Warren Says Critics Wrong That She Sees Dodd-Frank as Grail

U.S. Senator Elizabeth Warren said she is open to easing financial regulations to help community banks and consumers, so long as the changes aren’t veiled efforts to help Wall Street unwind the Dodd-Frank Act.

Warren, who has emerged as a scourge of big banks during her first term in Congress, said it is a mis-characterization of her views to suggest she sees the 2010 law as a “holy grail” that shouldn’t be touched. At the same time, she said lawmakers should be wary of bills being touted as aid for smaller firms.