On the recordMarch 31, 2025
She was a Rutgers professor. I was listening to her way before I got to the Senate when she was fighting for the CFPB, when she was fighting so people would not be taken advantage of. She established the first-ever Agency whose sole purpose was to stand up to the Big Bs--to big banks, to big corporate powers--and defend people. It is an institution that got billions and billions of dollars back into the pockets of the American consumers. What did Donald Trump and DOGE do to an institution that we set up in Congress in a bipartisan way? They did something that is against the Constitution. They went after it to hack it to pieces so that it is no more. But to add insult to injury, down here, we just had a vote on overdraft fees that was stunning to me because there is just no defense of it. It was a clear thing. Some of the big banks said: Do you know what? We don't need those usury fees. It is actually wrong. Those are the big banks that stood up and did the right thing. But a handful of others were still taking advantage of people, and this Senate got to vote on which side are we on. And we failed. So your question is right. You detail what is right about how people are getting hurt already, how the benefits of Social Security are already being affected, how rural Social Security offices are being closed already. And the question is why, under the guise of efficiency, but you are hurting our elders who deserve dignity in their retirement.…
Source
govinfo.gov




