PoliticsNation | February 26, 2013
>>> why is it great to have elizabeth warren in the senate? when she ran for the senate, she said she'd be a fighter for main street . she vowed to level the playing field . now that she's a senator, she wasted no time going right after the banks at her first banking committee hearing.
>> so the question i'm really asking is can you identify when you last took the wall street banks to trial? anyone else want to tell me about the last time you took a wall street bank to trial? i'm really concerned that too big too fail has become too big for trial. that just seems wrong to me.
>> and today she continued her fight against too big to fail. banks grilling federal reserve chairman ben bernanke on fairness. it was classic warren.
>> when are we going to get rid of too big to fail? these big financial institutions are getting cheaper borrowing to the tune of $83 billion in a single year. $83 billion. that $83 billion subsidy, does it worry you?
>> of course. i think this is very important. i would very much like to have the confidence that we could close down a large institution without causing damage to the rest of the economy.
>> this is big. those banks may be thinking twice about taking those risks. another reason it's great to have senator warren's voice there in the