It is now perfectly legal for retirement advisors to give advice that boosts their own incomes by selling lousy products to their clients.
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 other approach is to play it safe. Keep the threshold where it is and rely on the Fed to tailor the rules to fit the risks posed by these different banks.
Dodd-Frank requires big financial institutions to submit living wills, a plan for how they could be liquidated--and I want to quote the statute here--``in a rapid and orderly fashion'' in bankruptcy without bringing down the economy or…
The first, which every Republican on this Committee supported, is to raise the threshold to $500 billion--that is, cut loose about 30 or so of the biggest banks in this country, and just hope for the best.
I raise this because the living wills are one of the primary tools the Fed has to make sure that taxpayers will not be on the hook if one of these giant banks fails.
Mr. President, American workers have fought long and hard to improve their lot--banning child labor, better safety on the job, minimum wage, and an 8-hour workday. Unions often led these fights, but their efforts also helped tens of…
Families struggling with diabetes, with Parkinson's, with Alzheimer's, other serious conditions, deserve more than lip service from Congress.
NIH funding overall is down 25 percent since 2003. That means for NIH we are investing about $12.5 billion less in medical research this year than if we had just kept up with inflation over the last decade.
If we are serious about saving lives through research and saving money, then Congress has to step up and make a real commitment of real dollars.
I introduced a Medical Innovation Act that could boost the NIH budget by 20 percent. It is not enough, but it is a start.





