Senator Warren Grills Fed Chair Powell on Bank Regulations

Рет қаралды 10,029

16 күн бұрын

US Senator Elizabeth Warren, a Massachusetts Democrat, grills Federal Reserve Chair Jerome Powell about bank regulations during Powell's semiannual testimony before the US Senate Banking and Housing Committee.
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Пікірлер: 112

@HarmonixsLoL 14 күн бұрын

"I doubt that" My man Powell clapping back LOL

@prolific1518 13 күн бұрын

He was 100% wrong

@christiancoronado 14 күн бұрын

Useless politician performing

@kurtphilly 14 күн бұрын

She is doing her job. She is a politician.

@royprovins7037 14 күн бұрын

Banks don't have the best reputation

@christiancoronado 14 күн бұрын

@royprovins7037 Warren only cares abt keeping her sit

@peterdangelo5882 13 күн бұрын

Dog and pony show - she is useless. Talks a lot - executive pay??? Economy is going burn down soon and she wants to trim pay - idiot. She had a famous quote about how the people who broke our system in 2007 and had to be held responsible. NONE of them were EVER held accountable

@xoxinthebox 14 күн бұрын

I watched this live Senator Warren made several attempts to put words in Jerome Powell's mouth... Again... It's been 4 years of her doing this... She left immediately following.... and wasn't present prior to this...

@ronsilva7394 14 күн бұрын

She didn’t get her campaign contributions yet ? She needs another beer .

@rolandtiffany1298 14 күн бұрын

He does work for the banks. That’s where she’s wrong

@timx9661 14 күн бұрын

He works for Congress actually.

@Anonymous1038HI 14 күн бұрын

@@timx9661 The federal reserve is a consortium of banks and as federal as fedex. Powell is not elected by the people and the circus which claims before the public that the president has any say in picking the chairman is just smoke and mirrors. The banks could hike interest rates to 30 percent tomorrow if they wished to.

@brent4073 14 күн бұрын

Technically he works for the bank's "bank"..

@hcab8118 14 күн бұрын

@jallen1227 11 күн бұрын

Isn't Pocahantas virtually always wrong ?

@yr6178 14 күн бұрын

She is so emotional...

@Akira282 14 күн бұрын

@@yr6178 she knows she's on camera

@lartorgames 14 күн бұрын

I am bit confused if sentator Warren is Progressive or Democrats, I know Sn Warren is tackling the Issue with SVB and Banking Sector. However if Banks takes risk its not your Warren problem, the real problem is cash flow of bank incase of run out on banks. This classic Democrat move implenting a policy that does not tackle the real issue and leaving its for imminent collapse.

@harysuwanda2529 13 күн бұрын

Yes, 100% agree. She was trying to put blames on the Trump's Executive Orders allowing regional banks with asset below 250B, to bypass Dodd-Frank act. Well, if she wanted to create a new regulations for the banks, why don't ask the current administration to create one?

@Nick-tt2rh 14 күн бұрын

Finally, someone pushes him instead of licking his boots. These banks need to be reigned in.

@dushmaestro 14 күн бұрын

I don’t understand. What can the fed do here? Does she understand monetary policy?

@peterdangelo5882 13 күн бұрын

Another blue state clown who sounds great, but gets nothing done.

@ZaneofAustin 13 күн бұрын

She's doing everything she can, she's holding this person accountable. Now we need TO STOP ELECTING REPUBLICANS that protect these actual clowns.

@jallen1227 11 күн бұрын

@@ZaneofAustin Sorry, Pocahantas has always been a clown not producing anything for the last decade plus

@dustindavenport3765 13 күн бұрын

this was awesome finnaly someone to put powell in his place

@danielscott1409 14 күн бұрын

Who voted for this woman actually?

@ZaneofAustin 13 күн бұрын

I'll do it again, cause she's right and she will bring the fire to deal with the problem. Get ready.

@yanaya713 14 күн бұрын

How can she define "risk taking"? A bank takes risk by default. Also, why private banks, including the Fed, have obligations to take care of the public?? If she feels some bank practices jeopardize the public interest, it's the congress's job to regulate it.

@royprovins7037 14 күн бұрын

Banks have turned into hedge funds. Wrong

@kevinholden-ip5fz 14 күн бұрын

Does Elizabeth Warren know how banks and the financial markets even work?

@lserranov 14 күн бұрын

Do you?

@HS-lt8eu 14 күн бұрын

She was visiting professor at Harvard Law school teaching bankruptcy law. Her line of questioning is aimed at how do you fix the incentive structure of CEO pays to discourage taking such a risk that would harm the economy and then need another taxpayer bail out. After 6 years what has been implemented by the bank regulators and do you Chair Powell see the desired effect? Both are 999999x richer than I am, both have history I do not know and cannot vouch for. But I would appreciate a straight answer from Chair Powell. Maybe he can straight up say enforcing any restrictions on CEO pay can make me very unpopular with my CEO friends.

