Elizabeth Warren actually said...

Well, my view is, if you cannot explain it, then you probably should not sell it to customers. I think that is destructive.

Warren emphasizes the importance of clarity in financial products for consumers.

06/23/2009

More Elizabeth Warren Quotes

The idea of protecting borrowers from usury dates back to the Code of Hammurabi, to the Bible, to the Koran...

Under your rule, if a payday lender arranges a loan for a consumer, it is subject to State usury laws.

The new rule you have put in place says let us look at the paperwork, and if the bank's name is on the paper, that is what is going to contr...

Well, I see what you are trying to do with the language about who is originating.