President Trump cannot illegally fire independent Fed Board members.
Anyone can see he is trying to find a scapegoat for his failure to lower costs for Americans.
President Trump cannot illegally fire independent Fed Board members.
Anyone can see he is trying to find a scapegoat for his failure to lower costs for Americans.
The Attorney General saying the quiet part out loud: The Trump Administration's intent is to illegally "dismantle" an agency that has returned $21 billion to Americans scammed by Wall Street.
Her victory lap shows how ridiculous the courtβs decision was. No one else is fooled.
This divided decision willfully ignores the Administrationβs lawless attempt to destroy an agency created by Congress that has helped millions.
But the Administration cannot yet resume its illegal attempt to shut down the CFPB.
The fight continues.
Nobody is fooled by President Trump and Republicans' sudden interest in building renovations β it's clear pretext to fire Fed Chair Powell.
Senator Elizabeth Warren calls the lack of cryptocurrency regulation a "corruption superhighway" while explaining what regulations are necessary as the industry makes inroads with Donald Trump.
Republicans are trying to slash funding for the Consumer Financial Protection Bureau in their Big, Ugly Bill.
The CFPB has returned $21 billion directly to 205 million Americans scammed by giant banks and corporations.
Democrats are introducing an amendment to stop these cuts.
Ranking Member Warren's statement on May 2025 PCE:
If Jeff Bezos can afford to rent Venice for a $50 million wedding, he can afford to pay his fair share in taxes.
Senate Banking and Housing Democrats (@banking.senate.gov) is on Bluesky!
I want to see interest rates come down.
If it wasnβt for Trumpβs chaotic tariff war, they would already be down.
Donald Trump is standing in the way of lower costs for families.
www.youtube.com/watch?v=K9FY...
These proposals are a dangerous attack on consumers that would lead to more Americans being cheated by big companies and risk our nation's financial stabilityβall to hand out tax breaks to billionaires.
Democrats fought back, and we'll keep fighting back against this ugly bill.
Leader Thune is blocking critical amendments that would fix the GENIUS Act β including stopping Donald Trump from lining his pockets with shady crypto deals.
Democrats have the power to push for fixes to this bill. We should use it.
NEW PIECE: The βOne Big Beautiful Bill Actβ Eliminates the Office of Financial ResearchβThreatening the Stability of the Treasury Market
www.crisesnotes.com/the-one-big-...
The GENIUS Act is deeply flawed. Democrats and Republicans have proposals to fix this billβand it should not pass without them.
Senator Josh Hawley on the GENIUS Act: "It allows these tech companies to issue stablecoins without any kind of controls. I donβt see why we would do that." www.nytimes.com/2025/06/06/b...
President Trump's βBig, Beautiful Billβ will make it easier for big banks and giant corporations to cheat you as Republicans try yet again to shut down the CFPB.
I will use every tool at my disposal to defeat this attack on consumers, including challenging it under Senate rules.
A Nobel Prizeβwinning economist and financial crisis expertβs take on the GENIUS Act.
Maybe itβs time to rethink the genius part.
Donald Trump wants Congress to pass the GENIUS Act, which will make it easier for him and his family to line their pockets.
The Senate has an opportunity to stop this kind of corruption and fix this bill.
Watch this @weeklyshowpodcast.bsky.social clip:
The Trump family stablecoin surged to 7th largest in the world because of a shady crypto deal with the United Arab Emiratesβa foreign government that will give them a crazy amount of money.
The Senate shouldnβt pass a crypto bill this week to facilitate this kind of corruption.
Last week was crazy - so wanted to make sure folks didn't miss this incredible appearance from @warren.senate.gov on CNBC when she took a bite out of one of their anchors & took her to school on Trump's nonsensical tax raise (aka tariffs) often magically benefiting certain monopolies.
Just π₯
Senator Elizabeth Warren calls for SEC investigation into Trump's handling of tariffs...
youtu.be/dLZ-qAY4TP8
Elizabeth Warren on CNBC explains why Trump illegally firing Jerome Powell would wreck the economy and take the US down a fast track toward dictatorship
π¨ Today: Mass firings just hit the CFPB. This is because Trump and Musk are trying to gut the Consumer Financial Protection Bureau β the agency that protects regular people like you & me from being scammed by banks, credit card companies, and shady online platforms. 1/
President Trump just fired two board members at the National Credit Union Administration in his latest attack on consumers.
Yet another attempt by Trump to skirt the rule of law, undermine independent agencies, and illegally purge the government of those working for Americans.
Before the 2008 economic crash, I rang the alarm about the risks building in our economy. Iβm doing it again.
Our economy is flashing red warning lights as a result of Donald Trumpβs economic sabotage.
Read more from me about how we stop it:
senatebankingdemocrats.substack.com/p/flashing-r...
Did President Trump tip off big donors or family to cash in on his tariff chaos?
Today with @schumer.senate.gov and Senate Democrats, I officially called for an SEC investigation to find out.
Presidents are not kings.
Elizabeth Warren: "Donald Trump's attempt at tariffs is just dumb. It's broad. It makes no sense. What do we gain by putting a big tariff on lumber from Canada, except that the cost of building a new house goes up?"
paulkrugman.substack.com/p/a-conversa...
The line outside Pearl Cohn Magnet School in Nashville to hear Sen. Elizabeth Warren speak. Warren is holding a town hall meeting as part of an initiative by national Democrats to make incursions into areas where GOP lawmakers aren't holding public meetings.cq
Today a court blocked co-Presidents Trump and Musk from shutting down the Consumer Financial Protection Bureau.
This fight isn't over. The case will continue in court, and all of us need to keep fighting for the agency that has returned $21 billion to families who were scammed.
Press release from Sen. Elizabeth Warren: "Warren Statement on Arrest of Tufts Student Washington, D.C. β Following reports that U.S. Department of Homeland Security agents detained an international student in a graduate program at Tufts University, U.S. Senator Elizabeth Warren (D-Mass.) released the following statement: "This arrest is the latest in an alarming pattern to stifle civil liberties. The Trump administration is targeting students with legal status and ripping people out of their communities without due process. This is an attack on our Constitution and basic freedoms β and we will push back." ###"
"This arrest is the latest in an alarming pattern to stifle civil liberties. The Trump administration is targeting students with legal status and ripping people out of their communities without due process." - @warren.senate.gov on the "attack on our Constitution and basic freedoms."