Elizabeth Warren actually said...

"So 2 weeks ago, Congressman Cummings and I sent a letter to you recommending that the Fed change its rules so that the Board would have to vote before any major settlement."

"So long as the markets believe that too-big-to-fail has not ended, and they demonstrate that by reducing capital costs for the banks that are perceived to be those that the Government would rescue, do..."

"And voting is a good way to do that."

"But I think current Fed practices do not reflect those values."