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Sen. Elizabeth Warren scolds regulators for protecting banks

Democratic Sen. Elizabeth Warren of Massachusetts chided two financial regulators on Thursday, wondering why the men were protecting big banks rather than helping struggling families. During a Senate Banking Committee hearing, Warren questioned Daniel P. Stipano of the Office of the Comptroller of the Currency and Richard Ashton of the…

Elizabeth Warren presses financial regulators: Why no trials for Wall Street?

At a Senate Banking Committee hearing on Thursday, Sen. Elizabeth Warren (D-MA) asked the nation’s top financial regulators why Wall Street firms who broke the law were not taken to trial. “We face some very special issues with big financial institutions,” she said. “If they can break the law and…