Senator Warren Questions Janet Yellen on Wells Fargo Fake Accounts Scandal

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  • Опубликовано: 28 сен 2024
  • Senate Banking Committee Hearing on the Semiannual Monetary Policy Report to the Congress. July 13th, 2017.

Комментарии • 285

  • @tiffsaver
    @tiffsaver 5 лет назад +46

    I think Janet Yellin' should win an award for talking and talking and still managing to say NOTHING.

    • @earthstara2408
      @earthstara2408 3 года назад +3

      She did and has, her big fat salary! That’s is her reward.

    • @tiffsaver
      @tiffsaver 3 года назад +3

      @@earthstara2408
      Has this greedy bit*h every said or done ANYTHING truthful since she was head of the Fed, and now having moved into the US Treasury?? All central bankers should be hunted down and put in prison... period.

    • @earthstara2408
      @earthstara2408 3 года назад +1

      ...and Allan Greenspan...? he should return every penny of his salary because clearly he DID NOT do as he was EMPLOYED to do. The results of his tenure are self evident, a 20 million dollar fortune and popularization of “ greenspeak” / “fedspeak”. He admitted that he had “made a mistake in presuming” that the financial firms would regulate them selves. This ponZi scheme has been playing out for longer than I ve been alive. No ones ever going to jail because everyones fortunes depends on their mutual complacency. How do you think Bernie Madoff performed all his illusions in plain site?

    • @tiffsaver
      @tiffsaver 3 года назад +3

      @@earthstara2408
      ABSOLUTELY. He started the whole thing. On my prisoner list would also be Ben Shalom Bernanke, who predicted that, "there would be no mortgage crisis!" before he left office to begin a lucrative book deal and lecture circuit career.

    • @tiffsaver
      @tiffsaver 3 года назад +4

      @@earthstara2408
      The Fed is a revolving door, just like all major office holders. Among the worst violators of this are people in the Federal Drug Administration, who after giving dangerous drugs their approval, are later hired by Big Pharma to join their Boards of Directors, with millions of dollars in stock options and a salary for life. Welcome to Washington.

  • @lizatanzawa7910
    @lizatanzawa7910 7 лет назад +18

    AHAHA! The look of trepidation on Janet's face right after the 'hello'!!!!

  • @jdanielcramer
    @jdanielcramer 7 лет назад +62

    With clear, predetermined trajectory, Warren has doggedly and passionately fought for the American people on this issue. She demonstrates the type of level headedness would do wonders in the crumbling White House.😻

    • @Antman4656
      @Antman4656 7 лет назад

      jdanielcramer Yeah slap them on the hand and send them away. Yes we feel like justice has been done... not. This is Bs.

  • @tinanguyen3070
    @tinanguyen3070 5 лет назад +22

    Thank you Senator Elizabeth Warren
    .

  • @joekeanetv
    @joekeanetv 7 лет назад +136

    you need a bigger stage, love ya elizabeth

    • @stevensong8784
      @stevensong8784 7 лет назад +3

      So true!!!

    • @lizatanzawa7910
      @lizatanzawa7910 7 лет назад +5

      pokepersonal She'd be a great President!---but I almost feel her enormous talents (including that swift stiletto to the bloated ego!) would be wasted there. If only we could just turn her loose to whip the moneychangers out of our economic temple.

    • @nguyenadoclap
      @nguyenadoclap 5 лет назад +4

      If American voters want a clean government, they will support the Anti-Corruption Bill introduced by Senator Elizabeth Warren.

  • @Burchris1
    @Burchris1 3 года назад +2

    Ms. Warren thank u for your service to this country

  • @jbar_85
    @jbar_85 7 лет назад +43

    Throw John Stumpf in jail already.

  • @sobrevida157
    @sobrevida157 3 года назад +7

    "Someone needs to be held accountable, and as the guys in charge here we're responsible. . . for figuring out who that is." Bojack Horseman

  • @doccarter5283
    @doccarter5283 7 лет назад +179

    Elizabeth must be pretty clever to be able to hunt corrupt corporate business owners and still retain political punch. Or she is incredibly wealthy. Either way, she is hunting the right prey.

    • @glparker001
      @glparker001 3 года назад +3

      Her Prey should include incompetent officials in Regulators too. Maybe some of them are compromised with close or advocacy relationships with the corrupt institutions.

