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The Latest Breaking News from Elizabeth Warren

Senior US politicians demand investigation into PGA Tour-LIV Golf deal

United States senators Elizabeth Warren and Ron Wyden have asked the US Justice Department (DOJ) to open an anti-trust investigation into the planned deal between the PGA Tour and LIV Golf, saying they believe it would result in a monopoly over professional golf operations.

Evening Standard

Elizabeth Warren says in letter to DOJ that Binance apparently gave Congress 'false and misleading information'

Warren and another Democratic senator sent a letter to Attorney General Merrick Garland on Wednesday.

Fortune

Twitter had a bad case of the Mondays

Elon Musk is now ex-CEO as Twitter’s child abuse problem revealed, ad sales plummet and senators launch inquiry

Salon

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Is Digital World Acquisition (DWAC) a Winner?

Shares of special purpose acquisition company Digital World (DWAC) have plummeted more than 70% over the past year. The stock has been on a downtrend since news of the merger with Donald Trump’s media company broke in 2021, with federal investigations delaying the deal’s closing. So, following Trump’s recent indictment,…

StockNews.com

Does announcing for president on Twitter prove Ron DeSantis is too online?

WASHINGTON — Florida Gov. Ron DeSantis' presidential announcement Wednesday — a glitchy live broadcast on Twitter — was the latest example of the Republican candidate's all-out effort to court his party's most online activists.

Los Angeles Times

Sen. Elizabeth Warren Advises FCC to Keep Vetting Standard General-Tegna

Massachusetts Democrat signals that the public interest demands no less

Broadcasting & Cable

Democrats to urge Biden to use 14th amendment powers to avert ‘global economic catastrophe’

Senators including Elizabeth Warren and Bernie Sanders argue in letter that Republicans are not negotiating ‘in good faith’

The Guardian - US

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CEO pay again in focus as the heads of failed banks appear before Senate panel

The recent failures of a trio of midsize banks has once again raised questions on whether executive compensation is tilted toward short-term gains rather than companies' long-term health

The Independent UK

Bipartisan interest in new deposit insurance cap, but for whom? - Roll Call

Lawmakers are talking about raising the deposit insurance cap, but don't have consensus about how to do it.

Roll Call

Berkeley professor apologizes for false Indigenous identity

An anthropology professor at the University of California, Berkeley, whose identity as Native American had been questioned for years has apologized for falsely identifying as Indigenous, saying she is “a white person” who lived an identity based on family lore

The Independent UK

Short Circuit: A Roundup of Recent Federal Court Decisions

Amazon's algorithm, involuntary commitment, and anti-malaria medicine.

Reason

Elizabeth Warren says U.S. taxpayers will have to foot the bill if JPMorgan ‘stumbles’ after First Republic buyout

The Democratic senator raised concerns about the deal reigniting the “too big to fail” problem.

Fortune

First Republic Bank collapses, seized

"Ultimately taxpayers will be on the hook," Sen. Elizabeth Warren warned

Salon

US nuclear weapons modernization plan spurs cost questions

The U.S. agency that oversees the nation's nuclear arsenal is moving ahead with plans to modernize production of key components that trigger the weapons

The Independent UK

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Roll Call

Warren: Hundreds of former feds working for defense corporations - Roll Call

Nearly 700 former top federal civilian officials, generals and admirals now work for major defense contractors, according to a Senate report.

The Guardian - US

Ron DeSantis is flaming out – and Trump is on course for a Republican coronation

The Florida governor’s flaws are glaringly apparent. Right now, it’s hard to see the nominee as anyone other than Trump

Salon

Kevin McCarthy sucks up to Wall Street

"Republicans' budget cuts could throw 720,000 to over 2.5 million Americans out of work," Elizabeth Warren warns

The Conversation

5 policies that could make future bank failures less likely or severe

The abrupt failures of Silicon Valley Bank and Signature Bank and subsequent concerns about the stability of other banks have reignited a fierce debate among lawmakers, the financial industry, the Biden administration and former government officials about an array of banking reforms and regulatory changes.

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Reason

Wealth Taxes Won't Work

It's neither a new idea nor a good one.

The Independent UK

How some WH hopefuls inflate their fundraising success

Long before ballots are tallied and reliable polls are conducted, one of the earliest ways to gauge the popularity of presidential candidates is with dollars

Salon

The centrist plan to sabotage Biden

Centrist groups like No Label seek to undermine President Biden's re-election. Do they secretly want Donald Trump?

The Independent UK

Progressives focus on local-level wins to counter setbacks

For many progressives, the past decade has been littered with disappointments

Reason

Elizabeth Warren Wants the Government To Save Batgirl

Companies make decisions all the time, some of them regrettable and unfortunate, that shouldn't be any of the government's business.

Fortune

Jeremy Grantham says Warren Buffett’s favorite corporate tactic facilitates ‘stock manipulation’ and hurts the economy

Warren Buffett called critics of stock buybacks "illiterate" in his annual shareholder letter. But now he's facing a new critic who is anything but: hedge funder Jeremy Grantham.

Fortune

What to know about using a Medicare broker to find the best coverage for you

Before hiring a Medicare broker it’s important to understand how they work, how they get paid, and how to separate the best from the rest.

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