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Elizabeth Warren

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BUSINESS
July 27, 2009 | By Jeff Gelles INQUIRER STAFF WRITER
Until Senate majority leader Harry Reid tapped her in November to help oversee the federal bank bailout, the "financial crisis" that most preoccupied Elizabeth Warren was the shadow looming over millions of American families from growing mountains of personal debt. The plight of America's struggling middle class has long been Warren's great passion. Since the 1980s, the Harvard law professor has studied how medical debts, credit-card traps, and crises such as job loss and divorce have pushed millions of families toward a financial cliff, and often into bankruptcy.
NEWS
July 19, 2011 | Associated Press
WASHINGTON - President Obama's decision not to pick Elizabeth Warren to head a new consumer-protection agency is pumping up speculation that Warren might challenge Republican Sen. Scott Brown, a top Democratic target in 2012. And some Massachusetts Democrats said that the president's decision came not a moment too soon. Democrats looking to take back the seat long held by Sen. Ted Kennedy said yesterday that the consumer advocate would need to launch her candidacy sooner rather than later to counter Brown's popularity across the state and his big campaign bank account.
NEWS
July 20, 2011
WE COULD have told President Obama that backing off from nominating Elizabeth Warren to head the Consumer Financial Protection Bureau would not make it any easier to get the bureau off the ground. In fact, we did tell him, but it was no great feat of prognostication. Congressional Republicans made it clear that, even though they were brutally demonizing Warren - who has built the agency and was the hands-on best choice to lead it - it wasn't about her, really. They want to cripple the bureau.
NEWS
August 19, 2011
Ind. hires firm to probe collapse INDIANAPOLIS - Indiana has hired an outside firm to help with its investigation into a fatal stage collapse at the state fair after questions were raised about the state's ability to conduct an objective probe itself. Gov. Mitch Daniels' office announced Thursday that the state had hired Witt Associates, a public-safety and crisis-management firm based in Washington to conduct a "comprehensive, independent analysis of the state fair's preparedness and response" to the collapse Saturday that killed five people and injured four dozen as they waited for a concert by the country act Sugarland.
NEWS
March 23, 2011
NONE OF THIS "of the people, by the people, for the people" stuff when it comes to the honorable representatives of Wall and K streets. And forget about "We feel your pain" for any of the 2.2 million American families with homes in foreclosure. The new chairman of the House Financial Services Committee, Republican Spencer Bachus, of Alabama, recently shared his self-described "Main Street" perspective with hometown reporters. "In Washington, he said, "the view is that the banks are to be regulated, and my view is that Washington and the regulators are there to serve the banks.
NEWS
April 2, 2009
IMAGINE APPLYING for a business loan and telling the bank that instead of providing a plan for how you will use the money and how your company will make a profit, you'll do what you think is best and might let the bank later know what you did with the dough. Think you'd get the loan? Neither do we. Yet this is exactly the approach the Treasury Department is taking in giving away about $3 trillion of our money, says Elizabeth Warren, the Harvard professor appointed by Congress to oversee the bailout of financial institutions.
NEWS
July 27, 2011
Federal legislation following Wall Street's collapse created a new consumer protection agency, but banking and investment interests seem determined to keep the watchdog from even taking a walk. The Consumer Financial Protection Bureau is being thwarted by efforts to reduce its effectiveness. First, opponents blocked Harvard law professor Elizabeth Warren, whose ideas birthed the agency, from being appointed its director. Now, CFPB foes, including Sen. Pat Toomey (R., Pa.), are trying to prevent the appointment of her top lieutenant, Richard Cordray, to the head post unless the agency is further weakened.
NEWS
January 24, 2012 | By Steve Leblanc, Associated Press
BOSTON - Republican U.S. Sen. Scott Brown and his chief Democratic rival, Elizabeth Warren, have signed a pledge to curb political attack ads by outside groups in their Massachusetts Senate race. Under the terms of the deal, each campaign would agree to donate half the cost of any third-party ad to charity if that ad either supports their candidacy or attacks their opponent by name. At least one outside group that has targeted Warren immediately raised objections to the deal, while two outside groups that have targeted Brown said they were inclined to respect the deal, with one pledging to suspend its advertising.
NEWS
June 27, 2013 | By Steve Leblanc and Bob Salsberg, Associated Press
BOSTON - Longtime Democratic U.S. Rep. Edward Markey defeated Republican political newcomer Gabriel Gomez in a special election Tuesday for the state's U.S. Senate seat long held by John Kerry, a race that failed to draw the attention that the state's 2010 special Senate election did. Markey, 66, won the early backing of Kerry and much of the state's Democratic political establishment, which was set on avoiding a repeat of the stunning loss it...
BUSINESS
September 7, 2011 | By Alan Fram, Associated Press
WASHINGTON - Senate Republicans contended Tuesday that the new Consumer Financial Protection bureau had too much unfettered power and that President Obama's choice to head the agency should not be approved. Democrats at the same Senate Banking Committee confirmation hearing on Richard Cordray's nomination said the GOP was playing political games aimed at scuttling the bureau's ability to protect consumers who borrow money or make other financial transactions. "The misleading claim of no CFPB accountability - drummed up by special interests and put forth by a vocal minority - should be exposed for what it is: An attempt to destroy the bureau's ability to do its job of protecting American consumers," said Sen. Tim Johnson (D., S.D.)
