U.S. Senate Committee on Banking, Housing, and Urban Affairs
03/26/2026 | Press release | Distributed by Public on 03/26/2026 18:02
Warren Statement on Trump Financial Regulators' Giveaway to Morgan Stanley
March 26, 2026
Previous ArticleWarren Statement on Trump Financial Regulators' Giveaway to Morgan Stanley
Washington, D.C. - Today, U.S. Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, issued a statement on today's announcement from the Federal Reserve, Federal Deposit Insurance Corporation, and Office of the Comptroller of the Currency:
"President Trump's financial regulators just gave Morgan Stanley permission to use taxpayer insured deposits to fund risky European trading activities. While American families are struggling to afford groceries, gas, and health care, Trump is subsidizing Wall Street's foreign activities and importing their risk. He is tearing up Wall Street guardrails dating back to the Great Depression. So much for America First, this is Trump's Wall Street First policy."
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