Senator Warren is Wall Street’s worst nightmare

The election is over but that doesn’t mean the election drama is over. From Donald Trump demanding a revolution in a now-deleted tweet to the stock market taking a dive, the post-election drama is still going strong. Part of the stock market drama can be tied to the newly elected Senator from Massachusetts, Elizabeth Warren.

Warren, a consumer advocate, was part of the force behind the creation of the Consumer Financial Protection Bureau and the Dodd-Frank banking reform act. Warren’s voice was strong then and now as a member of the Senate, it is only going to get stronger.

Personally, I think that the CFPB is only going to help the nation’s economy as it targets predatory lending and other shady banking practices that helped cause the whole economic mess in the first place. Kudos to Warren for standing up in support of Dodd-Frank and congratulations on her Senate race win.

Video at the link: http://www.mnn.com/money/personal-finance/blogs/watch-senator-warren-is-wall-street%E2%80%99s-worst-nightmare

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7 replies	Author	Time	Post
Senator Warren is Wall Street’s worst nightmare (Original post)	JRLeft	Nov 2012	OP
Good! I hope they never get a good nights' sleep nt	octoberlib	Nov 2012	#1
Actually, she was probably more effective as an outside advocate.	Indydem	Nov 2012	#2
Go Girl !!!	Filibuster Harry	Nov 2012	#3
I could not be more pleased at her victory!	CaliforniaPeggy	Nov 2012	#4
Those Wall Street parasites hate this	Tennessee Hillbilly	Nov 2012	#5
Looks like the Coke and Hooker Parties May Be Put on Hold	Yavin4	Nov 2012	#6
Or more accurately: worst Wallstreet criminals nightmare	ffr	Nov 2012	#7

Response to JRLeft (Original post)

Fri Nov 9, 2012, 03:18 PM

octoberlib (1,675 posts)

1. Good! I hope they never get a good nights' sleep nt

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Response to JRLeft (Original post)

Fri Nov 9, 2012, 03:21 PM

Indydem (1,625 posts)

2. Actually, she was probably more effective as an outside advocate.

Her voice is now 1 of 100 in a bureaucratic hell of backslapping and partisanship.

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Response to JRLeft (Original post)

Fri Nov 9, 2012, 03:23 PM

Filibuster Harry (583 posts)

3. Go Girl !!!

Time to break up the "to big to fail" banks; bring back Glass-Steigel (i am sure i spelled that wrong); and get the banks back to clean , legitimate mortgages again.

We can do this.