Elizabeth Warren actually said...

"I think it is also positive, Senator Warren, that we keep people within the regulated entity and not the under-regulated."

"If the concern we have is about a product that is designed to ensnare people in repeat loans over time so that it is possible to extract from them 200 percent interest, then it seems to me that Ms. Sm..."

"Thank you, Ms. Smith."

"I understand ways in which it is more effective than a payday loan, but what I do not understand is your statement about how this is not a payday loan."