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Quote by Elizabeth Warren

“Meaningful rules in the consumer credit market can accelerate economic recovery. Rules would increase consumer confidence and, more importantly, weed out all the tricks and traps that sap families of billions of dollars annually.”

Quote by Elizabeth Warren

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Elizabeth Warren
Elizabeth Warren

Elizabeth Warren, born on June 22, 1949, is an American politician and academic. She serves as a United States Senator from Massachusetts, known for her advocacy in consumer protection and financial regulation. A prominent figure in the Democratic Party, Warren has made significant contributions to the field of bankruptcy law and academia. more

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“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.”

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Author:Elizabeth Warren
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“Get out of debt. In a world of stagnant incomes and rising core expenses like mortgage and health care costs, that's a lot easier said than done. The middle class is under enormous pressure. But families can stop the bleeding by reducing their reliance on debt wherever they can. They can also start fighting back by taking a hard look at whom they do business with and rethinking whether they want tricks-and-traps banks to hold their money. They can also demand that public officials take the side of families over the side of banks.”

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Author:Elizabeth Warren
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