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Senator Elizabeth Warren on Iran Conflict, Fed Leadership, and SpaceX IPO

Opinion
June 17, 2026 · 2:13 PM

US Senator Elizabeth Warren (D-MA) has sharply criticized President Donald Trump's handling of the war in Iran, stating that the president "can't point to where we're better off" following the conflict. Speaking with Bloomberg's Joe Mathieu on "Balance of Power: Evening Edition," Warren also addressed Defense Secretary Pete Hegseth's military budget request, her concerns about Federal Reserve Chair Kevin Warsh, the state of housing, and the upcoming SpaceX IPO.

Warren questioned the administration's achievements in Iran, arguing that the costs of the war have outweighed any benefits. She also voiced skepticism about Kevin Warsh's leadership at the Fed, suggesting his policies may not align with the needs of working families. On housing, Warren highlighted the ongoing affordability crisis and called for more aggressive government action. Regarding the SpaceX IPO, she expressed caution about the company's valuation and governance.

The interview covered a range of economic and foreign policy issues, with Warren positioning herself as a vocal critic of the current administration's direction.