If this is about putting money into the hands of small businesses that have done most of the job creation outside the public sector, then you make that part of the terms of taking the money.
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 understand why one might design a system with a lot of flexibility, you know, that you don't just stand behind somebody putting out a fire and try to micro-manage how that happens.
I am very pleased to be here because of the important responsibility on this subcommittee and to try to help in any way that we can.
Treasury substantially overpaid. According to the data we've investigated, treasury put in about $254 billion, for which it received about $176 billion in value from the financial institutions. That's a short fall of about $78 billion.
Treasury substantially overpaid, according to the data we've investigated, treasury put in about $254 billion for which it received about $176 billion in value from the financial institutions. That's a shortfall of about $78 billion.
Taxpayers frankly need to be outraged, because treasury needs the message loud and clear. And the message is, you tell us the truth.
You tell us the truth. You describe what it is that you're doing. And then we can participate in that decision making process.
I applaud the Obama Administration for the reforms they are considering and will soon announce.





