Elizabeth Warren

Well, all right, but they have gotten bigger. So whatever you are doing is obviously not causing them to get smaller, and that adds additional risk.

The only thing I would add to what you say is that young people do everything they are supposed to do.

But, Mr. Secretary, what has been the consequence of your having imposed these, as you put them, costs on size? We have watched over the last 5 years the largest financial institutions have gotten substantially larger.

making sure that borrowers who currently have that debt can afford their monthly payments is a huge priority.

So let us talk then, let us just connect it up a little bit. To the extent you have got high student loan debt loads and those students are paying high interest rates on those loans, is the Government exacerbating the problem?

We could address the to-fail part by trying to eliminate all the different ways that massive financial institutions could take on too much risk, or we could address the too-big part of it by breaking up the biggest banks so that even if…

you are having people who are not working up to their potential and that is a drag on the larger economy.

These banks are taking on new forms of risk

Incentivizing States to up the investment they make and hold down college tuition is another big opportunity.

Obviously, protecting Pell grants is a core foundation of Federal financial aid.

Now if that report confirms that too-big-to-fail is still a serious problem, will the Department rethink its opposition and support taking steps directly to reign in the size of the biggest financial institutions?

if a generation of young Americans is launching their careers later, facing lower wages, and struggling to keep up with student debt payments, what is the impact on the economy as a whole?

Thank you very much. Chairman Boxer, Ranking Member Paul, members of the committee, thank you for this opportunity to discuss the importance of combating violence and discrimination against women worldwide.

The question is whether they are charging that fee in return for providing a valuable service.

So, you would argue this is not adding liquidity to the marketplace----

I worry about the stability of the marketplace because when there is going to be--there will be, it is a matter of when--when there is selling, I wonder who is going to be there to actually buy it.

High frequency traders have only good days.

high frequency trading reminds me a little of the scam in office space.

For me, the term 'high frequency trading' seems wrong. You know, this is not trading.

We have got to change what is happening with Fannie and Freddie. We have got to make reforms.

That is exactly where we stand today. We are just two votes shy. What we know now is how the Republicans have voted. So now it is up to all of us to get two more Republicans to agree to just let us bring this bill to the floor. Just let us…

Yes, I am hearing that in my State and around the country. What really strikes me about this bill--there are a lot of things that happen that we can't fix here in Congress, but this is something we can fix. Right now the Federal Government…

I suggest the absence of a quorum. The PRESIDING OFFICER. The clerk will call the roll. The assistant bill clerk proceeded to call the roll. Mr. McCONNELL. Madam President, I ask unanimous consent that the order for the quorum call be…

40 million people in this country--40 million--are dealing with more than $1 trillion in student loan debt. It is crushing our young people and dragging down our economy. It is a national economic emergency. Yesterday Senators had a chance…

I thank the Senator from Illinois for his leadership on this issue, and the answer is yes. This would have permitted 25 million Americans to refinance their student loans down to lower interest rates, thereby putting hundreds, even…