U.S. Senate Committee on Banking, Housing, and Urban Affairs

Obama nominates 2 Senate aides as SEC commissioners

2013-05-25 00:00:00

Two senior U.S. Senate aides were nominated by President Obama to join the Securities and Exchange Commission. Kara M. Stein would replace Elisse B. Walter as a Democratic commissioner and Michael S. Piwowar would succeed Troy A. Paredes as a...

Letters: Sen. Warren speaks up

2013-05-15 00:00:00

Re "Warren upends bankers, tradition," May 11 As the newest member of the Senate Banking Committee, Sen. Elizabeth Warren (D-Mass.) is a breath of fresh air. Finally, there's a voice in Washington for the people and a staunch advocate for consumers....

Freshman senator with senior pluck takes on the financial industry

2013-05-10 00:00:00

WASHINGTON — Sen. Elizabeth Warren, the newest member of the Senate Banking Committee, waited patiently for her first chance to question top financial regulators at a recent hearing on Capitol Hill. When her turn finally came after 90 minutes,...

House chairman bars consumer bureau chief from testifying

2013-04-23 06:46:00

WASHINGTON -- The head of the Consumer Financial Protection Bureau will deliver his semi-annual report to the Senate Banking Committee on Tuesday morning, but he's not welcome to do the same before a House panel. House Financial Services Committee...

Senate confirms former prosecutor Mary Jo White as SEC chairwoman

2013-04-08 13:26:00

WASHINGTON -- The Senate on Monday confirmed Mary Jo White to chair the Securities and Exchange Commission, placing a tough former prosecutor in the role as Wall Street's top watchdog. White was confirmed by a unanimous voice vote in the Senate, an...

Sen. Warren slams regulators' failure to prosecute crooked banks

2013-03-08 10:15:00

Sen. Elizabeth Warren (D-Mass.) wants to know: How much money do banks have to launder to get charged with a crime? In a Senate Banking Committee hearing Thursday, Warren asked financial regulators why officials from banks weren't prosecuted even...

Senate panel approves Obama nominees to head SEC, consumer bureau

2013-03-19 08:18:00

WASHINGTON — A Senate committee on Tuesday overwhelmingly approved Mary Jo White's nomination to head the Securities and Exchange Commission, clearing the way for the former federal prosecutor to be confirmed soon as Wall Street's top watchdog....

SEC nominee Mary Jo White promises tough enforcement if confirmed

2013-03-12 08:47:00

WASHINGTON -- Former federal prosecutor Mary Jo White, President Obama's nominee to head the Securities and Exchange Commission, promised senators on Tuesday that tougher enforcement would be a high priority if she was confirmed. White, who spent the...

Would FDIC deter wrongdoing by announcing settlements with banks?

2013-03-11 10:45:00

On its website, the Federal Deposit Insurance Corp. says pursuing damages when banks fail is a way to restore public confidence in the industry. Doing so, it says in an analysis of the savings and loan crisis of the 1980s, creates “the...

Elizabeth Warren's first grilling of regulators is a YouTube hit

2013-02-18 07:51:00

WASHINGTON — Sen. Elizabeth Warren (D-Mass.), a darling of liberals who has been mentioned as a potential 2016 presidential contender, had kept a deliberately low profile since her election in November. In less than five minutes last week,...

Bernanke warns Congress that budget cuts pose danger [Updated]

2013-02-26 07:50:00

WASHINGTON -- Federal Reserve Chairman Ben S. Bernanke warned Tuesday that the upcoming budget cuts under the so-called sequestration would create a "significant" burden on an economy that is growing only moderately. In his semi-annual economic report...

Senate Democrats are united against GOP push to weaken consumer bureau

2013-02-14 11:19:00

WASHINGTON -- Senate Democrats said Thursday they were united in opposing Republican efforts to weaken the Consumer Financial Protection Bureau, and told President Obama they supported the renomination of Richard Cordray to head the agency. "It is...

Mary Jo White, nominee for chairwoman of the Securities and Exchange Commission, testifies during her confirmation hearing before the Senate Banking Committee.

2013-03-12 00:00:00

Sen. Elizabeth Warren (D-Mass.) had harsh criticism for U.S. regulators at a Senate Banking Committee hearing Thursday.

2013-03-08 10:01:11

Christy Romero, the special inspector general with the Troubled Asset Relief Program, speaks during a Senate Banking Committee hearing in Washington.

2013-02-22 17:47:53