Elizabeth Warren

How many more people have to lose their homes before we get there?

But they are not principal reductions, so let us just be----

It has been 6 years since Congress created FHFA, and in all that time, your agency has never, not once, permitted a family to reduce its principal mortgage through Fannie or Freddie.

You have not helped a single family, not even one, by agreeing to a principal reduction.

Congress could stop giving preferential treatment to this kind of income, to wealth income--stocks and dividends--over work.

We should be closing tax loopholes and havens and ensuring that corporations, which are at an all-time high in profitability, are sharing some of that revenue.

I have to say, and to think about what it would mean if that million workers made $5 more an hour in terms of what they could buy elsewhere in the economy.

This is a topic we need to talk about--we need to do more than talk about; we need to do some things about.

We now have two decades of hard evidence disproving that theory.

Congress could pass, for example, the Employee Free Choice Act and make sure that there is more collective bargaining power in our economy.

If we cannot count on CEOs and senior management to reinvest at least some of the corporate profits in their workers like they used to, what steps should the Government take to fill that void?

Corporate profits in America are at an all-time, and the Dow Jones Industrial Average continues to hit new records.

Thank you very much for having this hearing, for pulling together such an illustrious panel.

Fighting epidemics in developing countries presents unique challenges.

The global response to Ebola underscores the need for well-functioning and effective health and public health systems across the world.

I believe that public companies should not be able to spend huge sums of shareholder money on political communication without informing investors.

I believe that conflicts of interest, or the appearance thereof, should not undermine the SEC's critical work enforcing our securities laws.

So, we are not going to be back here a year from now having this same conversation again.

So, no one should be above the law. If you steal a hundred bucks on Main Street, you are probably going to jail. If you steal a billion bucks on Wall Street, you darn well better go to jail, too.

Yet, despite the misconduct at these banks that generated tens of billions of dollars in settlement payments by the companies, not a single senior executive at these banks has been criminally prosecuted.

Now, as Judge Rakoff of the Southern District of New York has noted, the law on this is clear.

I hope to continue to work with Senator Harkin to advance our bill so that some flexibility and some sensibleness is appropriate and available to all workers in the case of trying to make reasonable schedules.

The President of the United States asked you to serve your country by joining the NLRB, and your first appointment was consistent with this long, bipartisan tradition of recess appointments.

Thank you for your willingness to serve and thank you, in particular, for your willingness to serve at the NLRB so that we can have a Board that fairly represents the people of this country.

I am pleased to have joined Chairman Harkin in introducing the Schedules that Work Act.