    • @howardgofstein9694
      @howardgofstein9694 3 года назад

      she is wealthy

    • @doccarter5283
      @doccarter5283 3 года назад

      @@howardgofstein9694 Incredibly so?

    • @howardgofstein9694
      @howardgofstein9694 3 года назад +2

      @@doccarter5283 Not like she's a multimillionaire, but I know she's very well-off.

    • @doccarter5283
      @doccarter5283 3 года назад +2

      @Chris Murphy She's not that rich mate. Sorry.

  • @superspectator123
    @superspectator123 7 лет назад +34

    Ouch! Spot on.

  • @kims8317
    @kims8317 3 года назад +4

    Bravo Senator Warren! I hope lawyers in Canada are listening to what you're saying to the banks in the USA.

  • @nejjjen
    @nejjjen 7 лет назад +12

    You asked little and then commented like on a podium. Next question: So have you started the investigation? When? When will it be done.
    Ultimately Yellen is accountable so hold her accountable.
    Wish y'all would do something and get action instead of public speaking.
    What did you really accomplish here?

  • @siegeaye
    @siegeaye 4 года назад +2

    I know its “Chair Yellen” but I keep thinking that Warren is saying “Cherry Alan” lol

  • @kaushmaisuria
    @kaushmaisuria 4 года назад +13

    Did any of the executives lose their jobs over this scandal?

    • @TheMurrmursonbottle
      @TheMurrmursonbottle 3 года назад +2

      the ceo agreed to be banned from the banking industry

    • @wilfredprins9718
      @wilfredprins9718 3 года назад +1

      @@TheMurrmursonbottle so he is doing similar behavior in other industries

  • @justandhans
    @justandhans 4 года назад +1

    I took calls for Wells Fargo deposit accounts from March to April 2015. I had to encourage every customer to be transferred to see what options we have for their bank accounts. We had scripts to get you over there. I was yelled at on EVERY call about it. And had many escalations when people called about the scandal and if they would receive a settlement.

  • @stanream3957
    @stanream3957 4 года назад +2

    How much did customers loose and when do we get it back ?

  • @gshaz7
    @gshaz7 7 лет назад +23

    Got em.

  • @karonsanchez3551
    @karonsanchez3551 4 года назад +3

    You Go Ms. WARREN! You are the best!

  • @fredminpin
    @fredminpin 4 года назад +1

    There's nothing like corrupt businesses (such as account scamming banks) looking into the problem, when they're the ones getting rich, have denied wrongdoing from the start, and of course use "I can't talk about details, because..."

  • @soohuatchoo7746
    @soohuatchoo7746 3 года назад +1

    We shall have this type of check and balance system whereby Congress has different committee with knowledgeable members and the Committee can grill anybody irresponsible in Congress.
    First, we must make sure our MPs are knowledgeable but not any Tom Dick and Harry. At the same time which is much more important, we must clean up the corruptors and the culture of corruption and abuse of power.

  • @raemarie3973
    @raemarie3973 5 лет назад +1

    Why no one went to jail from WF is despicable indicating systemic irresponsibility & no accountability for violations.

  • @stanhickerson2332
    @stanhickerson2332 4 года назад +1

    How do they still have customers?

  • @cedrichartz6426
    @cedrichartz6426 3 года назад +1

    What a closing statement

  • @jeanhawken4482
    @jeanhawken4482 4 года назад +2

    What a fabulous politician . How come there are so many useless ones drawing a public wage.

  • @sharonduke5097
    @sharonduke5097 5 лет назад +2

    Go Warren, voice of truth.

  • @lisaaheanueanderson4591
    @lisaaheanueanderson4591 3 года назад

    They should All be fired and put into JAIL. it Is a Crime. PERIOD !! Maybe we should take this matter . 135 DOLLARS DON'T COVER THE HEART ACHES. Of The lose of my Marriage because of fake accounts . Now he is remarried and has another family and we were together for 11 years.

  • @tyrannicaltypomichaeltester
    @tyrannicaltypomichaeltester 4 года назад +1

    So nothing changed just a I hope you do something about this..Lol How about bringing Federal charges duh..Way too weak in these banks..We need real strong people in office This slap in the wrist craps gotta stop

  • @cherray50
    @cherray50 4 года назад

    People need to go to jail for negligence. Why is this hard to understand? Do the right thing people.

