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Elizabeth Warren knocks it out of the park!!!


Jamie_B

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  • 3 weeks later...

http://www.washingtonexaminer.com/article/2567312?utm_content=buffer16e47&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

 

Massachusetts Sen. Elizabeth Warren praised her fellow lawmaker Bernie Sanders Tuesday, and didn't dismiss the idea that she could join him on the campaign trail to support his White House run.

 

"Bernie's out talking about the issues that the American people want to hear about," Warren, who has yet to endorse a candidate, told the Boston Herald. "These are people who care about these issues, and that's who Bernie's reaching. I love what Bernie is talking about. I think all the presidential candidates should be out talking about the big issues."

 

Warren, who many thought would run for the 2016 Democratic presidential nomination, has not yet endorsed a candidate.

 

When asked if she would campaign with Sanders at some point, she replied: "Too early to say."

 

Sanders, who is challenging Democratic frontrunner Hillary Clinton, has surged in recent polls. Warren supporters may have something to do with that. "Ready for Warren," the group that was pushing the senator to run, disbanded in June and endorsed Sanders.

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  • 3 weeks later...

http://www.thenation.com/article/elizabeth-warren-just-issued-a-major-challenge-to-all-presidential-contenders/?utm_source=twitter&utm_medium=socialflow

 

 When Senator Elizabeth Warren took the stage at Netroots Nation in Phoenix on Friday, many of the assembled activists hoped she would be coming to them as a presidential candidate—in fact, more than a few of them operated campaigns to convince her to run.

 

It didn’t work, but the various Draft Warren campaigns, in concert with the Massachusetts senator’s rapid rise in the party, leave her in a unique position to influence the direction of the presidential primary debate. Warren cashed in some of those chips during her speech Friday, issuing a direct challenge to presidential candidates (read: Hillary Clinton) to support specific legislation that would curb some of the financial sector’s influence at federal regulatory agencies.

 

Senator Tammy Baldwin and Representative Elijah Cummings announced the Financial Services Conflict of Interest Act on Wednesday, which would end private-sector bonuses given to government employees for entering public service, as well as tighten lobbying restrictions, lengthen the “cooling-off period” between public service and lobbying activities, and require financial regulators to exempt themselves from a broader array of potential conflicts of interest.

Warren, who was an original co-sponsor to the bill, used her entire speech to build up to her challenge for candidates: back this legislation.

 

 “We have a presidential election coming up. I think anyone running for that job—anyone who wants the power to make every key economic appointment and nomination across the federal government—should say loud and clear that they agree: we don’t run this country for Wall Street and mega corporations. We run it for people,” Warren said, according to her prepared remarks.

 

“So let’s turn that into something specific: Just two days ago, Tammy Baldwin introduced a new bill to slow down the revolving door,” she continued, before describing the bill. “That won’t fix everything, but it will throw some heavy sand in the gears of the revolving door—and it’s a bill any presidential candidate should be able to cheer for.”

 

Warren made clear she expected the assembled activists to push candidates directly to make this promise. “The only way that candidates for President—or for any office—will slow down the revolving door, the only way candidates will say ‘enough is enough’ is if you, you demand that they say it,” she said.

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http://www.huffingtonpost.com/entry/elizabeth-warren-primerica_55aec5dbe4b0a9b94852e71e?utm_hp_ref=tw

 

WASHINGTON -- When a financial executive refuses to answer basic questions about personal finance, you know he's in trouble.

 

 Sen. Elizabeth Warren (D-Mass.) on Tuesday embarrassed Primerica President Peter Schneider, who Senate Republicans had invited to testify against a new regulation designed to protect retirement savings from dodgy investment managers. The Obama administration estimates that Americans lose $17 billion a year from investment professionals who manage retirement accounts by prioritizing their own financial interests over those of their clients. It has proposed a simple solution: making that illegal.

Congressional Republicans loathe the rule, but Warren's neat vivisection of Schneider underscores their difficulties in arguing against it. The GOP can usually rely on a nearly united financial industry front against Democratic regulatory proposals. This time, however, some big-name investment professionals actually support the rule, recognizing that it will purge the industry of bad actors and create business opportunities for those who don't rip off their own clients.

 

Schneider portrayed his company as a defender of the working class -- clients who make as little as $30,000 a year, from homes "all too often … headed by a single mother." 

 

"We all agree that we must act in a client's best interests," Schneider said, before arguing that the Obama rule requiring managers to do just that would ultimately force Primerica to abandon its single-mother clientele.

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  • 8 months later...

https://www.washingtonpost.com/blogs/plum-line/wp/2016/05/25/elizabeth-warren-just-absolutely-shredded-donald-trump-theres-a-lot-more-like-this-to-come/?hpid=hp_no-name_opinion-card-e%3Ahomepage%2Fstory

Elizabeth Warren delivered an extensive, blistering speech last night about Trump that will serve as a template for how Democrats will attack him — both in terms of how they’ll prosecute his business past and how they’ll try to undercut his central arguments about the economy. Here’s a video of highlights (video is on the link):

 

The line that is driving all the attention this morning is Warren’s suggestion, in the context of Trump’s 2006 comment that a housing crash might enrich him, that the Donald is a “small, insecure money-grubber.” But Warren isn’t merely dissing Trump’s manhood. Warren — who went on to note that Trump “roots for people to get thrown out of their house” because he “doesn’t care who gets hurt, as long as he makes a profit” — is making a broader argument. Trump is not just a small, greedy person, but a cruel one, too.

