"A Flawed Idea": CNBC's Joe Kernen Destroys Elizabeth Warren On Live TV Over Price-Gouging Policy

CNBC's Joe Kernen criticized Senator Elizabeth Warren's plan to impose a federal ban on "price gouging" during a heated discussion on "Squawk Box." Kernen argued that price control policies are flawed and do not work, citing supply and demand issues. Warren defended her stance, pointing out that states like Texas and Florida already have price gouging laws and claiming that price gouging laws are not price control. Kernen challenged Warren's claim that Kraft-Heinz increased profits by 448% in 2022, stating it was an accounting charge from the previous year. He also questioned the idea that companies only learned how to price gouge after Kamala Harris was elected. Warren attributed rising prices to the war in Ukraine. The interview ended with Kernen appearing distraught.