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Senator Warren Grills Fed Chair Powell on Bank Regulations

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: 117

  • @HarmonixsLoL
    @HarmonixsLoLАй бұрын

    "I doubt that" My man Powell clapping back LOL

  • @prolific1518

    @prolific1518

    Ай бұрын

    He was 100% wrong

  • @jcarle1001

    @jcarle1001

    22 күн бұрын

    Clapback nothing, he was lying.

  • @xoxinthebox
    @xoxintheboxАй 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...

  • @Nick-tt2rh
    @Nick-tt2rhАй бұрын

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

  • @christiancoronado
    @christiancoronadoАй бұрын

    Useless politician performing

  • @kurtphilly

    @kurtphilly

    Ай бұрын

    She is doing her job. She is a politician.

  • @royprovins7037

    @royprovins7037

    Ай бұрын

    Banks don't have the best reputation

  • @christiancoronado

    @christiancoronado

    Ай бұрын

    @royprovins7037 Warren only cares abt keeping her sit

  • @peterdangelo5882

    @peterdangelo5882

    Ай 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

  • @ronsilva7394
    @ronsilva7394Ай бұрын

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

  • @rolandtiffany1298
    @rolandtiffany1298Ай бұрын

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

  • @timx9661

    @timx9661

    Ай бұрын

    He works for Congress actually.

  • @Anonymous1038HI

    @Anonymous1038HI

    Ай 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

    @brent4073

    Ай бұрын

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

  • @hcab8118

    @hcab8118

    Ай бұрын

    No

  • @jallen1227

    @jallen1227

    Ай бұрын

    Isn't Pocahantas virtually always wrong ?

  • @danielscott1409
    @danielscott1409Ай бұрын

    Who voted for this woman actually?

  • @ZaneofAustin

    @ZaneofAustin

    Ай бұрын

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

  • @lartorgames
    @lartorgamesАй 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

    @harysuwanda2529

    Ай 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?

  • @dushmaestro
    @dushmaestroАй бұрын

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

  • @peterdangelo5882

    @peterdangelo5882

    Ай бұрын

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

  • @ZaneofAustin

    @ZaneofAustin

    Ай 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

    @jallen1227

    Ай бұрын

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

  • @dustindavenport3765
    @dustindavenport3765Ай бұрын

    this was awesome finnaly someone to put powell in his place

  • @kevinholden-ip5fz
    @kevinholden-ip5fzАй бұрын

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

  • @lserranov

    @lserranov

    Ай бұрын

    Do you?

  • @HS-lt8eu

    @HS-lt8eu

    Ай 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.

  • @yanaya713
    @yanaya713Ай 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

    @royprovins7037

    Ай бұрын

    Banks have turned into hedge funds. Wrong

  • @susanlucas1125
    @susanlucas112512 күн бұрын

    Good for Senator Warren...call on these banks and Federal Chairman.

  • @jcarle1001
    @jcarle100122 күн бұрын

    Powell is absolutely horrible. That position should be ran by someone like Liz Warren or Katie Porter.

  • @yr6178
    @yr6178Ай бұрын

    She is so emotional...

  • @Akira282

    @Akira282

    Ай бұрын

    @@yr6178 she knows she's on camera

  • @sv3sbp

    @sv3sbp

    20 күн бұрын

    It's just funny that people call her emotional for doing her job and I had no idea that there are a bunch of billionaires in the KZread comment section. Morons voting against their own interests.

  • @svnblm
    @svnblmАй 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

    @nickvin7447

    Ай бұрын

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

  • @wasabiflavoredcocaine

    @wasabiflavoredcocaine

    Ай бұрын

    She isnt correct about anything. Even her ethnicity

  • @prolific1518

    @prolific1518

    Ай бұрын

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

  • @ed-gn6kl
    @ed-gn6klАй бұрын

    i think i. hate powell and warren equally.

