Elizabeth Warren Blasts Regulators For Protecting Banks

Elizabeth-Warren2“The Fed messed with the wrong senator…” posted David Dayen on Salon.  Sen. Elizabeth Warren (D-MA) grilled federal officials about illegal bank foreclosures at a Senate Banking Committee hearing on Thursday. She wanted to know if they would give information to victims of illegal foreclosures–or if they just want to protect the banks. Warren asked, “You now know individual cases where the banks violated the law, and you’re not going to tell the homeowners, or at least it’s not clear yet whether you’re going to do that?”     Continue reading