Let me ask this: Mr. Quarles, do you now agree that you made the wrong decision to weaken supervision for a bank like Credit Suisse?
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.
In plain English, the Fed said that Credit Suisse's models just were not realistic.
Last month, a hedge fund called 'Archegos' imploded after making some very risky bets.
You have rolled back rule after rule--rules that are supposed to be a check on the power of the biggest banks.
Our job is to hold accountable the institutions that for too long have had outsized power in our economy.
It is your responsibility to enforce the law and to hold banks accountable for misdeeds with meaningful punishments--not slaps on the wrist, not paltry fines that do not make a dent.
the private equity industry, which is behind many of the understaffed and underprepared nursing homes through which COVID-19 tore, the surprise medical bills that will greet those lucky enough to make it home, and the evictions sending…
If we want an economy that reflects our values, we cannot let Wall Street write the rules.
we could raise a large amount of revenue by reducing the tax gap and focusing that reduction on high-net-worth individuals and large corporations.
Strengthening U.S. tax policies and setting high international standards on taxation are important pieces of getting giant corporations to pay their fair share.
Your term as Chair is up in 5 months, and our financial system will be safer when you are gone. I urge President Biden to fill your role with someone who will actually keep our financial system safe.
This bill provides mandatory funding for the IRS to ensure that it has the resources it needs to go after wealthy tax cheats.
we need enough Federal funding to actually solve the problem, not just nibble around the edges on this.
I am introducing the Building Child Care for a Better Future Act this week with Chairman Wyden.
In 30 years, experts estimate that spending on Alzheimer's will increase to more than $1 trillion.
Even today, Americans spend an estimated $305 billion a year caring for people with Alzheimer's.
Does HUD have any plans to review the CWCOT program, including whether new guidelines may be necessary?
Federal funding helps drive innovation, and it helps move us that much closer to a cure.
Providing continued enhanced funding is a critical weapon in our fight against this disease.
This just underscores the need for more federal support. That is why I will soon be introducing the National Biomedical Research Act, a bill that would invest $100 billion over 10 years in research at NIH and FDA.





