Two lawmakers are asking Silicon Valley Bank depositors if their executives received personal perks from the bank. In a letter dated Sunday (April 9) and sent to the companies, Sen. Elizabeth Warren, D-Mass., and Rep. Alexandria Ocasio-Cortez, D-N.Y., asked about recent media reports that executives...
Sen. Elizabeth Warren and Rep. Alexandria Ocasio-Cortez are the latest Democrats to call on the administration to place a moratorium on mergers and acquisitions (M&As) during the COVID-19 crisis. The lawmakers introduced the Pandemic Anti-Monopoly Act on Tuesday (April 28). If approved, the measure would...
Ralph Waldo Emerson is credited with saying that if one were able to build a better mousetrap, the world would beat a path to their door. But he never actually said or wrote that – he wrote something that had a similar meaning, but never...
Democratic presidential candidate Sen. Bernie Sanders and New York Rep. Alexandria Ocasio-Cortez moved today to introduce legislation that would cap rates on credit cards and other consumer financial services at 15 percent. In an announcement on Thursday (May 9), Sanders and Ocasio-Cortez accused banks and other...
March 13, 2024
American lawmakers have approved a bill that could ban TikTok in the U.S. The U.S. House of Representatives voted 352-65 Wednesday (March 13) in favor of the legislation, aimed at compelling ByteDance, the Chinese owner of the popular social media platform, to divest its U.S. assets within six months. Failure to comply could lead to a ban on TikTok, something […]
April 10, 2023
Two lawmakers are asking Silicon Valley Bank depositors if their executives received personal perks from the bank. In a letter dated Sunday (April 9) and sent to the companies, Sen....
April 28, 2020
Sen. Elizabeth Warren and Rep. Alexandria Ocasio-Cortez are the latest Democrats to call on the administration to place a moratorium on mergers and acquisitions (M&As) during the COVID-19 crisis. The...
March 22, 2019
With the 2020 presidential election on the horizon, the theme of growing access to the banking system is becoming front and center. Democrats such as U.S. Representative Alexandria Ocasio-Cortez and...
