Sen. Warren's Website
"Elizabeth is widely credited for the original thinking, political courage, and relentless persistence that led to the creation of the Consumer Financial Protection Bureau. As an assistant to President Barack Obama and special adviser to the Secretary of the Treasury, she led the establishment of the consumer agency, building the structure and organization to hold the big banks and financial institutions accountable and to protect consumers from financial tricks and traps often hidden in mortgages, credit cards, and other financial products. The CFPB has returned $12 billion back into the pockets of consumers who were cheated.
Wall Street hated the Consumer Financial Protection Bureau, and they didn’t want Elizabeth – the agency’s biggest champion – to run it. After Senate Republicans vowed to block Elizabeth’s nomination to serve as the first director of the Consumer Financial Protection Bureau, Elizabeth ran for the United States Senate in her home state of Massachusetts. She has served as the Commonwealth’s Senior Senator since 2013.
In the Senate, Elizabeth has worked across the aisle to make a difference for Massachusetts. She’s secured hundreds of millions of dollars in funding for Bay State infrastructure, brought disaster relief to fishermen, and protected homeowners from skyrocketing flood insurance premiums. She’s led the charge to keep dangerous drugs out of circulation so we can fight the opioid epidemic. She’s fought to fund veterans’ health care and protect military families from scammers. And she’s worked to preserve and expand tax credits that benefit hundreds of thousands of hard working families across the Commonwealth."