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Warren: "What I hate are banks that cheat people."

November 3, 2009

That was Elizabeth Warren’s response to a critic who claimed that she must hate banks, according to a recent article in the Boston Globe.

The article provides biographical context through which to understand Warren’s rise as a consumer advocate.  She says that her involvement in consumer financial issues is linked to her personal experience, in which a simple mistake, compounded with an anti-consumer system, made it difficult for everyday Americans to regain financial stability.

Elizabeth Warren’s recent work has been in support of the Consumer Financial Protection Agency, an endeavor that AFFIL supports.  This consumer agency would regulate lending products and financial tools, from credit cards to mortgages to student loans.  To find out more about the proposed CFPA, click here.

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