Elizabeth Warren moves to crush financial freedom critics say Democrats put big banks over Americans

Elizabeth Warren is at it again—playing judge, jury, and executioner over America’s financial freedom. Her latest scheme? She wants to block a fintech lender from getting a crucial banking charter, all because she doesn’t trust everyday Americans to make their own choices with their own money. Sounds about right for the Democratic Party—more government, less freedom.

With D.C. liberals, it’s always the same story. They scream about “big banks” and “Wall Street greed,” but when a new player tries to enter the game and serve hardworking folks who might not have perfect credit, suddenly, Democrats want to slam the door. Who are they really trying to protect? The little guy? Or their pals in the big banks and their army of Washington lobbyists?

Fintech lenders, especially those offering short-term or so-called “payday” loans, step in when traditional banks turn their noses up at millions of Americans with less-than-ideal credit. But instead of letting the free market work, Warren and her allies want to use federal power to cripple these lenders, claiming it’s all for the sake of “protecting” us poor rubes from ourselves. Funny how liberals never think adults can make informed decisions—unless it helps their own power.

Here’s the real kicker: politicians like Warren love to jabber about fairness and opportunity, but their heavy-handed tactics make life harder for people who need choices the most. If you’ve got bills to pay and can’t get a loan from the fancy banks, what option do they leave you with? Nothing, except more bureaucracy and government handouts. It’s almost as if they want people stuck, dependent on Washington for every little thing.

Maybe Warren should remember that in America, financial freedom is a right—not a privilege for elites or those who pass a liberal purity test. Is she fighting for the American dream, or just for more control from her corner office in D.C.? Only a true Beltway insider could call blocking competition “progress.” If this is what Democrats mean by “helping,” no thanks.

Source: Redstate