Elizabeth Warren, the senator from Massachusetts and Great Liberal Hope, had her first hearing yesterday as a member of the Senate Banking, Housing and Urban Affairs Committee. How'd it go? Great for Warren; less so for the regulators of whom she was asking questions:


"We do not have to bring people to trial," Thomas Curry, head of the Office of the Comptroller of the Currency, assured Warren, declaring that his agency had secured a large number of "consent orders," or settlements. [...]


"Piercing questions," it goes without saying, isn't the same thing as "material reform," but smart representatives of reform ideas can get those ideas a wider audience and firmer base of support, especially when it makes for great video. Plus, you know, schadenfreude.

[Huffington Post]