Date | Title | Description |
17.04.2025 | Trump’s tariffs are ‘inviting corruption,’ Democrats tell Bessent, Lutnick | Democrats led by Sen. Elizabeth Warren are criticizing President Donald Trump’s tariffs as a “corrupt scheme.”
The letter, sent to Commerce Secretary Howard Lutnick, Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer, ... |
17.04.2025 | IRS’ free tax filing program is at risk amid Trump scrutiny | The IRS free tax filing program, known as Direct File, has faced heavy Republican scrutiny since its 2024 launch.
Direct File expanded to more than 30 million taxpayers across 25 states for the 2025 filing season.
However, the Trump adminis... |
09.04.2025 | Trump tariffs: When consumers should expect inflation, price hikes to hit wallets | The Trump administration included a provision in putting global tariffs in effect that excludes any shipments already “on the water” from the new country-specific trade rates.
While inflation and price hikes across consumer goods are coming... |
08.04.2025 | Some Social Security recipients were falsely told their benefits had stopped, senators say | Last week, beneficiaries of the Social Security Administration (SSA)’s Supplemental Security Income (SSI) program were erroneously told that they were no longer receiving benefits, and could no longer access account history through the prog... |
13.03.2025 | The Tug of War Over Tax Filing: Direct File Faces Uncertain Future Amidst Tech Turmoil | The landscape of tax filing in the United States is shifting. A new program, Direct File, promises to simplify the process. But as the IRS navigates a sea of opinions and external pressures, its future hangs in the balance.
In 2024, the IRS... |
13.03.2025 | National Politics | A government program made tax filing free and more efficient. Musk and DOGE may get rid of it anyway | Direct File was rolled out as a pilot program in 2024 after the IRS was tasked with looking into how to create a “direct file” system as part of the money it received from the Inflation Reduction Act signed into law by President Joe Biden i... |
12.03.2025 | IRS Layoffs: A Taxing Dilemma for the Wealthy and the Nation | The IRS is facing a storm. Mass layoffs threaten to undermine its ability to collect taxes from the wealthy. This isn’t just a bureaucratic shuffle; it’s a potential windfall for tax dodgers. As the agency cuts approximately 7,000 positions... |
12.03.2025 | Education | Schools use AI to monitor kids, hoping to prevent violence. Our investigation found security risks | The released documents show students use these laptops for more than just schoolwork; they are coping with angst in their personal lives.
Students wrote about depression, heartbreak, suicide, addiction, bullying and eating disorders. There ... |
12.03.2025 | Senators to Trump Social Security nominee: ‘You will be responsible’ if benefits are interrupted | The Social Security Administration recently announced plans to cut 7,000 employees and close some regional offices.
Those changes could impact the agency’s ability to process and disburse benefit checks, Democratic Sens. Elizabeth Warren of... |
11.03.2025 | ‘Wealthy tax dodgers’ could benefit from IRS layoffs, Democrats warn | As the IRS faces mass layoffs, Democrats warn that “wealthy tax dodgers” could benefit from fewer compliance staff.
The agency in September announced it recovered $1.3 billion in unpaid taxes from “high-income, high-wealth individuals,” und... |
28.02.2025 | Navigating the Storm: Protecting Borrowers in Uncertain Times | In a world where the winds of change blow fiercely, student loan borrowers find themselves at a crossroads. The U.S. Department of Education faces unprecedented threats, and consumer advocates are sounding the alarm. The stakes are high, an... |
25.02.2025 | Amid risks to Education Dept., borrowers should ‘immediately’ take key actions, consumer advocates say | Amid White House threats to eliminate the Education Department and reports that Musk’s DOGE had gained access to student loan data, consumer advocates are issuing warnings to borrowers on ways to protect themselves.
Student loan holders sho... |
25.02.2025 | Democrat senators question what Elon Musk plans to do with sensitive CFPB data | Democrat lawmakers led by Sen. Elizabeth Warren on Tuesday held a forum pushing back against the moves that the Trump administration and Elon Musk have taken to neutralize the Consumer Financial Protection Bureau.
