Elizabeth Warren actually said...

"Last Congress former Senator Tom Coburn and I introduced a bill called the Truth in Settlements Act which would require the Government to take these settlements with big corporations and make them pub..."

"The only way we fix that is if we change the rule and say that all of the investment advisors have to put the clients' best interest first."

"Our bill would have required Federal agencies to disclose some basic information about the settlement and post a copy of the agreement online, but because we haven't passed the Truth in Settlements Ac..."

"The standard prescription is that Americans should put more money aside. This recommendation glosses over a critical driver of unpreparedness. Wall Street is bleeding savers dry."