Senator Elizabeth Warren has called for stricter banking regulations in response to the recent collapse of two banks. She believes that lifting the Federal Deposit Insurance Corporation's (FDIC) insurance cap from its current $250,000 limit should be considered, and has criticized Federal Reserve Chair Jerome Powell for failing to do his job. Warren's proposal would require regulators to do their jobs and protect consumers from banks that are under-regulated.
Posts tagged as “Elizabeth Warren”
House Speaker Kevin McCarthy (R-Calif.) has granted Fox News host Tucker Carlson exclusive access to 40,000-plus hours of security footage from the Capitol building, prompting concern from Sen. Elizabeth Warren (D-MA) who called it a "reckless move" and a threat to the security of the building and its occupants. Carlson has already declared the footage confirms his prior view that the horde of Donald Trump supporters acted peaceably on Jan. 6, 2021, to which Warren responded, "But that's pretty much par for the course for Tucker Carlson."
The Supreme Court has agreed to review a case that could have a major impact on the Consumer Financial Protection Bureau (CFPB). The case centers around the Appropriations Clause of the Constitution, which states that "no money shall be drawn from the Treasury, but in consequence of appropriations made by law." The CFPB was created in the wake of the 2008 financial crisis and its regulations are now at risk of being overturned by the Supreme Court. The court is expected to hear the case in the spring of 2021.
A federal judge has dismissed the lawsuit brought by former Florida state attorney Andrew Warren against Governor Ron DeSantis for suspending him last year. The judge ruled that the suspension violated Warren's free speech rights, but that he could not reverse the state-level suspension due to federal law. Warren will now have to plead his case to the Republican-controlled Florida Senate, which has the final say on whether to permanently remove him from office.
Tetsuya Yamagami has been formally charged with murder and firearms charges for the assassination of former Japanese Prime Minister Shinzo Abe. He was arrested at the scene and underwent a six-month mental evaluation to determine his fitness to stand trial. The trial is expected to begin soon, and Abe's death has been met with shock and sadness throughout the country.
Japanese prosecutors are expected to charge Tetsuya Yamagami with murder and gun control law violations on Friday for the assassination of former Prime Minister Shinzo Abe in July. Yamagami was arrested at the scene and has since undergone a five-month mental evaluation. The trial is expected to be closely watched by the public as Abe's death has sparked a debate about gun control.
Sen. Elizabeth Warren (D-MA) has endorsed Rep. Katie Porter (D-CA) in her bid to run for the U.S. Senate in 2024. Warren, who has known…