We are dealing with the very practical issue of trying to keep the financial system from melting down.
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.
The $50 billion banks generally pose less risk than a $1 trillion bank or a $2 trillion bank.
I think that if there are multiple institutions of that size that are failing at the same time, it is usually an indication that there is broader weakness in the financial system.
I guarantee we can say that it is becoming less and less and less affordable every year.
If we reduce regulatory costs for college, those savings must be passed on to our students.
I think what you just described is the schools have no skin in the game, that whether they do a good job or a bad job, as long as they can skirt past their accreditors, they're going to be just fine.
If a big company can commit major fraud again and again and again, and each time they just pay a fine and promise to be good and move on, I am not sure what incentive there is for them to stop breaking the law.
Companies should not be allowed to get away with fines and a promise that they will do better in the future and a wrist slap.
Instead of kicking these big time bad actors out of the Medicare program or putting CEOs in jail, the Government settles with a fine.