The lawmakers questioned w... |
14.02.2025 | National Politics | Treasury watchdog begins audit of Musk DOGE team’s access to federal government’s payment system | Related Articles
National Politics | Anger, chaos and confusion take hold as federal workers face mass layoffs
National Politics | Trump calls for withholding federal money from schools and colleges that require COVID vaccines
National Poli... |
05.02.2025 | A 25-Year-Old Is Writing Backdoors Into The Treasury’s $6 Trillion Payment System. What Could Possibly Go Wrong? | Just months after we learned Chinese hackers had compromised US telecom systems through government-mandated backdoors, an inexperienced developer from Musk’s DOGE unit is pushing untested code directly into the Treasury’s payment infrastruc... |
03.02.2025 | National Politics | Elon Musk says President Donald Trump has ‘agreed’ USAID should be shut down | Musk’s DOGE crew lacked high enough security clearance to access that information, so the two USAID security officials — John Voorhees and deputy Brian McGill — believed themselves legally obligated to deny access.
The current and former U.... |
29.01.2025 | Egg prices could break more records in 2025 | Listen to the article 4 min
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Consumers across the country have recently been shell shocked by empty grocery store shelves and the exorbitant cost of eggs. But sky-high pr... |
28.01.2025 | National Politics | What RFK Jr. might face in his nomination hearings this week | “They think they are going to go into office, pull back the curtain, find all this bad stuff, and reveal it to the American public,” he said.
During a measles epidemic in 2019 and 2020 that killed 83 people, mostly children, in Samoa, Kenne... |
16.01.2025 | National Politics | Treasury nominee calls for stronger Russia sanctions and Fed independence at confirmation panel | Bennet assailed Bessent for shedding “crocodile tears” over the debt and spending, while the Tax Cuts and Jobs Act drove up the debt. “There’s so many things I think you owe the American people after we have seen the catastrophe” from the t... |
15.01.2025 | The Hegseth Hearing: A Crucible of Controversy and Combat Readiness | The confirmation hearing of Pete Hegseth for Secretary of Defense was a battleground of ideas, values, and personal history. As he faced the Senate Armed Services Committee, the stakes were high. The Pentagon, a fortress of American militar... |
15.01.2025 | Hegseth's Confirmation Hearing: A Storm in the Pentagon | The confirmation hearing for Pete Hegseth, President Trump's pick for Defense Secretary, unfolded like a high-stakes drama. Senators from both parties gathered, armed with tough questions and sharp criticisms. Hegseth, a former Fox News hos... |
14.01.2025 | National Politics | What to watch as Pete Hegseth faces questions about his experience and personal past | Trump posted on social media in December that “Pete is a WINNER, and there is nothing that can be done to change that!!!”
What to watch as Hegseth’s hearing gets underway on Tuesday morning:
How he would run the department
Republicans have ... |
13.01.2025 | National Politics | Hegseth could lead troops who’d face getting fired for actions he’s done in the past | Four defense officials pointed to Hegseth’s acknowledged problems and said senior officers have expressed unease about having him at the helm because the defense secretary often sits in judgment of generals and admirals accused of bad behav... |
21.11.2024 | Why the Media Loves the Worst of Crypto
Bitcoin Breaches New Record Above $98K as MicroStrategy Soars and Trump Considers 'Crypto Czar' | Is your social media feed once again full of crypto bros taking victory laps attesting to the inevitability of bitcoin?
If you’re wondering, "How did we get back here?" or why TV news told you that Bitcoin died, you're not alone. ... |
13.11.2024 | U.S. Senator Elizabeth Warren Rises Into Role Where Crypto Sector Won't Shake Her
Web3 Games Funding Stabilizing at $1B in 2024 | Senator Elizabeth Warren, one of the chief U.S. critics of the crypto industry, confirmed she'd be taking the role as the most senior Democrat on the Senate Banking Committee.
