Tag: wall street
Warner on Trump order targeting Wall Street reform
U.S. Sen. Mark R. Warner issued a statement regarding President Trump’s order targeting the Dodd-Frank Wall Street reform law.
The short memory of Bernie Sanders
During his interview with the New York Daily News, Bernie Sanders was asked to specify the fraud committed by Wall Street banks.
Bernie Sanders calling Clinton bluff on Wall Street speech transcripts?
The Bernie Sanders campaign on Friday urged Hillary Clinton to keep her word and release the transcripts of speeches she gave to Wall Street firms “when everybody else does.”
Bernie Sanders winning support for Wall Street reform plan
The Wall Street reform plan of Democratic Party presidential candidate Bernie Sanders has the backing of 170 economists and financial experts.
Bernie Sanders: Wall Street will play by the rules if I’m president
U.S. Sen. Bernie Sanders promised to remake the financial system to serve America’s working families.
Hillary Clinton proposes plan to tackle Wall Street abuses
Today Hillary Clinton unveiled proposals to tackle excessive risk-taking and enhance accountability both on Wall Street and throughout the financial sector.
No more tax break Christmas trees
Christmas came early this year to some of Washington’s biggest special-interest groups when Congress passed legislation that was laden like a decorated Christmas tree with some of the finest-looking and most expensive ornaments lobbyists can buy.
Robert Hurt: Dodd Frank’s impacts continue to hamper Main Streets
Four years ago, President Obama signed the Dodd Frank Act, which was intended to address the underlying issues that led to the financial crisis and create a safer financial system.
How a fairer tax code can improve America’s infrastructure
As Congress heads home to celebrate the Fourth of July, it leaves with two critical issues unaddressed. The first is the increasing – and troubling – trend of big corporations essentially giving up their American citizenship and reincorporating overseas to reduce their U.S. taxes.
Dave Brat blasts Eric Cantor for humanitarian crisis
The crisis at the border is growing every minute, every hour, every day. No House Congressman has done more to encourage illegal immigration than Eric Cantor, who claims amnesty is required by the “the great founding principles of our nation.”
Mark Warner announces Senate campaign co-chairs
Sen. Mark Warner’s re-election campaign today announced eight Virginians from across the Commonwealth who will serve as campaign co-chairs.
Mark Warner Senate campaign has raised $1.4M since April 1
Senator Mark Warner’s re-election campaign today announced that it has raised more than $1.4 million since April 1, bringing the total raised to date to more than $12.6 million.
You pay taxes: Why doesn’t General Electric?
You pay your fair share of taxes. Small businesses do too. It’s the price we pay to educate our kids, protect our communities and have some security in retirement. Why shouldn’t some of America’s largest corporations pay their fair share too?
Mark Warner Senate campaign reports $11.2 million in fundraising
Sen. Mark Warner’s re-election campaign announced its first quarter fundraising numbers today. During this election cycle, Friends of Mark Warner has raised more than $11.2 million and has over $8.8 million cash on hand.
Randy Forbes: Betting the farm
We do our nation no good when we attempt these broad comprehensive plans at the federal level. Why? Because we bet the farm. Even if reforms are necessary, going all-in when the stakes are high is incredibly risky.
Mark Warner starts 2014 campaign with $7.1 million cash on hand
Friends of Mark Warner, the 2014 campaign of U.S. Sen. Mark R. Warner of Virginia, announced its year-end fundraising numbers today. During the fourth quarter of 2013, the campaign received contributions totaling nearly $1.6 million. Friends of Mark Warner ended 2013 with more than $7.1 million cash-on-hand.
Frank Clemente: This Christmas, help the unemployed, not Wall Street
When holiday shoppers make a bad choice, the worst result may be an ugly sweater. But Congress recently made a bad choice that will ruin the holidays for over a million families—and will spoil the coming new year for millions more.
