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'm not sure I'm comfortable with, as a citizen, with the Federal Reserve using that power to pick and choose winners.
But--since I see you wince and hesitate on the second number, that is you feel confident about the $83 billion repayment, a little less confident about the $49 billion.
Okay, so where do you anticipate between this optimistic view of AIG repaying the American taxpayer in full, and the position where we are today, which is they can't pay the dividends owed.
Do you believe banks will want to participate in this? It's going to be a different kind of program.
But this is presumably for banks that wouldn't take the funds through another program.





