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The Latest Breaking News from Elizabeth Warren

Does announcing for president on Twitter prove Ron DeSantis is too online?

WASHINGTON — Florida Gov. Ron DeSantis' presidential announcement Wednesday — a glitchy live broadcast on Twitter — was the latest example of the Republican candidate's all-out effort to court his party's most online activists.

Los Angeles Times

Sen. Elizabeth Warren Advises FCC to Keep Vetting Standard General-Tegna

Massachusetts Democrat signals that the public interest demands no less

Broadcasting & Cable

Elizabeth Warren Makes a Major Move to Crack Down on the Fed and Bank Execs

A U.S. Senate bipartisan take : big bank executives don’t belong at Federal Reserve.

The Street

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Big Tech Advances While Dow Jones Lags; Chip Stocks And FAANG Ignore Debt-Ceiling Deadline

FAANG favorite Netflix rocketed higher after announcing the ad-supported tier had reached 5 million global users.

Investors Business Daily

Democrats to urge Biden to use 14th amendment powers to avert ‘global economic catastrophe’

Senators including Elizabeth Warren and Bernie Sanders argue in letter that Republicans are not negotiating ‘in good faith’

The Guardian - US

Former SVB head draws outrage at hearing on US bank failures

New York (AFP) - Executives from two failed US banks faced tough questioning Tuesday as senators railed against the lenders' risk management practices and lofty executive pay.

AFP

Elizabeth Warren Calls Out Boeing, Lockheed Martin for Disturbing Reason

The progressive senator is trying to put a stop to a common practice with potentially dreadful results.

The Street

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CEO pay again in focus as the heads of failed banks appear before Senate panel

The recent failures of a trio of midsize banks has once again raised questions on whether executive compensation is tilted toward short-term gains rather than companies' long-term health

The Independent UK

Jamie Dimon Calls 911 on Short Sellers

The JP Morgan CEO is not kidding around when it comes to his bank.

The Street

Sen. Warren Calls Out U.S. Banks Over Controversial Practice

Seven U.S. senators want answers about a common practice that harms consumers.

The Street

Bipartisan interest in new deposit insurance cap, but for whom? - Roll Call

Lawmakers are talking about raising the deposit insurance cap, but don't have consensus about how to do it.

Roll Call

Wells Fargo Under Fire Again With More Legal Problems

The San Francisco-based bank has paid several settlements over claims of various improper banking practices.

The Street

Berkeley professor apologizes for false Indigenous identity

An anthropology professor at the University of California, Berkeley, whose identity as Native American had been questioned for years has apologized for falsely identifying as Indigenous, saying she is “a white person” who lived an identity based on family lore

The Independent UK

Short Circuit: A Roundup of Recent Federal Court Decisions

Amazon's algorithm, involuntary commitment, and anti-malaria medicine.

Reason

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Investors Business Daily

Bank Crisis: Bankers Call For Probe Into Short Sellers. Elizabeth Warren Wants Answers From First Republic.

The ABA called for a probe into short sellers profiting off the bank crisis. Sen. Warren wants answers from First Republic executives.

Fortune

Elizabeth Warren says U.S. taxpayers will have to foot the bill if JPMorgan ‘stumbles’ after First Republic buyout

The Democratic senator raised concerns about the deal reigniting the “too big to fail” problem.

Salon

First Republic Bank collapses, seized

"Ultimately taxpayers will be on the hook," Sen. Elizabeth Warren warned

The Independent UK

US nuclear weapons modernization plan spurs cost questions

The U.S. agency that oversees the nation's nuclear arsenal is moving ahead with plans to modernize production of key components that trigger the weapons

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Roll Call

Warren: Hundreds of former feds working for defense corporations - Roll Call

Nearly 700 former top federal civilian officials, generals and admirals now work for major defense contractors, according to a Senate report.

The Guardian - US

Ron DeSantis is flaming out – and Trump is on course for a Republican coronation

The Florida governor’s flaws are glaringly apparent. Right now, it’s hard to see the nominee as anyone other than Trump

Salon

Kevin McCarthy sucks up to Wall Street

"Republicans' budget cuts could throw 720,000 to over 2.5 million Americans out of work," Elizabeth Warren warns

The Conversation

5 policies that could make future bank failures less likely or severe

The abrupt failures of Silicon Valley Bank and Signature Bank and subsequent concerns about the stability of other banks have reignited a fierce debate among lawmakers, the financial industry, the Biden administration and former government officials about an array of banking reforms and regulatory changes.

Reason

Wealth Taxes Won't Work

It's neither a new idea nor a good one.

The Independent UK

How some WH hopefuls inflate their fundraising success

Long before ballots are tallied and reliable polls are conducted, one of the earliest ways to gauge the popularity of presidential candidates is with dollars

Salon

The centrist plan to sabotage Biden

Centrist groups like No Label seek to undermine President Biden's re-election. Do they secretly want Donald Trump?

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People

Alexandria OcasioCortez

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