“In order to restore sufficient safety practices to the banking system and restore consumers’ confidence in the soundness of their banks, the Fed must immediately exercise its authority to apply enhanced prudential standards and supervision to banks with $100-$250 billion...
“(W)e continue to be disappointed by your unwillingness to use PCAOB’s existing authority to rein in these abusive practices by registered auditors… PCAOB has the authority to act… to protect the integrity of the auditing system” Senators Asked PCAOB to...
More than Half of America’s 100 Richest People Exploit Trusts to Pass on Billions Tax-Free “The ultra-wealthy at the top of the socioeconomic ladder live by different rules than the rest of America, especially when it comes to our tax...
“Now that Sodexo will reportedly be joining Unite Here at the bargaining table tomorrow, we urge Sodexo to negotiate in good faith with its workers and to reach a contract that guarantees them a livable wage.” “The NY Fed has...
Text of Letter (PDF) Washington, D.C. – U.S. Senators Elizabeth Warren (D-Mass.) and Angus King (I-Maine) led a letter with 19 other senators to Internal Revenue Service (IRS) Commissioner Daniel Werfel and Treasury Secretary Janet Yellen, expressing strong support for...
“Key SVB officials showed a pattern of risky and questionable decision making that may have contributed to the bank’s instability and collapse.” Text of Letter (PDF) Washington, D.C. – U.S. Senators Elizabeth Warren (D-Mass.) and Richard Blumenthal (D-Conn.) sent a...
Text of Letter (PDF) Washington, D.C. — U.S. Senator Elizabeth Warren (D-Mass.) sent a letter to ex-Silicon Valley Bank CEO Greg Becker to inquire about his and SVB lobbyists’ efforts to roll back Dodd-Frank rules prior to the collapse of...
Text of Letter (PDF) Washington, D.C. – U.S. Senator Elizabeth Warren (D-Mass.), along with Senators Sheldon Whitehouse (D-R.I.) and Ed Markey (D-Mass.) sent a letter to Treasury Secretary Janet Yellen following Climate Counselor John Morton’s departure and urging Treasury to...
Text of Letter (PDF) Washington, D.C. – U.S. Senators Elizabeth Warren (D-Mass.) and Mazie Hirono (D-Hawaii), along with Senators Tina Smith (D-Minn.), Richard Blumenthal (D-Conn.), Bob Menendez (D-N.J.), and Cory Booker (D-N.J.) sent a letter to Walgreens CEO Rosalind Brewer,...
Text of Letter (PDF) Washington, D.C. – U.S. Senator Elizabeth Warren (D-Mass.), Chair of the Personnel Subcommittee of the Senate Armed Services Committee, and Representative Joaquin Castro (D-Texas) sent a letter to the Department of Defense’s Assistant Secretary for Health...
New Analysis from Moody’s Finds Republicans’ Proposed Spending Cuts Would Cost 2.6 Million Jobs, Plunge Economy into Recession Today at 2:30 PM EST, Warren Will Hold Hearing on Economic Consequences of Federal Debt Limit; Moody’s Chief Economist Will Testify About...
Text of Letter (PDF) Washington, D.C. – U.S. Senators Elizabeth Warren (D-Mass.), Sheldon Whitehouse (D-R.I.), and Representatives Dan Goldman (D-N.Y.) and Jamie Raskin (D-Md.) and 47 of their colleagues sent a letter to Securities and Exchange Commission (SEC) Chairman Gary...