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The Latest Breaking News from Elizabeth Warren

Senate Banking approves crypto market structure bill

The Senate Banking Committee voted Thursday to approve, mostly along party lines, legislation that would set the rules for the operation and oversight of digital asset markets, advancing a landmark bill the panel has been working on since last summer. Months of negotiations between Republicans and Democrats resulted in only…

Roll Call

Trump says Xi is ‘very tall’ and out of ‘central casting’ because people in China ‘tend to be a little bit shorter’

‘If you went to Hollywood and you look for a leader of China, to play a role in a movie, he’s central casting,’ the president told Fox News’ Sean Hannity

The Independent UK

Trump promised to hold 30,000 migrants at Guantanamo. But a year later it’s almost empty, report claims

Just six migrant detainees were reportedly being held at the American naval base in Cuba as of Monday

The Independent UK

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Top Democrat calls newly confirmed Fed chair Kevin Warsh a ‘sock puppet’ for Trump – as it happened

Elizabeth Warren condemns confirmation of Trump’s pick to lead the Federal Reserve; John Fetterman was lone Democrat to support the nomination

The Guardian - US

Kevin Warsh confirmed as Fed chair in party-line vote amid Elizabeth Warren's 'sock puppet' criticism

Every Republican voted for Warsh on Wednesday, as did Democratic Sen. John Fetterman of Pennsylvania.

Fortune

The crypto industry’s Clarity Act hits a critical juncture: Where things stand going into Senate markup

A key banking committee reached a deal on stablecoin yield, but ethics conflicts remain

Fortune

US Senate confirms Kevin Warsh as Federal Reserve chair, following Jerome Powell

Kevin Warsh is now the new head of the Federal Reserve. He takes charge at a difficult economic time. Inflation is high and gas prices are rising. The Fed faces internal disagreements. President Trump has pressured the Fed for lower interest rates. Warsh promises independence. He faces challenges in managing…

The Economic Times

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Ted Cruz calls AOC a ‘parasite’ for taking government money – just like he does

Texas Republican tries to accuse New York Democrat of betraying anti-capitalist principles but overlooks the small matter of his own congressional salary

The Independent UK

Why Kevin Warsh might still prove to be an independent Federal Reserve chair

Kevin Warsh is now likely to secure Senate approval on May 13, 2026, as the next Federal Reserve chair – and become arguably the most powerful central banker in the world. But when Warsh appeared before the Senate Banking Committee for his confirmation hearing in April, one punchy question underscored…

The Conversation

Why the Bipartisan War on Housing Investors Won't Make Housing More Affordable

Politicians on the left and right are increasingly blaming large investors for raising home prices. Here's why they're wrong.

Reason

Campaign staffers making ‘thousands’ betting on their own candidates using insider information, report says

Political employees say practice is increasingly commonplace as regulators struggle to keep pace

The Independent UK

Elizabeth Warren seeks information on Meta’s latest stablecoin plans in letter to Mark Zuckerberg

The senator called Meta’s lack of transparency “troubling”

Fortune

Elizabeth Warren Wrongly Implies Jeff Bezos Isn't Paying Enough Taxes

The rich pay more than their "fair share."

Reason

Gold Trump Phone Scam Victim Shares Warning to MAGA Community After Sinking Savings Into Brand That Never Arrived

Trump Mobile's T1 phone launch, announced in June 2025, faces backlash due to billing issues, unfulfilled promises, and potential deceptive practices, prompting calls for an FTC investigation.

International Business Times UK

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The Independent UK

MAGA senator shredded for repost of OJ and Nicole Brown Simpson meme as Elizabeth Warren and Spirit Airlines

The creepy repost is the latest in a series of outlandish, inflammatory and conspiratorial posts from the senior Republican senator from Utah

The Guardian - US

Spirit Airlines says it has nearly finished refunding customers after shuttering

Budget airline left thousands stranded on Saturday after ceasing operations amid financial troubles

The Independent UK

Troops at polling sites and true cost of Iran war: Key takeaways from Hegseth’s clash in the Senate

Secretary again on the defensive as Democratic senators demand answers on Middle East conflict

Fortune

‘This is not normal’: Former Fed economist sounds alarm on Kevin Warsh after one-sided confirmation

Claudia Sahm worked with Warsh when they were at the Fed but doesn’t know him personally. She told Fortune that his disrespect for Democrats was striking.

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The Independent UK

Pete Hegseth looked bad in the House. He looks even worse in the Senate

ANALYSIS: Watching Hegseth try and answer these probing questions from restrained experts was like watching Buzz Lightyear realize he isn't really a spaceman, writes Holly Baxter

The Guardian - US

Kevin Warsh clears key Senate hurdle to replace Fed chair Powell

A Senate committee advances Trump’s pick as doubts linger over the Fed’s independence and Powell’s future

International Business Times

GOP Sen. Says He Won't Block Nomination Of Kevin Warsh As Fed Chair After DOJ Drops Investigation Of Jerome Powell

Republican Senator Thom Tillis said he will support Kevin Warsh's nomination as Federal Reserve chair, paving the way for his confirmation.

The Independent UK

Elon Musk is about to launch his ‘everything app’, report claims

US senator says Musk’s ‘failure to operate X in a safe and responsible manner does not breed confidence’ in X Money

International Business Times

DOJ Drops Criminal Investigation Of Jerome Powell, Potentially Paving Way For Confirmation Of Kevin Warsh

The Department of Justice dropped on Friday its criminal investigation of Federal Reserve Chair Jerome Powell, federal prosecutor Jeanine Pirro announced.

Roll Call

DOJ drops investigation into Fed’s Powell

U.S. Attorney Jeanine Pirro said Friday that she is dropping her investigation into Federal Reserve Chair Jerome Powell over the cost for renovations at the central bank, a move that could clear a path for the Senate to confirm Kevin Warsh as Powell’s replacement. “I have directed my office to…

The Independent UK

GOP senators ‘don’t make eye contact’ over Iran war, says Elizabeth Warren

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