Word: warren
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...Warren wrote in an e-mailed statement to The Crimson that she has been less than impressed by the results of TARP so far. She wrote that while TARP successfully calmed the panic on Wall Street, problems affecting the rest of the country such as foreclosures and constricted small business lending have “intensified...
...Banks that were too big to fail a year and a half ago are now bigger,” Warren wrote. “Treasury was very effective at shoveling money into big banks, but it was not so effective at meeting the other goals Congress established for the program...
...Warren has advocated for the middle class in Huffington Post columns and several books, including the 2000 release "The Fragile Middle Class: Americans in Debt...
...Warren has argued for the creation of a Consumer Financial Protection Agency, which would regulate financial products like mortgages and credit cards to improve transparency and customers' understanding of their terms and conditions. She has envisioned the creation of an agency overseeing such financial products "for a long time," according to Law School Professor Charles Fried...
...Boston Globe article describes Warren as "a burr under the saddle of official Washington." In public statements, Warren has faulted the government—and the Treasury in particular—for funneling money into Wall Street as the middle class faces further constraints...