Elizabeth Warren

Bankers back bill to let states determine marijuana rules

04/04/19

A broad bill that amends the Controlled Substances Act to formally recognize state laws legalizing marijuana has the support of the financial services industry.

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Warren doubles down on ending ‘too big to jail’

04/03/19

The Massachusetts senator introduced legislation Wednesday that would require executives of large corporations to serve jail time when their companies commit crimes, including for violations of civil law.

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CFPB, FTC need more teeth in dealing with credit bureaus, GAO says

03/26/19

The watchdog’s report — requested by Sen. Elizabeth Warren, D-Mass., and Rep. Elijah Cummings, D-Md. — called for civil money penalty authority and better supervision to guard consumer data.

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Sens. Warren, Brown call on regulators to oust Wells Fargo CEO Sloan

03/22/19

The Democrats are asking the OCC and the CFPB to use their authority to remove Tim Sloan, who became CEO in 2016.

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Warren drops CRA mandate for credit unions as part of housing bill

03/13/19

The 2020 presidential hopeful removed the contentious provision from a previous version of the bill that had won praise from bankers but sparked fierce opposition from credit unions.

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U.S. may probe Swedbank; Bramson’s tougher road to board

03/01/19

The U.S. embassy wants to meet with Sweden’s financial regulator over AML concerns; revelation that he borrowed to buy Barclays shares doesn’t sit well with others.

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Democrats to Fed's Powell: Take hard look at BB&T-SunTrust deal

02/26/19

Lawmakers on the Senate Banking Committee pushed Federal Reserve Chair Jerome Powell for details about how he plans to review the proposed merger between the two regional banks.

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Another political storm is brewing for big banks

02/25/19

The 2020 Democratic presidential candidates are far more emboldened to offer radical reforms to the financial system than their predecessors — reforms that could ultimately take hold if one of them wins.

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Big, small banks have different ideas on how to fix pot banking

02/14/19

They all agree that legislation is needed, but the two approaches being offered are exposing tensions.

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Future of big-bank M&A could hinge on 2020 election

02/08/19

Some have suggested the BB&T-SunTrust deal could spur similar ones, but prolonged M&A growth is hardly a sure thing in this political environment.

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