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Elizabeth Warren was assistant to the president and a special adviser to the Treasury secretary on the Consumer Financial Protection Bureau. She single-handedly set us this bureau, putting in place the building blocks for an agency that will make credit markets
safer and fairer for families.
Thursday, March 27, 2014 We Don't Run This Country for Corporations (28 comments)
I cannot believe that we live in a world where we would even consider letting some big corporation deny the women who work for it access to the basic medical tests , treatments or prescriptions that they need based on vague moral objections.
But here's the scary thing: With the judges we 've got on the Supreme Court, Hobby Lobby might actually win.
Saturday, March 1, 2014 Creating a level playing field (3 comments)
The threat to move us backward is real: the impact of the Supreme Court's recent decision to gut the Voting Rights Act of 1965 is already being felt across the country. The Voting Rights Act is one of the most important civil rights statutes ever enacted by this country. We need to push back against efforts that restrict people's right to vote.
Sunday, February 2, 2014 Coming to a Post Office Near You: Loans You Can Trust? (5 comments)
If the Postal Service offered basic banking services -- nothing fancy, just basic bill paying, check cashing and small dollar loans -- then it could provide affordable financial services for underserved families, and, at the same time, shore up its own financial footing.
Monday, January 20, 2014 Dr. King's coin (5 comments)
"In the final analysis," Dr. King said, "the rich must not ignore the poor because both rich and poor are tied in a single garment of destiny."
The struggle may be fierce, the climb uphill, the obstacles tall. But in a democracy, we, the people, get to choose our destiny, and we can choose a country that lives up to America's founding promise and achieves Dr. King's dreams.
Thursday, January 9, 2014 Who Are The Regulators Working For? (1 comments)
if the regulatory agencies are so confident that settlements are a good deal for the taxpayers they represent, then you would think they would be willing to publicly disclose the key terms and conditions of those agreements -- hang it right out there so everyone can see what a great job they did on behalf of the American people. But too many times, that isn't what they do.
Monday, December 30, 2013 Every American Has the Right to Retire with Dignity -- Why We Must Expand Social Security (2 comments)
With less savings and weaker private retirement protection, retirees depend more than ever on the safety and reliability of Social Security. Social Security also protects retirees' spouses and children, disabled workers, and family members who survive the death of the family's earner. Social Security works; no one runs out of benefits and the guaranteed payments don't rise and fall with the stock market.
Thursday, October 10, 2013 Stop The Presses: I Agree With Wall Street (5 comments)
I can think of a lot of things we could do with $75 billion dollars. We could ramp up Meals on Wheels and Head Start. We could give students some relief on their loans. We could invest in more medical and scientific research. We could pay down the debt. But if we default on our loans, we've just flushed money down the drain. That's about as irresponsible as it gets.
Friday, October 4, 2013 We are not a country of anarchists (29 comments)
If you watch the anarchist tirades coming from extremist Republicans in the House, you'd think they believe that the government that governs best is a government that doesn't exist at all.
But behind all the slogans of the Tea Party -- and all the thinly veiled calls for anarchy in Washington -- is a reality: The American people don't want a future without government.
Wednesday, October 2, 2013 Elizabeth Warren: This is Democracy (25 comments)
It's time to end the debate about whether the Affordable Care Act should exist and whether it should be funded.
Congress voted for this law. President Obama signed this law. The Supreme Court upheld this law. The President ran for reelection on this law. His opponent said he would repeal it -- and his opponent lost by five million votes.
Right now, Republicans are taking the government and the economy hostage
Thursday, September 19, 2013 The 21st Century Glass-Steagall Act would reduce the risk of another crash (8 comments)
David beat Goliath with the passage of Dodd-Frank. David beat Goliath when we fought for and established a strong consumer agency. And David can also beat Goliath on "too big to fail." Five years after the financial crisis, we just have to pick up the slingshot again.
