Elizabeth Warren actually said...

"That is why I was happy to see that President Biden's Competition Executive order called on the banking agencies to revamp their merger review guidelines to put an end to rubber stamping."

"So money in these accounts are more like cash in your wallet than like money in a bank account."

"Merger review has become the definition of a rubber stamp, and the banks know it."

"I agree with you on this, and that is why I am very glad to see that the CFPB has begun taking steps to strengthen and to clarify consumer protection rules for payment apps."