I believe are dangerous. But when they are taken together, they are downright reckless.
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.
This is great for big banks already making record profits. But it is the taxpayers that end up on the hook for the risk.
The Fed is rolling back capital requirements for the biggest banks, and it is not just a marginal rollback.
I see this as everyone has a role to play in stopping this abuse--the states, the Federal Government, and the financial institutions themselves.
Without proper monitoring, there are some guardians who take advantage of their special relationship.
A legal guardian is supposed to look out for the best interests of the person they assist.