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Warren’s proposal: Offer college students the same interest rates as banks
Sen. Elizabeth Warren (D-MA) introduced a bill on Wednesday that would give college students the same interest rates on their federal student loans as banks do when borrowing from the Federal Reserve. “If the Federal Reserve can float trillions of dollars to large financial institutions at low interest rates to…
Sen. Elizabeth Warren scolds regulators for protecting banks
Democratic Sen. Elizabeth Warren of Massachusetts chided two financial regulators on Thursday, wondering why the men were protecting big banks rather than helping struggling families. During a Senate Banking Committee hearing, Warren questioned Daniel P. Stipano of the Office of the Comptroller of the Currency and Richard Ashton of the…
Sen. Elizabeth Warren pokes fun at GOP, Wall Street during South Boston’s annual St. Patrick’s Day breakfast
Senator Elizabeth Warren (D-Mass.) took to the stage during South Boston’s annual St. Patrick’s Day Breakfast, using the opportunity to not only give an update on the Senate race, but also to poke some light-hearted fun at her Republican rival U.S. Senator Scott Brown. “I’m the daughter of a maintenance…
Sen. Elizabeth Warren slams Republicans: Worry less about helping big banks
Democratic Sen. Elizabeth Warren of Massachusetts slammed Republicans on Tuesday for holding up the confirmation of Richard Cordray to be director of the Consumer Financial Protection Bureau. At a Senate Banking Committee hearing, the progressive senator suggested Republicans were using false arguments to fight the nomination of Cordray. Warren, who…
Warren: Drug possession warrants jail time but laundering cartel money doesn’t?
Appearing at a Senate Banking Committee hearing Thursday, Sen. Elizabeth Warren (D-MA) grilled officials from the Treasury Department over why criminal charges were not filed against officials at HSBC who helped launder hundreds of millions of dollars for drug cartels. The HSBC scandal resulted in the Department of Justice and…
Bernanke tells Warren ‘too big to fail’ banks ‘will voluntarily reduce their size’
The Chairman of the Federal Reserve looked mighty uncomfortable Tuesday being grilled by Sen. Elizabeth Warren (D-MA), a former Harvard professor and economics expert who posed one very blunt question to him that many Americans have been asking for years: “When are we going to get rid of too big…
Elizabeth Warren presses financial regulators: Why no trials for Wall Street?
At a Senate Banking Committee hearing on Thursday, Sen. Elizabeth Warren (D-MA) asked the nation’s top financial regulators why Wall Street firms who broke the law were not taken to trial. “We face some very special issues with big financial institutions,” she said. “If they can break the law and…
Limbaugh: Elizabeth Warren is ‘Heap Big Squaw Indian Giver’
Conservative radio host Rush Limbaugh on Thursday referred to Senator-elect Elizabeth Warren as “Heap Big Squaw Indian Giver,” confirming that he would continue to provide ammunition to critics who accuse him of being both racist and sexist. Speaking on his radio program, Limbaugh noted that a group of Democratic senators…
Warren assigned to Senate Banking Committee
Sen.-elect Elizabeth Warren (D-MA), an ardent critic of Wall Street practices, will be assigned a seat on the Senate Banking Committee once the 113th Congress convenes in January. Progressive and liberal groups had urged Democratic leaders to place Warren on the committee, which considers legislation regarding the nation’s financial institutions.…
Warren to sit on Senate Banking Committee: Reports
Multiple sources are confirming that Senator-elect Elizabeth Warren (D-MA) will be appointed to the Senate Banking Committee, according to reports published Tuesday. The former Harvard professor helped create President Barack Obama’s Consumer Financial Protection Bureau, which she was set to lead before Senate Republicans blocked her confirmation. While the appointment…
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