During a recent appearance on “The Late Show with Stephen Colbert,” Senator Elizabeth Warren discussed her concerns about President Trump’s use of emergency powers and the effect it is having on the economy. The conversation took a lively turn as Warren revealed that GOP Senators are avoiding eye contact and failed to provide arguments in defense of the President’s actions.
When asked about her conversations with Republican colleagues behind closed doors, Warren emphatically responded, “They don’t make eye contact anymore. They have no argument. They know what’s happening.” According to Warren, GOP Senators understand the chaos that tariffs create, causing uncertainty in the market and hindering investments in the country.
Highlighting a provision in the law that allows the President to declare an emergency and make market-altering decisions, Warren called for Congress to assert its power and vote on whether an emergency exists. Alongside Senator Ron Wyden, she introduced a bill to challenge Trump’s actions and force a vote that will reveal where Republicans stand – either in support of Trump or in defense of the American people.
Warren further raised concerns about the potential for insider trading, particularly as Trump’s market-altering decisions create opportunities for individuals to profit. She called for an investigation into whether members of Congress, the administration, or the President’s family made bets on the market that could be traced back to them.
To ensure accountability, Warren requested an investigation by the Securities and Exchange Commission (SEC) and the Department of Justice, acknowledging the potential bias within these agencies. However, she is not willing to let them off the hook, emphasizing that it is their duty to do their jobs. In addition, she reached out to state attorneys general, urging them to conduct an independent investigation to uncover any insider trading and hold individuals accountable.
Not stopping at investigations alone, Warren also advocated for a change in the law to prevent senators, representatives, and their spouses from buying or selling individual stocks. She pointed out that previous presidents put their holdings into blind trusts and disclosed their financial information, highlighting Trump’s failure to follow this precedent.
Although Democrats do not hold a majority in Congress, Warren emphasized the power they still possess. By demanding others do their jobs and continuously calling out Republicans, she believes it only takes a handful of GOP Senators to stand up and put an end to the chaos and corruption that plague the country.
Warren’s appearance on “The Late Show with Stephen Colbert” shed light on her concerns about Trump’s use of emergency powers and its impact on the economy. With her passionate remarks and calls to action, she made it clear that she and her Democratic colleagues are determined to hold the administration accountable and fight for the American people.
