Elizabeth Warren actually said...

"the Department of Labor requires all employers in a multiple employer plan to share a very close relationship."

"These workers often do not have access to a retirement plan from their employer, so this new State plan, we believe, is going to fill an important gap, helping tens of thousands of workers in Massachu..."

"By letting them pool, you not only can bring down on the cost side, but you can now negotiate for a package that is a better package than any one employer could do."

"If it were either financial services companies or representatives of financial services companies doing it, that kind of now starts to sound like a conflict of interest potentially here."