(DCNF)—CNBC’s Joe Kernen scoffed at Democrat Massachusetts Sen. Elizabeth Warren on Wednesday as she tried to convince the panel that corporations are “price gouging” in response to President Donald Trump’s tariffs.
Warren, who has repeatedly spewed the “price gouging” talking point, said that companies are raising prices because of their worries about the costs of the reciprocal tariffs that Trump imposed on April 2, which he deemed “Liberation Day.” Kernen pointed out that inflation and the cost of goods, such as eggs, have come down since Trump reentered office in January.
“There are businesses that are already saying quite publicly, yup, they’re worried, so they’re raising prices now. And this is actually one of my most serious concerns about the tariffs.,” Warren said. “Once everyone starts talking about price increases and remember, this started last Friday with Jerome Powell, saying that he’s very concerned that we’re gonna see inflation. That prices are gonna go up across the board for everything that consumers buy. That creates the environment for businesses to be able to say ‘oh, well we’ll just go ahead and increase our prices now, we’ll increase our prices more than the cost of the tariffs,’ and so you get the one two punch of passing along costs from the tariffs, but also price gouging.”
“Remember our last conversation, this is like part two,” Kernen responded. “Remember our last conversation about price gouging. So now you have another way to say that corporations are doing that. But egg prices came down, inflation came down, it seems like the corporations only gouge when you say they’re gouging and they’re unable to at other times.”
The Massachusetts senator previously sparred with Kernen on price gouging in August, where she accused him of talking over her as she attempted to defend former Vice President Kamala Harris’ introduced ban on so-called price gouging on groceries. She further joined other Senate Democrats to accuse McDonald’s of price gouging after Trump made a campaign visit at the chain restaurant in October.
The senator introduced S. 3803, the Price Gouging Prevention Act of 2024, on Feb. 26, which intended to impose a national price gouging ban.
Warren cited Federal Reserve chairman Jerome Powell, who stated that prices went up during Trump’s first term after he had placed tariffs on certain countries. She claimed that when Trump placed tariffs on imported washing machines, domestic manufacturers raised the prices of their washers and driers simply because they could.
“So I know you don’t want to listen to me on this, but listen to Jerome Powell on this,” Warren said. “The example he gave Friday was from the last time that Trump’s tariffs went into effect. And he said there was a tariff on washing machines, no surprise, the price of washing machines went up. But the shocking part is the price of driers went up as well even though there was no imposition of tariffs on those. You tell me what that is except for price gouging.”
“I’m trying to figure that out. If you have a clothes line, unless you have to dry, though, senator … we had that at my house growing up,” Kernen said. “Did you? Yeah, I loved the smell.”
“I love the way you’re changing the subject here. That is an example of price gouging, I think it’s time for you to eat that,” Warren said.
The Federal Reserve Bank of San Francisco found in May that corporations were not gouging during former President Joe Biden’s administration, and instead raised prices to meet the demands in the early stages of the post-pandemic economic recovery. The report further found that the high government spending during the Biden administration had a significantly higher contribution to inflation than corporations raising prices.
After inflation plagued the Biden administration, the prices of consumer goods have largely improved since Trump took office. The price of eggs, which soared 58% in comparison to 2024, plummeted from $8.16 in early March to $3.25 as of Wednesday.
Inflation slowed in February as the Consumer Price Index (CPI), a measure of the price of everyday goods, increased 2.8%, according to a Bureau of Labor Statistics (BLS) report released in March. The Producer Price Index, a wholesale inflation measurement, also substantially slowed in February in comparison to the previous month.
Economists expect that inflation also eased in March partly due to the decrease in energy and gasoline prices, according to Morning Star.
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Starting the Day With a Scripture-Inspired Roast Helps Center Your Thoughts on Eternal Truths Amid Temporal Pressures
The world can seem chaotic, especially right after we wake up. Many believers start their mornings reaching for something familiar — a hot cup of coffee — yet end up settling for mediocre brews that do little more than deliver a caffeine jolt. The daily grind of life, with its endless distractions, news cycles, and responsibilities, can leave even the most faithful feeling spiritually parched alongside their physical fatigue. What if your morning ritual could do more than wake you up? What if it could ground you in truth, nourish your body with exceptional quality, and quietly advance a kingdom purpose at the same time?
