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Elizabeth Warren

All articles tagged with #elizabeth warren

Flanagan’s Native-Senate push rekindles Warren ancestry controversy
politics13 days ago

Flanagan’s Native-Senate push rekindles Warren ancestry controversy

Minnesota Democrat Peggy Flanagan, an Ojibwe member of the White Earth Nation, uses a fundraising email to frame her U.S. Senate bid as a bid to elect the first Native American woman in the Senate, touting Elizabeth Warren as an endorser. The move brings back attention to Warren’s past Native-identity claims, which she has since walked back, triggering conservative criticism and social-media commentaries. Neither Flanagan’s campaign nor Warren’s office immediately commented on the claims.

via Fox News|
#elizabeth-warren#minnesota-senate#native-american-representation
Warren Endorses El-Sayed, Deepening Rift with Schumer in Michigan Senate Race
politics1 month ago

Warren Endorses El-Sayed, Deepening Rift with Schumer in Michigan Senate Race

Sen. Elizabeth Warren endorsed Abdul El-Sayed in Michigan’s Democratic Senate race, breaking with Senate Minority Leader Chuck Schumer who backs Haley Stevens and highlighting a widening clash between progressive and establishment wings of the party as El-Sayed promotes anti-corporate money, Medicare-for-all, and grassroots organizing, with support from Bernie Sanders and Alexandria Ocasio-Cortez.

via Fox News|
#abdul-el-sayed#chuck-schumer#democratic-party-rift
Warren confronts Warsh over ethics in fiery Fed hearing
politics1 month ago

Warren confronts Warsh over ethics in fiery Fed hearing

At a Capitol Hill hearing, Sen. Elizabeth Warren pressed Federal Reserve Chair Kevin Warsh about whether he questioned a colleague regarding a bankers’ meeting that could violate Fed rules, calling the tone “inviting corruption.” Warsh said the matter is under investigation by the Fed inspector general and declined to comment further beyond acknowledging Warren’s letter. Warren also pressed about who gave Warsh $100 million before he was sworn in; Warsh denied any improper funding. Warsh noted his commitment to ethics and noted past ties to investor Stanley Druckenmiller, while defending his handling of the Bowman blackout-period issue. The exchange spotlighted ongoing scrutiny of ethics and transparency at the Fed.

via CNN|
#blackout-period#elizabeth-warren#ethics
Warren grills Warsh over alleged corruption in tense Senate hearing
politics1 month ago

Warren grills Warsh over alleged corruption in tense Senate hearing

Sen. Elizabeth Warren aggressively questioned Federal Reserve Chair Kevin Warsh during a Senate Banking Committee hearing, accusing him of corruption tied to a reported $100 million asset divestment before he took office and pressing for details on who financed it. Warsh defended his compliance with ethics rules, while the exchange also touched on a potential blackout-period issue involving Fed Vice Chair Michelle Bowman. The session also featured Warsh stressing AI’s broad economic impact.

via New York Post|
#corruption#elizabeth-warren#federal-reserve
Warren questions Dimon on Epstein ties as new files surface
business1 month ago

Warren questions Dimon on Epstein ties as new files surface

Senator Elizabeth Warren pressed JP Morgan CEO Jamie Dimon for clarification on the bank’s contacts with Jeffrey Epstein after newly released Epstein files suggested Dimon discussed the matter; Warren’s letter cites a 2009 email in which Epstein allegedly asked former minister Mandelson whether Dimon should lobby UK Chancellor Darling, with Mandelson reportedly advising to “mildly threaten.” Dimon has repeatedly said he never met Epstein, and JP Morgan says it ended its relationship with Epstein in 2013 and that Dimon was not involved in any decisions about his account; the documents and statements have renewed scrutiny of the bank’s links to Epstein and what Dimon or the firm knew about his activities.

via The Guardian|
#banking-regulation#business#elizabeth-warren
Trump backs Senate crypto bill in Graham’s name, while Warren calls for robust guardrails
politics1 month ago

Trump backs Senate crypto bill in Graham’s name, while Warren calls for robust guardrails

Trump urged the Senate to pass the Clarity Act to regulate cryptocurrency, calling it in honor of Lindsey Graham and warning against foreign influence; Sen. Elizabeth Warren countered that ethics guardrails are needed to prevent the president and top officials from profiting from crypto, citing Trump’s past crypto ventures. Sen. Cynthia Lummis endorsed the push, and Graham is viewed as a supporter of related crypto legislation, while the White House says actions are in the public interest and denies conflicts of interest.

via Yahoo Finance|
#clarity-act#cryptocurrency#elizabeth-warren
Pressure grows to sign housing bill as prices hit a record high
politics1 month ago

