Elizabeth Warren actually said...

"No. Congressman, the statute is quite clear that we are not in the business of establishing usury laws."

"It is a 'no.' We already have our first example of what we are doing lowers compliance costs."

"We need a budget because these are very large and powerful financial institutions who hire armies of lawyers to design financial products that can't be read by ordinary American families."

"Yes, ma'am, that is right."