That panel will be responsible for handling crypto legislation i... |
24.10.2024 | President Biden to apologize for 150-year Indian boarding school policy | Haaland, whose grandparents were forced to attend a boarding school, said she was honored to play a role, along with her staff, in helping make the apology a reality. Haaland will join Biden during his first diplomatic visit to a tribal nat... |
22.10.2024 | Bridging the Gap: Access Endodontics Expands Care with New Associate and Website | Access Endodontics in Oregon City is making waves. The practice has welcomed Dr. Tembre DeLong, a new associate endodontist, to its team. This addition is more than just a staffing change; it’s a commitment to better serve the community. Dr... |
18.10.2024 | Health | FDA’s promised guidance on pulse oximeters unlikely to end decades of racial bias | Aboelata’s clinic has sued producers and stores that sell oximeters, demanding they pull the devices or add safety warnings to the labels. Many of her patients rely on home oxygen, which requires accurate readings for Medicare to cover.
But... |
10.10.2024 | The Health Care Tightrope: Immigration Status and Medicare Advantage | In the vast landscape of American health care, two significant issues are unfolding: the treatment of immigrants in hospitals and the growing influence of Medicare Advantage plans. Both topics reveal a complex interplay of policy, economics... |
10.10.2024 | US Senator Warren calls for scrutiny of Novo Holdings' Catalent deal | Boards, Policy & RegulationGovernment
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US Senator Warren calls for scrutiny of Novo Holdings' Catalent deal
By Jody GodoyOctober 10, 20241:18 PM UTCUpdated ago
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08.10.2024 | Health | The Medicare Advantage influence machine | David Lipschutz, an attorney with the Center for Medicare Advocacy, a nonprofit public interest law firm, said policymakers have an unsettling history of yielding to industry pressure. “The health plans throw a temper tantrum and then CMS w... |
18.09.2024 |
Fed goes big, slashing interest rates by 50 bps | The Federal Reserve lowered its benchmark interest rate on Wednesday by 50 basis points (bps) to a range of 4.75% to 5%, turning an important corner in the central bank’s fight against inflation. The cut is the first since March 2020 after ... |
31.08.2024 | A teen’s murder, mold in the walls: Unfulfilled promises haunt public housing | The federal Department of Housing and Urban Development estimates that $115 billion is needed to fund a backlog of public housing repairs. But, two years ago, money to fund those repairs became a casualty of negotiations between the Biden a... |
29.08.2024 | 10 Significant Ways Your Taxes Will Impacted By A Kamala Harris Administration Most businesses will certainly see their tax bill increase. | Kamala Harris' campaign strategy has been to paint broad strokes about how she would approach the job of President while being mostly vague on policy specifics. To that end — and as of this writing — she hasn't said much about taxes other t... |
14.08.2024 | Meta's Instagram failed to curtail hate speech against women politicians, report says | Previous
A man walks past a logo of mobile application Instagram, during a conference in Mumbai, India, September 20, 2023. REUTERS/Francis Mascarenhas
Democratic presidential candidate and U.S. Vice President Kamala Harris attends a campai... |
09.08.2024 | Пользователи бесплатной версии ChatGPT теперь смогут генерировать до двух изображений в день при помощи DALL-E 3 | OpenAI разрешила пользователям бесплатного уровня ChatGPT генерировать до двух изображений в день при помощи модели DALL-E 3. Последнюю версию графической нейросети выпустили в сентябре, в первую очередь она была доступна подписчикам ChatGP... |
31.07.2024 |
Fed keeps rates unchanged, but hints that cuts are coming | The Federal Reserve on Wednesday kept benchmark interest rates at a range of 5.25% to 5.5%, the eighth consecutive meeting in which rates were unchanged.
Members of the Federal Open Market Committee (FOMC) said in a statement that they woul... |
29.07.2024 |
Reintroduced housing bill would address construction, rehab, land use and more | A coalition of Democratic lawmakers in the U.S. Senate and House of Representatives have reintroduced a bill designed to address housing issues by rehabilitating or constructing millions of additional units in an effort to bring down costs ... |
17.07.2024 | Democrats Have Made a 'Horrific Mistake' on Crypto, Says SkyBridge Capital’s Anthony Scaramucci | Democrats' failure to introduce crypto legislation is damaging the party's prospects in the coming presidential election, Scaramucci said.
