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Forum Post: Sen. Elizabeth Warren demands transparency when feds settle claims against big banks

Posted 7 months ago on Jan. 8, 2014, 4:21 p.m. EST by GirlFriday (17435)
This content is user submitted and not an official statement

A new bill introduced by Sen. Elizabeth Warren (D-Massachusetts) would shine a light on corporate wrongdoing by allowing the public greater access to terms of settlements they reach with the government.

“When government agencies reach settlements with companies that break the law, they should disclose the terms of those deals to the public,” Warren said.

She said federal agencies should disclose the key terms and conditions of agreements reached with corporations at the close of investigations, and she also argued that tax deductions and other credits built into the settlements should be publicly disclosed. link

Truth in Settlement Act

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8 Comments


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[-] 1 points by grapes (2838) 7 months ago

Massachusetts had the good sense to send her back to Washington D.C. even after our Big-Clam-in-chief had passed over her to head up her baby: the Consumer Financial Protection Bureau. The Minutemen still live and the Patriots shall never die.

[+] -10 points by OpinionsArentLies (0) 7 months ago

Senator Warren, another lifelong Republican. Her and Charlie Christ should write a book: "How to play the masses like idiots"

I wonder what its like to have an awakening like that? Probably just some poll results.

[-] 7 points by DKAtoday (27778) from Coon Rapids, MN 7 months ago

Elizabeth Ann Warren is an American academic and politician who is the senior United States Senator from Massachusetts and a member of the Democratic Party.


U idiot.

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[-] 3 points by GirlFriday (17435) 7 months ago

Hey look it's our multiple ID cockroach troll. How you doin'?

[+] -4 points by OpinionsArentLies (0) 7 months ago

How have you lasted this long?

[-] 3 points by GirlFriday (17435) 7 months ago

How do you look in the mirror knowing that you have sold out the American people?

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