Did Sen. Warren Make Wall Street an Enemy?

Did Sen. Warren Make Wall Street an Enemy?

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the controversy surrounding the Omnibus Bill, which included a provision affecting Dodd-Frank regulations. Senator Elizabeth Warren criticizes the influence of Citibank lobbyists in shaping legislation. The conversation explores the role of lobbying in policy-making, the effectiveness of banking fines, and the need for accountability. Additionally, the nomination of Antonio Weiss to the Treasury Department is debated, highlighting concerns about regulatory history and the need for public-focused regulators.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the proposed amendment related to Citibank that was discussed?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What were the implications of the Glass-Steagall Act mentioned in the discussion?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways did the speakers suggest that the government failed in regulating the banks?

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