Elizabeth Warren
Elizabeth Warren
Elizabeth Ann Warren is an American academic and politician. She is a member of the Democratic Party, and is the senior United States Senator from Massachusetts. Warren was formerly a professor of law, and taught at the University of Texas School of Law, the University of Pennsylvania Law School, and most recently at Harvard Law School. A prominent scholar specializing in bankruptcy law, Warren was among the most cited in the field of commercial law before starting her political career...
NationalityAmerican
ProfessionPolitician
Date of Birth22 June 1949
CityOklahoma City, OK
CountryUnited States of America
Banks were once places to hold money and were very careful in lending to finance families as they built a future - bought homes, bought cars, took out student loans.
Wall Street banks have the right to express their views to lawmakers and regulators through lobbying, but the law is clear: If they want to influence lawmakers, they must disclose their lobbying expenditures.
With post offices and postal workers already on the ground, USPS could partner with banks to make a critical difference for millions of Americans who don't have basic banking services because there are almost no banks or bank branches in their neighborhoods.
I think a lot of Americans are not sure which side Washington is on: the side of banks or the side of the people.
People with banking experience haven't all flocked to the biggest banks; community banks and regional banks, along with smaller trading houses and credit unions, have some very talented people.
If the big banks expect to buy influence when they give money to favored think tanks, then the public has a right to know. If the big banks don't expect to buy influence and are merely making charitable contributions, then their shareholders have a right to know. Either way, there's no excuse for keeping these payments secret.
The over-representation of Wall Street banks in senior government positions sends a bad message. It tells people that one - and only one - point of view will dominate economic policymaking.
The women who file for bankruptcy played by all the rules, but they are still in economic freefall.
Early 2000s, we get Enron, which tells us the books are dirty. And what is our repeated response? We just keep pulling the threads out of the regulatory fabric.
Every time the U.S. government makes a low-cost loan to someone, it's investing in them.
Raising the minimum wage means we have workers paying more in to support the Social Security system.
Does anyone believe that Goldman Sachs is gonna give up a deal that would yield millions of dollars because someone fussed at them behind closed doors?
You have to remember: what are incomes to banks are outgoes to families.
Everyone would like the world always to be in bubble times. But that doesn't happen.