Skip to main content

Elizabeth Warren: Financial Rules 'Literally Don't Work Anymore,' Regulations Should Be 'Clear And Pain

The Huffington Post - Elizabeth Warren, a professor at Harvard Law School who has more recently assumed the role of chairwoman of the Congressional Oversight Panel for the Troubled Asset Relief Program (TARP), sat down with The New Yorker's James Surowiecki recently. The topic was Warren's brainchild, the Consumer Financial Protection Agency Act, which is currently being debated in Congress.

According to Warren, financial institutions need a regulator regime that is both "clear and painful." Read more.


Popular posts from this blog

Kamala Harris Has a Distinguished Career of Serving Injustice

Kamala Harris is rising in the polls after dramatically confronting Joe Biden during the Democratic primary debate about his opposition to federally mandated busing for desegregation. The following week, however, Harris backed away from saying that busing should always be federally mandated, calling it just one “tool that is in the toolbox” for school districts to use.  Read more.