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Elizabeth Warren
@elizabethwarren· Democratic · MA· Mar 16, 2023

So the question I have here is, if the law had not-- let us not just do stress tests.

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Elizabeth Warren
@elizabethwarren· Democratic · MA· Mar 16, 2023

So the question I have here is, if the law had not-- let us not just do stress tests.

congress.gov
Elizabeth Warren
@elizabethwarren· Democratic · MA· Mar 16, 2023

In 2018 though, Trump's bank deregulation law and the door it opened for Fed Chair Powell to further hack away at the rules created an exception to annual Fed-administered stress tests.

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Elizabeth Warren
@elizabethwarren· Democratic · MA· Mar 16, 2023

On Monday, President Biden called on Congress and regulators to 'strengthen the rules for banks to make it less likely that this kind of bank failure will happen again.'

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Elizabeth Warren
@elizabethwarren· Democratic · MA· Mar 16, 2023

But caving into Republican demands for massive cuts would be no less disastrous: austerity would trigger a year-long recession and put 2.6 million people out of work.

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Elizabeth Warren
@elizabethwarren· Democratic · MA· Mar 16, 2023

I am committed to making sure that that happens, both in Massachusetts and all around the country.

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Elizabeth Warren
@elizabethwarren· Democratic · MA· Mar 16, 2023

The Biden administration has made historic investments in our infrastructure, including through the Infrastructure Investments and Jobs Act.

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Elizabeth Warren
@elizabethwarren· Democratic · MA· Mar 16, 2023

These bank failures were the direct result of policymakers' decisions over the last 5 years, beginning with a 2018 law signed by President Trump.

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Elizabeth Warren
@elizabethwarren· Democratic · MA· Mar 16, 2023

But caving into Republican demands for massive cuts would be no less disastrous: austerity would trigger a year-long recession and put 2.6 million people out of work.

congress.gov
Elizabeth Warren
@elizabethwarren· Democratic · MA· Mar 16, 2023

In 2018 though, Trump's bank deregulation law and the door it opened for Fed Chair Powell to further hack away at the rules created an exception to annual Fed-administered stress tests.

congress.gov
Ed Markey
@edmarkey· Democratic · MA· Mar 16, 2023

Less than 20 percent of aviation workers are women. Less than 10 percent of pilots and maintenance technicians are women.

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Elizabeth Warren
@elizabethwarren· Democratic · MA· Mar 16, 2023

The bridges are vital assets for the Cape Cod economy but they are in desperate need of replacement.

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Ed Markey
@edmarkey· Democratic · MA· Mar 16, 2023

Less than 20 percent of aviation workers are women. Less than 10 percent of pilots and maintenance technicians are women.

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Elizabeth Warren
@elizabethwarren· Democratic · MA· Mar 16, 2023

Certainly, default would be catastrophic: according to a recent analysis, even a days-long debt ceiling breach would trigger a recession and cost nearly 1 million Americans their jobs.

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Ed Markey
@edmarkey· Democratic · MA· Mar 15, 2023

And that is why I am working on legislation to create and support aviation programs at minority serving institutions and at institutions focused on increasing racial and gender representation in this area.

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Elizabeth Warren
@elizabethwarren· Democratic · MA· Mar 15, 2023

However, according to the Federal Highway Administration nearly 69,000 highway bridges--that is more than 1 out of every 10 highway bridges in the whole country--are currently classified as 'structurally deficient.'

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Elizabeth Warren
@elizabethwarren· Democratic · MA· Mar 15, 2023

President Biden called on Congress and regulators to strengthen the rules for banks to make it less likely that this kind of bank failure will happen again.

congress.gov