CNBC's Hampton Pearson reports Sen. Elizabeth Warren says the tax code is skewed towards the rich when it comes to retirement. CNBC's Robert Frank provides insight.» Read More
Senator Elizabeth Warren of Massachusetts and Representative Elijah Cummings of Maryland said in the letter to Fed Chair Janet Yellen that the board only voted on 11 of about 1,000 enforcement actions taken during the last 10 years.
WASHINGTON, Jan 8- Two U.S. lawmakers on Wednesday unveiled a new bill that would force enforcement agencies to provide more details about deals to resolve corporate misconduct by U.S. companies.
WASHINGTON, Dec 4- A U.S. lawmaker critical of Wall Street is pushing the nation's six largest banks to voluntarily disclose their donations to think tanks, saying that not doing so threatens the credibility and research of these policy groups.
WASHINGTON, Nov 20- New rules to simplify the paperwork consumers receive when they apply for loans will take effect in August 2015 as part of a U.S. effort to make it easier to shop for mortgages. The Consumer Financial Protection Bureau said on Wednesday that the measures are intended to ensure lenders clearly lay out the terms and costs of loans for home buyers.
NEW YORK, Nov 19- U.S. "The market looks fairly valued right now," said Zach Pandl, senior interest rate strategist at Columbia Management in Minneapolis.
WASHINGTON, Nov 14- Janet Yellen's hopes of becoming the first woman to lead the Federal Reserve got a boost on Thursday when she sailed through her Senate confirmation hearing with only mild questioning from some of the Fed's fiercest Republican critics.
WASHINGTON, Nov 12- President Barack Obama on Tuesday named Timothy Massad, a lawyer who oversaw the U.S. government's $700 billion bank bailout program, as the next head of one of Wall Street's most powerful supervisors.
WASHINGTON, Nov 12- President Barack Obama plans to name Timothy Massad, a lawyer who earned his spurs at the country's bank bailout program, as the next head of the U.S. swaps regulator, according to a White House official.
Former Council of Economic Advisers Chairman Austan Goolsbee discusses the prospect of Elizabeth Warren and Hillary Clinton running for president.
Democrats counting on Obama simply to pass the torch to Hillary Clinton may be in for a letdown, if this expert's analysis is correct.
U.S. lawmakers will have a prime opportunity to vent their concerns when vetting Janet Yellen as next chair of the Fed.
*News came in phone call to White House on Friday. Merkley told the White House that there were now five Democrats on the committee, which would have to clear the nomination before a final Senate vote, who would oppose Summers, a former Treasury secretary under President Bill Clinton and a close confidante of Obama's.
Jon Tester is the latest member of the Senate banking committee to say he'd vote "no" on Larry Summers if President Obama nominated him for Fed chief.
WASHINGTON, Sept 13- Four Democrats on the Senate Banking Committee are now expected to vote "no" if President Barack Obama nominates former economics adviser Lawrence Summers to be the next chair of the Federal Reserve, complicating one of the most vital decisions of his second term.
Should Congress end "too big to fail?" Sen. Elizabeth Warren (D-MA) asked "how much longer should Congress wait for regulators to fix this problem?" Former TARP Congressional Oversight Committee Chair Ted Kaufman, and The Gartman Letter's Dennis Gartman, discuss.
Senator Elizabeth Warren is taking aim at the Supreme Court, criticizing the court of being too friendly to corporate America. Former U.S. Sen. Kay Bailey Hutchison (R-TX), and Jared Bernstein, former Economic Policy Adviser to Vice Pres. Biden, debate Sen. Warren's comments.
Former Rep. Barney Frank on Monday dismissed calls to bring back a Depression-era law that divided commercial and investment banking.
The Senate confirmed Richard Cordray to head the consumer bureau, an Obama nomination that had been stalled for two years.
Senator Elizabeth Warren (D-MA) wants to break up the banks, and Russian hockey player Ilya Kovalchuk of the NJ Devils is retiring. CNBC's John Carney, and Neil Weinberg American Banker, discuss.
By focusing on preventing the past, both sides of the debate over Elizabeth Warren's 21st Century Glass-Steagall Act are missing the point.