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The Latest Breaking News from Elizabeth Warren

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.

Roll Call

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

The Guardian - US

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

Salon

From analysis to the latest developments in health,
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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.

The Conversation

Wealth Taxes Won't Work

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

Reason

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

The Independent UK

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?

Salon

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Progressives focus on local-level wins to counter setbacks

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

The Independent UK

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.

Reason

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.

Fortune

Members of Congress Urge Review of Discovery-WarnerMedia Merger

Sen. Elizabeth Warren, Rep David Cicilline lead group highlighting effect on jobs and competition in the industry and reduced choice for media consumers

Multichannel News

Sanders: "We must break up Big Ag"

Progressives question Cal-Maine Foods' claim that an avian flu outbreak is to blame for soaring egg prices

Salon

Marlish Waters switches Northumberland farm factory to all renewable power

The family run business expects to launch new products in the next few months

Birmingham Post

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Los Angeles Times

Michael Hiltzik: How Trump's frenzy of deregulation killed Silicon Valley Bank

Late in 2018, two Trump-appointed banking regulators, Federal Reserve Vice Chair Randal Quarles and FDIC Chair Jelena McWilliams, went on a nationwide tour to meet with regional bank examiners.

Fortune

The curious tale of Elizabeth Warren and the short-seller

There is a juicy rumor in Washington, D.C., that Sen. Warren's crypto policy has been informed by a short-seller. But is it true?

The Independent UK

California's Newsom starts tour to boost red-state Democrats

California Gov. Gavin Newsom has launched a new political action committee to boost Democrats in Republican states

Zenger

Biden Eyes New Regulations As Congress Dives Into Silicon Valley, Signature Bank Failures

President Joe Biden is expected to tighten regulations on banks, prompted by the biggest banking collapse since the 2008 crisis

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Tribune News Service

Bipartisan group of senators offer clawback bill for bank failures

WASHINGTON — A bipartisan group of senators released draft legislation Wednesday that would claw back executive pay in the five years leading up to a bank’s failure, following President Joe Biden’s call on Congress to take action.

Roll Call

Bipartisan group of senators offer clawback bill for bank failures - Roll Call

Four senators from both parties released a draft bill to claw back executive compensation in the five years leading up to a bank failure.

Fortune

Key takeaways from the Senate’s bank failure hearing

Amid all the finger-pointing, Senators and speakers said more monitoring was needed in the banking sector.

Al Jazeera

Senate committee questions federal regulators over US bank crisis

Tuesday marked the US Senate’s first public hearing into the collapse of Silicon Valley Bank in early March.

Roll Call

Fed’s Barr: SVB ignored ‘bread and butter’ banking issues - Roll Call

The Fed official in charge of bank supervision said SVB was warned about its risks and that it ignored “bread and butter” banking issues.

Roll Call

Pentagon comes out against law requiring military wish lists - Roll Call

The Defense Department says it backs ending “unfunded priorities lists” — annual requests for spending above the president's budget requests.

The Independent UK

‘Making billionaires cry on TV’: Elizabeth Warren touts her record as she announces third run for Senate

‘Elizabeth is my partner in the Senate and I have seen this perpetual energy machine up close,’ Ed Markey says

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