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The Latest Breaking News from Elizabeth Warren

Warren pushes bipartisan bill to regulate crypto firms after FTX collapse

Move co-sponsored by Republican Roger Marshall aims to crack down on money laundering after arrest of Sam Bankman-Fried

The Guardian - US

Silvergate Capital faces questions from lawmakers amid FTX crypto exchange collapse

San Diego's Silvergate Capital made its name in recent years as one of a few traditional banks providing deposit, fund transfer, security and other services for the cryptocurrency trading market.

Tribune News Service

SBF agreed to testify in Congress. Here’s what lawmakers are thinking about crypto legislation

How will the collapse of FTX shape regulation from Washington?

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

US lawmakers want more oversight of the Federal Reserve

An organizational loophole used by the Federal Reserve’s 12 regional banks to avoid complying with transparency requests is under fire from two U.S. senators seeking to toughen congressional oversight.

Tribune News Service

SEC Chair says the 'runway is getting shorter' for crypto companies

The Securities and Exchange Commission chair said “the runway is getting shorter” for crypto companies.

Fortune

Senate Democrats: Reduce harm of drug laws to open cannabis banking

Negotiations over provisions that would allow cannabis companies to access banking services were among the sticking points holding up the release of the fiscal 2023 defense reauthorization bill text Tuesday, senators said.

Tribune News Service

Lawmakers exclude cannabis language from defense authorization text

Senate Democrats will let banks work with cannabis businesses but only for fairer treatment for those caught up in the war on drugs.

Roll Call

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Senate Banking Democrats plan bigger role in crypto legislation - Roll Call

Sen. Sherrod Brown says a bill supported by Sens. Stabenow and Boozman is too favorable to the crypto industry.

Roll Call

Joe aids rail barons at workers' expense

Praising himself as pro-union, Biden used heavy-handed tactic to head off strike he just told us he had prevented

Salon

Fraud on payment app Zelle is on the rise. How can you stay safe?

People are increasingly falling victim to fraud on the payment service Zelle, lured by scammers impersonating bank officials via text message or phone call — and in response to the prevalence of fraud, some banks are responding with a plan to reimburse scammed customers.

Tribune News Service

MTG, Jordan rise after Musk takeover

Early data shows big shifts in followers among Republicans and Democrats weeks after Twitter deal

Salon

Lost Money to Zelle Fraud? You May Soon Be Able to Get It Back

Banks like JP Morgan and Wells Fargo have been under increased scrutiny over rising Zelle fraud.

The Street

Texas Is Becoming a Bitcoin-Mining Capital. Can the Grid Handle It?

Despite the FTX crash, ERCOT continues to court the cryptocurrency industry.

Texas Observer

Bankman-Fried Gave $1M to Senate Republicans 15 Days Before FTX Collapsed

The founder of the cryptocurrency exchange was also a major donor to the Democratic Party.

The Street

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Fortune

Hey Sen. Warren, leave Bitcoin out of this

Elizabeth Warren's response to the FTX mess includes limiting access to Bitcoin.

The Street

FTX Collapse: Bankman-Fried and His Ties to Democrats

Sam Bankman-Fried attempted to gain politicial clout by making donations among Democrats who now want an investigation into his company.

The Independent UK

Democrat Katie Porter wins re-election in California’s 47th District

The former protege of Elizabeth Warren who often goes viral for her aggressive questioning of executives will serve a third term

Roll Call

Senators to DOD: Address 'bad actors' among military landlords - Roll Call

Senators ask Pentagon to force private landlords on U.S. military bases to guarantee servicemembers a complete “tenant bill of rights."

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Salon

Warren: GOP plans to "blow up economy"

Massachusetts senator worries Republicans will use power to cause "chaos" ahead of election

Benzinga

What 3 Blue Chip Dividend Stocks Did This Republican Senator Sell?

Sen. Shelley Capito (R-WV) is a member of the U.S.

The Street

Wells Fargo Faces Huge Fine After Latest Scandal

The bank is under investigation and the outcome could hurt more than just its pocket.

Benzinga

Troubled FTX Faces SEC Probe And 'Urgently Needs' $8B To Avoid Bankruptcy, NIO Posts Wider Q3 Loss, AstraZeneca Ditches US Application Submission For COVID-19 Shot: Top Stories Thursday, Nov. 11

Bloomberg

The Street

Zelle Fraud is on the Rise but it's Worse at Wells Fargo

If you use Zelle, you might want to keep a close eye on your bank accounts.

WEKU

Voters everywhere are talking about the same issues. Here's why that matters

In Iowa's competitive 3rd Congressional District, candidates and voters are talking about the same issues as those everywhere else. That's part of a long-growing pattern.

The Guardian - US

Kroger-Albertsons mega-merger could cause more US food deserts, experts say

Agreement between two of the largest supermarket chains in the US could also make prices increase

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