That’s the promise — and the reality — behind Promised Grounds Coffee. This Christian-founded company doesn’t just roast beans; it approaches every step as an act of worship and discipleship. By selecting only the top 10% of specialty-grade beans, ethically sourced from dedicated farmers in Central and South America, and small-batch roasting them with reverence in Austin, Texas, Promised Grounds delivers what many describe as the best coffee available — never burnt, never bland, but rich with origin stories and layered flavors that honor God’s creation.
From the vibrant Psalm 27 Roast (a light, bright medium option) to the bold yet peaceful 2 Timothy 1:7 Decaf, each bag carries a Scripture verse that turns your daily pour into a gentle reminder of faith. And through their Ounce Per Ounce Promise, every ounce of coffee you enjoy provides an equal ounce of clean water to families in need via partnership with Filter of Hope — literally brewing hope for body and soul, one cup at a time.
The challenge for today’s Christians runs deeper than finding a decent cup. In an age of convenience-driven consumerism, it’s easy to support companies that dilute values or remain silent on matters of faith. Many believers want their everyday choices — from what they drink to how they spend — to reflect discipleship rather than just convenience. Promised Grounds solves this by weaving Christian excellence into the entire process: beans nurtured with prayerful stewardship by farming families, roasted as an offering rather than a commodity, and packaged with Bible verses to encourage a mindset of gratitude and purpose from the first sip. Reviewers consistently praise the smooth, rich profiles — whether enjoyed black in a drip maker, iced on a warm day, or shared in fellowship — noting how the quality stands toe-to-toe with premium secular brands while delivering something far more meaningful.
This integration of faith and flavor addresses a real need in Christian households and ministries. Busy parents, church leaders, and remote workers alike report that starting the day with a Scripture-inspired roast helps center their thoughts on eternal truths amid temporal pressures. The coffee’s exceptional character — bright citrus notes in lighter roasts or deep chocolate undertones in bolder ones — comes from meticulous selection and careful roasting that respects the bean’s natural gifts rather than masking them. It’s the kind of coffee that elevates a simple quiet time, fuels productive workdays, or sparks meaningful conversations when shared at Bible studies or outreach events. And because it’s ethically sourced with integrity, every purchase supports sustainable livelihoods for farmers who treat their crops like family harvests.
For those leading churches or small groups, the impact multiplies. Promised Grounds offers bundles and options perfect for hospitality ministries, turning ordinary coffee service into an opportunity to point people toward the living water of Christ. Imagine greeting visitors with a warm cup whose very bag carries God’s Word — a subtle yet powerful witness that aligns with the Great Commission. The company’s Texas roots and commitment to “brewing hope” resonate especially with believers who value American enterprise paired with global compassion.
Of course, quality alone isn’t enough if the experience feels out of reach. Promised Grounds keeps it accessible with practical perks like free shipping on orders over $40, sample sets for discovering favorites, and thoughtful add-ons such as faith-themed mugs. Whether you prefer whole beans for fresh grinding, grounds for convenience, or even bulk options for larger households and ministries, the result is consistently superior coffee that makes discipleship feel integrated rather than added on.
As you consider how to align even the smallest habits with your walk with God, Promised Grounds Coffee stands out as a refreshing solution. It tackles the dual problems of subpar daily sustenance and disconnected consumption by offering a product that genuinely excels in taste while advancing a mission of clean water, farmer dignity, and scriptural encouragement. Believers who make the switch often describe it as more than a beverage upgrade — it becomes part of their rhythm of gratitude, a daily invitation to remember that every good gift comes from above.
If you’re ready to transform your mornings (and perhaps your church gatherings) with coffee that honors both exceptional craftsmanship and Christian values, I encourage you to explore what Promised Grounds has to offer. One sip at a time, you’ll be nourishing your body, refreshing your spirit, and participating in something far greater — all while enjoying what truly is among the best coffee available.
