Elizabeth Warren Blog - #ShePersistedA blog about Elizabeth Warren and her Persistence
Elizabeth Warren is speaking out against big bank Wells Fargo. Bloomberg has the story here.
U.S. Senator Elizabeth Warren renewed her attack on Wells Fargo & Co., urging the Federal Reserve to remove the 12 directors who were on the board when bank employees set up legions of fake customer accounts.
In April, shareholders voted narrowly to re-elect all 15 board members after some proxy advisers and large investors had urged that the majority be voted off.
Unbelievable. A bank can commit widespread fraud and their shareholders still don’t seem to care. At least Elizabeth Warren does. At times she seems like the lone voice of sanity in Washington D.C.
Warren’s real goal probably isn’t to oust the firm’s board, but to use the Wells Fargo scandal as a means of rebutting Republican calls for broad bank deregulation, said Isaac Boltansky, an analyst at Compass Point Research & Trading. ‘‘It’s about defending the regulatory regime,” Boltansky said in a phone interview. “Senator Warren’s big fear is that the call for medium-size and smaller bank deregulation will be used as a Trojan horse” for easing rules against the biggest lenders.
Deregulation after seeing something like the Wells Fargo debacle just makes zero sense.
Yellen said in September congressional testimony that the central bank had initiated “a broad-based review” of compliance regimes and governance at the largest banks. “I think it is very important that senior management be held accountable,” she said at that time.
Let’s hope she listens to Elizabeth Warren and does her damn job.
Elizabeth Warren is back from Afghanistan and speaking her mind. See what she has to say about troops levels, diplomacy and an exit strategy!
Elizabeth Warren took a very important July 4th trip to Afghanistan this week. Alongside Senator McCain, Elizabeth Warren met our troops, read more here!
Elizabeth Warren has Republicans scared; so scared they have launched the Deal Her Out SuperPAC. Find out why Elizabeth Warren has Republicans frightened!
A glowing and beautiful guest essay from Kathleen Valley Stein in the The San Gabriel Valley Tribune. Find out why Elizabeth Warren resonates with so many!
Elizabeth Warren delivers scathing remarks to the GOP on the latest healthcare monstrosity. Must watch video from her Facebook page.
The Rock Loves Elizabeth Warren! This megawatt star with the million dollar smile loves the respect and admiration Elizabeth Warren shows for Ballers
Fantastic article written by Elizabeth Warren herself on why CEOs should care about the awful GOP Healthcare Bill. Must read.
Hilarious clip of Elizabeth Warren on “Full Frontal” with Samantha Bee. Watch her discuss democracy, the middle class and the ShePersisted moment!
Elizabeth Warren introduced legislation that would require the military to include problem gambling screens in annual health and behavioral surveys.
Great article about Elizabeth Warren and Single Payer healthcare. Progressives should embrace single payer. Find out more!