  • @elainedevilliers3080
    @elainedevilliers3080 3 года назад

    Yes

  • @normankeena
    @normankeena 7 лет назад +6

    after awhile ye just stop being shocked. It is like it all happend in slow motion in a dream. Ye meet a guy who knows a guy who knew and what could he do. Ye can name names but ye can't kick arse. The little accountant worked for a big french bank and ended up in paris finest looney bin. The online iceland bank salesman with a baby in a bubble.. It still seems all unreal

    • @normankeena
      @normankeena 7 лет назад

      Slade - Far Far Away (1974) (HD) - RUclips

  • @terrywilliams3986
    @terrywilliams3986 2 года назад

    Blue Democracy, Right Dictatorship

  • @madsmax7317
    @madsmax7317 7 лет назад +1

    I want to hear some call these thieves criminals and them face prosecution.. What is e warren doing by lecturers of their actions? The words criminal or justice or criminal prosecution or theft a part of e warrens vocab?

  • @tomweber1733
    @tomweber1733 Год назад

    God, keep this crazy lady away from any and all financial decisions

  • @kevinmacisaac4856
    @kevinmacisaac4856 Год назад

    These are all lawyer who are failing the general public.

  • @roviannematovu8136
    @roviannematovu8136 3 года назад +1

    What a great professional role model for future female attorneys. Warren didn't teach at Harvard Law School for nothing...

  • @kenevans938
    @kenevans938 3 года назад

    I had 4 new accts from Wells Fargo...6 years after I closed my only checking acct

  • @shutthedoor2052
    @shutthedoor2052 3 года назад

    i'm gonna pee my pants if this woman investigates me

  • @valeriejambrovic6542
    @valeriejambrovic6542 7 лет назад

    Someone opened 12 accounts for me ! Few months later she was fired ! For no apparent reason
    I didn't get upset with her because she told me when I came to the bank she says she would close them .

  • @sureshnishtala2887
    @sureshnishtala2887 3 года назад

    Sen warren is my hero

  • @dragunov815
    @dragunov815 Год назад

    What a surprise.

  • @trenajorgensen4309
    @trenajorgensen4309 3 года назад

    Risk management did nothing so why havent wells fargo been shut down ??

  • @glparker001
    @glparker001 3 года назад +1

    Q: What’s the difference between Wells Fargo and Ronnie Biggs.
    A: Ronnie Biggs robbed Banks. Wells Fargo Robs citizens.

  • @gregorywright9971
    @gregorywright9971 4 года назад

    My question today is why are there still Wells Fargo’s around? If they got caught why are they still around and who the fuck is still holding an account with them.

  • @tonyweiss2492
    @tonyweiss2492 4 года назад

    She won't she is payed off by CEO'S who made 200,000,000 for this scam . Here is $50,000,000 make it go away. They still pocket $150,000,000

  • @elainedevilliers3080
    @elainedevilliers3080 3 года назад

    I understand

  • @royallamoniquecosmicheavye4456
    @royallamoniquecosmicheavye4456 4 года назад +1

    Can yall fix it or it shutdown

  • @maddievega7607
    @maddievega7607 7 лет назад

    Request an amortization of your loan from your mortgage lenders and compare with your monthly principal and interest(don't include property taxes and insurance ) , you will see they don't match, that's when you know they are ripping you off.

  • @elainedevilliers3080
    @elainedevilliers3080 3 года назад

    Oh wow

  • @tbone231982
    @tbone231982 3 года назад

    She's on the same team as the big banks and hedgefunds.

  • @dorthymcbride3384
    @dorthymcbride3384 3 года назад

    Wells Fargo charged me 10dlrs a month for years when I had free checking due to my direct deposits...when I realized, i approached mgmt and was denied a refund...this is over a decade later and I still have every statement that will prove 10dlrs per month for years...who can I get in touch with cause I kept all of this info.becausr I know it was wrong but when I approach wells Fargo with evidence they denied!!! Wrong

  • @vincesacca5025
    @vincesacca5025 4 месяца назад

    How is it possible that this could go on for so long? Everyone was making big bucks, so what problem could there possibly be? If you had a small business and were working your tail off to survive like small businesses do and you in any way conducted yourself like this, they would hang you out to dry...The only reason I even waste my time commenting on this type of subterfuge going on is because this country is going the wrong way, and decent Americans have a little voice to do anything about it...And the truth is, most people reading this already know it. More than anything, the people working for the bank, got the big picture that this country serves $$$ more than anything else. And the people, all over the world got to see behind the real smoke and mirrors game. 5/24/24.

