Politics Elizabeth Warren

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  • AUSTIN, Texas— When Ted Cruz kicked off his White House bid at Liberty University, he told the crowd "y'all can probably relate" to the $100,000- plus in student loan debt he ran up in college and paid off only a few years ago. While working previously as a private lawyer in Houston, Cruz helped represent a lender who went to the Supreme Court to keep an Arizona man from...

  • In a letter to the U.S. Securities and Exchange Commission, the Massachusetts Democrat said the regulator's decision to approve the firm, Stamford Harbor Capital L.P., makes "a mockery of the SEC's core mission to' protect investors." "The Commission has permitted a recidivist hedge fund manager, well-known for his former company's willingness to evade and ignore...

  • BOSTON— Her parents didn't hail from the planet Krypton, and she was never bitten by a radioactive spider, but that hasn't stopped Elizabeth Warren from starring as a comic book hero. "Female Force: Elizabeth Warren" tells the true-life story of Warren's rise from Oklahoma schoolgirl to U.S. senator and champion of the liberal wing of the Democratic Party.

  • WASHINGTON, April 11- The number of nonbank firms that service mortgages in the United States is growing but the federal agency charged with protecting borrowers has no single list of the companies, even though they can pose major risks to consumers, according to a report released on Monday. In its report, the Government Accountability Office found the Consumer...

  • *Geneva prosecutor opens criminal inquiry linked to Panama Papers. *Panama law firm Mossack Fonseca has bureaux in Zurich, Geneva. Four decades of documents from Panamanian law firm Mossack Fonseca, which specialises in setting up offshore companies and has offices in Zurich and Geneva, showed widespread use of those instruments by global banks and triggered...

  • "The SEC is certainly not responsible for patching that hole in our campaign finance system, but you can help prevent that hole from being ripped any wider," Schumer said. Budget legislation passed by the Republican-majority Congress at the end of 2015 blocked the SEC from creating a rule on political spending. Peirce, a Republican who is a senior fellow at the...

  • NEW YORK, March 4- A U.S. watchdog agency is preparing to investigate whether the Federal Reserve and other regulators are too soft on the banks they are meant to police, after a written request from Democratic lawmakers that marks the latest sign of distrust between Congress and the central bank. Ranking representatives Maxine Waters of the House Financial...

  • NEW YORK, March 4- A U.S. watchdog agency is preparing to investigate whether the Federal Reserve and other regulators are too soft on the banks they are meant to police, after a written request from Democratic lawmakers that marks the latest sign of distrust between Congress and the central bank. Ranking representatives Maxine Waters of the House Financial...

  • March 2- The 2016 U.S. presidential election is a circus which will produce an outcome and policies that will tend to fatten labor's share of the economy while reducing that of capital. Super Tuesday is past and now Democrat Hillary Clinton and Republican Donald Trump look to be on rails to their parties' nominations. And no, I'm not talking about stupidity and...

  • Democratic presidential candidate former Secretary of State Hillary Clinton

    Here are three names that Hillary Clinton might choose as her running mate in the Democratic presidential race.

  • Feb 25- Five Democratic U.S. senators, including presidential candidate Bernie Sanders, told the Justice Department and Federal Communications Commission on Thursday that they had "significant concerns" about Charter Communications Inc's planned acquisition of Time Warner Cable Inc and Bright House Networks. The senators, who also included Elizabeth...

  • Feb 22- U.S. Senate Banking Committee Democrats on Monday asked the panel's Republican chairman in a letter to "clear the backlog" of 16 nominations by President Barack Obama to posts related to financial oversight, national security and other areas. The committee, led by Republican Senator Richard Shelby, has "failed to carry out one of its basic duties" for more...

  • WASHINGTON, Feb 11- Two influential U.S. lawmakers on Thursday criticized the financial industry for saying in public that a new rule on retirement advice could have "dire consequences," but then speaking optimistically about it with shareholders. "Some of these same companies are providing very different assessments to their own investors," Senator Elizabeth...

  • WASHINGTON/ SAN FRANCISCO, Feb 9- Federal Reserve Chair Janet Yellen will defend the U.S. central bank's first rate hike in a decade and likely insist that further rises this year remain on track, albeit at a slower pace, when she addresses Congress on Wednesday. "I think that markets probably have over-reacted to the sense that the Fed won't raise rates any time soon,"...

  • WASHINGTON, Jan 29- Democratic U.S. Senator Elizabeth Warren released on Friday a report criticizing what she called "shockingly weak" punishments for corporate crimes and condemned the Justice Department and Securities and Exchange Commission for their lax approach. Warren, a favorite among progressives, criticized the Justice Department and federal law...

  • Democratic presidential candidate Bernie Sanders, who has made reining in Wall Street a top campaign theme, will warn on Tuesday that financial-sector greed is "destroying the fabric of our nation" and detail his plan to break up big banks, his campaign said. Sanders will deliver what his campaign is calling a "major policy address" on Wall Street reform in New York.

  • Brad Katsuyama, president and CEO of IEX Group Inc.

    Dodd-Frank has done a lot but it hasn't restored trust in Wall Street. IEX could spark the change that is needed, these risk-management execs say.

  • NEW YORK, Dec 21- Democratic senators introduced emergency legislation for Puerto Rico to establish a short-term stay on creditor litigation to allow the debt-ridden island to restructure its debts, according to a press release from Senator Richard Blumenthal's office on Monday. Treasury has urged Congress to act quickly to address the island's debt...

  • Hillary Clinton (C) raises her arms while joining 13 female senators for a "Women for Hillary" endorsement event and fundraiser in Washington November 30, 2015. With her are (from left): Senators Barbara Boxer (D-CA), Barbara Mikulski (D-MD), Dianne Feinstein (D-CA) and Patty Murray (D-WA).

    A notable no-show provokes a question has nipped at Clinton's heels throughout her campaign. NBC News reports.

  • SAN FRANCISCO, Nov 19- The majority of deals signed by the California Public Employees' Retirement System with private equity firms allow the firms to reduce their tax bills by treating ordinary management fees as capital gains, an issue that is drawing increasing regulatory scrutiny. In September, a group of Senators, including Massachusetts Democrat...