Although he supports Trump's stance on crypto, Scaramucci won't be voting for the former president in... |
05.07.2024 | Editorials | Editorial: Purdue Pharma ruling rightfully allows Sacklers to be accountable | When people who are addicted to prescribed opioids can no longer get them, they often turn to the streets for illegal replacements. In the beginning, heroin was the overwhelming drug of choice. Now people are dying because fentanyl — which ... |
18.06.2024 | Exclusive: Healing Realty Trust raises $25M Series A for mental health-focused REIT | figcaption>span]:font-sans" data-chromatic="ignore">
Healing Realty Trust (HRT), a REIT primarily focused on mental health care medical offices, raised a $25 million Series A, President Cody Shandraw tells Axios exclusi... |
30.05.2024 | IRS opening free online tax filing program to all states | figcaption>span]:font-sans">
The Treasury Department on Thursday announced that the IRS' Direct File program, a free online tax filing program, will be made permanent for the 2025 tax season with all 50 states and Washington D.C.... |
20.05.2024 | Republicans Ted Cruz and Katie Britt introduce bill to protect IVF access | Washington — Two Senate Republicans on Monday introduced legislation to protect access to in vitro fertilization, known as IVF, after a Democratic-led effort to do so failed earlier this year in the upper chamber.
The bill, titled the IVF P... |
16.05.2024 | Supreme Court upholds funding structure for CFPB | Washington — The Supreme Court on Thursday upheld the funding structure for the Consumer Financial Protection Bureau (CFPB), rescuing the consumer finance agency from another effort by its critics to weaken it.
The court said in a 7 to 2 de... |
30.04.2024 | New Research Reveals 78% of Americans Believe Social Media Companies Hold Too Much Political Power | Inno Flores, Tech Times 30 April 2024, 12:04 am
A recent Pew survey reveals that most Americans believe social media companies wield excessive political influence.
This sentiment has increased by 6% since the previous presidential election ... |
29.04.2024 | Social media companies have too much political power, 78% of Americans say in Pew survey | Finally, something that both sides of the aisle can agree on: social media companies are too powerful.
According to a survey by the Pew Research Center, 78% of American adults say social media companies have too much influence on politics —... |
10.04.2024 | 'Don't have evidence' of Israel committing genocide in Gaza: Lloyd Austin | Rejecting accusations that Israel carried out a genocide in Gaza, US Secretary of Defence Lloyd Austin said there was no 'evidence' of it.
On Tuesday, US Secretary of State Antony Blinken criticised the international community for failing t... |
10.04.2024 | Student-loan borrowers faced 3.9 million billing errors after entering repayment, a new report from 4 Democratic lawmakers says | Economy Student-loan borrowers faced 3.9 million billing errors after entering repayment, a new report from 4 Democratic lawmakers says
Ayelet Sheffey
2024-04-10T13:01:01Z
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21.03.2024 | The Fed needs to cut rates to help the struggling clean energy sector, Elizabeth Warren says | Economy The Fed needs to cut rates to help the struggling clean energy sector, Elizabeth Warren says
Aruni Soni
2024-03-21T15:27:57Z
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15.03.2024 | Politics | How cryptocurrency executives helped decide the California Senate primary | Laura J. Nelson | (TNS) Los Angeles Times
In the days before the California Senate primary, political ads calling Rep. Katie Porter a fake, an actor and a hypocrite inundated social media platforms and television programs.
The $10 million b... |
07.03.2024 | The State of the Union is Biden's biggest moment before the election | Politics The State of the Union is Biden's biggest moment before the election
Analysis by Brent D. Griffiths
2024-03-07T11:00:01Z
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31.01.2024 |
Federal Reserve holds interest rates steady for a fourth straight meeting | The Federal Reserve’s Federal Open Markets Committee (FOMC) held its short-term policy interest rate steady at a range of 5.25% to 5.5% at its first meeting of the year on Wednesday.
