Sen. Elizabeth Warren (D-MA) on Tuesday night tore into an ad that ran during the Fox Business Network debate that criticized the Consumer Financial Protection Bureau and portrayed Warren as a dictator on a red banner at an oppressive CFPB office.
So… Can we talk about that ad that just ran during the #GOPDebate where I look like a Commie dictator?
— Elizabeth Warren (@elizabethforma) November 11, 2015
The 30-second ad from the conservative American Action Network portrays the CFPB as a Soviet-style sweat shop with workers robotically denying loans to American consumers. The narrator says that the bureau is “designed to interfere with your personal financial decisions.”
“With the Consumer Financial Protection Bureau, those who need help the most are are denied,” the narrator says.
The American Action Network spent $500,000 on the ad that ran during the debate and will continue to run the spot on cable in Washington, D.C., this week, according to Politico.
On Twitter, Warren called out Wall Street lobbyists for working to undermine the CFPB.
Wall Street has a problem: They know the @CFPB is working, & it’s incredibly popular with the families it helps. #GOPDebate
— Elizabeth Warren (@elizabethforma) November 11, 2015
The @CFPB has forced the big financial companies to return more than $11B to people they cheated on credit cards, mortgages, etc. #GOPDebate
— Elizabeth Warren (@elizabethforma) November 11, 2015
Thousands of dollars on a TV ad is nothing compared to the money the big banks save if their GOP buddies go after the @CFPB. #GOPDebate
— Elizabeth Warren (@elizabethforma) November 11, 2015
Wall Street knows if they soften @CFPB support, the GOP will feel better undercutting the agency in closed-door deals. #GOPDebate
— Elizabeth Warren (@elizabethforma) November 11, 2015
Watch the American Action Network ad:
H/t The Hill