Two top senators introduced a new legislation on June 20 that, if made into law, would require public reporting on retired U.S. service members working as consultants and contractors for foreign governments and creating civil penalties if they break the law. The bipartisan Retired Officers Conflict of Interest Act, co-sponsored by senators Elizabeth Warren (D-Mass.)…
Senators Introduce Bill Restricting Retired Military to Work for Foreign Powers
Sens. Warren, Vance Lead Push to Crack Down on Bank CEO Pay
A bipartisan group of senators, led by Sen. Elizabeth Warren (D-Mass.) and Sen. J.D. Vance (R-Ohio), introduced legislation to revive efforts to claw back big bank executives’ compensation in the event of a failure or resolution. The senators, 11 of whom are members of the Senate Banking, Housing, and Urban Affairs Committee, introduced the Failed…
Sen. Elizabeth Warren Announces Plans to Run for 2024 Reelection
March 27, 2023
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Democratic Sen. Elizabeth Warren has announced she is planning to run for re-election 2024. It would be the third term for the 73-year old Massachusetts senator, who first took office in 2012. The announcement came early on March 27, when Warren posted a campaign ad on her Twitter page. “We’ve won some big victories for…
Sen. Warren Says Fed Chair Wants to Make Millions of Americans Jobless to Fight Inflation
March 20, 2023
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Sen. Elizabeth Warren (D-Mass.) has criticized Federal Reserve Chair Jerome Powell’s handling of the economy, accusing him of trying to put up to 2 million Americans out of work as part of the central bank’s efforts to bring down inflation. Warren made the comments in an interview on NBC’s “Meet the Press” on March 19 in which she called…
Warren Urges Democrats to Get ‘Aggressive’ After Victory in Senate
Sen. Elizabeth Warren (D-Mass.) is calling for Democrats to be more aggressive and put the GOP on defense after her party retook the Senate following the 2022 midterms. “Where we can pursue legislative action, we should fight aggressively. When Republicans try to obstruct such action and the president can act by executive authority, he must,”…
Funding for Agency Created in Obama Era Violates the US Constitution: Appeals Court
The funding stream for the Consumer Financial Protection Bureau (CFPB), created by Congress and approved by then-President Barack Obama in 2008, is unconstitutional, a U.S. appeals court ruled on Oct. 19. The bureau, which has a mission to implement and enforce federal consumer finance law, was given the power to oversee 18 federal laws, ranging from…
Karen Bass Endorsed by Sen. Elizabeth Warren and LA Labor Union
July 20, 2022
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Rep. Karen Bass (D-Calif.) received two new endorsements this week in her bid to become Los Angeles’s new mayor. She will go head-to-head with real estate businessman Rick Caruso in the November General Election. Late Monday evening, the Los Angeles County Federation of Labor—the largest labor union in LA—endorsed Bass. The union has more than…
US Senator Warren Calls on Fed to Release More Ethics Scandal Information
U.S. Senator Elizabeth Warren sharpened her criticism of the Federal Reserve on Monday over its handling of an ethics scandal at the central bank ahead of the renomination hearing of Fed Chair Jerome Powell. Warren, a Democrat and member of the Senate Banking Committee, is one of the lawmakers Powell will appear before on Tuesday…
Elizabeth Warren Blames Grocery Stores for Food Price Inflation
New Analysis Elizabeth Warren (D-Mass.) pointed the finger at grocery stores, blaming them for rising food prices in a series of letters addressed to the CEOs of three major grocery chains earlier this month. The letters were addressed to the CEOs of Kroger, Albertsons, and Publix, three major grocery store chains, each of which have…
Elon Musk Says He Will Pay ‘More Taxes Than Any American in History’ This Year
Tesla Chief Executive Officer Elon Musk on Sunday said that he will pay more than $11 billion in taxes this year after Sen. Elizabeth Warren (D-Mass.) called on him to stop “freeloading off everyone else.” “For those wondering, I will pay over $11 billion in taxes this year,” Musk wrote on Twitter. Musk’s post came after Warren…
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