The decision falls in line with the stance taken by centr... |
26.01.2024 | Democrats urge government to rein in Medicare Advantage overpayments and denials | The Biden administration is about to set the ground rules for next year’s Medicare Advantage plans, and two Democratic lawmakers want the government to aggressively change how those insurance plans operate.
Sen. Elizabeth Warren (D-Mass.) a... |
20.01.2024 | All 4 major student-loan companies have now gotten punished for customer service issues as borrowers struggle with repayment — and it might not be the end | Economy All 4 major student-loan companies have now gotten punished for customer service issues as borrowers struggle with repayment — and it might not be the end
Ayelet Sheffey
2024-01-20T11:28:01Z
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10.01.2024 | A Meta employee says she's under investigation after claiming the firm censors pro-Palestinian views | Tech A Meta employee says she's under investigation after claiming the firm censors pro-Palestinian views
Sawdah Bhaimiya
2024-01-10T15:50:49Z
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05.01.2024 | 758,000 more student-loan borrowers didn't receive on-time billing statements in the fall — and they won't have to make payments until the issues are resolved | Economy 758,000 more student-loan borrowers didn't receive on-time billing statements in the fall — and they won't have to make payments until the issues are resolved
Ayelet Sheffey
2024-01-05T15:02:02Z
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11.12.2023 | Biden's new attempt to cancel student debt 'would fall far short' of what borrowers need, Democratic lawmakers say. These are the 5 groups they think should get relief. | Economy Biden's new attempt to cancel student debt 'would fall far short' of what borrowers need, Democratic lawmakers say. These are the 5 groups they think should get relief.
Ayelet Sheffey
2023-12-11T16:34:33Z
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08.12.2023 | Sen. Warren pushes for more data on Medicare Advantage coverage hurdles, denials | A bipartisan group of senators is urging the Biden administration to beef up the amount of data it collects from private Medicare plans in order to combat overpayments and improper care denials.
Sen. Elizabeth Warren (D-Mass.) and three of ... |
06.12.2023 | Jamie Dimon on the cryptocurrency industry: "I'd close it down" | JPMorgan Chase CEO Jamie Dimon told lawmakers on Wednesday that he would pull the plug on the cryptocurrency industry if he had the power.
"I've always been deeply opposed to crypto, bitcoin, etcetera," he said in response to a qu... |
04.12.2023 | Student-loan borrowers are facing 'serious risks' to their credit scores following the 'chaotic' payment resumption, 4 Democratic lawmakers say | Sens. Elizabeth Warren and Bernie Sanders. Jose Luis Magana/AP Images
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Four Democrats recently wrote a letter that raised concerns about student-loan repayment challenges.
They said they're worried servicer errors could hurt borro... |
10.11.2023 | Emails reveal how Amazon and Google tap friends in government to influence policies. Critics say there's too much 'coziness' with Big Tech. | Premium Tech Emails reveal how Amazon and Google tap friends in government to influence policies. Critics say there's too much 'coziness' with Big Tech.
Hugh Langley
2023-11-10T10:00:01Z
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25.10.2023 | Powerful senators fire off letter decrying 'abusive' tactics in Corizon bankruptcy | Finance Powerful senators fire off letter decrying 'abusive' tactics in Corizon bankruptcy
Dakin Campbell and Nicole Einbinder
2023-10-25T12:00:01Z
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19.10.2023 | How Biden Forgiving Another $9 Billion In Student Loan Debt Helps Close The Racial Wealth Gap | WASHINGTON, DC - MAY 12: (EDITOR'S NOTE: Image has been converted to black and white) Student loan ... [+] borrowers gather near The White House to tell President Biden to cancel student debt on May 12, 2020 in Washington, DC. (Photo by Pau... |
23.08.2023 | Automakers now have to comply with MA’s Right to Repair law | The National Highway Traffic Safety Administration (NHTSA) said Tuesday automakers can comply with a Massachusetts Right to Repair law, reversing a previous directive to ignore the state legislation.
