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The Latest Breaking News from Elizabeth Warren

CEO pay again in focus as the heads of failed banks appear before Senate panel

The recent failures of a trio of midsize banks has once again raised questions on whether executive compensation is tilted toward short-term gains rather than companies' long-term health

The Independent UK

Bipartisan interest in new deposit insurance cap, but for whom? - Roll Call

Lawmakers are talking about raising the deposit insurance cap, but don't have consensus about how to do it.

Roll Call

Berkeley professor apologizes for false Indigenous identity

An anthropology professor at the University of California, Berkeley, whose identity as Native American had been questioned for years has apologized for falsely identifying as Indigenous, saying she is “a white person” who lived an identity based on family lore

The Independent UK

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Short Circuit: A Roundup of Recent Federal Court Decisions

Amazon's algorithm, involuntary commitment, and anti-malaria medicine.

Reason

Elizabeth Warren says U.S. taxpayers will have to foot the bill if JPMorgan ‘stumbles’ after First Republic buyout

The Democratic senator raised concerns about the deal reigniting the “too big to fail” problem.

Fortune

First Republic Bank collapses, seized

"Ultimately taxpayers will be on the hook," Sen. Elizabeth Warren warned

Salon

US nuclear weapons modernization plan spurs cost questions

The U.S. agency that oversees the nation's nuclear arsenal is moving ahead with plans to modernize production of key components that trigger the weapons

The Independent UK

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Warren: Hundreds of former feds working for defense corporations - Roll Call

Nearly 700 former top federal civilian officials, generals and admirals now work for major defense contractors, according to a Senate report.

Roll Call

Ron DeSantis is flaming out – and Trump is on course for a Republican coronation

The Florida governor’s flaws are glaringly apparent. Right now, it’s hard to see the nominee as anyone other than Trump

The Guardian - US

Kevin McCarthy sucks up to Wall Street

"Republicans' budget cuts could throw 720,000 to over 2.5 million Americans out of work," Elizabeth Warren warns

Salon

5 policies that could make future bank failures less likely or severe

The abrupt failures of Silicon Valley Bank and Signature Bank and subsequent concerns about the stability of other banks have reignited a fierce debate among lawmakers, the financial industry, the Biden administration and former government officials about an array of banking reforms and regulatory changes.

The Conversation

Wealth Taxes Won't Work

It's neither a new idea nor a good one.

Reason

How some WH hopefuls inflate their fundraising success

Long before ballots are tallied and reliable polls are conducted, one of the earliest ways to gauge the popularity of presidential candidates is with dollars

The Independent UK

The centrist plan to sabotage Biden

Centrist groups like No Label seek to undermine President Biden's re-election. Do they secretly want Donald Trump?

Salon

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The Independent UK

Progressives focus on local-level wins to counter setbacks

For many progressives, the past decade has been littered with disappointments

Reason

Elizabeth Warren Wants the Government To Save Batgirl

Companies make decisions all the time, some of them regrettable and unfortunate, that shouldn't be any of the government's business.

Fortune

Jeremy Grantham says Warren Buffett’s favorite corporate tactic facilitates ‘stock manipulation’ and hurts the economy

Warren Buffett called critics of stock buybacks "illiterate" in his annual shareholder letter. But now he's facing a new critic who is anything but: hedge funder Jeremy Grantham.

Fortune

What to know about using a Medicare broker to find the best coverage for you

Before hiring a Medicare broker it’s important to understand how they work, how they get paid, and how to separate the best from the rest.

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Multichannel News

Members of Congress Urge Review of Discovery-WarnerMedia Merger

Sen. Elizabeth Warren, Rep David Cicilline lead group highlighting effect on jobs and competition in the industry and reduced choice for media consumers

Salon

Sanders: "We must break up Big Ag"

Progressives question Cal-Maine Foods' claim that an avian flu outbreak is to blame for soaring egg prices

Birmingham Post

Marlish Waters switches Northumberland farm factory to all renewable power

The family run business expects to launch new products in the next few months

Los Angeles Times

Michael Hiltzik: How Trump's frenzy of deregulation killed Silicon Valley Bank

Late in 2018, two Trump-appointed banking regulators, Federal Reserve Vice Chair Randal Quarles and FDIC Chair Jelena McWilliams, went on a nationwide tour to meet with regional bank examiners.

Fortune

The curious tale of Elizabeth Warren and the short-seller

There is a juicy rumor in Washington, D.C., that Sen. Warren's crypto policy has been informed by a short-seller. But is it true?

The Independent UK

California's Newsom starts tour to boost red-state Democrats

California Gov. Gavin Newsom has launched a new political action committee to boost Democrats in Republican states

Zenger

Biden Eyes New Regulations As Congress Dives Into Silicon Valley, Signature Bank Failures

President Joe Biden is expected to tighten regulations on banks, prompted by the biggest banking collapse since the 2008 crisis

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