It is essential that this new agency have real power, that they have flexible rulemaking authority, that it be adequately funded, not subject to the starvation by Congress, and that it have real enforcement authority.
Warren emphasizes the need for strong regulatory powers for a new financial agency.
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Breaking up the healthcare conglomerates that have enriched themselves by immiserating patients and cheating employers is good policy.
Without greater visibility into these acquisitions, it is not just national security that could be on the line — Americans’ access to medicines is also at risk.
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