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Senator Elizabeth Warren

๐Ÿ‘ค Speaker
519 total appearances

Appearances Over Time

Podcast Appearances

Money Rehab with Nicole Lapin
Senator Elizabeth Warren on The Fight to Ban Stock Trading in Congress (Pt 1)

But the point is, those are two groups that are now in a more vulnerable jobs position.

Money Rehab with Nicole Lapin
Senator Elizabeth Warren on The Fight to Ban Stock Trading in Congress (Pt 1)

So, look, I don't want anybody to lose their job.

Money Rehab with Nicole Lapin
Senator Elizabeth Warren on The Fight to Ban Stock Trading in Congress (Pt 1)

I don't feel better if someone else does.

Money Rehab with Nicole Lapin
Senator Elizabeth Warren on The Fight to Ban Stock Trading in Congress (Pt 1)

But it makes me very uneasy, again, directionally on where we're going on jobs.

Money Rehab with Nicole Lapin
Senator Elizabeth Warren on The Fight to Ban Stock Trading in Congress (Pt 1)

I think the Fed is right to be concerned and to be digging through those data as fast as they can.

Money Rehab with Nicole Lapin
Senator Elizabeth Warren on The Fight to Ban Stock Trading in Congress (Pt 1)

Yeah.

Money Rehab with Nicole Lapin
Senator Elizabeth Warren on The Fight to Ban Stock Trading in Congress (Pt 1)

And remember, the Fed doesn't think we're at the right inflation number.

Money Rehab with Nicole Lapin
Senator Elizabeth Warren on The Fight to Ban Stock Trading in Congress (Pt 1)

They think it needs to be markedly lower.

Money Rehab with Nicole Lapin
Senator Elizabeth Warren on The Fight to Ban Stock Trading in Congress (Pt 1)

They want to see the full point lower than it is on inflation, as well as wrong direction.

Money Rehab with Nicole Lapin
Senator Elizabeth Warren on The Fight to Ban Stock Trading in Congress (Pt 1)

But, you know, you go to a really interesting point here, and that is this question about averages versus calling through the data.

Money Rehab with Nicole Lapin
Senator Elizabeth Warren on The Fight to Ban Stock Trading in Congress (Pt 1)

On average, our incomes are going up every year.

Money Rehab with Nicole Lapin
Senator Elizabeth Warren on The Fight to Ban Stock Trading in Congress (Pt 1)

Yeah, but understand the billionaires are the ones who are looped into that average, and that makes it look a lot better.

Money Rehab with Nicole Lapin
Senator Elizabeth Warren on The Fight to Ban Stock Trading in Congress (Pt 1)

There was a time in America where the big gainers in incomes were the people who made the most modest incomes.

Money Rehab with Nicole Lapin
Senator Elizabeth Warren on The Fight to Ban Stock Trading in Congress (Pt 1)

And proportionally, they were getting more and they were getting more out of GDP.

Money Rehab with Nicole Lapin
Senator Elizabeth Warren on The Fight to Ban Stock Trading in Congress (Pt 1)

The worrisome parts now are to look at the debt levels that families are carrying.

Money Rehab with Nicole Lapin
Senator Elizabeth Warren on The Fight to Ban Stock Trading in Congress (Pt 1)

Go back to your point that unemployment across the board is fairly low.

Money Rehab with Nicole Lapin
Senator Elizabeth Warren on The Fight to Ban Stock Trading in Congress (Pt 1)

And inflation is not giant.

Money Rehab with Nicole Lapin
Senator Elizabeth Warren on The Fight to Ban Stock Trading in Congress (Pt 1)

It's not like it was 40 years ago, which was just wild.

Money Rehab with Nicole Lapin
Senator Elizabeth Warren on The Fight to Ban Stock Trading in Congress (Pt 1)

And yet.

Money Rehab with Nicole Lapin
Senator Elizabeth Warren on The Fight to Ban Stock Trading in Congress (Pt 1)

Or even a couple of years ago.