We can't rebuild an economy that works for everyone without empowering workers and giving them a voice to secure the better wages, benefits, and working conditions they deserve.
Elizabeth Warren
The Public Record
Elizabeth Ann Warren is an American attorney, academic, and politician serving as the senior United States senator from Massachusetts since 2013. A member of the Democratic Party, she has been a prominent advocate for consumer protection, economic equality, and corporate regulation. Warren gained national recognition for her work in establishing the Consumer Financial Protection Bureau and has focused on issues such as student debt relief and healthcare reform during her tenure in the Senate.
HSBC paid a fine and was put on probation, which did not stop it from continuing to help criminals launder money.
Last year, Congress took an important step in reforming our anti-money laundering rules.
These steps are critical to making sure that the information that is provided by these companies is clear, comprehensive and easily accessible.
Build Back Better starts by growing the economy from the bottom up and the middle out and putting workers at the center of our economic plans.
We will increase our leverage so that we can achieve more for American workers.
My Ending Too Big To Jail Act would go further, and it would require bank executives to certify that no fraud is occurring on their watch.
A worker-centered trade policy means addressing the damage that U.S. workers and industries have sustained.
This time we're putting foreign policy and trade to work for the middle class.
I think what you are saying is, the only way we are ever going to get a fair tax rate from Jeff Bezos is if we tax something other than income.
The support provided by the American Rescue Plan was unambiguously critical to preserving the health of the U.S. economy, in addition to saving lives.
Jeff Bezos is a billionaire grifter, and so are the rest of these hugely wealthy people who pay next to nothing in taxes.
That is because, year after year, lobbyists and members of Congress have worked together to hollow out the tax code.
Does the public school teacher in Massachusetts have the same options as Jeff Bezos, that is, the option to collect stock instead of a salary?
The easiest, most obvious solution to this system is instituting a wealth tax.
If we continue to focus on the income tax, will Jeff Bezos ever pay a proportionate amount of his wealth as the State of Massachusetts public school teacher?
I do not think it is a tax increase to ask a billionaire to pay more than zero on their taxes.
So, Secretary Yellen, I want to ask about who our tax code is structured to benefit--Jeff Bezos, or our Massachusetts public school teacher?
Last week, ProPublica published an investigation into some of the wealthiest American tax returns showing that year after year, multibillionaires paid basically no Federal income taxes.
I am deeply grateful for the work you do for patients, for students, and for the people of the Commonwealth of Massachusetts.
COVID-19 is the worst public health crisis that our Nation has tackled in over a century, but it does not exist in a vacuum.





