Elizabeth Warren actually said...

"Are banking agencies like yours currently required to reject mergers when the resulting bank will be bigger or more complex than our banking rule are set up to handle?"

"I can tell you the banks, especially small banks, really desperately want to comply."

"The legacy of Black codes and Jim Crow and redlining still holds back too many communities, and the OCC's rule did not serve CRA's core purpose, to ensure that banks are serving low-income communities..."

"This results in more concentration and higher costs for consumers, and it increases systemic risks for our financial system."