Twitter filed a request to subpoena communications between Sen. Elizabeth Warren (D-Mass.) and the U.S. Securities and Exchange Commission (SEC) and Federal Trade Commission (FTC), escalating a legal battle surrounding the social media company’s human resource practices after Elon Musk bought out the company. Twitter’s subpoena request comes as a response to a letter Ms. […]
The funding stream for the Consumer Financial Protection Bureau (CFPB), created by Congress and approved by then-President Barack Obama in 2008, is unconstitutional, a U.S. appeals court ruled on Oct. 19. The bureau, which has a mission to implement and enforce federal consumer finance law, was given the power to oversee 18 federal laws, ranging from […]
Tesla Chief Executive Officer Elon Musk on Sunday said that he will pay more than $11 billion in taxes this year after Sen. Elizabeth Warren (D-Mass.) called on him to stop “freeloading off everyone else.” “For those wondering, I will pay over $11 billion in taxes this year,” Musk wrote on Twitter. Musk’s post came after Warren […]
Two senators, who are both vaccinated and boosted, have reported testing positive for COVID-19 while suffering only mild symptoms from the disease on Sunday. Sen. Elizabeth Warren announced her breakthrough case, given her fully vaccinated status including boosters, on Twitter. “I regularly test for COVID & while I tested negative earlier this week, today I […]
Three Democratic senators on Tuesday unveiled proposed legislation that would require roughly 200 U.S. companies to pay a minimum 15 percent tax rate The proposal, called “The Corporate Profits Minimum Tax” is sponsored by senators Elizabeth Warren (D-Mass.), Angus King (I-Maine), and Senate Finance Committee Chair Ron Wyden (D-Ore.) and co-sponsored by senators Michael Bennet (D-Colo.), Edward […]
Senator Elizabeth Warren (D-Mass.) unveils her new wealth tax proposal. Find out how it works and what high-ranking person thinks it isn’t feasible. New York is allowing wedding receptions to take place again, but the restrictions will have you thinking twice about going to the party. Mississippi wants to phase out its individual income tax, […]
President-elect Joe Biden has announced several new picks for top administration posts—including two allies of Senator Elizabeth Warren for heading the consumer protection agency CFPB and the SEC. The progressive appointments could be a sign that more aggressive regulation of big business is in the pipeline.
Although the structure of the Consumer Financial Protection Bureau (CFPB), formed in the wake of the 2008 financial crash, is unconstitutional, the powerful agency may continue to exist under new rules, a divided Supreme Court ruled this morning.
Sen. Elizabeth Warren (D-Mass.), once a top Democratic presidential contender, on Wednesday endorsed former Vice President Joe Biden for the presidency. Biden, 77, is the presumptive Democratic nominee after the only rival left in the field, Sen. Bernie Sanders (I-Vt.), ended his campaign last week. Warren, 70, announced her endorsement in a statement on social […]
The Working Families Party endorsed Sen. Bernie Sanders on Monday, less than a week after its first choice, Sen. Elizabeth Warren, dropped out the Democratic presidential race.
The announcement comes on the eve of another round of crucial Tuesday primaries, including a do-or-die contest in Michigan, a state that Sanders won in 2016 and Democrats are desperate to reclaim from President Donald Trump this November. WFP leadership decided to back Sanders — and make the argument to Warren loyalists that they should do the same — after it became clear that the nominating contest would come down to either him or former Vice President Joe Biden.
Two days after she underwhelmed during the pivotal Super Tuesday contests, Sen. Elizabeth Warren (D-Mass.), once a top contender for the Democratic Party nomination, announced she is suspending her campaign, months after polls showed her performing well nationwide. “I want to start with the news. I want all of you to hear it first, and […]
The campaign of Sen. Bernie Sanders (I-Vt.) said the Democratic presidential candidate will cancel a rally in Iowa on Wednesday due to his obligations during the Senate impeachment trial, which is slated to begin in earnest Tuesday. The campaign of Sen. Bernie Sanders (I-Vt.) announced the Democratic presidential candidate will cancel a rally in Iowa […]
Senator Elizabeth Warren on Tuesday announced a plan to roll back provisions in a 2005 bankruptcy law, reviving a debate she had 15 years ago with Joseph R. Biden Jr., a United States senator at the time, over consumer protections and the credit card industry.
Former Obama administration cabinet secretary Julian Castro endorsed Sen. Elizabeth Warren (D-Mass.) for president four days after he dropped out of the 2020 race. “Today I’m proud to endorse @ewarren for president. Elizabeth and I share a vision of America where everyone counts. An America where people—not the wealthy or well-connected—are put first. I’m proud […]
