Elizabeth Warren and the End of Banks?

Hey guys,

Just wanted to hear your thoughts on Elizabeth Warren's election to senate. There has been a lot of speculation that her presence could mean bad news for some of the big banks.

 

She can't do much on her own, but I really hate the fact that she was elected. Just like Nancy Pelosi could only be elected in San Francisco, Warren could only be elected in MA. Scott Brown was a very solid senator - but he was thrown out in favor of Warren. She might be the closest thing the senate has to a socialist.

And her work setting up the CFPB is despicable. The CFPB is unaccountable, privately funded, and a massive overreach of government. It was created to solve a nonexistent problem. All it has done so far is create burdensome, yet ultimately pointless, regulations.

 
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