Articles Tagged with ''Senator Elizabeth Warren''

Warren questions Kushner's $800 million Freddie Mac loan

Asks if "special treatment" played a part in massive government-backed loan
Sen. Elizabeth Warren, D-MA, recently called attention to a loan received by Kushner Cos., the real estate company owned by the family of Jared Kushner, son-in-law and advisor to President Donald Trump. In a letter to Freddie Mac CEO Donald Layton, Warren and Sen. Tom Carper, D-DE, questioned whether the $800 million Freddie Mac loan was pushed through because of the real estate company’s connection to Jared Kushner.
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Warren unveils sweeping legislation to address affordable housing crisis

Senator introduces legislation to bring relief to struggling homeowners and renters
This week, Sen. Elizabeth Warren, introduced a new proposal that seeks to ease America’s ongoing affordable housing crisis. The National Lumber and Building Material Dealers Association welcomes the legislation, but fears funding for the act could make it difficult for family-owned businesses to transition to the next generation.
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Elizabeth Warren pushing CFPB for more oversight of nonbank mortgage servicers

Joins with Congressman Elijah Cummings to call for increased regulation
In a letter sent Monday to Consumer Financial Protection Bureau Director Richard Cordray, Sen. Elizabeth Warren and Rep. Elijah Cummings called on the CFPB to increase its oversight of nonbank mortgage servicers, citing a report from the U.S. Government Accountability Office on the rise of nonbank servicers and CFPB's lack of information about them.
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Sen. Warren responds to Jamie Dimon you-don't-get-it swipe

“I fully understand the system…and that’s why they don’t like me.”
One day after JPMorgan Chase CEO Jamie Dimon took a swipe at Sen. Elizabeth Warren, D-Mass., saying that he doesn’t know if she fully understands the global banking system, Warren responded in kind. You didn’t think she was going to let this one go, did you?
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Sen. Warren believes Obama’s trade deal could lead to Dodd-Frank repeals

Fights back against Trans-Pacific Partnership and “fast track” authority
In an uncharacteristic bit of Democratic Party in-fighting, Sen. Elizabeth Warren is loudly fighting back against a massive trade deal being pushed by President Obama because she is worried that one of the trade deal’s provisions could lead to future attacks against the Dodd-Frank Act.
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JPMorgan’s Dimon to Sen. Warren: Hit me with a fine. We can afford it

New afterword from Warren’s book reveals tense exchange
It’s probably safe to say that of all the elected officials that walk the halls on Capitol Hill, Sen. Elizabeth Warren isn’t Wall Street’s favorite, but a newly released excerpt from Warren’s book “A Fighting Chance,” shows just how tense her interactions with Wall Street’s bigwigs can be.
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Warren calls for GAO investigation of nonbank servicers

Asks GAO to review “unprecedented” growth of nonbank servicers
Sen. Elizabeth Warren, along with Congressman Elijah Cummings, sent a letter this week to the U.S. Government Accountability Office, requesting an investigation into the risks posed to consumers by the “unprecedented” growth in nonbank mortgage servicing.
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