US Politics in Trump era Public date: 19.09.2019 21:40:40

22 Apr 2019

‘A Really Exciting Proposal’: Elizabeth Warren’s Education Overhaul Would Wipe Out Student Debt, Provide Free Public College

Elizabeth Warren wants to cancel part or all student loan debt for 95 percent of Americans and make public college free for everyone—the latest, and perhaps most ambitious, policy proposal for the 2020 Democratic contender.  Warren announced the policy in a Medium post Monday morning.
Elizabeth Warren wants to cancel part or all student loan debt for 95 percent of Americans and make public college free...
18 Apr 2019

Elizabeth Warren Makes Big Move on Climate Policy

One of America’s major political parties may not yet be willing to acknowledge that climate change is real, but it is already having significant effects on the U.S. military. Flooding in Nebraska and a hurricane in Florida that damaged military installations led to a recent Pentagon request of $5 billion in relief money. Now Sens. Elizabeth Warren, D-Mass., and Jack Reed, D-R.I., are calling on the Government Accountability Office to assess military contractors’ vulnerability to climate risks.
One of America’s major political parties may not yet be willing to acknowledge that climate change is real, but...
13 Apr 2019

Elizabeth Warren Wants to Tax Corporations on the Profits They Claim Publicly

Sen. Elizabeth Warren is unveiling a new way to tax corporations: Take them at their word. Due to the vagaries of American corporate accounting, companies routinely tell investors on conference calls that they made billions in profit over the previous quarter, then turn around and tell the IRS that, actually, they made no money at all, so they don’t owe any taxes. Warren’s plan would tax those companies on the profits they claim publicly.
Sen. Elizabeth Warren is unveiling a new way to tax corporations: Take them at their word. Due to the vagaries of...
9 Feb 2019

New Bank Law Is Already Making Banks Bigger

The proposed $28 billion merger announced Thursday between large regional banks SunTrust and BB&T is the biggest banking tie-up since the financial crisis, creating what would become the nation’s sixth-largest bank. And it’s a direct result of actions taken by the Trump administration and the bipartisan group of lawmakers who passed a bank deregulation bill in 2018.
The proposed $28 billion merger announced Thursday between large regional banks SunTrust and BB&T is the biggest...

Publisher: The Guardian

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16 Aug 2018

Elizabeth Warren unveils bold new plan to reshape American capitalism

Elizabeth Warren, the Massachusetts senator tipped as a Democratic presidential candidate in 2020, has unveiled new plans for legislation aimed at reining in big corporations, redistributing wealth, and giving workers and local communities a bigger say.
Elizabeth Warren, the Massachusetts senator tipped as a Democratic presidential candidate in 2020, has unveiled new...
19 May 2017

Steven Mnuchin Goes Through the Looking Glass-Steagall in Strange Exchange With Elizabeth Warren

Sen. Elizabeth Warren had a confounding exchange with Treasury Secretary Steven Mnuchin at a Senate Banking Committee hearing today. Mnuchin indicated that the Trump administration supports a 21st  century version of the Glass-Steagall Act, except for the part about separating commercial and investment banks, which is substantially what is meant by Glass-Steagall.
Sen. Elizabeth Warren had a confounding exchange with Treasury Secretary Steven Mnuchin at a Senate Banking...
9 Feb 2017

Republicans vote to rebuke Elizabeth Warren, saying she impugned Sessions’s character

In an extraordinarily rare move, Senate Majority Leader Mitch McConnell interrupted Warren's speech, saying she had breached Senate rules by reading past statements against Sessions from the late senator Edward M. Kennedy (D-Mass.) and the late Coretta Scott King.
In an extraordinarily rare move, Senate Majority Leader Mitch McConnell interrupted Warren's speech, saying she had...
31 Oct 2016

Money Manager Thinks “High-Decibel” Elizabeth Warren Doesn’t Know Her Place

Roger Lowenstein, the journalist-turned-chairman of the Sequoia mutual fund, criticizes Warren, “the nation’s unelected regulatory czar,” for being too outspoken about the financial industry. Lowenstein is the director of a mutual fund, which stands to lose significant market share if investors leave for index funds. So his hit job on Elizabeth Warren has the dual purpose of lobbying a regulatory agency to protect his business.
Roger Lowenstein, the journalist-turned-chairman of the Sequoia mutual fund, criticizes Warren, “the nation’s...
15 Sep 2016

Elizabeth Warren Asks Newly Chatty FBI Director to Explain Why DOJ Didn’t Prosecute Banksters

Like many Americans, Sen. Elizabeth Warren wants to know why the DOJ hasn't criminally prosecuted anyone responsible for the 2008 financial crisis. On Thursday, Warren released two highly provocative letters demanding some explanations. One is to DOJ Inspector General Michael Horowitz, requesting a review of how federal law enforcement managed to whiff on all 11 substantive criminal referrals submitted by the Financial Crisis Inquiry Commission (FCIC), a panel set up to examine the causes of the 2008 meltdown
Like many Americans, Sen. Elizabeth Warren wants to know why the DOJ hasn't criminally prosecuted anyone responsible for...

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