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Tag: Senator Elizabeth Warren

Silence Really Is The Voice of Complicity

Elizabeth Warren   There’s a history of demagogues calling those they disagree with “terrorists” and using that as justification for intimidation and violence – and that history is ugly and dangerous. There’s also a history of people staying quiet for too long, hoping for the best but watching silently as the threat metastasizes. Donald Trump […]

The Banking Industry’s Transparent Attempt to Weaken the CFPB By Senator Elizabeth Warren

In fact, the CFPB has been operating for only four years, but the success of the single-director structure is already apparent. Under the leadership of Director Richard Cordray, the CFPB already has:
•returned more than $11 billion to over 25 million consumers who were cheated on their credit cards, checking accounts or other financial products;
•built a complaint hotline that has exceeded all expectations, handling more than 700,000 complaints and building an information database that is beginning to level the playing field for consumers; and
•issued new, common sense rules on mortgages and other financial products and services that have helped consumers compare costs and understand risks — all while making markets safer and more resilient.