, Columnist
Elizabeth Warren Versus the Think Tanks
Massachusetts Senator Elizabeth Warren has never been reluctant to take challenge the rich, the powerful or those who've avoided being held accountable for their role in the financial crisis.
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Whatever else you might say about Massachusetts Senator Elizabeth Warren, she has never been reluctant to take on the rich, the powerful or those who've avoided being held accountable for their role in the financial crisis. The latest example: a letter she sent this week to the heads of the six major too-big-to-fail banks asking them to disclose how much they give to think tanks.
This is all fine and dandy, though no one should have very high expectations that the banks will voluntarily offer a tally of the money they give to research organizations. That's why Warren should go all-out and press for rule changes so that think tanks disclose how for-profit companies use their checkbooks to influence public policy.