Instead, she ran for Congress in 2018, winning a Republican seat and joining the "blue wave" of the Democrats who took over the house.
Her goals have so far included major Wall Street players such as JPMorgan Chase's Chief Executive Officer Jamie Dimon, Equifax CEO Mark Begor and Wells Fargo's current Managing Director Tim Sloan. she called me a few weeks after I came here – and talking to her and saying, "I do not think I have found my voice," Porter told CNN in an interview this week at Capitol Hill's office. "And in a few weeks she called me when Tim Sloane testified and retired, and she was like," So he found his voice! " She was so happy. "
Warren's spokesman did not respond to a request for a comment.
When her turn came, Porter began to ask why the public had to trust Sloane's promises that Wells Fargo changed its ways. Then he leaned under the table to take out a poster board printed with huge text, showing what the lawyers of Wells Fargo had said in court.
"Why, Mr. Sloane, if you do not mind, ask your lawyers, the Federal Court claims that these exact statements I have read are quoted" paradigmatic examples of corporate scammers who can not be appealed to could not rely on a trustworthy investor, "she said," I do not know why our lawyers claim that Porter continued. "
" It is convenient for your lawyers to divert the charge to court and to say that your rebranding campaign may be overlooked as hyperbolic marketing, but when it comes in Congress, you want to take your word, "she said. "And I think this is disunity, so the American public has problems with the trust of Wells Fargo."
She did not do maths even after as Porter repeated the question and asked her to make a calculation.
"I understand where you are, and at the end of the day, the question is, surely: when you can actually pay off this loan and you will get an extra loan," said Kraninger.
"It's not an exercise in mathematics, it's a political conversation," she added. 19659014] This week at her office, Porter said he hopes the video will make people think of the problem. "What does it mean that APR calculation is so difficult that most of us can not do? I guess that means that those revelations that make it to you are very helpful," he said In June, Porter asked Hossin and City Development Secretary Ben Carson why the Federal Housing Administration was "disgusting in servicing mortgages." When Carson said he had no discussions on the subject but that "he would look at him, "Porter walked forward and asked him to explain the degree of foreclosure among those with mortgages backed by its department.It uses the term REO, which is owned by real estate, and refers to property owned by a creditor after an unsuccessful closure – an abbreviation that she did not expect to affect the head of the agency charged with their monitoring "Do you know what the RAO is?" Carson asked, "Carson said," One of the Oreo? "" No, it's not Oreo, "Porter said, the video of the exchange becoming viral, and Carson tried to laugh by sending the congressional box with cookies. Porter says her goal is not to emphasize incompetence, but instead to make esoteric topics more accessible – as he did in the consumer finance law classes he teaches at the University of California at Irvine.
as a professor is not so different from what I do during the hearings, "Porter said this week.
The average voter may not be able to express his position on the loans for a payday, she said, "but when you start talking about this hypothetical exchange I had with Kraninger, people began to commit themselves."  Like Warren, she believes that debates about defending the ability to make a living, buying a home, and allowing college are really talks about America's "heart and soul." Her feedback to Deimann, she said, was about to highlight the issue of the disparities in principal payments Porter searched for a hypothetical budget for the bank employee, this time with a whiteboard