Pressure grows to sign housing bill as prices hit a record high

As U.S. housing costs reach an all-time high, lawmakers urge President Trump to sign the bipartisan ROAD to Housing Act, which would curb large investors buying single-family homes, streamline NEPA reviews, and fund grants to boost housing; Trump’s refusal to sign—paired with calls from Warren, Klobuchar, and Pappas—has sparked renewed outrage even as the National Association of Realtors reports a record $440,600 median existing-home price.

via Common Dreams|
#amy-klobuchar#chris-pappas#donald-trump
Warren presses Eric Trump on whether Capital One suit will be revived amid CFPB probe
politics1 month ago

Warren presses Eric Trump on whether Capital One suit will be revived amid CFPB probe

Sen. Elizabeth Warren asks Eric Trump to confirm if the Trump family will re-file its Capital One de-banking lawsuit by the July deadline as part of a Senate Banking Committee inquiry into Capital One and CFPB nominee Brian Johnson; the suit, which Capital One denies, previously was dismissed but allowed a July deadline to re-file, with the July 17 date referenced; Warren’s questions also touch on Johnson’s role in a Biden-era Capital One action and the CFPB’s staffing declines under the current administration.

via New York Post|
#capital-one#cfpb#debanking
Warren Demands Transparency From PE Firms Over Data Center Investments
business2 months ago

Warren Demands Transparency From PE Firms Over Data Center Investments

Sen. Elizabeth Warren, the ranking member on the Senate Banking Committee, sent letters to BlackRock, Blackstone, Brookfield Infrastructure Partners and KKR seeking detailed information on their data-center investments, including changes to financial structures and operations, as well as any overlaps with energy utilities. She asks for documentation on regulatory risk mitigation and assurances that their footprint in energy supply and demand won’t drive higher consumer costs. Respondents have declined comment or not yet replied. The move highlights mounting political scrutiny of data centers amid AI growth and rising energy prices.

via Axios|
#business#data-centers#elizabeth-warren
Warren Urges SEC to Hit Pause on SpaceX IPO Amid Valuation and Governance Concerns
business2 months ago

Warren Urges SEC to Hit Pause on SpaceX IPO Amid Valuation and Governance Concerns

Sen. Elizabeth Warren asks the SEC to delay SpaceX's Nasdaq IPO, citing potential valuation inaccuracies and a governance structure where Elon Musk holds multiple leadership roles with outsized voting power. She warns the move could harm ordinary investors and retirement accounts, noting the target valuation of about $1.75 trillion and potential benefits for insiders, amid concerns about the company’s recent xAI merger and Musk’s public comments affecting valuation.

via Gizmodo|
#business#elizabeth-warren#elon-musk
Huang declines Warren’s invite to testify on AI policy
technology2 months ago

Huang declines Warren’s invite to testify on AI policy

Nvidia CEO Jensen Huang declined Sen. Elizabeth Warren’s request to testify at a Senate Banking Committee AI hearing, saying he cannot attend but offering to host her at Nvidia’s Santa Clara headquarters to discuss U.S. leadership in AI, Nvidia’s China business, and export controls; the hearing will examine AI’s role in innovation, affordability and competitiveness, with other witnesses and ongoing export-control policy debates.

via NBC News|
#ai-policy#elizabeth-warren#export-controls
politics3 months ago

Warren–Waters Rift Tests Democratic Housing Push

Elizabeth Warren and Maxine Waters, longtime Democratic allies on economics, are clashing over how to frame the biggest housing reform in decades: Warren backs a Senate bill restricting Wall Street’s housing investments, while Waters cut a more industry-friendly deal in the House. The House bill passed; the Senate’s path is uncertain as leadership on both sides push different versions, with White House backing the House after last-minute changes. The dispute centers on private equity rules and built-to-rent provisions, illustrating a broader Capitol Hill rift as lawmakers seek to boost housing affordability.

via Politico|
#congress#elizabeth-warren#housing-bill
Bezos Frames Melania Doc as Smart Business Move, Not Influence Play
business3 months ago

Bezos Frames Melania Doc as Smart Business Move, Not Influence Play

Bezos tells CNBC the Amazon MGM Studios deal to acquire and release Melania was a smart business decision and denies it was a way to buy influence with the Trump administration, stating he had nothing to do with it. Amazon MGM paid about $40 million to acquire the film and $35 million to market it; Melania has performed well theatrically and on streaming, grossing roughly $16.6 million worldwide. Critics like Senator Elizabeth Warren have questioned potential pay-to-play implications, while Amazon defended the deal as a competitive licensing process. Bezos also commented on Trump’s presidency during the interview, saying he hopes to work with future administrations.

via Variety|
#amazon-mgm-studios#business#elizabeth-warren