Sen. Elizabeth Warren (D-Mass.) sent a letter to the Federal Reserve on Monday urging them to break up Wells Fargo and take “immediate action” regarding its “unethical and anti-consumer conduct”. In a letter to Fed Chairman Jerome Powell, Warren noted that widespread corruption within the scandal-plagued bank poses “substantial risks” to both consumers and the financial system, and asked…
Democrat Lawmakers Introduce Bill to Change ‘Racist’ Names of Public Places
Democrat lawmakers recently introduced a bill that would rename places around the country that have “racist” history or “bigoted” names, as part of their ongoing efforts to address aspects of U.S. history they deem offensive. U.S. Sens. Ed J. Markey (D-Mass.), and Elizabeth Warren (D-Mass.) introduced the Reconciliation in Place Names Act, which was originally…
Not All Senate Democrats are Convinced Biden Should Forgive Student Loan Debt
Progressive Democrat Sen. Elizabeth Warren (D-Mass.) has been leading the effort to have President Joe Biden use his existing authority to cancel $50,000 in student debt, but not all her Democrat colleagues are in agreement with the idea. While many Senate Democrats agree with Biden canceling student loan debt, there are other senators who question…
Biden Gets Pushback From Progressives After Rejecting Proposal to Cancel Student Loan Debt
President Joe Biden got immediate pushback on Tuesday from progressives in his own party after he rejected a Democratic plan pushed by Senate Majority Leader Chuck Schumer (D-N.Y.) and Sen. Elizabeth Warren (D-Mass.) to abolish student loan debt by up to $50,000 per borrower. “I will not make that happen,” he said of the $50,000 relief…
Statue of Confederate General Robert E. Lee Removed From US Capitol Building
Virginia’s governor announced Monday that his state chose to remove the Confederate statue of Robert E. Lee from the U.S. Capitol building, adding that the statue of Lee will be replaced by a statue of civil rights leader Barbara Jones. Gov. Ralph Northam, a Democrat, expressed his support for the removal of the Lee statue,…
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