Political Quotes

Elizabeth Warren: “Because I want to direct this, because one consequence of the shift from defined benefit pensions to 401(k)'s and IRAs…”

On the recordMarch 11, 2015
Because I want to direct this, because one consequence of the shift from defined benefit pensions to 401(k)'s and IRAs was that Americans had to rely on investment advisors and broker-dealers who can legally take kickbacks for selling Americans lousy products.
Said by
Elizabeth Warren
Democratic · Massachusetts

Editor's note · Context

Warren highlights issues with investment advisors and the shift to 401(k)s.

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