The world`s richest freeloader evidently has a very thin skin. But you know the part that really makes me angry about this? It`s on behalf of every public school teacher, every waitress, every computer programmer, every street cleaner who…
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.
Stablecoins, cryptomarkets are not actually an alternative to our banking system; they are a mirror of the same broken system with even less accountability and no rules at all.
Our regulators need to get serious about clamping down on these risks before it is too late.
the report that 10 percent of Tether's stablecoins are backed up by dollars is not actually verified by a comprehensive, audited financial statement or verified by any Government regulator.
The only ones who tend to walk away unscathed are the big guys--it is always the big guys--the ones who call it innovation and then line their own pockets.
The real threat to our global competitiveness is regulators who ignore clear warning signs.
What makes America, though, the strongest economy in the world is not wild betting in the financial sector. It is our workers.
if Tether's tokens were actually backed one to one it would be one of the 50 largest banks in the country, but we know that it is not.
In troubled economic times, people are most likely to cash out of risky financial products and move into real dollars.





