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Letters: Sen. Warren speaks up
Re "Warren upends bankers, tradition," May 11 As the newest member of the Senate Banking Committee, Sen. Elizabeth Warren (D-Mass.) is a breath of fresh air. Finally, there's a voice in Washington for the people and a staunch advocate for consumers....Tags: Elizabeth Warren, Federal Reserve, Ben Bernanke
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US senator: Show me the economic analysis on settlements vs trials
ReutersBy Sarah N. Lynch WASHINGTON, May 14 (Reuters) - A U.S. senator who has criticized Wall Street is asking federal regulators and law enforcement officials whether they have the economic analysis to back up their routine practice of letting big banks...Tags: Citigroup Incorporated, Federal Reserve, Bank of America Corp., Office of the Comptroller of the Currency, Justice System
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Senator Warren wants bank settlements to be justified
ReutersWASHINGTON (Reuters) - An outspoken freshman senator with a record of taking on Wall Street wants financial regulators and federal prosecutors to provide an economic justification for allowing big banks to settle investigations without admitting any...Tags: Citigroup Incorporated, Federal Reserve, Bank of America Corp., Office of the Comptroller of the Currency, Justice System
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Donations, lobbying by high-speed traders on the rise -report
ReutersBy Sarah N. Lynch WASHINGTON, May 13 (Reuters) - High-frequency trading firms increased their campaign contributions to federal lawmakers by 673 percent from the 2008 to the 2012 election cycle, according to a report that sheds light on their political...Tags: Lobbying, Chicago Board Options Exchange, Chuck Schumer, U.S. Congress, Mark Kirk
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Freshman senator with senior pluck takes on the financial industry
WASHINGTON — Sen. Elizabeth Warren, the newest member of the Senate Banking Committee, waited patiently for her first chance to question top financial regulators at a recent hearing on Capitol Hill. When her turn finally came after 90 minutes,...
Tags: Parties and Movements, Litigation and Regulation, Financial and Business Services, Consumers, Federal Deposit Insurance Corporation
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U.S. Senator urges quick action on Ex-Im nominee Hochberg
ReutersBy Doug Palmer WASHINGTON, May 7 (Reuters) - Senate Banking Committee Chairman Tim Johnson on Tuesday warned the U.S. Export-Import Bank could be forced to stop operations in two months unless the Senate quickly approves the nomination of Fred Hochberg...Tags: National Government, U.S. Congress, Tim Johnson, Exports, Elections
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Republicans intensify pressure to limit powers of consumer agency
WASHINGTON — Republicans have stepped up their pressure to limit the wide-ranging powers of the nation's watchdog over consumers' money matters. The head of a key House committee overseeing the Consumer Financial Protection Bureau said he would no...
Tags: Jeb Hensarling, Parties and Movements, Financial and Business Services, U.S. Congress, Consumers
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House chairman bars consumer bureau chief from testifying
WASHINGTON -- The head of the Consumer Financial Protection Bureau will deliver his semi-annual report to the Senate Banking Committee on Tuesday morning, but he's not welcome to do the same before a House panel. House Financial Services Committee...
Tags: Jeb Hensarling, Federal Reserve, Financial and Business Services, U.S. Congress, Consumers
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Future of Johnson's war chest unknown
SIOUX FALLS — While U.S. Sen. Tim Johnson has decided not to run for another term in Congress, he has not decided what to do with the money he raised for a possible new campaign. The 66-year-old South Dakota Democrat announced last month that...Tags: U.S. Congress, Tim Johnson, Federal Election Commission, Elections, Republican Party
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Senate confirms former prosecutor Mary Jo White as SEC chairwoman
WASHINGTON -- The Senate on Monday confirmed Mary Jo White to chair the Securities and Exchange Commission, placing a tough former prosecutor in the role as Wall Street's top watchdog. White was confirmed by a unanimous voice vote in the Senate, an...
Tags: Lawyers, Jerry Moran, Prosecution, Rajat Gupta, Bank of America Corp.
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Sen. Warren slams regulators' failure to prosecute crooked banks
Sen. Elizabeth Warren (D-Mass.) wants to know: How much money do banks have to launder to get charged with a crime? In a Senate Banking Committee hearing Thursday, Warren asked financial regulators why officials from banks weren't prosecuted even...
Tags: Elizabeth Warren, Eric Holder
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Future of NSU banking internship questionable
It's too early to know what will become of a partnership between Northern State University and the U.S. Senate Banking Committee that allows NSU students to intern for the committee. The internship program was established by Sen. Tim Johnson, D-S.D.,...
Tags: Students, Federal Reserve, Financial and Business Services, Colleges and Universities, U.S. Senate
May 15, 2013
|Story| Los Angeles Times
May 14, 2013
|Story| Reuters
May 14, 2013
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May 13, 2013
|Story| Reuters
May 10, 2013
|Story| Los Angeles Times
May 7, 2013
|Story| Reuters
Apr 23, 2013
|Story| Los Angeles Times
Apr 23, 2013
|Story| Los Angeles Times
Apr 15, 2013
|Story| Aberdeen News
Apr 8, 2013
|Story| Los Angeles Times
Mar 8, 2013
|Story| Los Angeles Times
Mar 26, 2013
|Story| Aberdeen News
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