American - Public | June 22, 1949 -
When giant companies wanted more tax loopholes, Washington got it done. When huge energy companies wanted to tear up our environment, Washington got it done. When enormous Wall Street banks wanted new regulatory loopholes, Washington got it done. No gridlock there!
Elizabeth Warren
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Democrats fought to get health insurance for more Americans. Democrats fought for a strong consumer agency so big banks can't cheat people. We fought, we won, and we improved the lives of millions of people - thank you, President Obama!
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If you believe that America must work for all of us, not just the rich and powerful, if you believe we must reject the politics of fear and division, if you believe we are stronger together, then let's work our hearts out to make Hillary Clinton the next President of the United States!
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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.
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Wall Street's outsized influence in our nation's capital is something I've talked about for a long time - long before I even thought about running for office. But where I see a problem - an infestation, really - a lot of others in Washington, both Democrats and Republicans, seem to see government working just fine.
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Groupthink can become a serious issue - old ideas stay around after they're useful, and new ideas too often don't get a fair hearing.
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There is one thing Anthony Weiner and I agree on: there are a lot of smart, hard-working people in the financial industry.
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Because policymakers often rely on think tanks' research when crafting laws and regulations, it's critical to know whether these organizations are truly independent.
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Wall Street banks have the right to express their views to lawmakers and regulators through lobbying, but the law is clear: If they want to influence lawmakers, they must disclose their lobbying expenditures.
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If the big banks expect to buy influence when they give money to favored think tanks, then the public has a right to know. If the big banks don't expect to buy influence and are merely making charitable contributions, then their shareholders have a right to know. Either way, there's no excuse for keeping these payments secret.
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We've seen filibusters to block judicial nominations, jobs bills, political transparency, ending Big Oil subsidies - you name it, there's been a filibuster.
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I learned something important in my race against Senator Brown: voters want political leaders who are willing to break the partisan gridlock. They want fewer closed-door roadblocks and more public votes on legislation that could improve their lives.
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