  • @maximusasauluk7359
    @maximusasauluk7359 4 года назад

    Good speech but...did anything result from it?

  • @dionnefreelance
    @dionnefreelance 2 года назад

    These folks took my name off of checks and reassigned his sister name but it is my money and corporations r not supposed to be touching people stuff.

  • @abebrown5692
    @abebrown5692 7 лет назад

    they are at it again

  • @lilWheaty123
    @lilWheaty123 7 лет назад

    One thing that should be asked of Warren... Why did her CFPB fail to protect the consumer? Seems she should be grilled about how badly she set up the CFPB.

  • @trenajorgensen4309
    @trenajorgensen4309 3 года назад

    If a ganster demands money from local business they go to jail but wells fargo excecs do same thing nobody does shit

  • @ronnysitamulaho5157
    @ronnysitamulaho5157 3 года назад

    How does EW know their jobs better than them

  • @李永浴
    @李永浴 Год назад

    China and India are looking for a profit of a dime in two dollars, and Americans are looking for a profit of two hundred thousand dollars in a million dollars??? Who has more opportunities?

  • @judgetk8327
    @judgetk8327 4 года назад +1

    You guys going to throw in a trip all expenses paid with that schooling?

  • @alphach1mp
    @alphach1mp 7 лет назад

    Is this a lecture with consequences of jail time or just a lecture where Wells Fargo walks free with their earnings with no jail time?

    • @ptdecker
      @ptdecker 7 лет назад

      alphach1mp they will walk. Nothing will be done

  • @李永浴
    @李永浴 Год назад

    What is the average annual salary of the average American? The actual figure of the general public is about 45,000 US dollars. But the British Prime Minister and the CEO of Goolge are all from the background of Indians who live on two dollars a day. Maybe life is 1 low to high, 2 oil high to low to rot...

  • @raven2034
    @raven2034 4 года назад

    i understand nothing, why did this appear in my recommendations

  • @brijukukreja7052
    @brijukukreja7052 4 года назад

    I want you to be the next Treasury Secretary

  • @l27tester
    @l27tester 6 лет назад +2

    Yellen was gutless

    • @HarbingerOfBattle
      @HarbingerOfBattle 3 года назад

      And now she’s going to be Secretary of the Treasury

  • @atomariola6410
    @atomariola6410 3 года назад

    Warren for President

  • @alannamichellepaulino8429
    @alannamichellepaulino8429 Год назад

    Todo pretamo crito monda santo domingo mundial

  • @KTSpeedruns
    @KTSpeedruns 5 лет назад

    Remove the word "Hon" on that name plate. That is undeserved.
    Yellen should have stopped at "I'm not prepared to discuss." She obviously has never had to answer serious questions to congress. Nope, she's used to lobbyists playing footsies. "I'm not prepared to discuss how we screwed up and broke the law and committed fraud, so I'll make up something that sounds like an answer." Pathetic.

  • @ronniedelahoussayechauvin6717
    @ronniedelahoussayechauvin6717 Год назад

    Major Fraud!

  • @howardgofstein9694
    @howardgofstein9694 2 года назад

    who cares about the 'root causes?'

  • @IVANGEMINOV-hr1cz
    @IVANGEMINOV-hr1cz 11 месяцев назад

    THE DETROIT LIONS GO THE REST OF THF SEASON UNDEFFATED WIN DIVISION AND SUPERBOWL

  • @hazelmcfadden9367
    @hazelmcfadden9367 2 года назад

    Elizabeth Warren Charles ever make that no father or Marine he's from England and for McFadden come from England that's right our friend that's right a great great grandparents Ethel McFadden we have a museum in Port Arthur go to Texas the warhouse McFadden museum that's right Reginald McFadden and all that pulled off it is our family museum Ethel McFadden is from England ask Queen Elizabeth 1888 our mother was born in Richmond Virginia Charles ever McFadden married to New York City and had 12 children

  • @sobrevida157
    @sobrevida157 3 года назад

    Aren't all banks chartered by the federal government? Couldn't they just take away their charter?

