Overview

• In her August 4 CNBC interview, Sen. Elizabeth Warren argued that groceries, housing and health-care prices have risen, contradicting Trump’s pledge to lower costs from “Day One.”
• President Trump responded within minutes on Truth Social by claiming he had “cut costs, especially Energy and Taxes, tremendously” and deriding Warren as “Pocahontas” and a “loser.”
• Conservative outlets have countered that the recent price increases stem largely from Biden-era policies and preceded Trump’s second term.
• The clash follows Trump’s firing of Bureau of Labor Statistics Commissioner Erika McEntarfer on August 1 after she released disappointing job data.
• The rapid-fire exchange underscores deep partisan disputes over the origins of inflation and the politicization of economic statistics.