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.
And we now know, from the Fed's own research, that when the economy hit choppy waters last year, those banks needed stimulus from the taxpayers.
When the tests were first set up, bank supervisors could restrict stock buybacks and dividend payments to strengthen the bank's balance sheet.
Let me ask you the question then. I take it you do not have any regrets about any changes to the stress test?
Your job, the Fed's job, members of Congress' job is to serve the public, not their stock portfolios.
The debt limit is not about future spending. It is about meeting obligations we have already made.
We cannot declare the recovery complete until all workers can find a job that pays them fair wages and treats them with dignity.
So today I want to talk about three instances of that and ask you to think about them in hindsight.
We cannot play politics with the full faith and credit of the United States.
Are we hostage to Republicans who are threatening to blow up a part of the economic system because they want to do that for politics? That’s just not where we should be as a nation.
It`s time to call the Republicans out over this. Are you kidding me? On the debt ceiling. When Donald Trump was president and needed to raise the debt ceiling over and over again, Democrats said yes, we get it. And what are we trying to…
I have asked you to make some commitments that will help at least reduce the speed of the revolving door.
Whether it is Democrats or Republicans, the revolving door between government officials and industries they regulate undermines confidence in government officials and whether they are working for themselves or working for the American…
Will you commit to recuse yourself from working on any matters related to your former clients for 4 years if confirmed?
I am tired of waiting on this. We need to change the way that Washington does business, and we need to change it now.
I want to secure some commitments from you that you will at least reduce the speed of the revolving door.
I am firmly committed to our government working fairly, efficiently, and responsively for the American people.
And I take it you are saying, no, you will not agree to do that for a 4-year period.
What are we trying to raise the debt ceiling for now? To cover the debts that were incurred during the Trump administration. And the Republicans want to turn around and play political games with that? They want to threaten to blow up our…





