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Elizabeth Warren: “Home mortgage foreclosures are up 21% since Donald Trump…”

Featuring: Elizabeth Warren, Democratic | U.S. Senate, Massachusetts

FULL REMARKS: Elizabeth Warren Issues Blunt Message To The Democratic Party About Its Future

Published January 12, 2026 | Video Starts at 39:52

And what they're telling us across the spectrum is that they are under enormous financial pressure and the data bear them out. I don't know if anybody's seen this. Home mortgage foreclosures are up 21% since Donald Trump took office. Survey after survey talks about the majority of Americans saying, I worry every day about money. I worry about making it to the end of the week. (39:52–39:59)

CLAIM

Asserts that home mortgage foreclosures have increased by 21% since Trump became president.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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“The Trump administration just signed off on the biggest merger in the real estate industry in history.”
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“President Trump's tariffs are driving up costs for families.”
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“Millions of Americans have lost their health insurance so that Republicans could fund tax breaks for rich people.”
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“He [Donald Trump] not only has failed in both of those, he has actually made life worse.”
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“Trump is trying to push out the chairman of the Federal Reserve Board and complete his corrupt takeover of America's central bank.”
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“Democrats lost power because we were too progressive for a lot of powerful people, wealthy people from Wall Street, Silicon Valley and…”
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“A Democratic Party that worries more about offending big donors than delivering for working people is a party doomed to fail in 2026, 2028…”
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“The top 1/10 of 1% of the economic ladder doesn't have a lot of votes.”
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“There is a different and frankly, much larger group of extremely wealthy people trying to influence policy.”
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“These people push Democrats to embrace candidates who will slow walk popular economic policies.”
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“They lobby for deregulation and special tax breaks that will pad their own bottom lines.”
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“They promote making big time corporate lawyers federal judges.”
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“They pressure presidents to appoint tepid leaders at regulatory agencies.”
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“Rich people can fund super PACs to prop up political campaigns for their chosen candidates.”
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“The slew of white collar pardons issued in recent months by President Trump reflects the same the rules only apply to someone else mentality…”
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“Democrats need to earn trust. Long term durable trust across the electorate.”
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“Democrats weren't always just the default option when the other guys were worse.”
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“We can't win unless we rebuild trust.”
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“For years I fought for a simple free government tax filing system so nobody has to pay a couple hundred bucks just to file their taxes.”
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“The giant tax prep companies have thrown up roadblocks to stop [a free government tax filing system].”
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“When the IRS finally built a free and wildly popular filing option for American taxpayers, the tax prep companies swooped in to kill it the…”
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“One of my favorite legislative achievements in the Senate is a bipartisan law I got enacted to cut the price of hearing aids by thousands of…”
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“Even after we got it signed into law, it failed, faced years of delay, and nearly died because hearing aid manufacturers mobilized to…”
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“The defense industry [is] blocking legislation that would have guaranteed our military the right to repair their own equipment.”
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“Reid Hoffman, one of the biggest donors in the Democratic Party, according to the New York Times.”
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“He's the same billionaire who donated $7 million to supporting Kamala Harris and then spent much of the campaign publicly pressuring her to…”
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“Harris proclaimed that she would address high costs facing families by putting in place tough corporate price gouging laws.”
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“According to the New York Times, she narrowed those proposals after a quote, corporate allies of the campaign badgered her into doing so.”
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“A recent poll by Jeff Guerin, the pollster for both Kamala Harris and Chuck Schumer, showed how much stronger a populist message performs…”
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“Building more affordable homes and cracking down on corporate landlords.”
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“Increasing the size of Social Security checks.”
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“Providing universal child care.”
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“Passing price gouging laws with real teeth.”
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“Strengthening unions.”
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“Building universal health care.”
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“Taxing the wealthy and giant corporations.”
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“Increasing the minimum wage.”
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“He's made it clear by threatening to fire Jerome Powell.”
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