Elizabeth Warren: Americans don't need cliché financial advice. They just need to be paid more - News Summed Up

Elizabeth Warren: Americans don't need cliché financial advice. They just need to be paid more


Elizabeth Warren is the senior senator from Massachusetts and a Democratic presidential candidate. Chase Bank fired off a tweet last week staging a hypothetical conversation between one of its customers and her bank account. "I guess we'll never know," she says, brushing off her low balance and the bank's "advice" on how to manage her money. For 50 years, the price of housing, education and child care has skyrocketed while wages for most workers have barely budged . The gap between incomes and costs is so gaping that 40% of Americans can't come up with $400 in an emergency.


Source: CNN May 09, 2019 14:26 UTC



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