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Aaron Klein
@Aarondklein
Senior Fellow @brookingsecon Former @USTreasury @BPC_bipartisan @SenateBanking. Love Maryland. Ban Russia. Like to sneak song lyrics.
Silver Spring, MD
brookings.edu/experts/aaron-…
Joined January 2014
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  • Pinned
    user avatar
    Aaron Klein
    @Aarondklein
    Jul 24, 2019
    By mandating real-time payments new legislation by @ChrisVanHollen @SenWarren @RepPressley will make it less expensive to be poor, saving Americansn who live paycheck to paycheck billions in overdrafts, payday loans, check cashing, late fees, interest.
  • user avatar
    Aaron Klein
    @Aarondklein
    Oct 30, 2025
    Remember when we bailed out Silicon Valley Bank to protect VC billionaires from losing money at their bank to help “small business”
    user avatar
    More Perfect Union
    @MorePerfectUS
    Oct 29, 2025
    Over the past 5 years the wealth held by the top 0.1% has nearly doubled from $12 trillion to over $23 trillion.
    19K
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    Aaron Klein
    @Aarondklein
    Jun 6, 2020
    American police killed 1,042 people in the past year. In Japan, the cops killed nobody. In the United Kingdom, just three people died during encounters with cops.
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    Aaron Klein
    @Aarondklein
    Mar 21, 2020
    Harvard had a $39 Billion endowment that is allowed to keep almost all interest on a tax free basis while donations receive tax-deduction status.
  • user avatar
    Aaron Klein
    @Aarondklein
    Apr 8, 2021
    Best birthday desert ever!
  • user avatar
    Aaron Klein
    @Aarondklein
    Apr 10, 2023
    Unlimited deposit insurance is regressive economics and a betrayal of the New Deal’s core principle: government is there to protect ordinary Americans not the wealthy. My latest in today’s @WSJ
    Why FDR Limited FDIC Coverage
    Opinion | Why FDR Limited FDIC Coverage
    From wsj.com
    62K
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    Aaron Klein
    @Aarondklein
    Oct 25, 2017
    Deficits of this size with 4% unemployment and insufficient #infrastructure investment, yet people are talking tax cuts?
    user avatar
    Real Time Economics
    @WSJecon
    Oct 25, 2017
    U.S. ran $666 billion deficit in fiscal 2017, the sixth highest on record, Treasury says on.wsj.com/2i3PmaJ
  • user avatar
    Aaron Klein
    @Aarondklein
    Dec 18, 2024
    Unpopular take: Members of Congress make multi-trillion dollar decisions for the American people. Paying them a lot more would increase member quality and reduce corruption to generate substantial net savings for taxpayers.
    user avatar
    Manu Raju
    @mkraju
    Dec 18, 2024
    Congressional leaders included language in the year-end spending package to give lawmakers their first pay hike since 2009. Asked Dick Durbin if members deserve a raise. He suggested they are due for a raise.
    00:00
    20K
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    Aaron Klein
    @Aarondklein
    Nov 29, 2017
    You’re not going to believe this but when #CFPB Director Cordray was nominated by President Obama, he was confirmed by the Senate on a bipartisan basis with 66 votes. brookings.edu/blog/up-front/…
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    Byron York
    @ByronYork
    Nov 28, 2017
    You're not going to believe this, but when Obama (unconstitutionally) appointed Richard Cordray as CFPB director, Rep. Lowey cheered. Signed letter: 'We are writing to thank you for taking the decisive action to appoint Richard Cordray...'
    Why the CFPB showdown threatens the independence of financial regulators | Brookings
    From brookings.edu
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    Aaron Klein
    @Aarondklein
    Apr 8, 2023
    I did wake up dying to be asked what the real story of how the FDIC deposit insurance cap was raised to $250K. Thank you @NPR @planetmoney for asking. Now the world knows.
    Your banking questions, answered
    podcasts.apple.com
    Your banking questions, answered
    Podcast Episode · Planet Money · April 8, 2023 · 27m
    28K
  • user avatar
    Aaron Klein
    @Aarondklein
    Mar 11, 2025
    Musk’s @DOGE cancels healthy, made in America food from local farm for children. How is this #MAHA?
    user avatar
    POLITICO
    @politico
    Mar 11, 2025
    USDA cancels $1B in local food purchasing for schools, food banks ow.ly/jJh610625C6
    13K
  • user avatar
    Aaron Klein
    @Aarondklein
    Nov 5, 2020
    Counting 150 + million votes is almost taking as long as depositing a check.
  • user avatar
    Aaron Klein
    @Aarondklein
    Jun 23, 2023
    Bailing out VC and Big Tech. Identities of the 10 large companies who got hundreds of millions to billions of taxpayer bailouts when SVB failed. Kanzhun is a Chinese tech firm. Marqeta is a FinTech. IntraFi is supposed to keep customer funds fully insured — that’s intriguing.
    user avatar
    Joe Weisenthal
    @TheStalwart
    Jun 23, 2023
    WHOA. The FDIC accidentally posted an un-redacted document showing that the big VC firm Sequoia had $1 billion on deposit at SVB when it collapsed bloomberg.com/news/articles/…
    17K
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    Aaron Klein
    @Aarondklein
    Mar 20, 2023
    When it comes to government support everyone wants to be systemically important. When it comes to government regulation no one says they are systemically important.
    A large round government logo on the ground in front of a stately building
    Midsize banks want unlimited FDIC insurance for 2 years
    From axios.com
    15K