Warren sounds alarm on T-Mobile, U.S. Cellular deal with Justice Department, FCC

Sen. Elizabeth Warren, D-Mass., speaks during the Senate Armed Services Committee hearing on security in Afghanistan and in the regions of South and Central Asia, in the Dirksen Building in Washington, D.C., on Oct. 26, 2021. Tom Williams | CQ-Roll Call, Inc. | Getty Images WASHINGTON — A group of Democratic senators are sounding the … Read more

Democrats ask Raimondo for more oversight on CHIPS funding

U.S. Secretary of Commerce Gina Raimondo testifies during the House Science, Space and Technology Committee hearing titled “Chips on the Table: A one year review of the CHIPS and Science Act,” in the Rayburn Building in Washington, D.C., on Sept. 19, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images WASHINGTON — A group … Read more

Elizabeth Warren Cheers Wealth Tax Prospects Following Supreme Court Decision

WASHINGTON ― The Democratic dream of new taxes on accumulated wealth is still alive thanks to a semi-friendly Supreme Court decision. Big-money groups that backed a legal challenge to part of a 2017 tax law had hoped the high court would take the opportunity to ban wealth taxes as proposed by Democrats like Sen. Elizabeth … Read more

Warren warns Powell against weakening Basel III Endgame regulations

Sen. Elizabeth Warren, D-Mass., speaks during the Senate Armed Services Committee hearing on security in Afghanistan and in the regions of South and Central Asia, in the Dirksen Building in Washington, D.C., on Oct. 26, 2021. Tom Williams | CQ-Roll Call, Inc. | Getty Images Sen. Elizabeth Warren, D-Mass., is accusing Federal Reserve Chair Jerome … Read more

Elizabeth Warren Urges Dems To Stand Firm On 2025 Tax Fight

Sen. Elizabeth Warren (D-Mass.), a leading figure in the Democratic Party’s liberal wing, warned her fellow Democrats on Monday to not shy away from next year’s fight over whether to extend temporary tax cuts enacted by former President Donald Trump in 2017. “The 2025 tax fight will create a huge opportunity to break with decades … Read more

Three Dem Senators Urge Rate Cut At Upcoming Fed Meeting

The Federal Reserve should cut interest rates this week for the first time since the onset of the COVID-19 pandemic, three Democratic senators said Monday in a letter to its chairman, Jerome Powell. “The Fed’s monetary policy is not helping to reduce inflation. Indeed, it is driving up housing and auto insurance costs — two … Read more

Trump campaign starts taking cryptocurrency donations

Former US President Donald Trump speaks during a campaign event at the Waukesha Expo Center in Waukesha, Wisconsin, US, on Wednesday, May 1, 2024.  Daniel Steinle | Bloomberg | Getty Images The Trump campaign announced Tuesday it will start accepting cryptocurrency donations, casting the move as one of solidarity with opponents of “socialistic government control” … Read more

UnitedHealth Group CEO takes bipartisan heat in Senate hearing over cyberattack

UnitedHealth Group CEO Andrew Witty took fire from both sides of the aisle Wednesday during his testimony before the Senate Finance Committee on the cyberattack on Change Healthcare, a subsidiary of his company. Senate Finance Chair Ron Wyden (D-Ore.) made it clear straight out of the gate that he blamed Witty’s leadership for the cyberattack, … Read more

TikTok ban opponents pin hopes on Senate

Opponents of legislation that could ban TikTok in the United States are pinning their hopes on the Senate as the House readies to send a major foreign aid package to the upper chamber. The legislation would force TikTok’s Chinese parent company ByteDance to sell the popular app or be banned in the U.S., and it … Read more

‘It Makes No Sense’: Democrats Reject Calls For Sonia Sotomayor To Retire Early

WASHINGTON – Senate Democrats dismissed calls for Supreme Court Justice Sonia Sotomayor to step down in order to ensure President Joe Biden has the chance to name her successor while his party controls the Senate this year. “I don’t think there’s anything I know about her medical condition that would disqualify her from continuing. I … Read more