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Post by bot on Dec 22, 2014 15:25:35 GMT -5
Senator Elizabeth Warren on Managing the Economy by info@c-spanarchives.org (National Cable Satellite Corporation) Senator Elizabeth Warren (D-MA) talked about the influence Wall Street has on Congress through their hundreds of lobbyists and criticizing the "revolving door" between Wall Street executives and the Treasury Department. She related this to the 2008 financial crisis. Senator Warren also repeated her opposition to President Obama's nomination of Wall Street investment banker Antonio Weiss as Treasury undersecretary for domestic finance, saying his international investment banking dealings did not make him the best candidate to oversee domestic finances. This was the keynote address at the conference "Managing the Economy: Wall Street, Main Street and Federal Reserve" held in the Hart Senate Office Building by Americans for Financial Reform, the Economic Policy Institute, and the Roosevelt Institute's Financialization Project. www.c-spanvideo.org/program/323150-1
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