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Elizabeth Warren spars with CNBC anchor over Harris price-gouging plan

  • Elizabeth Warren argued with CNBC anchor Joe Kernen about price-gouging, stating that companies see inflation as a chance to increase profits, citing an earnings call from CEOs.
  • Kernen challenged Warren's claims, saying there is "little evidence" linking price gouging to inflation, seeking proof to support the vice president's assertion.
  • Warren emphasized the need for competitive markets and explained that price gouging laws have been effective in many states to address corporate behavior during inflation.
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  • 77% of the sources lean Right
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The Daily Caller broke the news in Washington, United States on Friday, August 23, 2024.
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