  • @coreyjohannsen8353
    @coreyjohannsen8353Ай бұрын

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

  • @herokorai8346
    @herokorai8346Ай бұрын

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

  • @Otter-Destruction
    @Otter-DestructionАй бұрын

    Love Jay Powell

  • @jarheadjah3747
    @jarheadjah3747Ай бұрын

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

  • @user-hv7rt2zr1q
    @user-hv7rt2zr1qАй бұрын

    Unlike Warren, whatever Powell say makes sense

  • @lzyong306
    @lzyong306Ай бұрын

    Powell has no idea what he's doing

  • @brianhollenbeck8633
    @brianhollenbeck8633Ай бұрын

    This country was better when regulation was normal.

  • @whitemoon5752
    @whitemoon5752Ай бұрын

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

  • @JamesBond-jb2yi
    @JamesBond-jb2yiАй 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?

  • @blankjohnson6934
    @blankjohnson6934Ай бұрын

    He works for bankers not people Fed is a private bank

  • @bobtaylor3995
    @bobtaylor3995Ай бұрын

    Cranky old bird.

  • @user-kc2ct4fh7f
    @user-kc2ct4fh7fАй 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.

  • @Sawubona2007
    @Sawubona2007Ай бұрын

    Does anyone even care what she says anymore?

  • @lserranov

    @lserranov

    Ай бұрын

    I do

  • @Sawubona2007

    @Sawubona2007

    Ай бұрын

    @@lserranov good luck

  • @lserranov

    @lserranov

    Ай бұрын

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

  • @Sawubona2007

    @Sawubona2007

    Ай бұрын

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

  • @georgemaximus694
    @georgemaximus694Ай бұрын

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

  • @ignaciocarrillo5065
    @ignaciocarrillo5065Ай бұрын

    John Deaton

  • @penguin902
    @penguin902Ай 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.

  • @gedlumhlangamaphela
    @gedlumhlangamaphelaАй бұрын

    Deny everything Jerome

  • @UnitedWeStand123
    @UnitedWeStand123Ай 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

    @lserranov

    Ай бұрын

    I guess never

  • @papa01rus
    @papa01rusАй бұрын

    What is this circus

  • @jallen1227
    @jallen1227Ай бұрын

    OK Pocahantas

  • @jcarle1001

    @jcarle1001

    22 күн бұрын

    You can't even add 2 + 2 but you think you got the economy figured out cuz trump told you to use a racist name like pocahontas for Warren. Warren was a professor, at Harvard while you was cleaning urinal cakes at your local fast food restaurant.

  • @hcab8118
    @hcab8118Ай бұрын

    I am for regulation, but her premise has no substance. Also, Powell is not the enemy.

  • @FJB8503
    @FJB8503Ай бұрын

    Get corrupt Warren out of office in November. Support John Deaton!!!!

  • @DSD7733
    @DSD7733Ай бұрын

    Jaja the clown show continues

  • @M3ta1
    @M3ta1Ай бұрын

    Gosh Liz Warren has to go

  • @angusm9419
    @angusm9419Ай бұрын

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

  • @SonGoku_dk57
    @SonGoku_dk57Ай бұрын

    Clowns😆🌚

  • @johnireland6301
    @johnireland6301Ай бұрын

    Poor Liz. Hasn’t seen the ball since the kickoff. Repulsive hypocrite.

  • @WarriorChampion47
    @WarriorChampion47Ай бұрын

    This women is really a wasted life

  • @leos4607
    @leos4607Ай бұрын

    Ms karren has no clue where to connect the dots. Pulling question outa er bumm

  • @Tyrisanders
    @TyrisandersАй бұрын

    Pocahontas at it again

  • @reza031_2
    @reza031_2Ай бұрын

    😮😮😮😮

  • @ShawnFreshley
    @ShawnFreshleyАй 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

    @prolific1518

    Ай 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.

  • @S-jx7vi
    @S-jx7viАй бұрын

    Dude is on it 💪

  • @BrokeCryptoBro
    @BrokeCryptoBroАй бұрын

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

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