During the hearing, Warren asked why ordinary people often faced prosecution while banks do not.
"You know, I just want to note on this. There are district attorneys and U.S. attorneys who are out there every day squeezing ordinary citizens on sometimes very thin grounds. And taking them to trial in order to make an example, as they put it. I'm really concerned that too big to fail has become too big for trial," she said. "That just seems wrong to me."
CORRECTION: A previous version of this story referred to Consumer Bankers Association CEO Richard Hunt by the wrong title. We regret the error.
During the hearing, Warren asked why ordinary people often faced prosecution while banks do not.
ReplyDelete"You know, I just want to note on this. There are district attorneys and U.S. attorneys who are out there every day squeezing ordinary citizens on sometimes very thin grounds. And taking them to trial in order to make an example, as they put it. I'm really concerned that too big to fail has become too big for trial," she said. "That just seems wrong to me."
CORRECTION: A previous version of this story referred to Consumer Bankers Association CEO Richard Hunt by the wrong title. We regret the error.