Sen. Elizabeth WarrenElizabeth Warren11 senators urge House to pass .5T package before infrastructure bill Senate Democrats seeking information from SPACs, questioning 'misaligned incentives' UN secretary-general blasts space tourism MORE (D-Mass.) trolled Chase Bank after the bank's attempt at sharing personal finance advice on Twitter was met with backlash.
Chase's original tweet, which has since been deleted, was criticized for appearing to mock people for spending money on things like coffee, food and taxis.
“You: why is my balance so low. Bank account: make coffee at home. Bank account: eat the food that’s already in the fridge. Bank account: you don’t need a cab, it’s only three blocks. You: guess we’ll never know. Bank account: seriously? #MondayMotivation,” Chase wrote in the tweet, which was later deleted.
love when institutions that caused a global financial meltdown tell me poverty isn’t structural but actually about personal responsibility. pic.twitter.com/fglMfVFzH6— hasanabi (@hasanthehun) April 29, 2019
In response, Warren sent a tweet mocking Chase in part by pointing out that the bank received a bailout after the financial crash.
".@Chase: why aren’t customers saving money? Taxpayers: we lost our jobs/homes/savings but gave you a $25b bailout. Workers: employers don’t pay living wages. Economists: rising costs + stagnant wages = 0 savings. Chase: guess we’ll never know. Everyone: seriously? #MoneyMotivation," Warren tweeted.
.@Chase: why aren’t customers saving money?— Elizabeth Warren (@SenWarren) April 29, 2019
Taxpayers: we lost our jobs/homes/savings but gave you a $25b bailout
Workers: employers don’t pay living wages
Economists: rising costs + stagnant wages = 0 savings
Chase: guess we’ll never know
Rep. Katie Porter (D-Calif.) also criticized Chase over the tweet, suggesting that the bank "try paying your workers more."
"Hey @Chase, try paying your workers more. Families aren’t spending frivolously; they’re trying to pay rent," Porter wrote.
Chase said in a later tweet that it would work "to get better at #MondayMotivation tweets."
"Thanks for the feedback Twitter world," the bank added.