Elizabeth Warren
U.S. Senator from Massachusetts
Elizabeth Ann Herring Warren was born in June 1949 in Oklahoma City, Oklahoma. She attended George Washington University and later earned a B.S. in speech pathology and audiology from the University of Houston. He earned a Juris Doctor from Rutgers Law School.
In her pre-political career, she taught children with disabilities at a public school, entered the private practice of law, and donated legal services. She became a lecturer at Rutgers University, Newark School of Law, moving to the University of Houston Law Center where she became an associate dean and obtained tenure. She taught at the University of Texas School of Law, becoming a full professor, and taught at other law schools as well. She became a full professor at the University of Pennsylvania, later teaching for a year at Harvard Law School.
She was appointed by President Barack Obama to be special advisor for the Consumer Financial Protection Bureau where she spent a year. A year later she ran for and was elected a United States Senator from Massachusetts, assuming office in January 2013.
Twice married, first to James Robert Warren and now to Bruce Mann, she has two children and several grandchildren. Warren grew up as a Methodist, teaching Sunday School to fifth graders, and has attended various churches since.
In the News…
Senator Elizabeth Warren of Massachusetts was joined by Senator Chris Van Hollen of Maryland in proposing additional regulation on the relationship between banking institutions and companies that provide financial technology. The legislators state that “fintechs” pose a threat to consumer safety.
They wrote to the heads of the Federal Reserve, Office of the Comptroller of the Currency, and the FDIC to request direct monitoring and enforcement action under the under the Bank Service Company Act and the Federal Deposit Insurance Act.
The senators wrote, “The rapid growth of these partnerships risks harming consumers while posing a broader threat to the stability of our banking system and the economy.“
They urged, “You possess clear statutory authority to regulate service providers directly. In the immediate term, given the threat posed to consumer deposits by the safety and soundness vulnerabilities of BaaS and fintech companies, we urge you to use your existing authority under the Bank Service Company Act and the Federal Deposit Insurance Act to directly supervise and examine these entities and address these threats.”
Contact this Leader…
Did you pray for Senator Warren today? You can let her know at:
The Honorable Elizabeth Warren
Senator from Massachusetts
311 Hart Senate Office Building
Washington, DC 20510