  • @李永浴
    @李永浴 Год назад

    葉倫嬤嬤 您應該多多運動 都雇用改寫規則的參謀 改寫規則的人獨贏1. Don’t read the law department. Talking about the law department means failure. The law department defeats a person, but there are hundreds or thousands of people behind it who are unhappy. The law department is not suitable for doing business. 2 Boys’ desire and impulse for the opposite sex in adolescence, who can come up with commandments and control methods? The soft message and the media are wrong perceptions of women...

  • @frankm1424
    @frankm1424 3 года назад

    ELIZABETH FOR PREZ. GO AFTER ALL OF THIS HUMAN SLIME

    • @MarchOnRome
      @MarchOnRome 3 года назад

      You realize this is who Biden appointed to be in charge of the federal reserve?

  • @MrHandpipeman1
    @MrHandpipeman1 7 лет назад

    She doesn't call anyone criminals. Doesn't ask why nobody is in jail. I don't see what is so great about what she did here. Warren says "I know you care about this issue"... NO SHE DOESN'T. Did Warren not hear the spin coming out of the ladies mouth?

    • @wmurray003
      @wmurray003 7 лет назад

      She does, she simply has an eloquent way of doing it. You are just too dense to see thorough the thin veil.

  • @sukmaidack
    @sukmaidack 6 лет назад +1

    When Elizanbeth Warren's starts to question her own entitlement and tenure is when the rest of us reasonable people call her out on her bullshit.

  • @lavery0365
    @lavery0365 5 лет назад

    Another investigation? Ma'am the fact that you're here today to speak for the fake accounts which occurred under those directors should be justification enough wouldn't you think? I wish the system gave the little man the same benefit of the doubt, instead when he or she jacks up the punishment is swift and often leads to them being escorted off the property, such !@#$%ing HYPOCRITES.

  • @Tisbutascratch1
    @Tisbutascratch1 7 лет назад

    Buy Bitcoin

    • @w.s8676
      @w.s8676 4 года назад

      Lol....yeah...NO

  • @mollybird1184
    @mollybird1184 7 лет назад +2

    Shiva 4 Senate !!!!

  • @grahamherbert3612
    @grahamherbert3612 2 года назад

    I hear a lot of people would vote for this Warren dude, If he'd fully transitioned.

  • @youwish2haha
    @youwish2haha 3 года назад

    Warren: “Director Yellen, I’m calling FUCKING BULLSHIT ON AAAAAALLLLL of you.”
    (How it should have gone.)

  • @terrellmurrell1732
    @terrellmurrell1732 2 года назад

    EVER DAY I CLOCKED IN THROW SOME MO GENERAL GOVERNMENT JURISDICTIONS JURISDICAL MMG WENT I FOLLOW YOU ON RUclips

  • @ericklein3960
    @ericklein3960 7 лет назад +32

    2 million fake accounts, i did not know the scope was that big

    • @gusdupree9076
      @gusdupree9076 7 лет назад +4

      Eric Klein it was in the news for weeks, to bad ppl don't read the paper, or watch the nightly news

    • @ericklein3960
      @ericklein3960 7 лет назад +1

      this was from over 2 months ago, what was the need to comment for?

    • @MrHandpipeman1
      @MrHandpipeman1 7 лет назад +5

      Eric Klein 3.5 million now and counting

    • @codacreator6162
      @codacreator6162 7 лет назад +4

      Eric Klein it's a lot worse than has been reported. And a lot more people hurt who refused to go along and were "managed out of their jobs.

  • @edwina.ondatje3133
    @edwina.ondatje3133 7 лет назад +200

    Warren is my hero! This woman has more balls than all of her male associates put together. Fearless!

    • @nguyenadoclap
      @nguyenadoclap 5 лет назад +6

      If American voters want a clean government, they will support the Anti-Corruption Bill introduced by Senator Elizabeth Warren.

