Elizabeth Warren blasts Mary Jo White’s SEC leadership
Source: MarketWatch
Sen. Elizabeth Warren on Tuesday blasted the leadership of Securities and Exchange Commission Chairwoman Mary Jo White, calling it “extremely disappointing.”
It’s the most aggressive critique yet from the Massachusetts Democrat, who has often criticized regulators over their perceived lax stance against Wall Street firms.
In a 13-page letter sent to White on Tuesday, Warren cites four main complaints with White’s two-year tenure:
(snip)
•The SEC’s failure to finalize Dodd-Frank rules regarding disclosure of CEO pay to median workers.
• White’s failure to curb the use of waivers for companies that violate securities laws. Several firms received a waiver after pleading guilty to Justice Department charges of manipulating the foreign exchange market.
Read more: http://www.marketwatch.com/story/elizabeth-warren-blasts-mary-jo-whites-sec-leadership-2015-06-02?link=MW_home_latest_news
http://www.warren.senate.gov/files/documents/2015-6-2_Warren_letter_to_SEC.pdf
letter
= new reply since forum marked as read
for colluding to rig the markets.
to enforce the laws on the books against the banks, mortgage lenders, hedge fund managers, Libor, Wall Street (Ponzi scheme), dark pools, ect.......they had the tools and the means to go after these firms and individuals and they did not, they have not unless you look at the CFPA which was made by and developed by Warren to protect the public-----------while everyone else that has been bought and sold by the oligarchs was trying to take this agency down and are trying to do it to this day.
What is absolutory galling in this entire fiasco is that we, the public, our public treasury-------we own, bailed them out, is getting the proverbial shaft.
We gave our treasury to them at .01 percent rate of borrowed rate to continue to survive after the shenanigans they pulled.
And then they ( Wall Street, banks, ect......)turn right around and we the public, get hit with interests rates at nine to twenty-five percent interest, we are being charged those fees and its our money to boot------------that's what is galling.
We should have been given the same rate of .01%---------but no, we did not get the rate, we got left holding the bank after being robbed, and then being blamed, in a one sided court of power.
They, in turn sat, on there proverbial hands and did, and have done nothing except go before a congress and state, that they were "to big to fail" throw out the fear card for the MSM, to throw out to the masses----------------they were wrong-----------they should have been put in jail.
And if the SEC chair doesn't see this fact then maybe she should resign--------because the Bernie Sanders, Elizabeth Warren, Sherrod Brown, Robert Reich, and others in the "progressive caucus" are coming -----------we have had enough------------this is not business as usual.
And just like the movie "network" and what warren said we the people are mad as hell and we are not going to take it anymore
I try 
It just amazing how the MSM is failing us, and we on this thread and others like C&l and Media Matters, Ring of Fire ect....get to vent this anger to correct what the MSM is suppose to be doing and they are not--------they are just as bad as the banks, the only concern is that want to infomercial the masses for greed and it started when the Fairness Doctrine was taken down in my opinion.
I for one grew-up in the age of Aquarius from which we did not want to be commercialized-----------we wanted change.
Some shows are great, Rachel Maddow, Chris Hayes, Thom Hartman, ect....., but they are very far and in-between and now just like days gone by we have to go underground you might say to do the opposition research to get the facts.
Again thanks for the support
we need more opposition research to get the facts out on what everyone which has been part of this big game they play, have been doing, and to remind people of what they are doing.
They never want to answer the letters-or questions ----------because they know that they are true------and we the public still want answers.
They know if they try to answer them, they have to do it with some nefarious means of denial --------it really is disgusting, like they get caught with there hands in the cookie jar and then have chocolate all over there face--------------I didn't do it, the other person did or they made me do it ------its always the same response.
They truly don't see the Sanders, Warren, Brown, Reich, Papantanio train coming, they really don't----people are fed up.
We have the same tools ( individuals, firms, banks, ect...) that play this game of hide and seek and recusal-----------answer the letter that's all she was asking --------give your answers and she did not
I think its great that Warren backed her into a corner.
When they have these hearings which are few and far in-between, why is that, ..... because we the public don't get to see these hearings because the same people on the committees are bought and sold, they never have, a like Watergate moment never, ever notice that, never ----------this is what is also galling the senate staff are lobbyists working in the committees , it never use to be that way------------until Glass-Steagel------never----------we are giving our tax dollars to have a senator or congressman or woman pay lobbyists to work in their office.
Again Thanks for the support ---------- I and you try to do our proverbial best
