low wages have been one of the reasons that we have hollowed out America's middle class.
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 say thank you, Mr. Chairman. I am going to go fight about student loans for a little while now.
And I think you hit a big part of that, Ms. Traub, when you said, 'Because the workers do not have any power.'
I am a big supporter of unions. I am. But raising the minimum wage is a far more economically efficient way to generate growth.
I was on the floor talking about the approaching increase in student loan interest rates and how Congress needs to take action now.
This is a big ticking time bomb because people can get out of other kinds of debt through bankruptcy, but as you know, they cannot get out of student debt.
If I was God and could do anything I wanted, I would raise the minimum wage to $15 an hour over 3 years, starting tomorrow.