Massachusetts’s Right to Repair law was ... |
21.08.2023 | Flood-ravaged Vermont waits for action from a gridlocked Congress | In the small town of Johnson, Vermont, a few dozen miles south of the Canadian border, a family still lives in a tent outside their damaged mobile home.
The only food market within miles is gutted. The flooded U.S. Post Office shifted its s... |
15.08.2023 | Amazon Pharmacy Launches $35 Insulin Coupons As Transparency Takes Hold | Amazon Pharmacy is rolling out coupons that “automatically” reduce customer costs for insulin to as ... [+] low as $35 a month on more than a dozen diabetes care brands.Amazon Pharmacy |
09.08.2023 | Public pharma is the best solution to the ongoing problem of drug shortages | Drug shortages in the United States are at a record high. At least 14 essential generic cancer drugs are currently in shortage, forcing patients and doctors to make difficult decisions to delay or ration first-line treatments, or accept sec... |
08.08.2023 | Senators push IRS to launch nonprofit hospital probe | WASHINGTON — A bipartisan group of senators wants federal tax regulators to probe nonprofit hospitals’ compliance with community benefit requirements, ratcheting up a longtime campaign to hold the tax-exempt providers accountable.
Nonprofit... |
08.08.2023 | Governor Healey Declares State of Emergency, Calls for Support for Newly Arriving Migrant Families | Boston — Governor Maura T. Healey today declared that a state of emergency exists in Massachusetts due to rapidly rising numbers of migrant families arriving in Massachusetts in need of shelter and services and a severe lack of shelter avai... |
08.08.2023 | La Gobernadora Healey declara estado de emergencia, y pide apoyar a las familias migrantes recién llegadas | Boston — La gobernadora Maura T. Healey declaró hoy un estado de emergencia que existe en Massachusetts, debido al rápido incremento del número de familias en busca de refugio, la crisis de vivienda y la indisponibilidad de albergues en el ... |
01.08.2023 | Researchers fight to access Big Tech data | Researchers continue to face roadblocks in trying to study how long-dominant social media platforms operate even as the tech industry is expanding its power into the new realm of artificial intelligence.
Why it matters: Tech giants — fearfu... |
31.07.2023 | Senators Warren & Graham Want To Create New Online Speech Police Commission | The regulation will continue until internet freedom improves, apparently. Last year we wrote about Senator Michael Bennet pushing a terrible “Digital Platform Commission” to be the new internet speech police, and now we have the bipartisan ... |
20.07.2023 | Student-loan companies are putting borrowers at 'heightened risk' of harm if they fail to prepare for payments to resume, 6 Democratic lawmakers say | Economy Student-loan companies are putting borrowers at 'heightened risk' of harm if they fail to prepare for payments to resume, 6 Democratic lawmakers say
Ayelet Sheffey
2023-07-20T13:46:06Z
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18.07.2023 | US Senator Elizabeth Warren Urges SEC to Investigate Tesla's 'Conflicts of Interest' | Quincy Jon, Tech Times 18 July 2023, 01:07 pm
Senator Elizabeth Warren of the Democratic Party has urged the US Securities and Exchange Commission (SEC) to look into Tesla and its board of directors. The request was made in response to worr... |
11.07.2023 | GOP Sen. Tuberville's hold on nominations could cause armed forces to "lose talent," nominee for top military officer says | The nominee to be the next top military officer in the U.S. on Tuesday warned there will be widespread impacts because of one senator's hold on military nominations, including losing talent.
Air Force Gen. Charles Q. Brown, whose own nomina... |
10.07.2023 | Senator stalls US military promotions in anti-abortion standoff | One senator’s anti-abortion protest has resulted in the United States Marine Corps — one of the country’s most elite military units — being without a confirmed leader for the first time in 164 years.