    • @CG_VON
      @CG_VON 5 лет назад +1

      I really disagree

    • @fluffypaws6953
      @fluffypaws6953 5 лет назад +8

      I hope she is our next President 😁👍🇺🇸

    • @Blaze6432
      @Blaze6432 4 года назад +2

      I guess a woman needs male genitalia to be considered strong. I guess she can't be considered strong on her own merit.

    • @terminator23destroyer15
      @terminator23destroyer15 3 года назад +2

      You forgot Bernie Sanders

  • @maggazilla
    @maggazilla 7 лет назад +171

    We need to start throwing bankers and other finacial crooks in jail.

    • @markfcoble
      @markfcoble 7 лет назад +3

      magnus pettersen Sorry, they rule America. Ha ha ha ha.

    • @stephenhathaway269
      @stephenhathaway269 7 лет назад

      magnus pettersen no shit?

    • @richfurber958
      @richfurber958 7 лет назад

      No chance.

    • @stolly27
      @stolly27 7 лет назад +3

      when there is a war then they are free game

    • @stolly27
      @stolly27 7 лет назад +3

      shift them out to the front lines

  • @voraxledur
    @voraxledur 7 лет назад +44

    She clearly knows what she's doing so I wonder why she won't run to become President?

    • @anhkhoaken
      @anhkhoaken 7 лет назад +5

      Vorax Le Dur because America big business won’t let that happen

    • @jare3959
      @jare3959 7 лет назад +5

      The US need people like her in congress.

    • @gocelinedion
      @gocelinedion 5 лет назад +5

      Well she is now

    • @ozc804
      @ozc804 5 лет назад +2

      I would vote for her immediately , "CRAZY SHIT , WITH A BIG CAPITAL C !!!"

    • @rgood1591
      @rgood1591 5 лет назад +2

      @@ozc804 she's a little bulldog that won't let go and w brains to top it off. She cares!

  • @warrenjohns3194
    @warrenjohns3194 3 года назад +6

    this is absurd. how did yellen beat out warren for treasury sec. oh...capitalism wins over common sense again.

  • @arivledaba2376
    @arivledaba2376 6 лет назад +17

    The world needs people like you Senator Warren...Salute to you Maam...

  • @eskimoglenn
    @eskimoglenn 5 лет назад +4

    Just dont bank with Wells Fargo.Then they will go bust. Simples.

  • @James-wb2qs
    @James-wb2qs 4 года назад +6

    She is a good talker but nothing will change still getting away with it that's a FACT

  • @momojarwan1641
    @momojarwan1641 7 лет назад +4

    Warren: "Can you explain to me how the Wells board can possibly have satisfied its obligation under the feds risk management regulation"
    Yellen: "Heeeeeeeeeeeey yoooouuu guuuuuys!! chocolate!!"

  • @-----Disciple-----------
    @-----Disciple----------- 2 года назад +3

    "Fines are not working with these giant financial institutions." When the 'fine' is 1/4 - 1/3 of the profit, it makes the fine worth it.

  • @DanielLDees
    @DanielLDees 5 лет назад +5

    Warren in 2020!

  • @RPete100
    @RPete100 4 года назад +5

    Yellen was a puppet. She said no solution and added no value. She's worthless with her power. Glad she's gone.

  • @franknemdharie5571
    @franknemdharie5571 7 лет назад +4

    All this shit and no one goes to jail, only in america

    • @Celisar1
      @Celisar1 7 лет назад

      Frank Nemdharie
      No, same everywhere and worldwide.
      Believe me ;)

  • @PaulWintz
    @PaulWintz 5 лет назад +10

    What did Janet Yellen decide to do after this hearing?

    • @wdhyrhrj4414
      @wdhyrhrj4414 3 года назад +2

      Become a secretary of treasury

  • @Nate-sn6ff
    @Nate-sn6ff 4 года назад +3

    Wow!! Corruption everywhere

  • @CG_VON
    @CG_VON 5 лет назад +2

    How could the funds remove board members of a for-profit company? That should be pressure place on shareholders to remove the board members and elect new members.

  • @prp134
    @prp134 3 года назад +1

    Well clearly she didn’t.

  • @ninajohnson2295
    @ninajohnson2295 4 года назад +6

    Mrs. Warren come prepared every time. No stupidity on her behalf. I'm proud of her, the work she's doing. Take care Mrs. Warren.