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The Latest Breaking News from Elizabeth Warren

Elizabeth Warren slams Powell for weak regulation, oversight of SVB

Senator Elizabeth Warren blasted Federal Reserve Chair Jerome Powell for “an astonishing list of failures” that contributed to the collapse of Silicon Valley Bank and Signature Bank in a letter to the Fed chief Wednesday.

Tribune News Service

Top GOPer: No need for tougher bank rule

Critics say Mike Crapo's law exempting SVB and others from stricter requirements led to collapse

Salon

Robin Abcarian: Reports of a rift between Kamala Harris and Elizabeth Warren play into Republican hands

There are so many ways to delegitimize a woman in politics: Attack her for the sound of her laughter, for shedding a tear on the campaign trail, for her choice of clothing, for being cranky with her staff or eating her salad with a comb.

Los Angeles Times

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Rep. Katie Porter comes to Northern California for Senate campaign: ‘I see Sacramento as distinct’

SACRAMENTO, Calif. — Southern California Senate hopeful Rep. Katie Porter, D-Irvine, made her first Sacramento-area campaign stop Wednesday at UC Davis — what she called “a little slice of heaven” — in an hour-long meet-and-greet with the Davis College Democrats.

Tribune News Service

Warren bill: Repeal "Trump's bank law"

Notably absent from the list of co-sponsors were Dems who helped Republicans usher the bill through Congress

Salon

Why Elizabeth Warren's Recommended Banking Strategy Is 'Boring'

The senator has a controversial take on risk.

The Street

Feds approve major railroad merger despite growing concerns over rail safety

Federal regulators have approved the $31 billion merger of Kansas City Southern railroad with Canadian Pacific.

Tribune News Service

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Lawmakers from both parties skeptical of legislation over SVB - Roll Call

President Biden's call for a legislative response to the SVB collapse is meeting skepticism from members of both parties on Capitol Hill.

Roll Call

How the last banking tumult fuels today's populist politics

Mike Pence and Bernie Sanders are hardly political allies

The Independent UK

Elizabeth Warren is among the furious politicians demanding SVB execs return their salaries, bonuses, and $84 million in stock sale profits

Sen. Elizabeth Warren says SVB execs should give back their salaries for “facilitating a near-economic disaster.”

Fortune

Barney Frank got paid by Signature Bank

Rep. Barney Frank pushed to water down Dodd-Frank law after getting $1 million from bank that collapsed

Salon

Elizabeth Warren Takes Shots at Her Favorite Punching Bag

The Senator's beef with this man has been ongoing.

The Street

"Woke" billionaires, same as old ones

Ignore GOP hype about the "liberal" tech industry — reckless, entitled libertarianism is what fuels Silicon Valley

Salon

Political blame game erupts over SVB failure

Each side is seizing on the themes already animating their economic message heading into 2024.

Axios

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Fortune

Elizabeth Warren knows exactly why Silicon Valley Bank failed—and who should pay

SVB CEO Greg Becker himself was one of many voices advocating for Dodd-Frank to be loosened. Oops.

Reason

How the Fed Broke Silicon Valley Bank

The Fed's anti-inflation measures had to hurt someone.

The Independent UK

Kamala Harris isn’t returning Elizabeth Warren’s calls after VP slight, report says

Democrats’ consternations about strength of Biden’s 2024 ticket are opening old wounds

Chicago Sun-Times

Progressive firebrand Elizabeth Warren endorses Brandon Johnson in April 4 runoff

Warren tweeted her endorsement of Johnson to her 5.9 million followers. But her greatest value to Johnson is in consolidating his progressive base and boosting turnout that was just over 35% on Feb. 28.

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The Street

Jim Cramer Has a Solution to Get Inflation Under Control

But the answer will require some major sacrifice.

Fortune

The billionaire cofounder of Home Depot compares the Fed to ‘the gang that can’t shoot straight’ and says the coming crash is ‘not going to be pretty’

“My problem with the Fed, overall, is there’s too many academics in the mix,” Ken Langone said Wednesday.

Tribune News Service

Senate votes to overturn DC criminal code changes

WASHINGTON — The Senate cleared a disapproval resolution Wednesday to block a District of Columbia bill that would have overhauled the criminal code, sending it to President Joe Biden’s desk.

Roll Call

Senate votes to overturn DC criminal code changes - Roll Call

The Senate cleared a measure Wednesday to nullify a controversial D.C. law, sending it to President Joe Biden for his expected signature.

Axios

Two testy exchanges show Fed's inflation dilemma

The two unusually fiesty exchanges were a preview of what is likely to be a key dynamic.

WEKU

Federal Reserve Chair Jerome Powell warns inflation fight will be long and bumpy

Speaking before the Senate Banking Committee, Powell warned the central bank may have to raise interest rates even more, sending stock markets sharply lower.

The Street

Elon Musk Responds to a Proposed Date With AOC

The centrist-leaning-conservative CEO of Tesla and the standard bearer of the Democratic Party progressives regularly clash on Twitter. Now what?

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