If you and the administration are committed to taking a whole-of-government approach to advancing economic and racial equality, then Treasury cannot be a bystander in this.
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.
Now it is no surprise that the Trump administration blocked efforts to issue new SDRs, withholding a critical tool that would help support a global pandemic response.
So the Trump administration did not even pretend to have a strategy for containing the coronavirus and rebuilding our economy, and it is why we surpassed half a million deaths and unemployment is currently around 10 percent.
He is demonstrating a leadership that we have been waiting for, and Treasury has a really important role to play here, including engaging with our allies.
Economic research to understand the specific transmission channels between climate-related risks and the financial system is essential to understanding the impact of those risks on the Federal Reserve's mission.
You have talked a lot about how inequality undermines opportunity and mobility, and you have described it as something that holds our economy back.
So our economy is suffering through a K-shaped recovery where the wealthy are doing better and better while working people are doing worse and worse.
If your fortune is over a billion, pay a few more cents. This wealth tax will let us address the inequality that you have been very worried about as Chair of the Federal Reserve.
I think you were just talking about it. You know, the top 1 percent of families last year received 20 percent of all the income in this country, and you think that is not good for our economic growth overall.
Inequality is felt not just in income. It is also felt in wealth even more so, and that our tax structure makes that inequality worse over time.
Extreme wealth inequality undermines our economy, as you have said. It undermines justice. It undermines our democracy.
the Federal Reserve has considerable expertise in understanding the impact of severe weather events, ranging from economic forecasting, to financial stability monitoring, to prudential supervision, to continuity of operations.
The Federal Reserve can ensure that the biggest banks use their capital to invest in their workers and lend in their communities.
It is time for a wealth tax in America, a 2-cent tax on fortunes worth more than $50 million.
it is time to deliver for workers, and that means doing everything we can, including using budget reconciliation to raise the minimum wage to $15 an hour.
they call me `essential,' but I feel expendable. They don't pay me much, they don't protect me at work.
It's always the same story--when the biggest banks and the largest corporations need help, their allies in Washington spring into action.
Essential workers are just that: essential. They are the people who are on the front lines.
I proposed an essential worker bill of rights outlining a full suite of rights and protections and benefits that I believe all essential workers deserve.





