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Elizabeth Warren: “I've got more credit card debt than savings in America right…”

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

Talk Easy Interview with Senator Elizabeth Warren on Constitutional Crisis and Public Education

Published April 20, 2025 | Video Starts at 21:13

When consumer confidence falls, when people think, I may not have a job, when they see, God, this is how much credit card debt. I've got more credit card debt than savings in America right now. The consequence is people start to pull back. And they start to pull back, that starts echoing backwards through the economy. So I think there are a lot of folks who are starting to live what Donald Trump's. (21:13–21:17)

CLAIM

Asserts that Americans currently have more credit card debt than savings.

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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Elizabeth Warren

“Half of the people in nursing homes right now are supported by Medicaid and the Republicans in Congress are looking to cut it.”
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“Half the babies in this country get their health care through Medicaid and the Republicans want to cut it.”
Talk Easy Interview with Senator Elizabeth Warren on Constitutional Crisis and Public Education | Uploaded April 20, 2025 | 16:24-16:32
“Right now in America, people have more credit card debt delinquencies than they did right after the 2008 crash.”
Talk Easy Interview with Senator Elizabeth Warren on Constitutional Crisis and Public Education | Uploaded April 20, 2025 | 20:02-20:13
“Consumer confidence has just collapsed in America. It's the lowest numbers ever.”
Talk Easy Interview with Senator Elizabeth Warren on Constitutional Crisis and Public Education | Uploaded April 20, 2025 | 20:15-20:22
“Did you know that Elon Musk makes $8 million a day just off his federal contracts?”
Talk Easy Interview with Senator Elizabeth Warren on Constitutional Crisis and Public Education | Uploaded April 20, 2025 | 23:10-23:19
“In roughly a dozen years of operation, [the CFPB] has uncovered about $21 billion in fraud.”
Talk Easy Interview with Senator Elizabeth Warren on Constitutional Crisis and Public Education | Uploaded April 20, 2025 | 42:43-42:51
“Part of the sin of 2008 was that the bailout was all about the guys at the top and not about the 10 million families that lost their homes.”
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“JP Morgan collected $1.3 billion in overdraft fees from their customers in 2020.”
Talk Easy Interview with Senator Elizabeth Warren on Constitutional Crisis and Public Education | Uploaded April 20, 2025 | 47:43-47:51
“They went out and actually helped 203 million Americans. They kept count of who got helped directly from the work they did.”
Talk Easy Interview with Senator Elizabeth Warren on Constitutional Crisis and Public Education | Uploaded April 20, 2025 | 1:09:03-1:09:14
“He [Donald Trump] promised on day one that he was gonna lower costs.”
Talk Easy Interview with Senator Elizabeth Warren on Constitutional Crisis and Public Education | Uploaded April 20, 2025 | 00:53-25:58
“If [Donald Trump] breaks this country, if he breaks sort of our, you know, three parts of government, the legislature rights the laws, the…”
Talk Easy Interview with Senator Elizabeth Warren on Constitutional Crisis and Public Education | Uploaded April 20, 2025 | 01:19-01:36
“They're going after the department, the Department of Education... what they want to do is basically cut so that class sizes get bigger.”
Talk Easy Interview with Senator Elizabeth Warren on Constitutional Crisis and Public Education | Uploaded April 20, 2025 | 01:59-02:15
“Little kids with serious disabilities don't get the aid that they needed so they can be in a classroom along with the other kids.”
Talk Easy Interview with Senator Elizabeth Warren on Constitutional Crisis and Public Education | Uploaded April 20, 2025 | 02:14-02:24
“It means the after school programs are gone.”
Talk Easy Interview with Senator Elizabeth Warren on Constitutional Crisis and Public Education | Uploaded April 20, 2025 | 02:23-02:26
“I've got a thing going now called Save Our Schools, and it's to try to get more people from all around the country to lift up their stories…”
Talk Easy Interview with Senator Elizabeth Warren on Constitutional Crisis and Public Education | Uploaded April 20, 2025 | 03:35-03:47
“We are literally then in full blown constitutional crisis.”
Talk Easy Interview with Senator Elizabeth Warren on Constitutional Crisis and Public Education | Uploaded April 20, 2025 | 05:16-05:21
“We've been inching toward constitutional crisis all along. When you've got a president who just doesn't care what the law is, when he's…”