Chris Graham: Unchained melody
Unchain Wall Street. Put us back in chains. It’s OK to say one, but not the other. Shame on all y’all, really. The toothpaste is out of the tube, so it’s only going to get much, much worse between now and November. But that said, haven’t we all had it up to here and beyond with the negativity? This is what we get for putting in place a Supreme Court that felt it necessary to protect the rights of billionaires to spend as much money as they can to help their favored candidates win elections
Holly Sklar: Wall Street has already voted
Before Wall Street drove our economy off a cliff, bullish Citigroup strategists dubbed the United States a “plutonomy.” They said, “There are rich consumers, few in number, but disproportionate in the gigantic slice of income and consumption they take. There are the rest, the ‘non-rich,’ the multitudinous many, but only accounting for surprisingly small bites […]
David Brodwin: The business case for fair elections
This year, the United States Supreme Court reversed years of precedent limiting how corporations may spend money to influence elections. This decision will substantially increase the importance of corporate influence in politics—both in determining who gets elected and how they decide once they are in office. As executives, owners, investors, and business professionals involved in […]
Mark Warner: Every Virginian has a stake in Wall Street reforms
Our nation will take an important step forward today to bring greater accountability to Wall Street and provide greater security to folks on Main Street. Every Virginian has a stake in the comprehensive financial reform legislation that becomes law today. Eighteen months ago, our nation was on the verge of an economic catastrophe. Many families […]
Frank Knapp Jr.: Restoring balance between Wall Street and Main Street
Column by Frank Knapp Jr. Submit guest columns: freepress2@ntelos.net The South Carolina Small Business Chamber of Commerce, the U.S. Women’s Chamber of Commerce and small business organizations and owners across this country want Wall Street Reform. But you wouldn’t know that from the attention the media gives to the U.S. Chamber of Commerce, which […]
David Hills and Michael Lent: Financial reform
Column by David Hills and Michael Lent Submit guest columns: freepress2@ntelos.net Millions of America’s small business owners suffer from bad practices on Wall Street – something often given short shrift in debate about creation of a consumer financial protection agency.
Remarks from Deputy Treasury Secretary on financial services
Thank you, John, for that kind introduction. Good afternoon, everyone, and thanks for the opportunity to be with you today. This is, I think, a particularly important time for you to be gathering – and a particularly opportune moment for me to talk with you about some of the reforms that the Administration has proposed […]
Raj Date | Establishing minimum standards for the safety of financial products
Given the urgency and severity of the financial crisis, it is not surprising that most policymakers have to date been focused on here-and-now tactical initiatives to stabilize the financial system, rather than laying the foundation for a more sound and better regulated system in the future.
Shane Lam | A checklist for surviving the financial crisis
Over the past few months, the news has been almost incomprehensible. It’s hard for many of us to make sense of the failure of major Wall Street firms and large banks and the $700 billion bailout of the financial sector. And it’s hard for investors to be calm when stocks have fallen more than 40 […]
A downturn, or a chance to regroup?
I don’t want to accept that we’re in an “economic downturn” just because everybody says that we are. OK, sure, I get it. The banks aren’t loaning money because they got burned by the subprime-lending fiasco. And now the auto industry is supposedly on the kabosh. And factories are laying off left and right, just […]
Sam Rasoul | 10 Points To Help Rebuild Our Economy
On the verge of global economic collapse, we hear many ideas about how to improve our economy. Just spending more is not going to work. You can add all the fuel you want to a broken engine, but our nation needs to make some fundamental changes. If we are going to spend trillions in taxpayer […]
David Reynolds: Why it happened
Column by David Reynolds Greed. That’s OK for a one-word answer. But the editor allots me 800 words each week, so I should say a little more. I could say that before their sudden death, the investment banks were not subject to the same regulatory controls we place on commercial banks. But that is still […]
Business and Economy: Let ’em go under?
Column by Chris Graham freepress2@ntelos.net To my surprise, that’s what I’m hearing friends on both the Democratic and Republican sides of the aisle say about the proposed $700 billion Wall Street bailout. “If it was your business that was failing, they wouldn’t bail you out,” one friend who is a Downtown Waynesboro business owner told […]
Videocast: Stocks tumble as bailout deal fails
Video from an Associated Press report on the mood on Wall Street in the wake of the failure of Congress to come to an agreement on the proposed bailout. Length: 2:12
Videocast: Bush addresses bailout negotiations
Video from the Associated Press featuring President Bush talking about the stalled negotiations on a proposed $700 billion Wall Street bailout. Length: 2:11
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