When the polio and measles vaccine became available for the first time, parents lined up to make sure their kids would be protected.
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.
I want to be sure that it is really about helping community banks and not about helping their much larger competitors.
So nearly all of the banks that you are supervising, community banks are going to be under $1 billion, much less under $10 billion.
I just think that 6 years ago--we need to focus on the fact that 6 years ago we suffered through the worst financial crisis in generations, one that caused millions of families to lose their homes, their jobs, their retirement savings, and…
Historically, if an employer violated the legal rights of its workers through, say, an illegal firing, the employer was on the hook for damages.
I just wanted to establish what I thought was a pretty straightforward rule of law that I think everyone agrees with.
the standard as it was described in the Supreme Court in 1968, which was an 'all the relevant facts' standard?
We need to do more to protect our seniors, but also particularly to make sure that financial advisors do not steer their clients into retirement products that maximize the advisors' profits while they drain away the clients' savings.
Now, high-fee products may result in less money for our seniors, but, of course, they do mean more money, as you point out, for banks and other investment advisors.





