Quotessence
Home / Authors / Elizabeth Warren
Elizabeth Warren

Elizabeth Warren Quotes

United States Senator

Filter quotes by topic

AllPeopleIfsFinancialCreditCardsFightingThinkingWantYearsBigsCredit CardDebtJobsNeedsTrumpWayCountryPayAmericaEconomy

Famous Elizabeth Warren Quotes

“The financial services industry has seemed to treat the crisis like a little rainfall - inconvenient, but no significant changes needed. The real question moving forward is how the industry will respond to Wall Street reform and growing public anger.”

LittlesRealMovingGrowingStreetsWallIndustryNeededTreatsCrisisFinancialSignificantMoving ForwardReformInconvenientReal QuestionsRainfallSignificant ChangeFinancial ServicesService Industry
Author:Elizabeth Warren
Create image

“Big banks churn out page after page of incomprehensible fine print to obscure the cost and risks of checking accounts, credit cards, mortgages and other financial products. The result is that consumers can't make direct product comparisons, markets aren't competitive, and costs are higher. If the playing field is leveled and the broken market fixed, a lot more money will stay in the pockets of millions of hard-working families. That's real stimulus - money to families, without increasing our national debt.”

IfsRealHardBigsResultsMillionsRiskFieldsProductsHard WorkBrokenFineHigherCostPagesDirectAccountsFinancialCreditDebtCardsConsumersFixedPocketsComparisonPrintMore MoneyObscureStimulusMortgageCredit CardPlaying FieldsNational DebtFine PrintChecking Accounts
Author:Elizabeth Warren
Create image

“The financial collapse of 2008 got its start with predatory mortgages, that weren’t sold by community banks and credit unions, they were sold by fly by night mortgage brokers who had almost zero federal oversight and then the big banks looked over, saw the profit potential and they wanted it bad. So they jumped in and sold millions of these terrible mortgages while the bank regulators just looked the other way.”

WayBigsWantedNightCommunityMillionsSawsTerribleUnionsFinancialProfitCreditZeroCollapseMortgageBrokersOversightPredatoryRegulatorsCredit UnionsAlmost ZeroFinancial Collapse
Author:Elizabeth Warren
Create image

“It's critical to level the playing field, to make prices and risks clear up front, so when someone signs on for a student loan or a mortgage or a credit card, they know the tricks and traps hidden in the fine print. That's why the Consumer Financial Protection Bureau has been working on a new financial aid shopping sheet. A shorter, two-page credit card agreement, a simpler mortgage disclosure form. All those are aimed toward helping people understand the basic bargain.”

PeopleKnowsHas BeensTwoHelpingFormLevelsClearRiskFrontsFieldsStudentsFinePagesFinancialCreditCriticalProtectionAidsTricksCardsConsumersAgreementPrintShoppingTrapsSheetsLoanHelping PeopleBargainsMortgageCredit CardPlaying FieldsDisclosureStudent LoanFine PrintFinancial Aid
Author:Elizabeth Warren
Create image

“I get heartfelt thanks from all kinds of people. Today I heard from a waitress in Georgia who has lost her job and is trying to figure out how her local bank can change the terms on her credit card, and I heard from a physicist at a major research university who wants to explain a better theory of financial stress tests.”

PeopleWantTryingKindTodayJobsLostTermHeardFiguresTheoryMajorsResearchTestsStressUniversityFinancialCreditLocalsAll KindsCardsThanksPhysicistGeorgiaHeartfeltCredit CardWaitressHeartfelt Thanks
Author:Elizabeth Warren
Create image