“Other countries around the world make employees and retirees first in the priority. For example, in Mexico, the bankruptcy laws say if a company wants to go bankrupt... obligations to employees and retirees will have a first priority. That has an effect on every negotiation that takes place with every company in Mexico.”

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.