Elizabeth Warren blasts Fed chair Jerome Powell, says he 'took a flamethrower' to banking regulations

Sen. Elizabeth Warren says Jerome Powell 'took a flamethrower' to banking regulations after SVB collapse

Sen. Elizabeth Warren, D-Mass., criticized Federal Reserve Chairman Jerome Powell on Sunday and argued he"took a flamethrower" to banking regulations following the"Jerome Powell just took a flamethrower to the regulations, weakened them, weakened them, weakened dozens of the regulations and then the CEOs of the banks did exact he what we expected.

"Well, in the moment, we’ve got the federal government obviously taking extraordinary action and they’ve done it to back up depositors and I think it's fair to say that depositors should be able to take a pretty deep breath. The federal government has indicated there is going to be a lot of protection for you, but we have to worry about how much risk is in these multibillion-dollar banks, because it's perfectly clear that these regulators were asleep at the switch.

Typical democrat pass the blame we all know Bidens. plans for this country would lead to a high recession. high unemployment and more. Democrat supporters and financial experts released those finding the afternoon of the election. No one is hurting this

I think that Covid shot may have serious side effects given what is going on with all these politicians.

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