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The Latest Breaking News from Elizabeth Warren

Politicians Who Supported $54 Billion in Airline Bailouts Now Pose as Industry Critics

Political criticism of Southwest's mass flight cancelations mask a cronyist relationship between government and the passenger airline industry.

Reason

Charity and Capitalism Are Better Than Government

When I was young, I assumed government would lift people out of poverty. But those policies often do more harm than good.

Reason

A 'kitchen sink' approach won't work for DeFi legislation

DeFi has unique pros and cons, and it requires unique oversight.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

America's Loose Ends in the Middle East

They say the U.S. is pivoting to other conflicts, but the Pentagon hasn't exactly left the Middle East and North Africa behind.

Reason

What's in Elizabeth Warren’s new crypto bill?

The money laundering-focused legislation could change the entire ecosystem.

Fortune

Elizabeth Warren sent a letter to Tesla’s board accusing Elon Musk of ‘unavoidable conflicts’ after buying Twitter

Warren also expressed her concern over how the carmaker’s board is dealing with Musk since he became Twitter’s CEO.

Fortune

Sen Elizabeth Warren warns Tesla board over Elon Musk’s Twitter moves

Mr Musk is under fire for his leadership of Twitter

The Independent UK

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Joe Kennedy III named as US economic envoy to Northern Ireland

Appointment of former congressman and grandson of Robert Kennedy comes amid transatlantic tension over post-Brexit trade

The Guardian - US

Elizabeth Warren's Crypto Bill Targets Financial Freedom, Not Fraud

Senator Warren wants to extend the financial surveillance state cooked up by drug warriors and anti-terrorism fearmongers to cryptocurrencies.

Reason

Democrats question worker safety in Amazon warehouse rebuild

Several members of Congress want Amazon to explain why an Illinois warehouse that collapsed during a 2021 tornado, killing six employees, is being rebuilt without adding upgraded storm shelters

The Independent UK

FTX political contributions flowed to Texans in both parties in 2022 midterm elections

WASHINGTON — Two super PACs associated with disgraced cryptocurrency tycoon Samuel Bankman-Fried pumped more than $2.7 million into a Dallas congressional race, helping Democrat Jasmine Crockett top a crowded primary field and coast to election last month.

Tribune News Service

Lawmakers aim to deep-six Pentagon 'wish lists' - Roll Call

Lawmakers are seeking to end the Defense Department’s extensive use of unfunded priorities lists to increase the Pentagon’s budget.

Roll Call

VIDEO FOR YOU: Senate Democrats take aim at cryptocurrency

EDITORS/NEWS DIRECTORS:

The Independent UK

Senate crypto hearing yields big claims, possible regulation

Whether increased regulation would have prevented the spectacular collapse of cryptocurrency exchange FTX was fiercely debated at a hearing of the Senate’s banking committee Wednesday

The Independent UK

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Fortune

Star-studded Senate hearing illustrates massive divide over crypto in D.C.

Without Sam Bankman-Fried in attendance, senators focused on the future of the volatile industry.

The Guardian - US

Warren pushes bipartisan bill to regulate crypto firms after FTX collapse

Move co-sponsored by Republican Roger Marshall aims to crack down on money laundering after arrest of Sam Bankman-Fried

Tribune News Service

Silvergate Capital faces questions from lawmakers amid FTX crypto exchange collapse

San Diego's Silvergate Capital made its name in recent years as one of a few traditional banks providing deposit, fund transfer, security and other services for the cryptocurrency trading market.

Fortune

SBF agreed to testify in Congress. Here’s what lawmakers are thinking about crypto legislation

How will the collapse of FTX shape regulation from Washington?

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news in one place.

100's of premium titles.
One news app.

Tribune News Service

US lawmakers want more oversight of the Federal Reserve

An organizational loophole used by the Federal Reserve’s 12 regional banks to avoid complying with transparency requests is under fire from two U.S. senators seeking to toughen congressional oversight.

Fortune

SEC Chair says the 'runway is getting shorter' for crypto companies

The Securities and Exchange Commission chair said “the runway is getting shorter” for crypto companies.

Tribune News Service

Senate Democrats: Reduce harm of drug laws to open cannabis banking

Negotiations over provisions that would allow cannabis companies to access banking services were among the sticking points holding up the release of the fiscal 2023 defense reauthorization bill text Tuesday, senators said.

Roll Call

Lawmakers exclude cannabis language from defense authorization text

Senate Democrats will let banks work with cannabis businesses but only for fairer treatment for those caught up in the war on drugs.

Roll Call

Senate Banking Democrats plan bigger role in crypto legislation - Roll Call

Sen. Sherrod Brown says a bill supported by Sens. Stabenow and Boozman is too favorable to the crypto industry.

Salon

Joe aids rail barons at workers' expense

Praising himself as pro-union, Biden used heavy-handed tactic to head off strike he just told us he had prevented

Tribune News Service

Fraud on payment app Zelle is on the rise. How can you stay safe?

People are increasingly falling victim to fraud on the payment service Zelle, lured by scammers impersonating bank officials via text message or phone call — and in response to the prevalence of fraud, some banks are responding with a plan to reimburse scammed customers.

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Alexandria OcasioCortez

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