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Cruz Accuses Ford’s Farley Of Swindling Taxpayers, Calls Him Too Scared To Testify

Summary by Carscoops
Senator Cruz criticized Ford’s CEO for skipping a key hearing. He said Jim Farley fears questions on EV-related losses. Cruz also accused Ford of abusing EV tax credit rules. The Senate’s big moment to grill automakers on why new cars cost a small mortgage was supposed to be simple. A bunch of CEOs show up, lawmakers ask pointed questions, America gets some answers. Instead, the hearing veered off course and turned into something closer to …
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verdenews.com broke the news in on Wednesday, January 7, 2026.
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