Political Quotes

Elizabeth Warren: “In 2018 though, Trump's bank deregulation law and the door it opened for Fed Chair Powell to further hack away at the…”

On the recordMarch 15, 2023
In 2018 though, Trump's bank deregulation law and the door it opened for Fed Chair Powell to further hack away at the rules created an exception to annual Fed-administered stress tests, letting banks from $50 billion to $250 billion effectively off the hook.
Said by
Elizabeth Warren
Democratic · Massachusetts

Editor's note · Context

Warren criticizes deregulation that exempted certain banks from stress tests.

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