Saturday, August 17, 2013 It's Been Two Years (11 comments)
Big oil companies -- some of the most profitable companies on the planet -- are still guzzling down billions of dollars in subsidies, while Head Start and Meals on Wheels funding are cut in sequestration. Millionaires and billionaires still don't pay their fair share in taxes, but student loans continue to increase and the policy of the federal government is now to profit off our young people getting a higher education.
Tuesday, July 23, 2013 The Whole System Stinks (11 comments)
We should not go along with any plan that demands that our students continue to produce huge profits for our government. Making billions and billions in profits off the backs of students is obscene. A proposal that squeezes even more profits out of our kids, while millionaires and billionaires still don't pay their fair share is a bad deal.
Friday, July 12, 2013 The 21st Century Glass Steagall Act (1 comments)
we need to learn from the financial crisis of 2008 and, moving forward, to prevent the kinds of high-risk activities that made a few people rich but nearly destroyed our economy.
Now it's time to launch the next push. I joined forces with Senators John McCain, Maria Cantwell, and Angus King to introduce the 21st Century Glass Steagall Act of 2013 to reinstate and modernize core banking protections.
Monday, June 17, 2013 It's Time to Adopt Paycheck Fairness Act (2 comments)
When President John F. Kennedy signed the Equal Pay Act into law in 1963, women earned 59 cents for every dollar earned by a man. While the wage gap has narrowed somewhat since then, women today still earn only 77 cents for every dollar a man earns.
Thursday, April 11, 2013 Inch by Inch (21 comments)
The President's policy proposal, known as "chained CPI," would re-calculate the cost of living for Social Security beneficiaries. That new number won't keep up with inflation on things like food and health care -- the basics that we need to live. In short, "chained CPI" is just a fancy way to say "cut benefits for seniors, the permanently disabled, and orphans."
Monday, January 28, 2013 Avoiding Wall St. Shuffle's Perils
There is real peril in this Wall Street shuffle. Big business orthodoxy against rules and regulations can seep into the bones, including the bones of new policymakers who are charged with protecting consumers and strengthening markets. Industry groupthink and overconfidence can prevent clear and evenhanded analysis of problems.
Tuesday, August 28, 2012 Chris Christie at the Republican National Convention (8 comments)
Tonight, Chris Christie and the Republicans told the American people that we're to blame for our broken economy. He told families to tighten their belts. He told seniors to live on less. He told teachers to stop fighting for fair pay.
Tuesday, August 7, 2012 Stop rigging system against small business (9 comments)
Washington politicians line up 10-deep to claim they support small businesses, but they avoid talking about a harsh reality: The system is rigged against small business. These owners can't afford armies of lobbyists in D.C., but the big corporations can. It's those armies of lobbyists that create the loopholes and special breaks that let corporations off the hook for paying taxes. Small businesses are left to pay the bills.
Tuesday, July 24, 2012 Tricks, Traps and Accountability (3 comments)
Just this week, the CFPB announced that its first public enforcement action will require Capital One to refund two million consumers a total of $140 million, in addition to paying a $25 million penalty, as a result of the company's deceptive and misleading practices on credit cards. The big banks, their lobbyists, their friends in Congress, and even Mitt Romney have pushed for repeal of the new agency.
Thursday, August 11, 2011 Coming Home (4 comments)
I left Washington, but I don't plan to stop fighting for middle class families. I spent years working against special interests and have the battle scars to show for it--and I have no intention of stopping now. It is time for me to think hard about what role I can play next to help rebuild a middle class that has been hacked at, chipped at, and pulled at for more than a generation--and that is under greater strain every day.
Monday, July 18, 2011 A Big Week for the New Consumer Agency (6 comments)
This week is the culmination of two years of hard battles. The President put the Consumer Financial Protection Bureau in his first outline of financial regulatory reform, and he never wavered in his support for it. As a result, the agency has stepped out in the right direction.
Friday, September 17, 2010 Fighting to Protect Consumers (16 comments)
Elizabeth Warren's message, on the Whitehouse blog. Note that she has NOT been appointed to run the Consumer Financial Protection Bureau. She's been appointed to be an assistant to the president and a special advisor to the Treasury secretary on the Consumer Financial Protection Bureau.