Elizabeth Warren
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Sen. Elizabeth Warren (D-MA) came out swinging at her first hearing as a member of the Senate Banking Committee, with CNBC's Hampton Pearson. Barney Frank, former Congressman (D-MA), shares his reaction. » Read More |
U.S. Senate Democrats said Senator-elect Elizabeth Warren, a consumer finance activist feared by Wall Street, will join the Senate Banking Committee next year. » Read More |
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May 15- U.S. Senate Democratic leaders plan to hold a vote next week on President Barack Obama's choice to lead the Consumer Financial Protection Bureau, a Senate Democratic aide said on Wednesday, but they are not expected to muster enough votes to confirm him.
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In a May 14 letter to the heads of the Federal Reserve, the Securities and Exchange Commission and the Justice Department, Massachusetts Democratic Senator Elizabeth Warren asks the agencies to provide her with details of how they weigh the costs and benefits of settling versus trying cases.
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In a May 14 letter to the heads of the Federal Reserve, the Securities and Exchange Commission and the Justice Department, Massachusetts Democratic Senator Elizabeth Warren asks the agencies to provide her with details of how they weigh the costs and benefits of settling versus trying cases.
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WASHINGTON, May 9- U.S. senators appeared close to finalizing a bill that would require pharmacies that compound and sell sterile drugs across state lines to submit to greater federal regulation.
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WASHINGTON, May 7- The new head of the U.S. Securities and Exchange Commission defended on Tuesday the agency's policy of letting firms settle civil charges without admitting or denying them, but also pledged to review the practice. The practice has come under fire from some federal judges and lawmakers who argue the SEC should insist on an admission of guilt.
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WASHINGTON, April 30- A group of 37 federal lawmakers urged U.S. securities regulators to prohibit Wall Street brokers from forcing customers to sign away their legal right to sue. The 2010 Dodd-Frank Wall Street reform law gives the SEC the authority to scale back or prohibit the use of arbitration agreements, but the agency has not exercised that power.
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WASHINGTON, April 10- Two Democratic lawmakers lambasted federal regulators whom they accuse of using an obligation to protect bank "trade secrets" as an excuse not to hand over details of a botched review of home foreclosures.
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WASHINGTON, April 9- Borrowers whose homes were in foreclosure in 2009 or 2010 can expect to receive between $300 and $125,000 under settlements reached between top banks and U.S. regulators earlier this year.
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WASHINGTON, April 4- A federal government watchdog faulted U.S. bank regulators for the poor performance of third-party consultants reviewing more than 4 million home foreclosures by mortgage servicers in a botched process that was halted earlier this year.
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BOSTON/ WASHINGTON, March 20- A former hedge fund manager turned environmental activist who opposes the Keystone XL pipeline has waded into the Massachusetts U.S. Senate race, threatening to undermine a pledge by the two Democratic candidates to reject outside money.
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WASHINGTON, March 12- Mary Jo White, President Barack Obama's choice to lead the U.S. Securities and Exchange Commission, told lawmakers that her past legal work for Wall Street clients would not prevent her from being a tough financial watchdog.
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New rules are being weighed that will hold individuals specifically liable, and older rules- rarely used to take action against executives- will also be explored, top officials from the Office of the Comptroller of Currency and the Treasury Department's illicit finance unit told lawmakers on Thursday.
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WASHINGTON, Feb 26- Federal Reserve Chairman Ben Bernanke strongly defended the U.S. central bank's monetary stimulus before Congress on Tuesday, easing financial market worries over a possible early retreat from bond buys.
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WASHINGTON, Feb 26- A top U.S. bank regulator on Tuesday offered a lengthy defense of entering into settlements with banks, taking a swipe at critics who have questioned whether regulators are aggressive enough in taking banks to trial.
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Sen. Elizabeth Warren (D-MA) came out swinging at her first hearing as a member of the Senate Banking Committee, with CNBC's Hampton Pearson. Barney Frank, former Congressman (D-MA), shares his reaction.
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WASHINGTON, Jan 31- U.S. lawmakers on Thursday asked bank regulators to turn over documents related to the $8.5 billion settlement that ended a government-mandated review of crisis-era foreclosures, saying transparency was needed to boost confidence in the settlement.
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WASHINGTON, Dec 12- Wall Street critic and Senator-elect Elizabeth Warren will join the Senate Banking Committee next year where she is likely to be a loud voice in favor of tight financial regulation.
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WASHINGTON, Dec 12- Wall Street critic and Senator-elect Elizabeth Warren will join the Senate Banking Committee next year where she is likely to be a loud voice in favor of tight financial regulation.
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U.S. Senate Democrats said Senator-elect Elizabeth Warren, a consumer finance activist feared by Wall Street, will join the Senate Banking Committee next year.
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WASHINGTON, Dec 12- U.S. Senate Democrats said on Wednesday that Senator-elect Elizabeth Warren, a consumer finance activist feared by Wall Street, will join the Senate Banking Committee next year.