Tag Archives: Elizabeth Warren

Sen. Elizabeth Warren, the primary architect of the Consumer Financial Protection Bureau and a champion of Wall Street reform, along with President Obama discussed how far the American financial system has come since the crisis.

The controversial Senator from Massachusetts and her colleagues are trying to get taxpayers off the hook for losses that occur from derivatives trading.

With Hillary Clinton having nailed down the Democratic nomination for November’s election, speculation is running rampant about who she will pick to be her running mate.

The two Democrats have been in touch throughout the primary season and are planning to discuss tougher regulations for Wall Street.

A group of progressives who believe that Wall Street is not regulated enough has organized a coalition in hopes of getting stricter rules passed.

U.S. Senator Elizabeth Warren (D-Massachusetts) has shown in the past that she is not afraid to aggressively confront members of her own party on issues that she is passionate about.

Rep. Blaine Luetkemeyer (R-Missouri), a senior member of the House Financial Services Committee, told a group of bankers they need to “find a way to neuter” Sen. Elizabeth Warren (D-Massachusetts) and called her the "Darth Vader of the financial world."

During the debate, Florida Senator and GOP presidential hopeful Marco Rubio called Dodd-Frank an “outrage” that codified too big to fail instead of ending it as it set out to do, or claims to have done. Former Florida Governor Jeb Bush, now competing for the GOP presidential nomination, criticized the “vast overreach” of Dodd-Frank during Tuesday’s debate.

The investigation conducted by the two lawmakers found that repealing Section 716 of Dodd-Frank allows banks to keep nearly $10 trillion in swaps trades on the books that would be “pushed out” to entities that are not insured with taxpayer funds, if not for the Dodd-Frank rollback. Section 716 was intended to prevent taxpayer bailouts of federally-insured banks with risky swap holdings.

Senator Elizabeth Warren (D-Massachusetts) and Congressman Elijah Cummings (D-Maryland) sent letters on Tuesday to 16 financial institutions requesting detailed information regarding data breaches and seeking information about briefings from corporate IT officials, according to an announcement on Warren's web site.