@user-hv7rt2zr1q 13 күн бұрын

Unlike Warren, whatever Powell say makes sense

@BrokeCryptoBro 14 күн бұрын

BRING BACK CHECKS & BALANCES! OR RISK DESTROYING EVERYTHING THAT WE STAND FOR!

@ed-gn6kl 14 күн бұрын

i think i. hate powell and warren equally.

@jarheadjah3747 13 күн бұрын

Was thst a Demon to the right of her? ...

@brianhollenbeck8633 14 күн бұрын

This country was better when regulation was normal.

@Otter-Destruction 13 күн бұрын

Love Jay Powell

@blankjohnson6934 13 күн бұрын

He works for bankers not people Fed is a private bank

@svnblm 14 күн бұрын

I'm not a fan of Sen Warren -- but she's right on quite a few things -- and on almost everything related to banks

@nickvin7447 14 күн бұрын

No, she really isn't. She cannot even quote Powell properly.

@wasabiflavoredcocaine 14 күн бұрын

She isnt correct about anything. Even her ethnicity

@prolific1518 13 күн бұрын

@@nickvin7447 she is correct. You're bootlicking a banker.

@georgemaximus694 14 күн бұрын

Careful or he won’t cur rates anymore like Wall Street wanted it so badly

@herokorai8346 14 күн бұрын

Can't even stand a few seconds of this video. This is post-menopause in action.

@whitemoon5752 14 күн бұрын

This is what makes US a great nation. You need check and balances. The administration just cannot do what it wants.

@bobtaylor3995 12 күн бұрын

Cranky old bird.

@gedlumhlangamaphela 14 күн бұрын

Deny everything Jerome

@ignaciocarrillo5065 13 күн бұрын

John Deaton

@papa01rus 14 күн бұрын

What is this circus

@JamesBond-jb2yi 14 күн бұрын

It appears, Senator Warren is not a “ drinking buddy” with Chairman Powell , is she? What she was saying that if banks executives risk a lot of money 💴 , and lose they should be responsible for it and get their bonuses cut! It make sense. In normal circumstances, if employees are doing poorly then no bonuses are required? She is asking Chairman Powell to put in regulations to monitor big bank executives bonuses and their risky assets return? Basically, Senator Warren wants accountability, does she?

@jallen1227 11 күн бұрын

OK Pocahantas

@lzyong306 14 күн бұрын

Powell has no idea what he's doing

@user-kc2ct4fh7f 13 күн бұрын

She's not asking questions for Powell to answer - she's answering the questions she's asking of him herself. And her drama is out of control.

@reza031_2 14 күн бұрын

😮😮😮😮

@UnitedWeStand123 14 күн бұрын

So when is USA going back to the gold standard, so that the money can no longer be printed out of thin air and there is macro accountability

@lserranov 14 күн бұрын

I guess never

@SonGoku_dk57 14 күн бұрын

Clowns😆🌚

@coreyjohannsen8353 14 күн бұрын

Love Senator Warren… she is relentless in trying to do the right thing by the American People! 🙏🙏🙏

@Sawubona2007 14 күн бұрын

Does anyone even care what she says anymore?

@lserranov 14 күн бұрын

I do

@Sawubona2007 14 күн бұрын

@@lserranov good luck

@lserranov 14 күн бұрын

@@Sawubona2007 if you don't care why you even watching the video?

@Sawubona2007 14 күн бұрын

@@lserranov I'm in the minority of people that somewhat care

@angusm9419 14 күн бұрын

The Creature From Jekyll Island is a must read for anyone that wants to understand why we must.... END THE FED.

@DSD7733 14 күн бұрын

Jaja the clown show continues

@penguin902 13 күн бұрын

idiots in the comments calling this performative or "blue state antics" are so dumb. We're ALL affected by reckless banks. She's doing the right thing right now. Regardless of ur politcial views, as a citizen you can praise this short clip.

@ShawnFreshley 14 күн бұрын

I’m not for big banks but banks need the risky behavior in order to capture large profits. They need to be smart about the risk not stupid like SVB, but regardless risk on. If they are taking risk of course large bonuses will come. Who’s going to work hard af and take a lot of risk and not pay themselves more when it goes well…? That’s capitalism and it’s acceptable. But I get where she’s coming from.

@prolific1518 13 күн бұрын

No they don't. That's why they have regulation. People like Jerome Powell decide not to do his job and people support it.