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Politics Elizabeth Warren

  • Senior United States Senator from Massachusetts, Elizabeth Warren

    In a recent interview, Elizabeth Warren talks about the future of the Democratic party, Vox reports.

  • WASHINGTON, April 25- Two U.S. Senate Democrats are asking a U.S. audit watchdog to review whether KPMG failed to disclose or prevent fraud when it audited Wells Fargo's books during the time period that the bank's sales force was opening two million unauthorized accounts. In an April 25 letter to Public Company Accounting Oversight Board Chairman James Doty,...

  • WASHINGTON, April 25- Two U.S. Senate Democrats are asking a U.S. audit watchdog to review whether KPMG failed to disclose or prevent fraud when it audited Wells Fargo's books during the time period that the bank's sales force was opening two million unauthorized accounts. In an April 25 letter to Public Company Accounting Oversight Board Chairman James Doty,...

  • Former US Federal Reserve Chairman Ben Bernanke in 2009.

    Republicans think the economy is surging. Democrats think a recession is imminent. When economics become politicized, it leads to bad policy.

  • U.S. Sen. Elizabeth Warren (D-MA) speaks during a rally in front of the Capitol March 22, 2017 in Washington, DC.

    Warren also called Trump a "master of distraction," joking that his young presidency seems to have gone by in "dog years."

  • Sen. Elizabeth Warren (D-MA) speaks during a campaign rally with democratic presidential nominee former Secretary of State Hillary Clinton at St Saint Anselm College on October 24, 2016 in Manchester, New Hampshire.

    Frustrated Democrats are already looking ahead to the 2020 elections to take on President Trump, NBC News reports.

  • The sources spoke anonymously because deliberations on candidates for the SEC, which is the primary regulator that polices and writes rules for Wall Street, are not public. Other names that are in the mix include Vermont Law School professor Jennifer Taub, the AFL-CIO's office of investment director Heather Slavkin Corzo and Andy Green, a managing director at...

  • WASHINGTON/ NEW YORK, April 12- A former U.S. Treasury Secretary Steven Mnuchin told the Wall Street Journal on Wednesday that the administration was "very close" to filling the regulatory post, which will play a critical role in President Donald Trumps efforts to revamp regulation of the financial sector. Randal Quarles, who worked as under secretary for...

  • Federal Reserve Bank

    A former Treasury official, a banking lawyer, and a Harvard professor are three leading candidates to fill the post of Fed vice chair in charge of banking oversight.

  • WASHINGTON/ NEW YORK, April 12- A former U.S. Treasury Secretary Steven Mnuchin told the Wall Street Journal on Wednesday that the administration was "very close" to filling the regulatory post, which will play a critical role in President Donald Trumps efforts to revamp regulation of the financial sector. Randal Quarles, who worked as under secretary for...

  • The sources spoke anonymously because deliberations on candidates for the SEC, which is the primary regulator that polices and writes rules for Wall Street, are not public. Other names that are in the mix include Vermont Law School professor Jennifer Taub, the AFL-CIO's office of investment director Heather Slavkin Corzo and Andy Green, a managing director at...

  • Ramamurti is senior counsel to Warren on banking and economic policy and she is staunchly backing him for the SEC job, one of the sources told Reuters. The sources spoke anonymously because the deliberations over SEC candidates are not public. The SEC is the primary regulator that polices and writes rules for Wall Street.

  • WASHINGTON/ BOSTON April 12- Bharat R. Ramamurti, a legislative aide for Democratic Massachusetts Senator Elizabeth Warren, is a contender for one of the vacant commissioner jobs at the U.S. Securities and Exchange Commission, according to people familiar with the matter. Ramamurti currently serves as senior counsel to Warren on banking and economic policy,...

  • WASHINGTON, April 6- White House economic adviser Gary Cohn said he backed bringing back the Glass-Steagall Act, a Depression-era law that would revamp Wall Street banks by splitting their consumer-lending businesses from their investment arms. Reinstating the law, which was repealed in 1999, has not attracted significant attention in Congress, but...

  • WASHINGTON, April 6- Former Goldman Sachs Group Inc executive and White House adviser Gary Cohn shocked more than a few of his former Wall Street colleagues this week when he showed support for reinstating a Depression-era law that would break up the biggest U.S. banks. :Since the 2008 financial crisis, Glass-Steagall has become a calling card for politicians...

  • WASHINGTON, April 6- White House economic adviser Gary Cohn said he backed bringing back the Glass-Steagall Act, a Depression-era law that would revamp Wall Street banks by splitting their consumer-lending businesses from their investment arms. Reinstating the law, which was repealed in 1999, has not attracted significant attention in Congress, but...

  • WASHINGTON, April 4- The U.S. Senate Banking Committee voted on Tuesday to advance Jay Clayton's nomination as the next head of the U.S. Securities and Exchange Commission to the full Senate for approval. The committee voted 15 to 8, with some Democrats, including Massachusetts Senator Elizabeth Warren and Sherrod Brown of Ohio, voting against him.

  • In a letter to the SEC's internal watchdog, Inspector General Carl Hoecker, the Democrats said acting SEC Chairman Mike Piwowar should not have ordered staff to review the SEC's rules on "conflict minerals" and CEO pay ratios because they are mandated by Congress. "We ask that you conduct an investigation into each of these decisions to determine whether they are...

  • WASHINGTON, March 23- Jay Clayton, the Wall Street attorney tapped by President Donald Trump to lead the U.S. Securities and Exchange Commission, on Thursday defended himself against Democrats' charges that multiple conflicts of interest would force him to miss too many SEC votes. Clayton, a partner at elite law firm Sullivan& Cromwell, is expected to win...

  • WASHINGTON, March 23- Jay Clayton, the Wall Street attorney tapped by President Donald Trump to lead the U.S. Securities and Exchange Commission, on Thursday defended himself against Democrats' charges that multiple conflicts of interest would force him to miss too many SEC votes. Clayton, a partner at elite law firm Sullivan& Cromwell, is expected to win...