Warren Hits Obama: He ‘Protected Wall Street’

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October 12, 2014 12:23 p.m.

Sen. Elizabeth Warren (D-MA) criticized President Obama and his economic advisors for siding with Wall Street during the financial crisis.

“He picked his economic team and when the going got tough, his economic team picked Wall Street,” she said in an interview with Salon published Sunday.

“They protected Wall Street,” she continued. “Not families who were losing their homes. Not people who lost their jobs. Not young people who were struggling to get an education. And it happened over and over and over.”

Warren also noted however, that Obama has protected the Consumer Financial Protection Bureau, which Warren proposed in 2007.

“If Barack Obama had not been president of the United States we would not have a Consumer Financial Protection Bureau. Period. I’m completely convinced of that,” she said.

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