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The Latest Breaking News from Elizabeth Warren

Katie Porter wants Dianne Feinstein’s Senate seat. What are her chances?

WASHINGTON — U.S. Rep. Katie Porter, the feisty congresswoman from Orange County, California, is running for Senate. But does anyone north of the Los Angeles area know who she is? Does she have a chance?

McClatchy Washington Bureau

White House directs FTC, CFPB to probe housing rental market practices

Landlords will face greater federal scrutiny from the Consumer Financial Protection Bureau, Federal Trade Commission and other agencies amid rapidly rising rents under a plan that President Joe Biden released Wednesday.

Tribune News Service

White House directs FTC, CFPB to probe housing rental market practices - Roll Call

The White House has directed the Consumer Financial Protection Bureau and the Federal Trade Commission to examine the housing rental market.

Roll Call

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Elizabeth Warren, Jamaal Bowman Want To Give Lina Khan the Power To Impose Rent Control on the Whole Country

Warren and fellow progressive Democrats have asked President Joe Biden to use the FTC, HUD, or maybe the FHFA to impose nationwide rent control.

Reason

Bank of America says the problem with Zelle transactions is resolved

The website Downdetector reported spikes in outages involving Bank of America and payment platform Zelle starting Wednesday morning.

WEKU

Longtime senator Dianne Feinstein reacts to Katie Porter’s newly announced California Senate bid

Katie Porter’s campaign announcement comes despite the fact Dianne Feinstein has not announced whether she will seek re-election

The Independent UK

Your employer shouldn’t be allowed to stop you working for its rivals, FTC argues

The Federal Trade Commission says the practice is harming competition within the labor market by preventing companies from hiring the best available talent.

Fortune

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Connecticut Employee Speech Protection Law Might Protect Warren-Not-Indian / Jenner-Not-Woman Meme

From Mumma v. Pathway Vet Alliance, LLC, decided Wednesday by Magistrate Judge Thomas Farrish (D. Conn.); for more on the employee free speech protection statutes such as the one in this case, see this article and this one: On the evening of June 9, 2020, Ms. Mumma posted a meme…

Reason

Politicians Who Supported $54 Billion in Airline Bailouts Now Pose as Industry Critics

Political criticism of Southwest's mass flight cancelations mask a cronyist relationship between government and the passenger airline industry.

Reason

Charity and Capitalism Are Better Than Government

When I was young, I assumed government would lift people out of poverty. But those policies often do more harm than good.

Reason

A 'kitchen sink' approach won't work for DeFi legislation

DeFi has unique pros and cons, and it requires unique oversight.

Fortune

America's Loose Ends in the Middle East

They say the U.S. is pivoting to other conflicts, but the Pentagon hasn't exactly left the Middle East and North Africa behind.

Reason

What's in Elizabeth Warren’s new crypto bill?

The money laundering-focused legislation could change the entire ecosystem.

Fortune

Elizabeth Warren sent a letter to Tesla’s board accusing Elon Musk of ‘unavoidable conflicts’ after buying Twitter

Warren also expressed her concern over how the carmaker’s board is dealing with Musk since he became Twitter’s CEO.

Fortune

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The Independent UK

Sen Elizabeth Warren warns Tesla board over Elon Musk’s Twitter moves

Mr Musk is under fire for his leadership of Twitter

The Guardian - US

Joe Kennedy III named as US economic envoy to Northern Ireland

Appointment of former congressman and grandson of Robert Kennedy comes amid transatlantic tension over post-Brexit trade

Reason

Elizabeth Warren's Crypto Bill Targets Financial Freedom, Not Fraud

Senator Warren wants to extend the financial surveillance state cooked up by drug warriors and anti-terrorism fearmongers to cryptocurrencies.

The Independent UK

Democrats question worker safety in Amazon warehouse rebuild

Several members of Congress want Amazon to explain why an Illinois warehouse that collapsed during a 2021 tornado, killing six employees, is being rebuilt without adding upgraded storm shelters

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Tribune News Service

FTX political contributions flowed to Texans in both parties in 2022 midterm elections

WASHINGTON — Two super PACs associated with disgraced cryptocurrency tycoon Samuel Bankman-Fried pumped more than $2.7 million into a Dallas congressional race, helping Democrat Jasmine Crockett top a crowded primary field and coast to election last month.

Roll Call

Lawmakers aim to deep-six Pentagon 'wish lists' - Roll Call

Lawmakers are seeking to end the Defense Department’s extensive use of unfunded priorities lists to increase the Pentagon’s budget.

The Independent UK

VIDEO FOR YOU: Senate Democrats take aim at cryptocurrency

EDITORS/NEWS DIRECTORS:

The Independent UK

Senate crypto hearing yields big claims, possible regulation

Whether increased regulation would have prevented the spectacular collapse of cryptocurrency exchange FTX was fiercely debated at a hearing of the Senate’s banking committee Wednesday

Fortune

Star-studded Senate hearing illustrates massive divide over crypto in D.C.

Without Sam Bankman-Fried in attendance, senators focused on the future of the volatile industry.

The Guardian - US

Warren pushes bipartisan bill to regulate crypto firms after FTX collapse

Move co-sponsored by Republican Roger Marshall aims to crack down on money laundering after arrest of Sam Bankman-Fried

Tribune News Service

Silvergate Capital faces questions from lawmakers amid FTX crypto exchange collapse

San Diego's Silvergate Capital made its name in recent years as one of a few traditional banks providing deposit, fund transfer, security and other services for the cryptocurrency trading market.

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