Even families with health insurance are quite vulnerable to a severe economic reversal if someone gets sick.
Elizabeth WarrenRead
65 quotes
Even families with health insurance are quite vulnerable to a severe economic reversal if someone gets sick.
There are very few people at the decision-making table to argue for minimum-wage workers. Very few people.
Unfair servicing practices can worsen a family's already difficult economic situation, and the injury echoes from the family to the community and ultimately throughout the economy.
People have hearts, they have kids, they get jobs, they get sick, they cry, they dance. They live, they love, and they die. And that matters.
If you don't talk about families, then it's easy to disembody subprime mortgages and asset securitization and unemployment rates without remembering that every one of those numbers is a million families.
The over-representation of Wall Street banks in senior government positions sends a bad message. It tells people that one - and only one - point of view will dominate economic policymaking.
We need to align the incentives so that colleges have an incentive to keep down their costs... to graduate students on time with degrees in areas where they're going to be able to get jobs and going to be able to pay back those loans.
People who graduate are more resilient financially, and they weather economic downturns better than people who don't graduate. And, throughout their lives, people who graduate are more likely to be economically secure, more likely to be healthy, and more likely to live longer. Face it: A college degree puts a lot in your corner.
Part of my job is to make sense of all that I hear, and to retell it in a forceful way so that the decision-makers at Treasury can hear it. At least that's how I see it.
If nobody can sell mortgage-backed securities based on trillions of dollars of unpayable instruments, there's a lot less risk in the overall system.
I made it real clear to the business community - if your plan for innovation is to trick people, is to fool them, is not to tell them the truth about the price, then you're right: I'm going to be right in the way.
Because policymakers often rely on think tanks' research when crafting laws and regulations, it's critical to know whether these organizations are truly independent.
If President Barack Obama had not been in the White House, we would not have the Consumer Financial Protection Bureau today.
My mother had taught me about the importance of finding a 'good provider,' so when my boyfriend proposed, I said 'yes' in a heartbeat. I was still just a kid, and I didn't know what was coming in life.
I held my father's hand while he died of cancer, and it's really painful when you do something like that up close and personal. My mother was already gone, and I was very, very close to my father.
Every time the U.S. government makes a low-cost loan to someone, it's investing in them.
I grew up in a family that nearly lost everything, but I ended up in the United States Senate because I grew up in an America that invested in kids like me and built a real future for us.
What we collectively decide about how to bail out our economy, how to pull our economy out of a ditch and what rules we put in place to make sure this problem does not happen again, will shape our country for the next 50 years. This is it.
Most women file for bankruptcy in the aftermath of a serious medical problem, a job loss, or a family break up. It is hard to protect against those.
It is critical that the American people, and not just their financial institutions, be represented at the negotiating table.
I'm really concerned that too-big-to-fail has become too-big-for-trial.
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