Talk Easy Interview with Senator Elizabeth Warren on Constitutional Crisis and Public Education | Uploaded April 20, 2025 | 05:20-05:30
“Ultimately, the power is less about Congress and more about 300 million people across this country who are going to have to be in the fight…”
Talk Easy Interview with Senator Elizabeth Warren on Constitutional Crisis and Public Education | Uploaded April 20, 2025 | 06:06-06:24
“The Supreme Court needs to say clearly and with one voice, no, Mr. President, you're the one who has to back down.”
Talk Easy Interview with Senator Elizabeth Warren on Constitutional Crisis and Public Education | Uploaded April 20, 2025 | 08:32-08:44
“You don't get to create chaos through declaring an emergency.”
Talk Easy Interview with Senator Elizabeth Warren on Constitutional Crisis and Public Education | Uploaded April 20, 2025 | 09:21-09:26
“We actually, over here in Congress, not only have the law on our side, we actually have spines.”
Talk Easy Interview with Senator Elizabeth Warren on Constitutional Crisis and Public Education | Uploaded April 20, 2025 | 09:30-09:39
“We got 47 Democrats ready to [stand up and say no to the president].”
Talk Easy Interview with Senator Elizabeth Warren on Constitutional Crisis and Public Education | Uploaded April 20, 2025 | 09:42-09:45
“A handful of Republicans, and everything that's happening right now in Washington changes.”
Talk Easy Interview with Senator Elizabeth Warren on Constitutional Crisis and Public Education | Uploaded April 20, 2025 | 09:45-09:51
“I send out letters to people in the Trump administration.”
Talk Easy Interview with Senator Elizabeth Warren on Constitutional Crisis and Public Education | Uploaded April 20, 2025 | 12:56-12:59
“Got an investigation on Department of Education.”
Talk Easy Interview with Senator Elizabeth Warren on Constitutional Crisis and Public Education | Uploaded April 20, 2025 | 13:04-13:07
“They're trying to fire everybody.”
Talk Easy Interview with Senator Elizabeth Warren on Constitutional Crisis and Public Education | Uploaded April 20, 2025 | 13:09-13:11
“I get an independent investigator to come in and say, can you still meet statutory authorities?”
Talk Easy Interview with Senator Elizabeth Warren on Constitutional Crisis and Public Education | Uploaded April 20, 2025 | 13:11-13:17
“I pull in other Democrats with me, and that's important.”
Talk Easy Interview with Senator Elizabeth Warren on Constitutional Crisis and Public Education | Uploaded April 20, 2025 | 13:38-13:43
“Veterans services and the Republicans want to cut it.”
Talk Easy Interview with Senator Elizabeth Warren on Constitutional Crisis and Public Education | Uploaded April 20, 2025 | 16:31-16:35
“They want to make these cuts in government so that a handful of billionaires can run this country and basically not have to pay any taxes…”
Talk Easy Interview with Senator Elizabeth Warren on Constitutional Crisis and Public Education | Uploaded April 20, 2025 | 17:06-17:15
“He promised over and over and over and over and over is I will lower your costs on day one.”
Talk Easy Interview with Senator Elizabeth Warren on Constitutional Crisis and Public Education | Uploaded April 20, 2025 | 18:16-18:24
“What he [Elon Musk] wants to do is cut access to Social Security for people who make an average of $65 a day.”
Talk Easy Interview with Senator Elizabeth Warren on Constitutional Crisis and Public Education | Uploaded April 20, 2025 | 18:16-23:26
“Now here we are in the third month, and when he's told, you know, the stuff you're doing around tariffs could actually raise people's costs…”
Talk Easy Interview with Senator Elizabeth Warren on Constitutional Crisis and Public Education | Uploaded April 20, 2025 | 18:39-18:52
“More auto loan delinquencies.”
Talk Easy Interview with Senator Elizabeth Warren on Constitutional Crisis and Public Education | Uploaded April 20, 2025 | 20:12-20:15
“They're saying inflation, they anticipate is going to be around 6.4%.”
Talk Easy Interview with Senator Elizabeth Warren on Constitutional Crisis and Public Education | Uploaded April 20, 2025 | 20:25-20:31
“Do you think Donald Trump would be president if Elon Musk hadn't put a third of US billion dollars into his campaign?”
Talk Easy Interview with Senator Elizabeth Warren on Constitutional Crisis and Public Education | Uploaded April 20, 2025 | 25:41-25:50
“Our democracy can't survive if it's just going to be all about big money.”
Talk Easy Interview with Senator Elizabeth Warren on Constitutional Crisis and Public Education | Uploaded April 20, 2025 | 30:31-30:38
“Wall Street [was allowed] to cheat a bunch of families across this country.”
Talk Easy Interview with Senator Elizabeth Warren on Constitutional Crisis and Public Education | Uploaded April 20, 2025 | 35:40-35:45
“They load a lot of risk into our economy.”
Talk Easy Interview with Senator Elizabeth Warren on Constitutional Crisis and Public Education | Uploaded April 20, 2025 | 35:47-35:51
