Political Quotes

Elizabeth Warren: “So let me just get this straight. Two-thirds of the people that oversee each of the Reserve banks, and hand-pick the…”

On the recordMay 16, 2023
So let me just get this straight. Two-thirds of the people that oversee each of the Reserve banks, and hand-pick the leadership, are elected by the very same banks that are regulated by the Reserve bank, and three of those people actually work at the bank, right? That is how this works.
Said by
Elizabeth Warren
Democratic · Massachusetts

Editor's note · Context

Warren highlights conflicts of interest in Reserve bank leadership appointments.

Share

More from Elizabeth Warren

Oct 8, 2026

The nurses at Brigham and Women’s Hospital have demonstrated their willingness to continue negotiating with Mass General Brigham leadership to arrive at an agreement that works for nurses, patients, and our hospitals.

markey.senate.gov
Oct 15, 2026

That means families are paying $3,772 more thanks to inflation under Trump.

motherjones.com
Oct 15, 2026

Any more comments on the economic mess you and your boss created?

motherjones.com
Oct 14, 2026

Every worker at Encore has the right to join a union, and you have an obligation to the workers that you promised to employ. We urge you to continue to engage in union negotiations in good faith and to prioritize investment in…

warren.senate.gov

Other voices in this conversation