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Elizabeth Warren bashes Wall St. in first TV ad

Massachusetts Senate candidate Elizabeth Warren unveiled her first television advertisement on Sunday, in which the Harvard professor and progressive Democrat condemned the influence of Wall Street on the U.S. government. Like her previous campaign video announcing that she would challenge Sen. Scott Brown (R) next November, the ad features Warren…

Senate panel approves Richard Cordray for consumer bureau

The Senate Banking Committee on Thursday narrowly approved Richard Cordray to be the first ever Director of the Consumer Financial Protection Bureau, but his nomination is expected to be halted by Republicans in the full Senate. The Bureau was created by the Dodd–Frank Wall Street Reform and Consumer Protection Act…

Bank foreclosure cover seen in bill at Obama’s desk

Update: Obama won’t sign bank-friendly bill, but says authors had ‘the best intentions’ At the White House blog, Communications Director Dan Pfeiffer explains, “Why President Obama is Not Signing H.R. 3808.” Today, the White House announced that President Obama will not sign H.R. 3808, the Interstate Recognition of Notarizations Act…

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