Sen. Elizabeth Warren pushes Fed Chair Powell to cut ‘astronomical’ rates, ease housing pressure
Sen. Elizabeth Warren, D-Mass., and three other Democratic lawmakers are pushing Federal Reserve Chairman Jerome Powell to lower interest rates…
Senators ask Pentagon for answers on SpaceX’s Starlink service in Ukraine
WASHINGTON — Three Democratic members of the Senate Committee on Armed Services have asked the Pentagon for information about SpaceX CEO…
The American banking landscape is on the cusp of a seismic shift. Expect more pain to come
The whirlwind weekend in late April that saw the country’s biggest bank take over its most troubled regional lender marked…
Sens. Warren, Booker grill failed retailer Bed Bath & Beyond over allegedly denying severance
WASHINGTON — Home goods retailer Bed Bath & Beyond is facing scrutiny from Democratic lawmakers for allegedly evading severance pay…
Lawmakers led by Democrats urge the Fed to halt rate hikes ahead of Wednesday’s announcement
WASHINGTON — A group led by several prominent Democratic lawmakers is calling on the Federal Reserve to halt rate hikes…
Lawmakers praise First Republic sale, but efforts to pass new bank rules are fizzling
WASHINGTON — Lawmakers who sit atop key banking committees praised the federal takeover of First Republic Bank on Monday, and…
Op-ed: ESG investing and 2018 change in bank laws didn’t cause Silicon Valley Bank to collapse, says former Sen. Heitkamp
Heidi Heitkamp is a former Democratic senator from North Dakota, and currently serves as director of the University of Chicago’s…
U.S. lawmakers to examine merits of higher FDIC bank deposit insurance cap
Four prominent U.S. lawmakers on banking matters said on Sunday they would consider whether a higher federal insurance limit on…
Warren unveils bill to repeal Trump-era bank deregulation she says led to SVB, Signature collapses
WASHINGTON — A group of Democratic senators introduced new legislation Tuesday to repeal Trump-era bank deregulations they say created the…
