Senator Elizabeth Warren is firing shots at President Donald Trump, accusing him of hypocrisy over his family's crypto venture, World Liberty Financial. Addressing him as a “big liar,” Senator Warren criticized Trump's failure to lower costs for everyday Americans while his family's crypto business thrives.
Notably, this scathing criticism comes amid Trump’s $6 billion profit on World Liberty Financial’s WLFI token.
In a recent X post, Senator Warren shared a bold statement against the US President, accusing him of making personal profits out of his presidency. She slammed him for allegedly prioritizing personal profits over public service, branding himself a "crypto-president" while neglecting his presidential duties. She said, “In a shock to absolutely no one, Donald Trump has turned out to be a big liar."
Further, she highlighted the rising inflation in the US, underscoring Trump’s failure to protect the common man. According to her, the US President broke his election promises, concentrating only on his crypto dealings and personal profits.
The lawmaker shed light on the rising costs for essentials like groceries, gas, school supplies, and baby strollers, which burden working families. Amid this growing inflation, “Donald Trump is playing red light green light with tariffs and actually raising your costs,” said the Democratic politician. She added that he "profits from the presidency while you pay higher prices. It is a betrayal, and we will not let him get away with it.”
Significantly, Warren’s criticism comes following the release of July’s inflation rate report, which revealed a mixed bag for the US economy. While the consumer price rose 2.7% year-over-year, the core inflation, which excludes food and energy prices, increased to 3.1%. This marks the highest level since February. Reportedly, this uptick was driven by rising costs in medical care, airline fares, and household furnishings.
In another major criticism, Senator Warren targets Trump’s “Big Beautiful Bill” for handing out $67 billion in retroactive tax breaks to corporations for research they conducted years ago.
She argues that this bill prioritizes corporate interests over those of everyday American families, particularly in comparison to underfunded childcare programs. In fact, she notes that the federal government will spend five times more on these corporate handouts than it does annually on childcare. She stated, “The federal government will spend five times more on these handouts than what it spends annually on child care.”
With three years of teaching experience, I have nurtured a deep passion for the English language and literature. My unwavering dedication to writing has now reached a new milestone with my transition into content creation. Today, I embrace the boundless possibilities that the FinTech industry offers. As a committed content writer, I channel my love for language and my curiosity into in-depth cryptocurrency research. Writing is not just my profession but my passion, especially in the dynamic realm of the digital world, with a particular focus on digital currencies that are shaping the future of our modern era.