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

Right. OK. So this chummy little group is making a lot of policy here, and nobody else gets to see it.

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

the tailoring rules meant that Silicon Valley Bank, for example, did not have to do a lot of incredibly important things.

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

I have got an idea, a bipartisan idea that I am introducing with Senator Rick Scott today: get the big bankers off the Federal Reserve boards of directors.

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

I think that the proposal from you and Senator Scott, which I have reviewed, does not go as far as I would like.

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

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

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

So it sounds like to me that this is clearly a case of the fox guarding the henhouse all the way through the system here.

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

capitalism without competition isn't capitalism; it's exploitation

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

A vision without funding is a hallucination. You need--if you get the tools, you will be able to help families.

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

How will that help Senator Murkowski's problem in Alaska?

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

But methadone for opioid use disorder, it has a stigma. It is restricted.

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Ayanna Pressley
@ayannapressley· Democratic · MA· May 16, 2023

I am of the opinion, as are many of my colleagues on this side, that reinstating the Dodd-Frank regulatory requirements on mid-sized banks, that were rolled back in 2018 by Republicans, is really critical.

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

For any Senators who wish to ask additional questions for the record, they will be due in 10 business days, on June 1st at 5.00 p.m.

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

Right now, our project development systems in the country, it is like a car moving slowly down a bumpy road.

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

S. 2155 weakened the rules and the supervision for these banks like SVB and opened the deregulatory door for the Fed to drive a truck through.

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