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Donald Trump called Senator Warren on Monday, unscheduled. What?

Well, a couple of answers to what. With a premise that Warren is on Trump’s hate list and also, Trump cares about Trump and not the plight of US consumers. He’s not interested in bi-partisan progress on anything, nor any of her very good ideas to make things easier for regular Americans. Her flagship political accomplishment, the CFPB, has been gutted by his disciples who also are not interested in helping consumers nor stopping rip off operators.

a) Trump has almost certainly seen the numbers where he is at historic low approval, because of inflation and his disregard of the matter. Independents – where elections are won and lost – have jumped ship from Trump in a monster way.

This after Trump had declared he would “stop” inflation on Day One, provided no plan or details for how, and then lots of independents fell for that… 😄

Let me sell you some Bitcoin…

Trump also – in addition to not caring about inflation – decided that tariffs which are causing consumers to pay even more, would be a good idea…

b) Trump is presumably worried about the midterm elections and what they could potentially do, to dismiss himself and his chaos act from office. Impeachment at blinding speed, should Dems win both houses of Congress. That would still require some GOP Senators (2/3 majority), but that might be achievable with a landslide midterms result & a new electoral reality, whereby Trump is toxic to be associated with for 2028. Voting yes to fire him, would be a quick way for Republicans to offset their (many) years of rubberstamping Trump and looking the other way on his endless corruptions. And they still get right-wing extremist J.D. Vance in replacement.

Good Sign >

That first sentence of b). Trump will want to rig, tamper with or cancel the 2026 midterms as he attempted to do in 2020, but does not appear to believe there is anything he can pull that will be successful. (Each part of a multi-prong 2020 plan to steal that election, failed. See the link.)

He may now realize he has to start sounding like a Dem about helping consumers, so as to mitigate the loss of seats of his inept, owned-by-oligarchs party in November. So he calls up Senator Warren, something he would never otherwise do. Actions speak loudest.

And suddenly has a brand new proposal as well ;

Trump floats 1-year, 10% credit card interest rate cap

“The president did not provide details on how his plan would come to fruition or how he planned to make credit card issuers comply.”

😄 / seen this movie?

It likewise has no chance of success but there you have it. Obama signed the CARD Act into law in 2009, that ushered in much needed regulation for out-of-control credit card banks. If he wants 10% interest caps, Trump should turn to a proper legislative process to get that done. Not act like he can just do it by fiat and order around entire industries.

Roy@Balkingpoints