“That's exactly what happened in 2008.”
Talk Easy Interview with Senator Elizabeth Warren on Constitutional Crisis and Public Education | Uploaded April 20, 2025 | 36:01-36:06
“Those families had had one of three things happen to them, and most had had two out of three. They had had terrible medical problems, they…”
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“These were also people who were increasingly tricked and trapped into just crappy financial products.”
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“We basically turned loose a handful of smart money boys off Wall Street to just go out there and like a plague of locusts on American…”
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“Millions of families have either lost their homes or are in the process of losing their homes.”
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“I came to Washington to set up the Consumer Financial Protection Bureau.”
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“Tim Geithner, who then was Secretary of the Treasury... said, we've foamed the Runway enough that the banks will survive.”
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“It actually made those fraudsters return the money directly to the people who got cheated.”
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“Government doesn't have to just work for Wall Street banks or billionaires. We can make it work for everybody else.”
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“The Republicans will never confirm you. They actually had sent a letter to the president... if you name that woman, we will never confirm…”
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“We wouldn't have had a consumer agency if it hadn't been for Barack Obama.”
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“Your profits would have been $27.6 billion [in 2020] if you had followed the recommendation of the regulators and waived overdraft fees.”
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“While this scam was going on, you personally held an average of 6.75 million shares of Wells stock.”
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“Our Democratic Party is different now from the one a little over 10 years ago.”
Talk Easy Interview with Senator Elizabeth Warren on Constitutional Crisis and Public Education | Uploaded April 20, 2025 | 50:54-51:01
“The entire electorate embraced deep, fundamental reform of our economic system and our political system.”
Talk Easy Interview with Senator Elizabeth Warren on Constitutional Crisis and Public Education | Uploaded April 20, 2025 | 52:43-52:54
“We got a guy right now who is saying that he's flirting with not obeying lawful court orders.”
Talk Easy Interview with Senator Elizabeth Warren on Constitutional Crisis and Public Education | Uploaded April 20, 2025 | 56:29-56:40
“We are fighting for the things that hardworking middle class families need like health care and Social Security and public education.”
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“Democrats all over this country are holding town halls.”
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“Republicans can't hold town halls.”
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“We are not getting chased off stage and running down hallways and hiding our faces from our constituents.”
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“Do you know they put out something the other day and said they're not going to prosecute white collar crime?”
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“Public education is about creating opportunity for every single child.”
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“Donald Trump and Elon Musk want to take [public education opportunities] back so that they could help finance some tax cuts for a handful of…”
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“I leave this agency, but not this fight. The issues we deal with, middle class that has been squeezed and business models built on tricks…”
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“An honest market will give companies that provide fair value to their customers a chance to flourish free from competition with cheaters.”
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“An honest market will give American families better information, better prices and better products, and a chance to achieve real economic…”
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“Donald Trump is not impervious to people who push back.”
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“Elon Musk can be peeled off from the Trump administration.”
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“They are vulnerable because they are doing shit that people don't like in this country.”
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