Elizabeth Warren actually said...

"the Fed failed at every step along the way, from the Board of Governors at the very top to the San Francisco Fed Bank examiners on the ground."

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

"So let me just get this straight. Two-thirds of the people that oversee each of the Reserve banks, and hand-pick the leadership, are elected by the very same banks that are regulated by the Reserve ba..."

"Independence should not be conflated, however, with a total lack of accountability when the Fed and its leadership make serious mistakes."