Senator Warren is Wall Street’s worst nightmare

[JRLeft]

The election is over but that doesn’t mean the election drama is over. From Donald Trump demanding a revolution in a now-deleted tweet to the stock market taking a dive, the post-election drama is still going strong. Part of the stock market drama can be tied to the newly elected Senator from Massachusetts, Elizabeth Warren.

Warren, a consumer advocate, was part of the force behind the creation of the Consumer Financial Protection Bureau and the Dodd-Frank banking reform act. Warren’s voice was strong then and now as a member of the Senate, it is only going to get stronger.

Personally, I think that the CFPB is only going to help the nation’s economy as it targets predatory lending and other shady banking practices that helped cause the whole economic mess in the first place. Kudos to Warren for standing up in support of Dodd-Frank and congratulations on her Senate race win.

Video at the link: http://www.mnn.com/money/personal-finance/blogs/watch-senator-warren-is-wall-street%E2%80%99s-worst-nightmare

[octoberlib]

1. Good! I hope they never get a good nights' sleep nt

[Indydem]

2. Actually, she was probably more effective as an outside advocate.

Her voice is now 1 of 100 in a bureaucratic hell of backslapping and partisanship.

[Filibuster Harry]

3. Go Girl !!!

Time to break up the "to big to fail" banks; bring back Glass-Steigel (i am sure i spelled that wrong); and get the banks back to clean , legitimate mortgages again.

We can do this.

[CaliforniaPeggy]

4. I could not be more pleased at her victory!

She will be a strong voice in the Senate. Long may she serve!

[Tennessee Hillbilly]

5. Those Wall Street parasites hate this

Those Wall Street parasites hate it when somebody makes it harder for them to cheat.

[Yavin4]

6. Looks like the Coke and Hooker Parties May Be Put on Hold

And consumers, borrwers, and investors may actually be treated with some respect instead of being suckered.

[ffr]

7. Or more accurately: worst Wallstreet criminals nightmare

Wallstreet itself would have little to fear, I'd imagine.