Elizabeth Warren

Can you just give me some insight from your perspective about the special challenges you think you will face at HUD or the special opportunities or, let us say, both?

It has taken us 4 months, but we are finally on the verge of passing a long-overdue emergency extension of unemployment benefits. So I come to the floor this afternoon to urge my colleagues to continue supporting America's working families…

This is a difficult day for the city of Boston. Yesterday Boston lost two courageous firefighters who gave up their lives battling a terrible fire in the city's Back Bay. When others flee, our firefighters rush headlong into danger…

Just loans from 2007 to 2012 are now on target to make $66 billion in profits for the U.S. Government.

The break-even interest rate on student loans... would be about 2.5 percent.

We will issue guidance to the FFEL community through a Dear Colleague letter on how to implement the SCRA and access the Department of Defense's data base soon.

I appreciate you holding this hearing. It's very important, and thank you all for coming.

We're charging more interest than we need to run the student loan program, and there's no mechanism to refund that money to the students.

I want to suggest that--we know that there are problems with Sallie Mae.

I'm very disappointed that Sallie Mae did not come today. I think it's important that we take a closer look at how all of our servicers are performing.

We must work together to ensure that student loans are manageable and fair.

We don't build a future if we crush our young people with debt and don't let them have a fighting chance to get a start.

I think it is obscene for the Federal Government to be making profits like this, measured in the billions of dollars, off the backs of our students.

It's not following the rules.

I think that's obscene. I don't think the student loan program should be designed so that it's making profits for the Federal Government.

The question I am trying to ask is about whether or not we really have enough punishment associated with violating the law to act as an effective deterrent.

What I am trying to ask about is whether or not you have a policy in place for when it is that you make the decision that you are just going to settle and tell them to clean it up internally, or you are actually going to pursue it--you are…

Part of preventing fraud is deterrence. The government can invest billions of dollars in identifying fraud, but if major wrongdoers only get a slap on the wrist, then it does not mean much in terms of deterrence.

I think this gives us an opportunity to expand access, an opportunity to create some real competition here, and an opportunity to think more creatively about how it is that people of moderate income, how it is that people who live in rural…

I think this is a very viable alternative that should definitely be pursued.

I am just very concerned, Mr. Chairman, that Medicare fraud has become a game of catch-me-if-you-can.

Banks are systematically closing their branches in areas where the median income is under $50,000 at the same moment that they are opening more branches in areas where the median income is over $100,000.

Yes, but it is a corporation we are talking about here and the corporation that should be held responsible.

Again, the question, Dr. Agrawal, is not whether or not you have ever taken anyone forward. The question is whether there is a policy in place that distinguishes why sometimes these things settle out and do not.

I introduced Truth in Settlements with Senator Coburn to require agencies to publicly disclose the details of settlements, like how they are calculated and whether they are tax deductible.