Elizabeth Warren actually said...

The number has to be based on at least some understanding of how often the banks engaged in illegal activity and how many homeowners got hurt.

Warren emphasizes the need for accurate data on bank misconduct to determine settlement amounts.

04/10/2013

More Elizabeth Warren Quotes

Thank you, Mr. Chairman, and thank you to our witnesses for being here and for this thoughtful report that you've put together.

It seems like what we do right now is we encourage risk aversion and just stick with whatever you've done for the last 100 years rather than...

So you are basically saying a lower cost for insurers, and in a perfect market what that will mean is passed-along benefits to customers who...

Because there will be less capital for them to draw on if there is a problem.