, the Senate Banking Committee ranking member, said on Wednesday in an interview on CNBC’s “Squawk Box.”
Trump called Warren after she gave a speech at the National Press Club, where she laid out a strategy for Democrats to win back majorities in the House and Senate in the 2026 midterms. Warren has been a frequent target of Trump’s ire over the years.
“My point was ... he had not lifted a finger to try to get something through on credit card interest rate caps,” Warren said.
Trump last week proposed capping credit card interest at 10% in a Truth Social post.
