Elizabeth Warren

Elizabeth Warren News

  • Banker Trade Deals, Price-Fixing, U.K. Banks: Compliance

    Updated 2 hours, 26 minutes ago

    U.S. bankers and insurers are trying to use trade deals, which can trump existing legislation, to weaken parts of the Dodd-Frank Act designed to prevent a repeat of the 2008 financial crisis.

  • Wall Street Seeks Dodd-Frank Changes Through Trade Talks

    Updated 1 hour, 20 minutes ago

    U.S. bankers and insurers are trying to use trade deals, which can trump existing legislation, to weaken parts of the Dodd-Frank Act designed to prevent a repeat of the 2008 financial crisis.

  • Senate Leaders Millionaires in Financial-Disclosure Data

    Updated 2 hours, 31 minutes ago

    Senate Majority Leader Harry Reid and Minority Leader Mitch McConnell reported their net worth in the millions of dollars as the U.S. Senate released personal financial disclosure reports for its members.

  • Court Ruling Puts Cloud Over Consumer Agency as Work Slows

    Updated 2 hours, 23 minutes ago

    A court ruling that cast doubt on the authority of its director has hampered the U.S. Consumer Financial Protection Bureau, slowing some enforcement, impeding recruitment of a second-in-command and delaying joint ventures with the states, people briefed on the agency’s work said.

  • AIG Judge Asks If U.S. Scared Board From Starr Lawsuit

    A federal judge expressed “concern” that the U.S. scared off American International Group Inc. from joining a lawsuit by Maurice “Hank” Greenberg, its former chairman, challenging the insurer’s 2008 federal bailout.

  • Goldman Sachs Wins Even When Muzzled by the Feds

    Almost three years ago, when Goldman Sachs Group Inc. paid $550 million to settle fraud accusations by the Securities and Exchange Commission, one of the claims was that Goldman misled the bond-insurer ACA Financial Guaranty Corp. in a horribly complex deal named Abacus.

  • Warren Questions U.S. Agencies on Lack of Bank Trials

    U.S. Senator Elizabeth Warren has questioned three more federal agencies’ enforcement practices by asking if they’ve studied the costs of favoring settlements with big financial firms over taking them to trial.

  • Cordray Consumer Bureau Nomination to Get Senate Vote Next Week

    The U.S. Senate will vote next week on whether to advance Richard Cordray’s confirmation to lead the Consumer Financial Protection Bureau, according to Adam Jentleson, a spokesman for Senate Majority Leader Harry Reid.

  • Senate Democrats Urge Delay in Student Loan Rate Increase

    U.S. Senate Democrats today called for a two-year postponement of a scheduled increase in the interest rate charged on education loans to millions of college students.

  • Private Student Debt Refinancing Could Help Economy, CFPB Says

    Allowing consumers to refinance private loans with public funds is one option for alleviating the burden of college debt on the U.S. economy, the Consumer Financial Protection Bureau said in a report.

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