This is an utterly broken system, and the solution is not more complexity and more incompetent middlemen.
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.
The primary beneficiaries of debt cancelation, as Senator Schumer and I have proposed, are not lawyers or doctors with fancy degrees.
The Federal Government should absolutely fire Navient, and because this happened under your leadership, Navient should fire you.
Canceling $50,000 in student loan debt would also help close the Black-White wealth gap among borrowers by 25 points.
There is no expectation that the servicer, in this instance, Navient, will act in the interest of the consumer.
Canceling student debt by executive action is one of the most effective ways President Biden can provide sweeping relief to millions of families.
The student loan debt burden is massive, and it affects millions of families.
I implore him to use this authority in the pursuit of economic and racial justice.
With the stroke of a pen, he can provide direct relief to tens of millions of families.
Widespread administrative debt cancellation is needed to remedy the failures of our student loan system.
our corporate tax code is so littered with loopholes that simply raising the regular corporate tax rate alone is not enough
I think the rest of us would call them loopholes and tax shelters that they have used to drive down their liability.
Yes. Well, something has to change. And I am all for raising the corporate tax rate. I am also for closing loopholes.
Corporations will never stop trying to bend the rules. You know, when you plug one loophole, they are going to bring in armies of lawyers and lobbyists.
How is it possible that Amazon was able to rake in profits like that and pay only a four--I think it is about a 4.3-percent tax rate, when the corporate income tax rate was 21 percent?
So we have a lot of work to do to fix the international tax system, and I am looking forward to working with my colleagues here to do that.
The American Rescue Plan is the beginning of a new era--where we invest directly in the people who make our country work.
When the party is going strong, it is the job of the regulators to take away the punch bowl.
When we funnel money to Wall Street and the largest corporations and the richest tiny sliver of people, it never trickles down to the rest of us.





