Sen. Elizabeth Warren
On Democratic presidential candidate Sen. Elizabeth Warren calling for restrictions on senior government officials who later accept related roles at big corporations:

"The main reason former government employees are recruited by the private sector is because they understand the byzantine laws and regulations that govern the particular industry . . . Enough with the scare tactics and that the system is rigged narrative. "

Related: Warren singles out U.S. officials for moving to C-suite jobs
An attendee looks at a mobile phone while walking under a Facebook logo in the demonstration room during the F8 Developers Conference in San Jose, California, on April 30, 2019.
Another reader reacts to Warren's plan to restrict and fine senior government officials who eventually take on similar roles at big companies like Facebook and Wells Fargo:

"Isn’t this just swell. Socialists like Sanders and Warren . . . want to either restrict others from leveraging their experience to their financial benefit or, worse, take away from us what wealth we do accumulate via a confiscatory tax."

Related: Warren singles out U.S. officials for moving to C-suite jobs
Mark Zuckerberg
On criticisms about Facebook CEO Mark Zuckerberg's testimony before Congress, as he was expected to defend the social media giant's planned crypto, Libra:

"Don't believe the hype, lots of holes in the libra story." PERSONTK, via Twitter

Related: Don’t buy what Zuckerberg’s selling on Libra
Fed Chairman Jerome Powell
On a community banker pleading with policymakers not to restrict the Federal Reserve from launching its real-time payments system, FedNow:

"Thank you. Well said!"

Related: Payments system and community banks need FedNow
On federal regulators proposing to eliminate the initial margin requirement for certain derivatives trading:

"This deregulatory gift is worth $40 billion to Wall Street’s largest banks. The 5 largest U.S. banks alone conduct 90% of domestic derivatives dealing and would benefit the most." Better Markets, via Twitter

Related: Don’t mess with rules curbing derivatives risk