Elizabeth Warren

The CFPB has shown that it will stop them in their tracks, and we need to keep it that way.

I have no problem with the banks making a profit, but not like this.

Do you believe that the big banks, like Bank of America, should eliminate overdraft fees?

Earlier this month, Boston Mayor Michelle Wu announced a bold pilot program to immediately create residential housing out of unused office space.

We are doing some of this in Massachusetts right now.

I think that is a really powerful point here. You know, this is something where--my view on this is more is more. We need more.

There is no getting around the need for a major Federal investment if we want to close the housing gap, but we can also help move the needle with more targeted Federal investments that support and expand communities' efforts to boost their…

We are doing some of this in Massachusetts right now.

Earlier this month, Boston Mayor Michelle Wu announced a bold pilot program to immediately create residential housing out of unused office space.

We need more. In the last few years, several towns on Cape Cod have agreed to reform their zoning laws to allow for the creation of ADUs to boost the supply of year round housing for residents.

We can also help move the needle with more targeted Federal investments that support and expand communities' efforts to boost their housing stock.

Earlier this month, Boston Mayor Michelle Wu announced a bold pilot program to immediately create residential housing out of unused office space.

There is no getting around the need for a major Federal investment if we want to close the housing gap.

We are doing some of this in Massachusetts right now.

For the largest multinational corporations, inflation has been a perfect excuse to increase profits by raising prices far beyond the costs of their inputs.

It's little wonder, then, that when American workers see the high prices at the grocery store and the pharmacy counter and the gas pump--along with rising borrowing cost for mortgages and car loans and credit cards--they remain skeptical…

I do not believe that to have a strong economy was we must trade American jobs for corporate profits.

Our banking system is broken. Twenty-three billion dollars in bailout money and there is no accountability for those at the top.

This is exactly why I opposed your nomination in 2017.

Do you take responsibility for your role in these bank failures?

I opposed your confirmation because I believed that your continued leadership would be dangerous to our financial system.

So you take no responsibility on this.

In fact, you now hold the record, in a single year the FDIC has been forced to rescue more giant failed banks on your watch than any Fed chair in American history.

When President Trump first nominated you as Federal Chair in 2017, you testified, actually in this very room, I think, that you intended to, quote, 'consider appropriate ways to ease regulatory burdens for the banks.'

So in 2010, Congress passed Dodd-Frank to make banking regulations tougher and to avoid future bank collapses.