Elizabeth Warren actually said...

"I think it is important, if we are talking about mutuals and our investment, in effect, in the housing market in mutuals, to know exactly what activities would or would not be covered by that."

"I was not asking that question. I was just asking you a simple question."

"It would not be, for example, for other loans, to support other kinds of retail business, to support payday loans, to support tobacco stores."

"I think it is clear we all agree that small lenders need access to the secondary markets so they can write more mortgages and they can get funding that they need through advances from the Federal Home..."