US regulators in charge of evaluating bank mergers are “asleep at the wheel,” especially given the looming task of considering Capital One Financial Corp.‘s proposed purchase of Discover Financial Services, according to Senator Elizabeth Warren The Federal Reserve and the...
Continuing a decades-long effort to change the nation’s bankruptcy system, Sen. Elizabeth Warren plans to propose legislation on Wednesday aimed at making the process less costly and complicated for the hundreds of thousands of individuals who seek court-sanctioned relief from...
Nearly two decades after U.S. Marines killed twenty-five civilians, including women and children, in Haditha, Iraq, Congress is demanding answers. In a request sent this morning to the Department of Defense’s inspector general, which cites recent coverage in The New...
Democratic Senator Elizabeth Warren urged the Biden administration to advance a proposed rule before Donald Trump takes office to crack down on insurance companies that she says are overcharging Medicare by more than $80 billion. At issue is Medicare Advantage,...
A group of Democrats on the Senate Armed Services Committee on Tuesday began a bid to block the confirmation of Pete Hegseth, President-elect Donald J. Trump’s pick for secretary of defense. In a letter to Mr. Trump’s chief of staff,...
EasyKnock says its sale-leaseback deals have helped hundreds of people improve their finances. An NPR investigation found some homeowners who enter into these deals lose tens of thousands of dollars and few buy their houses back. A group of U.S....
Sen. Elizabeth Warren (D-Massachusetts) wrote a letter to President-elect Donald Trump on Monday to request clear and transparent conflict-of-interest rules that would bind Elon Musk, the world’s richest man, during his role as a top Trump adviser. The letter sent...
U.S. Senator Elizabeth Warren is proposing legislation that would make defense contractors give the U.S. military a “right to repair” its equipment, and require the Department of Defense to include cost-saving measures in plans to buy new weapons. Proposed amid...
A group of Democratic lawmakers said that a major student-loan company is denying some student-loan borrowers relief that they might qualify for. Sen. Elizabeth Warren led over 20 of her Democratic colleagues, including Rep. Alexandria Ocasio-Cortez and Sen. Ron Wyden,...
A bipartisan group of lawmakers are set to introduce legislation to break up pharmacy-benefit managers, the drug middlemen that have now faced yearslong scrutiny from Congress and the Federal Trade Commission. A Senate bill, sponsored by Sens. Elizabeth Warren (D.,...
The senator Elizabeth Warren will introduce a bill in Congress on Wednesday aimed at shifting corporations away from “maximizing shareholder value” and towards giving more support to workers and other stakeholders. The Accountable Capitalism Act proposes a series of reforms...
Key Democratic senators are demanding answers from Mehmet Oz on his “previous advocacy for Medicare privatization,” referring to his call in 2020 for putting all seniors into private insurance plans under Medicare Advantage. They’re seeking clarity from the physician and...