Political Quotes

On the recordFebruary 11, 2025
Giant banks hated this agency from the first time I ever talked about it, and the reason is pretty straightforward: it bites into the profits they would make from cheating people.
Said by
Elizabeth Warren
Democratic · Massachusetts

Editor's note · Context

Warren explains why banks oppose the CFPB, as it reduces their profits from dishonest practices.

Share

More from Elizabeth Warren

Aug 21, 2026

If (safety regulation rollbacks) were motivated solely by ideology it would reflect a dangerously bad set of policies by the Trump administration. But the specter of corruption – and quid pro quo politics – casts a darker shadow over these…

warren.senate.gov
Aug 14, 2026

The decision to purge the office of DOT&E has created significant and unnecessary risk that jeopardizes readiness, service member safety, acquisition reform, and taxpayer dollars.

warren.senate.gov
Aug 15, 2026

Ultimately, we are concerned that the changes to CMS’s guidance will result in the disenfranchisement of nursing home residents.

padilla.senate.gov
Aug 14, 2026

Removing these reports appears to be an attempt to avoid disclosure of information the public needs to evaluate if major, high-dollar weapon systems are effective and safe.

warren.senate.gov

Other voices in this conversation