QUORUMCALL//GPT:
Senator Elizabeth Warren questioned the Biden administration’s nominee for Treasury Department Under Secretary for Domestic Finance, Nellie Liang, during a Senate Banking Committee hearing.
PROBING QUESTIONS
* Warren asked Liang about the most critical challenges facing the Treasury Department. Liang highlighted that the department must ensure the stability of the financial system while making it fairer and more inclusive. She also emphasized the need to manage public debt responsibly.
WARREN’S CONCERNS
* Warren expressed her concern about the concentration of power in finance, which she believes leads to higher costs for families and small businesses, and poses risks to financial stability.
TOPICS COVERED
#TreasuryDepartment #Finance #PublicDebt
The source is a video from MSN Money. The short clip does not provide a detailed context for the conversation but focuses on the exchange between Warren and Liang.