Warren Book Hits Republicans While Going Easy on Clinton

U.S. Senator Elizabeth Warren accuses former Treasury Secretary Hank Paulson of lying to the American people and recounts Larry Summers urging her to be an insider in her new book, “A Fighting Chance.”

Paulson, she says in the book released today, sold the $700 billion Troubled Asset Relief Program to the public as a “near par” transaction in which taxpayers would receive assets that were roughly equal to their investment. Though, she writes, in her capacity as a member of a congressional oversight panel for the program, she commissioned a report that found the Treasury was receiving 66 cents on the dollar.