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Warren Challenges Treasury Secretary on Affordability Crisis Claims

2/5/2026

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Story summary
  • Sen. Elizabeth Warren (D-Mass.) pressed Treasury Secretary Scott Bessent at the February 5, 2026 hearing on affordability.
  • She argued families are not deceived by claims of an 'hoax' about the affordability crisis.
  • Bessent attributed inflation to former President Biden and defended President Donald Trump's claims.
  • Warren pressed on Trump's Federal Reserve chair nominee Kevin Warsh.
  • The hearing ended with Bessent joking about Warren, a moment Warren contested.