“If large financial institutions can break the law and accumulate million in profits - and, if they get caught, settle by paying out of those profits - they do not have much incentive to follow the law.”

Elizabeth Warren is an American politician and former law professor. A progressive Democrat, she has served as the senior United States senator from Massachusetts since 2013. In the Senate, Warren has focused on consumer protection, fair economic opportunity, and the social safety net. She also ran for the Democratic presidential nomination in 2020 and finished third, behind Joe Biden and Bernie Sanders.