How Did Wall Street Enemy No. 1 Get a Banker to Applaud? (Video)
Sen. Elizabeth Warren’s passionate speeches can win over almost anyone — including bankers, it seems. To be fair, the man who applauded the Massachusetts senator’s speech at a Senate Banking Committee hearing Thursday is the CEO of a community bank and chairman of the Independent Community Bankers of America, so he’s not your typical “bankster.”
Watch as Warren points out that big banks received absurdly large subsidies and are exempt from fraud prosecution, while small banks are held to a completely different standard.
—Posted by Natasha Hakimi ZapataWait, before you go…
If you're reading this, you probably already know that non-profit, independent journalism is under threat worldwide. Independent news sites are overshadowed by larger heavily funded mainstream media that inundate us with hype and noise that barely scratch the surface. We believe that our readers deserve to know the full story. Truthdig writers bravely dig beneath the headlines to give you thought-provoking, investigative reporting and analysis that tells you what’s really happening and who’s rolling up their sleeves to do something about it.
Like you, we believe a well-informed public that doesn’t have blind faith in the status quo can help change the world. Your contribution of as little as $5 monthly or $35 annually will make you a groundbreaking member and lays the foundation of our work.Support Truthdig