 

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  • 3 months later...

http://www.nytimes.com/2016/09/21/business/dealbook/wells-fargo-ceo-john-stumpf-senate-testimony.html

WASHINGTON — The more the chief executive of Wells Fargo tried to explain, the more skeptical the senators became.

For more than two hours testifying before the Senate Banking Committee on Tuesday, John G. Stumpf expressed regret that Wells Fargo had created as many as two million bogus bank and credit card accounts without its customers’ consent. He apologized for failing to stop the illicit behavior sooner, and vowed to make amends.

Some of the senators on the committee scoffed. Mr. Stumpf, they said, was offering little more than platitudes while allowing his top executives to avoid any real consequences — like being fired or having their enormous pay packages clawed back.

Instead, the bank’s lowest-paid workers have borne the brunt of the punishment, the senators noted. Senior management, they said, seemed to ignore this practice because it helped turn the bank into a profit machine.

Addressing Mr. Stumpf directly, Senator Elizabeth Warren took the unusual step of telling the bank chief executive that he should resign.

“Have you returned one nickel of the money that you earned while this scandal was going on?” asked Ms. Warren, Democrat of Massachusetts. “Have you fired any senior management, the people who actually oversaw this fraud?”

“No,” Mr. Stumpf answered.

Ms. Warren added: “Your definition of accountability is to push this on your low-level employees. This is gutless leadership.”

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  • 2 weeks later...

http://www.bloomberg.com/news/articles/2016-09-29/elizabeth-warren-trains-her-sights-on-a-new-target?cmpid=yhoo.headline&yptr=yahoo

The U.S. Department of Education’s debt collectors may be violating the law by collecting on defaulted federal student loan debt that’s likely invalid yet owed by "vast numbers" of defrauded for-profit college students, Senator Elizabeth Warren (D-Mass.) charged Thursday.

The issue concerns nearly 80,000 Americans in default on loans they collectively took out to attend more than 100 schools from 2010 to 2014 owned by defunct for-profit giant Corinthian Colleges Inc. The schools—which went by the Everest, Heald, and WyoTech brand names and were spread across more than 20 states—allegedly duped students into enrolling in dozens of programs by marketing false job-placement statistics, the Education Department has concluded.

Corinthian filed for bankruptcy last year amid an avalanche of government lawsuits alleging fraud.

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  • 2 weeks later...

https://www.theguardian.com/technology/2016/oct/13/airbnb-cities-urge-government-crackdown-elizabeth-warren

Airbnb is facing renewed calls for a federal investigation from more than a dozen US cities, boosting senator Elizabeth Warren’s efforts to force the popular home-sharing startup to release data on its affordable housing impact.

A coalition of American lawmakers, including leaders from New York, San Francisco, Seattle, St Louis and Portland, urged the Federal Trade Commission (FTC) on Thursday to “help cities to protect consumers” and “study the extent to which the [short-term rental] industry is facilitating commercial operations”.

The joint letter, first reported by the Guardian, marks an escalation of a growing national campaign to force Airbnb to eliminate illegal hotels and large-scale commercial businesses that city leaders say are contributing to affordable housing shortages and urban displacement.

The push comes months after Warren – the progressive senator from Massachusetts and a high-profile Hillary Clinton supporterurged the FTC to examine Airbnb, an unprecedented step in US lawmakers’ scrutiny of the booming “sharing economy”.

The San Francisco-based startup is currently engaged in contentious legal battles with city governments across the country, and has become one of the most high-profile California tech companies to dramatically disrupt a longstanding industry, raising complex challenges for regulators.

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  • 2 weeks later...

http://www.msn.com/en-us/news/politics/warren-nasty-women-to-cast-our-nasty-votes-against-trump/ar-AAjlsQr?OCID=ansmsnnews11

Donald Trump has plenty of critics, but there are few who relish the role more than Elizabeth Warren.

That clearly seemed to be the case at a Monday rally in Manchester, N.H., as the Massachusetts senator took aim at Trump over his comment at last week's Las Vegas debate that Hillary Clinton was "such a nasty woman."

In introductory remarks before Clinton took the stage, Warren cited Trump's controversial comments about women over the years, as well as the 2005 Access Hollywood recording in which he's heard bragging that his celebrity status enabled him to grope women. "He thinks that because he has a mouthful of Tic-Tacs that he can force himself on any woman within groping distance." 

She added: "I've got news for you, Donald Trump: Women have had it with guys like you, and nasty women have really had it with guys like you."

Warren wasn't done, though, saying that "nasty women" are "tough" and "smart."

"And on Nov. 8, we nasty women are going to march our nasty feet to cast our nasty votes to get you out of our lives forever," she said. 

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  • 3 weeks later...

http://blogs.wsj.com/washwire/2016/11/15/elizabeth-warren-criticizes-donald-trump-over-lobbyists-in-transition-team/

Sen. Elizabeth Warren took sharp aim at President-elect Donald Trump’s emerging administration, saying the involvement of corporate lobbyists and business leaders contradicted his campaign promises to shake up the Washington establishment.

Speaking at The Wall Street Journal’s CEO Council event in Washington, D.C., on Tuesday, Ms. Warren, a Massachusetts Democrat and outspoken critic of corporate influence in public policy, said that Mr. Trump’s popular mandate from the electorate was one of curbing special interests, not embracing them.

“I think that the clearest point that comes out of this election is that the American people do not want Wall Street to run their government. They do not want corporate executives to be the ones who are calling the shots in Washington,” Ms. Warren said, to an audience comprised largely of corporate executives.

“What Donald Trump is doing is that he’s putting together a transition team that’s full of lobbyists — the kind of people he actually ran against,” she said.

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