Senator Tommy Tuberville of Alabama has ... |
23.06.2023 | Scoop: Senate Dems tie abortion to broader health care in new Dobbs push | Medical associations say state abortion restrictions adopted in the wake of the Supreme Court's Dobbs decision have restricted access not only to reproductive care, but "unrelated" health care treatments as well, according to a re... |
21.06.2023 | Tilting Against Repair Law, NHTSA Endorses Security Through Obscurity | “Security through obscurity” - the notion that keeping the workings of technology a secret is a means of protecting it from attacks - was abandoned long ago by cybersecurity professionals and the broader information security industry. As hi... |
01.06.2023 | The 'new predators in higher education' | Redeem now
Iola Favell wanted to go back to school to get her master's degree in teaching.
Favell is a first-generation college student from California, and according to documents filed in a recent lawsuit, she felt it was important to earn... |
31.05.2023 | Is Online Therapy Here To Stay? | Share
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In 2020, amid an unprecedented health crisis and rising rates of mental health issues, online therapy use massively grew in popularity. But what is online therapy’s position in 2023? And how have the recent pri... |
30.05.2023 | Sen. Elizabeth Warren probes abortion access amid states’ patchwork plans | WASHINGTON — Sen. Elizabeth Warren (D-Mass.) is launching a fresh round of questioning on states’ limits to abortion rights as a battle on medication abortion hangs in the balance at a federal court.
Warren and three other Democratic senato... |
18.05.2023 | Elizabeth Warren’s Bill Won’t Stop Money Laundering, but It Could Ban Crypto | On Capitol Hill, Senator Elizabeth Warren (D-MA) and Senator Roger Marshall (R-KS), are pushing legislation that purports to close loopholes bad actors may exploit to launder money through crypto assets. But what the legislation – the so-ca... |
15.05.2023 | Ex-SVB CEO Greg Becker blames rate hikes, withdrawals for bank’s collapse | More On: silicon valley bank
Powell’s sappy talk on banks is weak after several collapses NYC pension funds lose $30M in SVB collapse: data JPMorgan has been quietly scooping up SVB’s talent: sources PacWest stock down 36% as regional lende... |
09.05.2023 | Credit card companies need to explain the 'exorbitant' late fees they're charging customers, says Elizabeth Warren | U.S. Sen. Elizabeth Warren (D-MA) questions Jerome Powell, Chairman, Board of Governors of the Federal Reserve System as he testifies before the Senate Banking, Housing, and Urban Affairs Committee on June 22, 2022 in Washington, DC. Powell... |
07.05.2023 | Commentary
Commentary | Guest opinion: Alexandra Digby: Recent banking crises are rooted in a system that rewards excessive risk-taking | By Alexandra Digby, Dollie Davis and Robson Hiroshi Hatsukami Morgan
First Republic Bank became the second-biggest bank failure in U.S. history after the lender was seized by the Federal Deposit Insurance Corp. and sold to JPMorgan Chase on... |
03.05.2023 | The Federal Reserve just hiked interest rates for the 10th time in a row. It could be the last. | U.S. Federal Reserve Chair Jerome Powell. Liu Jie/Xinhua/Getty Images
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The Federal Reserve raised interest rates by 25 basis points on Wednesday.
It came on the heels of data showing inflation is cooling and calls from Democrats t... |
02.05.2023 | Inflation is falling for Americans, but it's probably not enough to slow the Fed's next interest rate decision this week | US Federal Reserve Chair Jerome Powell attends a press conference in Washington, DC, on March 22, 2023. Liu Jie/Xinhua via Getty Images
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This week, the Federal Reserve will likely announce the third interest rate hike this year.
S... |
11.04.2023 | Lawmakers Investigate SVB’s ‘Backscratching Arrangements’ With Tech Execs | Lawmakers want answers regarding “backscratching arrangements” between Silicon Valley Bank and tech execs.
Silicon Valley Bank collapsed, sending shockwaves throughout the tech industry. SVB was the nation’s 16th-largest bank and the second... |
10.04.2023 | Millions of student-loan borrowers will face 'catastrophic consequences' like delays in debt relief if Congress doesn't give Biden's Education Department more money, 17 Democratic lawmakers say | SEPTEMBER 20: U.S. Sen. Elizabeth Warren (D-MA). Kevin Dietsch/Getty Images
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Seventeen Democrats wrote a letter to lawmakers asking them to increase Federal Student Aid funding.
