It is clear that a robust, well-functioning financial sector can help grow the economy.
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.
To me, that means one of the best things we can do to promote economic growth in this country is to make every effort to provide basic banking services to the 40 million unbanked households in this country.
After a certain point, financial sector growth sucks money away from the real economy.
There is no tradeoff here between regulation and growth. They work hand in hand if done right.
last week Republicans in Congress came within an inch of ripping health insurance away from 24 million people in order to give tax breaks to rich people. That collapsed, and it collapsed because the American people stood up and said no--no…
A lot of Americans have known for a long time that the financial sector has gotten too big, too complex, and too powerful.
Our job here on this Committee is to advance policies to make the economy grow, not policies just to make big banks even bigger.
A big part of the job of the Chairman of the SEC is enforcement, a cop on the beat on Wall Street.
More potential cases with a deadlock and no enforcement, and that is a problem.





