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The Latest Breaking News from Elizabeth Warren

Elizabeth Warren and Lindsey Graham Will Break the Internet

The senators say they're creating an "independent, bipartisan regulator charged with licensing and policing the nation's biggest tech companies." What could go wrong?

Reason

Twitter Escalates Legal Battle, Seeks Subpoena Of Sen. Warren

Twitter plans to subpoena Senator Warren amid legal dispute with Musk.

Zenger

Ron DeSantis Bullies Bud Light Like Elizabeth Warren Bullies Amazon

DeSantis talks a lot about freedom but increasingly only applies it to those who agree with him.

Reason

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NYC Agrees To Pay $13 Million to Activists Arrested in 2020 Racial Justice Protests

Plus: Twitter subpoenas Elizabeth Warren's communications with the SEC, mortgage rates are starting to fall, and more...

Reason

Biden urged to tackle medical debt beyond credit cards - Roll Call

While consumer groups have lauded Biden's investigation into medical credit cards, they want him to move quickly and more broadly.

Roll Call

Elizabeth Warren slams Elon Musk for creating conflicts of interests with Twitter as she asks SEC to probe Tesla. ‘Personal wealth does not shield him from basic governance rules’

She also questioned his close relationships with several Tesla board members and whether the board had failed to act in shareholders’ best interests.

Fortune

Sen. Warren Urges SEC To Investigate Tesla’s Twitter Acquisition

Concerns raised over potential conflicts of interest and misappropriation of corporate assets.

Zenger

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Elizabeth Warren Criticizes Amazon’s Tax Payments During Record-Breaking Prime Day 2023

Senator cites firm's history of avoiding federal income taxes despite huge profits; calls for minimum tax on corporate earnings.‌

Zenger

Tax prep firms shared private data from millions of customers with Meta and Google, lawmakers say

Potential breach of taxpayers’ incomes, tax refund and personal information should be ‘immediately’ investigated, congressional investigation urges

The Independent UK

Senators Lummis and Gillibrand finally unveil their revamped crypto bill

The legislative proposal inserts the Senate back in the conversation and empowers the CFTC.

Fortune

‘Most comprehensive proposal to date’: Lummis and Gillibrand to reintroduce landmark crypto bill

The long-awaited legislation would tackle thorny questions like market structure and stablecoin oversight.

Fortune

Medical credit cards may lead patients to overpay for their health care, Democrats warn

A group of Democratic senators is asking the Consumer Financial Protection Bureau to take action against medical credit cards such as CareCredit, saying the cards’ deferred interest features are confusing and often lead to consumers paying high interest rates after a promotional period has ended

The Independent UK

Meghan Markle tops Democratic party's 2023 candidate list, US election poll suggests

According to a poll by the Washington-based Democracy Institute of Democratic voters, 25 per cent said the Duchess would be best for the job out of a list of female runners.

Daily Record

Bitcoin's Greatest Test

The FTX meltdown, "Operation Chokepoint 2.0," and a "crypto winter" have only strengthened the resolve of the enthusiasts Reason spoke with at the annual National Bitcoin Conference in Miami.

Reason

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Tribune News Service

NDAA could address Pentagon’s ‘revolving door’

WASHINGTON — Lawmakers in both chambers are looking to rewrite the ethics and lobbying rules that affect Pentagon officials, retired brass, executives with U.S. defense contractors and even foreign governments.

Roll Call

NDAA could address Pentagon's 'revolving door' - Roll Call

Warren's bill would impose stricter rules on former Defense Department officials who go to work for defense contractors.

Evening Standard

Senior US politicians demand investigation into PGA Tour-LIV Golf deal

United States senators Elizabeth Warren and Ron Wyden have asked the US Justice Department (DOJ) to open an anti-trust investigation into the planned deal between the PGA Tour and LIV Golf, saying they believe it would result in a monopoly over professional golf operations.

Fortune

Elizabeth Warren says in letter to DOJ that Binance apparently gave Congress 'false and misleading information'

Warren and another Democratic senator sent a letter to Attorney General Merrick Garland on Wednesday.

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Salon

Twitter had a bad case of the Mondays

Elon Musk is now ex-CEO as Twitter’s child abuse problem revealed, ad sales plummet and senators launch inquiry

StockNews.com

Is Digital World Acquisition (DWAC) a Winner?

Shares of special purpose acquisition company Digital World (DWAC) have plummeted more than 70% over the past year. The stock has been on a downtrend since news of the merger with Donald Trump’s media company broke in 2021, with federal investigations delaying the deal’s closing. So, following Trump’s recent indictment,…

Los Angeles Times

Does announcing for president on Twitter prove Ron DeSantis is too online?

WASHINGTON — Florida Gov. Ron DeSantis' presidential announcement Wednesday — a glitchy live broadcast on Twitter — was the latest example of the Republican candidate's all-out effort to court his party's most online activists.

Broadcasting & Cable

Sen. Elizabeth Warren Advises FCC to Keep Vetting Standard General-Tegna

Massachusetts Democrat signals that the public interest demands no less

The Guardian - US

Democrats to urge Biden to use 14th amendment powers to avert ‘global economic catastrophe’

Senators including Elizabeth Warren and Bernie Sanders argue in letter that Republicans are not negotiating ‘in good faith’

The Independent UK

CEO pay again in focus as the heads of failed banks appear before Senate panel

The recent failures of a trio of midsize banks has once again raised questions on whether executive compensation is tilted toward short-term gains rather than companies' long-term health

Roll Call

Bipartisan interest in new deposit insurance cap, but for whom? - Roll Call

Lawmakers are talking about raising the deposit insurance cap, but don't have consensus about how to do it.

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