Elizabeth Warren

Despite these documented problems, when the company's CEO, James Steeley, appeared at our April hearing on student loans, he told what appeared to be a bald-faced lie about PHEAA's loan servicing record.

I emphasized that the economic crisis caused by the pandemic and the pause on student loan payments increased the urgency to fix the program and to provide relief for millions of borrowers.

There’s a fundamental question about whether what he’s done is even legal.

I am finding myself deeply disturbed by the cherry-picking of data and the misrepresentation of climate signs that I have heard here today.

Let us take action now. People around the country depend on it.

Every one of them is telling us that climate change is here, and its effects are going to get profoundly worse if we fail to curtail our heat-trapping emissions sharply.

We need to protect the right of our citizens to go to the polls and vote but we also need to make sure that when they get there, they have candidates who will work for them.

If foreign governments want to try to influence the United States, let them send over their delegations. They don't have to hire people here in the United States to lobby our government.

I am always worried about the influence of money on Washington. Money flows through this place like a snake slithering around.

I don't think that Americans ought to be lobbying the government on behalf of foreign officials.

We have got to go forward on For the People as well, that we cannot let it fall behind. That For the People is about protecting the vote, about getting rid of gerrymandering, about beating back the influence of big money.

And, by the way, that is one more reason that we should be pushing forward on the For the People Act. It has great provisions to protect voting, great provisions to get rid of gerrymandering, great provisions, though, to beat back the…

I think that's exactly right. You know, this is a man who just thought he was bulletproof in every meaning of that word. The rules just don't apply to him. They only apply to the little people.

Wall Street destroyed our economy, costing families their jobs and their homes and their savings--and then came roaring back, while families limped along.

We need to create a different system--one that's stable for the long-run.

It is the job of the Federal Reserve... to make sure that banks remain strong and that taxpayers will never be called on again for a bailout.

So let us move to another regulation, the Volcker Rule, the rule that works sort of like Glass-Steagall 'light' to separate commercial banking from Wall Street risk taking.

So the Chairman of the Federal Reserve has two basic jobs: monetary policy, which everybody likes to talk about, and regulatory oversight, which is often way down in the weeds but keeps our economy safe from another banking meltdown.

I see one move after another to weaken regulation over Wall Street banks, and that worries me.

In 2019, you changed the rules so that the 13 banks with $250 billion to $700 billion in assets could submit full living wills only once every 6 years instead of every year.

We need a banking system that works for everyone.

The question is whether or not they are strong enough to withstand the next crisis.

We need to strengthen the Community Reinvestment Act so that banks serve the communities still scarred--still scarred--by the legacy of Black Codes and Jim Crow and redlining.

To prevent taxpayer bailouts, banks are required to have living wills.

Stable prices, moderate long-term interest rates are not enough if every decade a financial crisis hits and strips away what people have worked so hard for.