So any effort to reform our housing finance system must address this crisis.
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.
A big reason that the Government created Fannie and Freddie to begin with was to promote access to affordable home ownership.
If it does not address this crisis, then it does not solve the problem in front of us and, in my view, is not worth doing at that point.
But I cannot be for reform if it does not address the affordable housing crisis in this country.
Do you think that a primary goal of housing finance reform should be to meaningfully increase access to affordable housing?
Bank stock prices will go up, bonuses for bankers will go up, bank stock buybacks will go up, and the risk of another financial crisis and bailout will go up.
They have plenty of capital and there is no reason to reduce their capital standards here.
Our job is to make sure that we do not permit the next failure to happen because it helps short-term bank profits.
So after the financial crisis, Congress determined that banks with more than $50 billion in assets... posed a greater risk to the economy than community banks and credit unions.
I was disappointed to see that within that amount, Science & Technology funding is actually being cut relative to last year.
I was pleased to see a $5.2 billion increase in your budget request for Research, Development, Test and Evaluation.
This is just enormously frustrating. We are in here to talk about the importance of access to prescription drugs and the need to bring down the costs, at the same time that 13 people are negotiating in secret to take away prescription drug…
There are a lot of ways that we could lower drug prices. We could negotiate with Medicare, let Medicare negotiate.
The Republican plan will also gut Medicaid, which means millions more will not get access to their medicine.
I know the ACA's coverage of prescription drugs is not perfect, but if the secret Republican plan is anything close to the House bill, then millions of Americans will lose their access to prescriptions.
It is insane to pretend to have a bipartisan hearing on lowering drug prices when right now, today, 13 Republicans are writing a secret bill to kick 23 million people off health insurance and their prescription drug benefits, and we cannot…
On June 12, 2017, Politico reported that the Russians have launched an aggressive disinformation and propaganda campaign explicitly targeting U.S. military personnel.
The banks that would be cut loose under these proposals can pose a real threat to the economy.
In Dodd-Frank, Congress directed the Fed to impose tougher rules on banks with more than $50 billion in assets.
Now that Russia is unwilling to cooperate on many bilateral proliferation activities, how is NNSA verifying that Russia is maintaining this infrastructure?





