Senator Elizabeth Warren Talks Argentina, Government Shutdown
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Hello and welcome. This is The Michelle Hussein Show. I'm Michelle Hussein. I speak with people like Elon Musk. I think I've done enough. And Shonda Rhimes. That's so cute. This will be a place where every weekend you can count on one essential conversation to help make sense of the world. So please join me, listen and subscribe to The Michelle Hussein Show from Bloomberg Weekend, wherever you get your podcasts.
You certainly ask interesting questions.
Bloomberg Audio Studios. Podcasts. Radio. News.
Well, this is a heck of a way to start a conversation. Joining us live from Capitol Hill, Democratic Senator Elizabeth Warren of Massachusetts. Again, ranking member of the Senate Banking Committee, member of the Senate Finance Committee. Senator, it's good to see you. Welcome back to Bloomberg TV and radio. You sure seem to be top of mind, if not top of word, every time the president speaks lately. And I want to ask you about your effort to quash this bailout, as many are calling it, for Argentina. The president said today, this is a direct quote, Just helping a great philosophy take over a great country. We don't have to do it, he said. It's not going to make a big difference for our country. How many Republicans, how many America First Republicans did you get to sign on?
Yeah, you know, you ask exactly the right question. Donald Trump ran for office proclaiming he would do America first. Instead, he is sending 20 billion American taxpayer dollars to bail out his buddy in Argentina. And he's doing this after Argentina has just cozied up to China. and cut a deal with China that takes the legs out from underneath American soybean farmers. So let me get this straight. Argentina hurts American farmers, and the president of the United States responds by giving $20 billion to Argentina, plus Secretary Besant saying, and a blank check if they need more. That's pretty appalling.
Will Congress not have a chance to weigh in outside of your legislation? Is this money as good as Argentina's?
Well, that's what I want to do. I just went to the floor of the Senate and introduced the bill and asked for unanimous consent that we move it forward. And there was an objection. So now I'm just saying to the Republicans, look,
What are Senator Warren's views on the President's deal with Argentina?
You guys have criticized this. I've heard Chuck Grassley speak out against it, other senators who represent farmers in their home state, saying this is a terrible idea. Well, you know, this is your chance. Not just talk. You can actually take action here. The United States Senate has the power to say, no, we're not going to do this, so let's just bring it to the floor and vote. Because I feel pretty sure that if everybody had a chance in the Senate to vote on this, that the answer would be no money to Argentina. Thank you very much. We'd rather support our farmers and families here in America.
So do you know if you're going to get a vote? Will this go to the floor?
You know, the person who determines that is the Republican leader, not the Democrats. So all I can do is keep raising the alarm about this and asking people all over this country to let the Republicans know that we want to vote on this, we want to put a stop to this. You know, the American soybean farmers have really been hurt, and American farmers who are growing other crops have been hurt as well. Because when Donald Trump has done this tariffs on, tariffs off, 100% tariffs, 50% tariffs, 20% tariffs, many, many buyers of those agriculture products who our farmers spent, some of them have spent decades developing those markets and those relationships, they've said, look, If your president is going to impose tariffs on my home country, I can't buy your product.
And that's putting our American farmers under a lot of pressure. The soybean farmers in particular got targeted by China and Argentina, Argentina doing a deal with China to cut out American soybean farmers. That's just not right. And we should not be rewarding a country that acts against the interests of the American people and the American farmer. And that is exactly what Donald Trump is doing.
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