warren, elizabeth fair use. (c): Consumer Financial Protection Bureau

The Political Importance of Elizabeth Warren

Financial reform in the US and worldwide hangs in the balance: the issues are detailed and technical, and the financial lobby has deployed a small army of highly paid experts on a mission of delay, dilution, and diversion. This is why newly elected Senator Elizabeth Warren of Massachusetts is already proving so effective.

WASHINGTON, DC – Financial reform in the United States and worldwide hangs in the balance. The problems that brought us the terrible crisis of 2007-08 have not been fixed. Some underlying weaknesses are actually worse than they were a decade ago, including the problem of “too big to fail” global megabanks.

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