Sen. Elizabeth Warren (D-Mass.) has blasted President Donald Trump over sweeping cuts to public broadcasting and rising client costs, tying each to his aggressive commerce and price range insurance policies.
Trending Funding Alternatives
CPB Shutdown Follows Trump-Backed Spending Cuts
The Company for Public Broadcasting introduced Friday it’ll start shutting down operations after Congress, beneath Trump’s path, eradicated $1.1 billion in federal funding.
The CPB will lay off most employees by Sept. 30, with a small staff staying by means of January 2026.
Warren responded sharply to the event on X, previously Twitter, saying, “As an alternative of decreasing grocery prices, Donald Trump is attempting to cancel Large Hen,” referencing PBS’s iconic youngsters’s programming.
See Additionally: Trump Slams Democrats Over Inflation Narrative, Says He Cut Costs ‘More Than Any President In History’
Final month, Warren also criticized the Republican-led effort to slash billions in accredited federal spending, together with funds for public broadcasting packages like Sesame Road and Nationwide Public Radio.
Warren Hyperlinks Tariffs To Worth Hikes And Company Profiteering
In July, Warren and fellow Democrats launched the Worth Gouging Prevention Act of 2025. The invoice aimed to ban extreme worth hikes and empower the Federal Commerce Fee and state attorneys basic to take motion in opposition to corporations abusing market energy.
The laws was launched days after a report confirmed inflation climbing in June and as tariffs affecting dozens of nations, together with U.S. buying and selling companions, took impact, reported CNBC.
Learn Subsequent:
Picture Courtesy: Bryan J. Scrafford on Shutterstock.com
Disclaimer: This content material was partially produced with the assistance of AI instruments and was reviewed and revealed by Benzinga editors.
Market News and Data brought to you by Benzinga APIs
© 2025 Benzinga.com. Benzinga doesn’t present funding recommendation. All rights reserved.