The Federal Reserve’s latest action against Wells Fargo is a new test for CEO Tim Sloan and is once again bringing pressure from the bank’s biggest critics. In an unprecedented step, the Federal Reserve last week announced it is restricting...
Before turning in the executive restroom key last week, outgoing Federal Reserve Chair Janet Yellen had one final task: bringing the hammer down on Wells Fargo. Responding to a litany of failures at one of America’s largest banks, most notably...
Community health centers are edging ever closer to a “funding cliff” that would severely limit their ability to provide critical local care services, and US Sen. Elizabeth Warren this week leveled a sharp critique at congressional Republicans who she says...
Acting Consumer Financial Protection Bureau Director Mick Mulvaney has stripped the agency’s fair-lending office of enforcement powers in a sign that many consumer advocates see as trying to reduce oversight and penalties for firms that discriminate against borrowers. The move...
Sen. Elizabeth Warren (Mass.) and other leading Democrats are calling on the Labor Department to halt its new tip sharing proposal and explain why the DOL didn’t tell the public about an internal analysis showing the move could cost workers...
Ties between the Pentagon and the defense industry have deepened under President Donald Trump, prompting renewed concern about conflicts of interest that could result in favoritism toward top military contractors. More than 80 percent of top Defense Department officials under...
WASHINGTON – Top Democrats in the House and Senate sent a letter to Mick Mulvaney on Wednesday questioning his decision to delay the implementation of the Consumer Financial Protection Bureau’s payday loan rule. “We have a number of questions about...
President Trump made a lofty promise in Tuesday night’s State of the Union to “fight the drug epidemic,” but Senator Elizabeth Warren wants to know what his administration has actually done to address the issue. The Trump administration declared a...
BROCKTON – After coming to the U.S. in the wake of the 2010 earthquake in Haiti, learning English, going to college, gaining his citizenship and then making history at age 27 by getting elected to the Brockton City Council last...
Sen. Elizabeth Warren (D-Mass.) ripped the immigration proposal unveiled by President Trump’s White House on Thursday, calling the plan “insulting.” “By ending DACA, @realdonaldtrump subjected 800k Dreamers to deportation. Now he wants to hold them hostage to Steven Miller’s anti-immigrant...
A bipartisan group of 54 members of Congress led by Massachusetts Senator Elizabeth Warren and Colorado Representative Jared Polis is demanding that President Trump restore the federal government’s previous hands-off approach to marijuana. Trump’s attorney general, Jeff Sessions, shook the...
WASHINGTON – In a speech to a liberal health policy conference on Thursday, Sen. Elizabeth Warren (D-Mass.) proposed new rules to force private insurers to be more responsive to Americans’ health care needs. Warren spoke at the annual gathering of...