Tag: Elizabeth Warren
Elizabeth Warren Says Crypto Needs to Follow the Same Rules as Rest of Financial System
"I wanna collaborate with the industry, what I don't understand is why the industry seems to be saying that they only way that they can survive is if [...]
Why Capital One is buying Discover in the biggest merger yet of 2024
Capital One CEO and Chairman, Richard Fairbank.Marvin Joseph| The Washington Post | Getty ImagesCapital One's recently announced $35.3 billion acquisi [...]
Did Elizabeth Warren Just Endorse Bitcoin? Not So Fast
A stunt from Bitcoin supporters led to the appearance that the U.S. senator and staunch cryptocurrency opponent Elizabeth Warren signed an order for a [...]
JPMorgan Chase, Wells Fargo cut overdraft revenue to $2 billion in 2023
Pedestrians pass a JPMorgan Chase bank branch in New York.Michael Nagle | Bloomberg | Getty ImagesThe three biggest American retail banks collected 25 [...]
Senator Warren Says Crypto Lobbyists Are Undermining Congress on Terror Financing
Warren asked for information on the employment of former government officials by crypto firms, highlighting concerns about the "revolving door" of pub [...]
JPMorgan’s Jamie Dimon and Sen. Elizabeth Warren Team Up to Bash Crypto
JPMorgan Chase CEO Jamie Dimon has never been shy about trashing crypto, even while his giant Wall Street bank became a leader in using blockchain tec [...]
Senator Elizabeth Warren: Washington’s Crypto Critic-in-Chief
"Some in the crypto industry say that anti-money laundering rules can work so long as they exempt so-called decentralized entities – the crypto exchan [...]
Media Reported Hamas Got Millions Via Crypto, but Elliptic Says The Data Was Misconstrued
"The most prominent public crypto fundraising campaign has been operated by Gaza Now, a pro-Hamas news organization," according to Elliptic. "However, [...]
Uninsured pay high costs for insulin Eli Lilly vowed to lower
An Eli Lilly and Company pharmaceutical manufacturing plant is pictured in Branchburg, New Jersey, March 5, 2021.Mike Segar | ReutersUninsured America [...]
American banks face more pain, huge shift
JPMorgan Chase & Co CEO Jamie Dimon testifies during a Senate Banking, Housing, and Urban Affairs Committee hearing on Capitol Hill September 22, [...]
FTC preparing to block Amgen-Horizon Therapeutics deal, report says
Robert Galbraith | ReutersHorizon Therapeutics' stock price plunged more than 17% in premarket trading Tuesday after a report that the Federal Trade C [...]
What ‘millionaire tax’ plans on California, Massachusetts ballots mean for taxpayers
How states plan to spend 'millionaire tax' revenueWhile the proposed taxes sound similar, there are differences in how each state plans to use the rev [...]
There’s a growing interest in wealth taxes on the super-rich
Sen. Ron Wyden, D-Ore., speaks during a Senate Finance Committee nomination hearing on Feb. 23, 2021.Greg Nash | Pool | ReutersAmericans increasingly [...]
Capital One says it’s ditching all consumer overdraft fees
Capital One says it is eliminating all overdraft fees for retail banking customers.It's the largest U.S. bank yet to end the industry practice of c [...]
Senate Democrats push for billionaire tax to help fund spending plan
U.S. Senate Finance Committee Chairman Ron Wyden, D-Ore., questions IRS Commissioner Charles P. Rettig at a June 8, 2021 Senate Finance Committee h [...]