The Democrats said lack of funding is "catastro... |
06.04.2023 | Sallie Krawcheck: The Way Bankers Are Paid Rewards Risk. Here’s What to Do About It. | In the wake of the failure of Silicon Valley Bank and Signature Bank—and the stumbles of several others—U.S. senators have introduced legislation intended to hold banking leaders to account.
The legislation, called the “Failed Bank Executiv... |
05.04.2023 | A major student-loan lender is 'actively working to harm' millions of borrowers by trying to block Biden's debt relief, Elizabeth Warren and Ayanna Pressley say. They're demanding answers about this '... | Rep. Ayanna Pressley, Sen. Elizabeth Warren. Jemal Countess/Getty Images for People's Rally to Cancel Student Debt
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In March, SoFi Bank filed a lawsuit to end the latest extension of the student-loan payment pause.
Sen. Warren and... |
29.03.2023 | Elizabeth Warren and Josh Hawley just teamed up on a bill that would let the government 'clawback lavish pay and bonuses when executives explode their bank' | Sens. Elizabeth Warren, Josh Hawley Leigh Vogel/Getty Images for Allora Industries, Drew Angerer/Getty Images
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Sens. Elizabeth Warren and Josh Hawley are teaming up to put the heat on executives of failed banks.
They're introducin... |
29.03.2023 | It's becoming increasingly clear that fintech has a fraud problem | Cash App was accused of facilitating fraud in a recent short-seller report. The fintech denied the claims. Rafael Henrique/SOPA Images/LightRocket via Getty Images This story is available exclusively to Insider subscribers. Become an Inside... |
27.03.2023 | Elizabeth Warren wants Biden's Education Department to go beyond broad student-loan forgiveness and crack down on the institutions that cause borrowers' debt loads to spiral | Sen. Elizabeth Warren. Tom Williams/CQ-Roll Call, Inc via Getty Images
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Sen. Elizabeth Warren sent a letter to the Education Department with recommendations to better protect student-loan borrowers.
She urged stronger oversight on... |
24.03.2023 | Sen. Elizabeth Warren urges FTC to review CVS' Oak Street Health deal | Photo: Alexi Rosenfeld/Getty Images |
23.03.2023 | The 26 hottest proptech startups of 2023, according to venture capitalists | This story is available exclusively to Insider subscribers. Become an Insider and start reading now.
Real-estate-tech companies aim to make construction, homebuying, and other processes more efficient.
Last year VCs invested $19.8 billion i... |
21.03.2023 | Silicon Valley Bank's collapse is looming over the Fed as it makes the next move in its war on inflation this week | Silicon Valley Bank, Fed Chair Jerome Powell. John Brecher for The Washington Post via Getty Image, Anna Moneymaker/Getty Images
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The Federal Reserve will announce its next interest rate decision on Wednesday.
It comes in the afte... |
21.03.2023 | Years after the housing crash, the specter of "too big to fail" still haunts the banking industry | During the 2008 financial crisis, so-called too big to fail banks were deemed too large and too intertwined with the U.S. economy for the government to allow them to collapse despite their role in causing the subprime loan crash.
Yet 15 yea... |
20.03.2023 | No Crypto Banking Port Has Really Opened Up in This U.S. Storm | The biggest U.S. banks haven't stepped forward to welcome homeless crypto businesses scrambling for banking services after fleeing the wreckage of Silvergate Bank, Signature Bank and Silicon Valley Bank.
CoinDesk asked the top 20 U.S. banks... |
18.03.2023 | The Top 25 Largest Private Equity Firms in the World | Did you know that about half of all daily newspapers in the country are owned by private equity firms or hedge funds?
You’ve probably heard of private equity (PE) and have no idea what it is and why they’re the lifeblood of funding for pri... |