Senator Elizabeth Warren of Massachusetts appeared on Face the Nation on November 8, 2026, to discuss her upcoming role as the chair of the Senate Banking Committee. Speaking from Cambridge, the Democrat addressed the priorities of the incoming Democratic majority and the potential for collaboration with the current administration.
When asked about shared ground with President Trump, Warren pointed to the president's stated desire to lower credit card interest rates to 10 percent and to take action on housing. She asserted that Democrats have bills ready to address these issues, along with measures to combat price gouging, protect rural hospitals, and expand healthcare access. Warren emphasized that many Democratic candidates campaigned on specific plans to fix broken systems rather than just offering general support for the middle class.
The senator highlighted a unified message across various states, with candidates in Michigan and Texas proposing to break up large pharmaceutical companies. In Kansas and South Carolina, candidates called for bolder housing legislation, while those in North Carolina and Alaska focused on breaking up grocery monopolies. Warren noted that these diverse proposals all center on the theme of economic power and the needs of American families.
Regarding the administration's willingness to work with Democrats on issues like immigration and tax convenience, Warren stated that the American people had set the agenda. She referenced a bipartisan housing bill passed the previous summer that bans private equity from the sector. Although President Trump did not sign the legislation, it became law, demonstrating that Democrats can deliver results with or without the president's cooperation.
Warren indicated that her committee would pursue both legislation and serious investigations into corporations that may have cheated American families or investors. She did not name specific individuals for subpoena but emphasized the need to hold accountable those who have benefited from rigging the system. She criticized the White House for dropping investigations after receiving large contributions, describing this practice as something that must end.
The interview also touched on the semiconductor industry and artificial intelligence. Warren noted substantial bipartisan support in the Banking Committee for restraints on chip exports to China. She mentioned that the committee had worked to stop the administration from permitting Nvidia to send chips to China and observed that consequences of those decisions are now emerging.
On the war in Iran, Warren described the conflict as illegal and noted that the administration has failed to explain its goals or exit strategy. With the Republican majority set to end in a few weeks, she acknowledged growing pressure to stop the war. She suggested that Democrats have various tools available to exert leverage and expressed readiness to fight for the will of the American people, inviting Republican colleagues to join them in ending the conflict.
Brennan concluded the segment by thanking the senator for her comments, noting that the network would continue to watch how these plans unfold in the coming weeks.
