Elizabeth Warren says ‘tsunami of anger’ could prompt reversal of Trump-era mega mergers

Democratic Sen. Elizabeth Warren warned that corporate mega-mergers approved during the Trump administration could be reversed by a future administration, citing a "tsunami of anger" against large corporations. Warren specifically criticized the $111 billion merger of Warner Bros Discovery and Paramount Skydance, which would give the Ellison family control of both CNN and CBS News, raising concerns about editorial independence and political bias in news coverage.

Warren said architects of the current merger "frenzy" have "badly miscalculated" by assuming political conditions will remain favorable beyond 2028. She argued that combined control of major news networks by a single decision-maker sympathetic to Trump threatens independent journalism. State attorneys general have reportedly planned a lawsuit challenging the media merger, though they have not yet announced it formally.