Elizabeth Warren actually said...

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...

Welcome to the hearing of the Senate Banking, Housing, and Urban Affairs Subcommittee on Economic Policy.

the Fed should have used its authority to apply stronger rules to banks with more than $100 billion in assets.

Now I think it is long past time that Congress finally acts, and I have bipartisan legislation with Senator Scott to do that.