Elizabeth Warren actually said...

"I raise this because the living wills are one of the primary tools the Fed has to make sure that taxpayers will not be on the hook if one of these giant banks fails."

"The other approach is to play it safe. Keep the threshold where it is and rely on the Fed to tailor the rules to fit the risks posed by these different banks."

"Dodd-Frank requires big financial institutions to submit living wills, a plan for how they could be liquidated--and I want to quote the statute here--``in a rapid and orderly fashion'' in bankruptcy w..."

"The first, which every Republican on this Committee supported, is to raise the threshold to $500 billion--that is, cut loose about 30 or so of the biggest banks in this country, and just hope for the ..."