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Letters: Sen. Warren speaks up
Re "Warren upends bankers, tradition," May 11 As the newest member of the Senate Banking Committee, Sen. Elizabeth Warren (D-Mass.) is a breath of fresh air. Finally, there's a voice in Washington for the people and a staunch advocate for consumers....Tags: Federal Reserve, Ben Bernanke, U.S. Senate Committee on Banking, Housing, and Urban Affairs
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US senator: Show me the economic analysis on settlements vs trials
ReutersBy Sarah N. Lynch WASHINGTON, May 14 (Reuters) - A U.S. senator who has criticized Wall Street is asking federal regulators and law enforcement officials whether they have the economic analysis to back up their routine practice of letting big banks...Tags: Office of the Comptroller of the Currency, Federal Reserve, Crime, Law and Justice, Justice System, U.S. Securities and Exchange Commission
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Senator Warren wants bank settlements to be justified
ReutersWASHINGTON (Reuters) - An outspoken freshman senator with a record of taking on Wall Street wants financial regulators and federal prosecutors to provide an economic justification for allowing big banks to settle investigations without admitting any...Tags: Office of the Comptroller of the Currency, Federal Reserve, Crime, Law and Justice, Justice System, U.S. Securities and Exchange Commission
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Sen. Warren goads Fed, SEC, DOJ to explain no-fault bank deals
Sen. Elizabeth Warren, having chastised bank regulators for failing to put Wall Street giants on trial, is demanding to see any analyses that the U.S. Department of Justice, the Federal Reserve and the Securities and Exchange Commission have conducted...Tags: U.S. Department of the Treasury, Business Institutions, HSBC Holdings plc, Office of the Comptroller of the Currency, Federal Reserve
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Freshman senator with senior pluck takes on the financial industry
WASHINGTON — Sen. Elizabeth Warren, the newest member of the Senate Banking Committee, waited patiently for her first chance to question top financial regulators at a recent hearing on Capitol Hill. When her turn finally came after 90 minutes,...
Tags: Politics, Fannie Mae, $700 Billion Bank Bailout (2008), Financial and Business Services, Consumers
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Sen. Elizabeth Warren wants student loans to get Fed discount rate
WASHINGTON -- Students taking out government loans to help pay for college should pay the same rock-bottom interest rate that the Federal Reserve charges big banks, Sen. Elizabeth Warren (D-Mass.) proposed Wednesday. With the interest rate on federal...
Tags: Economy, Business and Finance, Federal Reserve, Occupy Wall Street, Finance, Money and Monetary Policy
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Higher Minimum Is No Threat To Businesses, Jobs
The Hartford CourantAlthough decades of research indicate that raising the minimum wage does not adversely affect employment, this untrue claim is recycled whenever the Connecticut General Assembly considers providing working people with a small wage increase. Businesses...Tags: Executive Branch, Politics, Layoffs and Downsizing, Lifestyle and Leisure, Government
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Obama nominates Rep. Mel Watt to head Housing Finance Agency
WASHINGTON — President Obama nominated Democratic Rep. Mel Watt to be the top regulator for Fannie Mae and Freddie Mac, moving to replace a career bureaucrat who has been sharply criticized by liberals for not doing more to help troubled homeowners....
Tags: Bob Corker, Politics, Fannie Mae, Mortgages, Freddie Mac
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Obama to nominate Democratic Rep. Mel Watt to head housing agency
WASHINGTON -- President Obama will nominate Democratic Rep. Mel Watt to head the federal housing agency that oversees taxpayer-owned Fannie Mae and Freddie Mac, a White House official said Wednesday. Watt, an 11-term congressman from North Carolina,...
Tags: Bob Corker, Politics, Fannie Mae, Freddie Mac, Barack Obama
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Massachusetts Senate race pits Democrat Markey vs. Republican Gomez
This post has been updated, as indicated below.WASHINGTON – The race to replace John F. Kerry in the U.S. Senate will offer Massachusetts voters a familiar choice: a longtime Democratic officeholder against a fresh-faced Republican. Democratic Rep. Edward J. Markey and Republican businessman...Tags: Politics, Reince Priebus, The Boston Globe, Barack Obama, U.S. Senate
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Lawmakers urge U.S. SEC to bar forced Wall Street arbitration
ReutersBy Sarah N. Lynch WASHINGTON, April 30 (Reuters) - A group of 37 federal lawmakers urged U.S. securities regulators to prohibit Wall Street brokers from forcing customers to sign away their legal right to sue. "If arbitration offers investors an...Tags: Securities, Politics, Arbitration, Parties and Movements, Crime, Law and Justice
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Republicans intensify pressure to limit powers of consumer agency
WASHINGTON — Republicans have stepped up their pressure to limit the wide-ranging powers of the nation's watchdog over consumers' money matters. The head of a key House committee overseeing the Consumer Financial Protection Bureau said he would no...
Tags: Maxine Waters, Politics, Jeb Hensarling, Barack Obama, Financial and Business Services
May 15, 2013
|Story| Los Angeles Times
May 14, 2013
|Story| Reuters
May 14, 2013
|Story| Reuters
May 14, 2013
|Story| Los Angeles Times
May 10, 2013
|Story| Los Angeles Times
May 8, 2013
|Story| Los Angeles Times
May 3, 2013
|Story| Hartford Courant
May 2, 2013
|Story| Los Angeles Times
May 1, 2013
|Story| Los Angeles Times
Apr 30, 2013
|Story| Los Angeles Times
Apr 30, 2013
|Story| Reuters
Apr 23, 2013
|Story| Los Angeles Times
Original site for Elizabeth Warren topic gallery.