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Elizabeth Warren
@elizabethwarren· Democratic · MA· May 17, 2023

the Fed continues to stonewall Congress, stonewall the public, on the underlying information about these trades.

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Ed Markey
@edmarkey· Democratic · MA· May 17, 2023

Some of the Republican proposals for permitting are the equivalent of trying to fix the car by throwing out the brakes and the steering column.

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Elizabeth Warren
@elizabethwarren· Democratic · MA· May 17, 2023

Twenty years ago the GAO came to Congress, long before I was here, long before Senator Kennedy was here, and said, 'Change it because it is a mistake.'

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Elizabeth Warren
@elizabethwarren· Democratic · MA· May 17, 2023

the Fed heard that message loud and clear, and then it used that message to open up and start to deregulate even further.

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Elizabeth Warren
@elizabethwarren· Democratic · MA· May 17, 2023

Chair Powell sold between $1 and $5 million worth of stock at the beginning of October 2020.

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Elizabeth Warren
@elizabethwarren· Democratic · MA· May 17, 2023

Now I think it is long past time that Congress finally acts, and I have bipartisan legislation with Senator Scott to do that.

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Elizabeth Warren
@elizabethwarren· Democratic · MA· May 17, 2023

Senator Scott and I also introduced a bill, which was included in a separate bill with Senator Tillis, to give the Fed a true, Senate-confirmed independent inspector general to serve as an agency watchdog.

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Ed Markey
@edmarkey· Democratic · MA· May 17, 2023

we don't need to attack NEPA. We need better road signs, better drivers, a better road.

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Elizabeth Warren
@elizabethwarren· Democratic · MA· May 17, 2023

It is past time for us to remove private bankers from this public role.

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Elizabeth Warren
@elizabethwarren· Democratic · MA· May 17, 2023

Senator Rick Scott and I introduced a bipartisan bill today that would prohibit big bankers from serving as Reserve bank directors.

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Elizabeth Warren
@elizabethwarren· Democratic · MA· May 17, 2023

It is to say pull back on this regulation and give a green light for massive and undiversified growth.

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Elizabeth Warren
@elizabethwarren· Democratic · MA· May 17, 2023

This is not strong oversight. In fact, it is not even competent oversight.

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Elizabeth Warren
@elizabethwarren· Democratic · MA· May 17, 2023

I have introduced a bill to repeal Title IV of S. 2155, which would undo the Fed's deregulation of the biggest banks.

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Elizabeth Warren
@elizabethwarren· Democratic · MA· May 17, 2023

The actions of the Chair of the Federal Reserve and a Governor of the Federal Reserve were unambiguously inconsistent with the Fed's rules.

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Elizabeth Warren
@elizabethwarren· Democratic · MA· May 17, 2023

Then how could you say there was no evidence that anyone violated the rules? It clearly violated the rules.

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Elizabeth Warren
@elizabethwarren· Democratic · MA· May 17, 2023

you do not get to write a law that shoves the Fed in a strictly deregulatory direction and then turn around and say, 'Gee, we wish they had not deregulated.'

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Ed Markey
@edmarkey· Democratic · MA· May 17, 2023

Daniel Patrick Moynihan used to say, if you didn't want to help an issue or hurt an issue, you just engaged in benign neglect, you just don't do anything.

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