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ARTICLES BY DATE
BUSINESS
April 23, 2015 | By Jonathan Tamari, Inquirer Staff Writer
WASHINGTON - Six U.S. senators, including Al Franken (D., Minn.) and Elizabeth Warren (D., Mass.), wrote to federal regulators Tuesday, urging them to block Comcast Corp.'s proposed purchase of Time Warner Cable. Should the deal win approval, "we believe that Comcast-TWC's unmatched power in the telecommunications industry would lead to higher prices, fewer choices, and poorer quality services for Americans," wrote Franken, Warren, and Sens. Bernard Sanders (I., Vt.), Ed Markey (D., Mass.)
NEWS
April 4, 2015
ISSUE | TAX HIKES Council incumbents, stand ground now I am appalled that City Council incumbents running for reelection are not acting on the city budget - especially its proposed 9.34 percent property tax increase - until after the May primary ("Council a no-go on tax boost," April 1). Haven't we given the schools an extra $200 million for the past several years? What are they doing with the money? If they cared about education, they would make use of the stored books and other equipment just going to waste.
NEWS
January 8, 2015
OK, LOOK, I can't wait. Believe me, I tried. I know it's only 2015. But I can't help myself. The 2016 race for the White House calls like a mythological Siren. The possibility of another Clinton/Bush clash coupled with an expected rerun of the 2012 GOP carnival of candidates is just too much to leave alone. So let's take an early look at what maybe lies ahead. Public polling - which, at this stage, is based on name ID and reflected chatter from cable TV - suggests Hillary Clinton and Jeb Bush will be their party's nominees.
NEWS
December 17, 2014 | Inquirer Editorial Board
As Washington was betraying regular Americans in favor of big banks, Elizabeth Warren took to the Senate floor last week to ask, "Who does Congress work for?" She probably should have included President Obama in her question. Warren (D., Mass.) was talking about a bank-authored spending bill amendment that constituted one of the most generous giveaways to banks since the $700 billion bailout of 2008. The amendment, which according to the New York Times was written by Citigroup's lobbyists, guarantees that banks can gamble with abandon and that when they inevitably lose, the taxpayers will pick up the tab. Unrestrained derivatives trading was a major cause of the financial meltdown.
NEWS
August 2, 2014
The recent fourth anniversary of the landmark Dodd-Frank Wall Street reform law provides an occasion to remember why such aggressive legislation was needed. Fueled by years of lobbying and campaign donations from the finance sector, Washington politicians from both parties dismantled regulations intended to prevent a financial meltdown. The result, of course, was the worst such meltdown since the Great Depression. Millions lost their homes, and those who didn't saw property values decline as neighborhoods were abandoned.
NEWS
March 21, 2014
OF THE many distressing aspects of the events out of Harrisburg in the past week - the felony charges against state Sen. LeAnna Washington and the attorney general's decision not to move forward on a sting operation that caught at least four lawmakers taking gifts and money from a sham lobbyist - is how it exposes a giant vacuum of who is on taxpayers' side when it comes to our money being stolen and our democratic principles being compromised....
NEWS
October 19, 2013 | By Jonathan Tamari, Inquirer Washington Bureau
WASHINGTON - Will Cory Booker be another Ted Cruz? The next Hillary Rodham Clinton? Or something new? After winning a New Jersey Senate seat Wednesday, the star-powered Newark mayor, who is so often the center of attention, will soon enter a traditionalist body where newcomers are expected to quietly earn their place and wait their turn. Will he follow Clinton's example and try to blend in, adhering to custom? Or will he join a new breed who have used the Senate as a platform to build their profiles and shape the national debate, seniority be damned?
NEWS
June 27, 2013 | By Steve Leblanc and Bob Salsberg, Associated Press
BOSTON - Longtime Democratic U.S. Rep. Edward Markey defeated Republican political newcomer Gabriel Gomez in a special election Tuesday for the state's U.S. Senate seat long held by John Kerry, a race that failed to draw the attention that the state's 2010 special Senate election did. Markey, 66, won the early backing of Kerry and much of the state's Democratic political establishment, which was set on avoiding a repeat of the stunning loss it...
NEWS
September 21, 2012 | By Esmé E. Deprez, Bloomberg News
Republican Sen. Scott Brown criticized his Democratic challenger, Elizabeth Warren, for refusing to release records on whether she claimed Native American ancestry in job applications, as she attacked him for supporting billionaires and opposing legislation to create jobs in their first debate for the U.S. Senate from Massachusetts. Squaring off in Boston, Warren pounded Brown over his record, including opposing a bill to provide equal pay for women doing the same work as men. Brown, in turn, portrayed Warren as a liberal eager to tax job-creating businesses while collecting a six-figure income as a professor at Harvard Law School.
NEWS
September 6, 2012
FOR MANY disillusioned progressives, Elizabeth Warren, the consumer champion who is running for the late Ted Kennedy's Senate seat in Massachusetts, represents the kind of change they thought they were getting when they helped elect Barack Obama. So no matter what Warren said Wednesday night in her prime-time speech at the Democratic National Convention, it was bound to result in a mixed message. It's encouraging that, after months of fixation on the deficit and a "grand bargain" with Republicans to cut Social Security, Medicare and Medicaid, President Obama and the Democrats are no longer running away from the progressive - and pugnacious - approach that Warren personifies.
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