Elizabeth Warren fired back at Mark Zuckerberg on Twitter Tuesday morning, after the Facebook founder and CEO said it would "suck" if his company had to fight her future administration's plans to break up certain tech giants.
Facebook Inc Chief Executive Officer Mark Zuckerberg told employees in July that the company would “go to the mat” to defeat Democratic candidate Elizabeth Warren’s expected effort to break up the world’s largest social media company if she were elected president, according to audio of two internal company meetings from July published by The Verge.
Increasing the size of the Supreme Court and scrapping the Electoral College are two of the latest provocative proposals sweeping the 2020 Democratic field.
Sen. Elizabeth Warren (D-Mass.) told voters Sunday that President Trump might be unable to finish his term, firing back at him for the first time since his reelection campaign attacked her rollout.
Sen. Elizabeth Warren officially launched her 2020 presidential campaign Saturday at a rally in Lawrence, Massachusetts, using the backdrop of Everett Mills -- the site of a historic 1912 labor strike led by women and immigrants -- to issue a call to action against wealthy power brokers who "have been waging class warfare against hardworking people for decades."
Elizabeth Warren is going all-in against President Donald Trump's nominee to head the Department of Labor. The Massachusetts senator sent a scathing, 28-page letter detailing questions for Andy Puzder—the CEO of Carl's Jr. and Hardee's parent company, CKE Restaurants—whom Trump selected for the post. Warren is a member of the Senate Committee on Health, Education, Labor & Pensions, which is scheduled to hold Puzder's confirmation hearing Thursday morning.
Political insiders used to scoff at the idea that Hillary Clinton would choose Elizabeth Warren for her running mate. But over the past few weeks, there’s been increasing chatter and speculation that it’s a real possibility.
Elizabeth Warren captivated the political world for a good portion of 2015 with will-she-or-won’t-she suspense over a potential presidential run. By June, even her most ardent supporters conceded she was out, and much of the spotlight trained on the freshman Massachusetts senator shifted as the White House race heated up without her.
The US Senate today passed a bill by Elizabeth Warren that will force federal regulators to fully disclose the terms of any settlement or deferred prosecution agreement that they reach in a major case. Her concern is that regulators — in particular the ones responsible for monitoring Wall Street — often announce a tough settlement with an eye-popping dollar figure to grab good headlines, while quietly burying the news that the real penalty is significantly less impressive. Most people don't know, for example, that these settlement fees are usually tax deductible, so a profitable company can slice a third of the price of the fine right off the top. Settlement agreements also at times "credit" companies being penalized for continuing to do things that they are already doing.
Elizabeth Warren fired back at Jamie Dimon for suggesting she has no clue what she’s talking about in her attacks on Wall Street. “The problem is not that I don’t understand the global banking system,” the Massachusetts Democrat told the Huffington Post’s “So That Happened” podcast. “The problem for these guys is that I fully understand the system and I understand how they make their money. And that’s what they don’t like about me.”
For months, if not years now, various activists and journalists have been dreaming of an Elizabeth Warren presidential campaign. Ideological media bias is greatly overstated by partisans, but bias in favor of interesting stories and against dull outcomes is massive and quite real. Barack Obama's 2007-2008 upset of Hillary Clinton was one of the best political stories of my lifetime, while Clinton's utter domination of the 2014-2015 invisible primary is one of the least fascinating. What's more, as Vox's Ezra Klein has argued, a Clinton-Warren race would give Democrats an interesting clash of ideas around the role of finance in the 21st century economy.
Republicans take infighting for granted. The GOP establishment and Tea Party insurgents have been waging a bloody battle for the heart and soul of the party for years now. Democrats aren't used to this kind of rancor — particularly between party all stars. So when President Barack Obama slammed Elizabeth Warren over the weekend as "a politician like everybody else" whose "arguments don't stand the test of fact and scrutiny"?
On Monday evening, a crowd of about 200 Elizabeth Warren fans packed into a small auditorium near the Flatiron Building in Manhattan. There's only so many times, and so many different ways, that a politician can say she's not running for president before people begin to take her at her word. Elizabeth Warren has tried just about all of them by now, and yet for her most die-hard supporters, the message still hasn't gotten through. With Hillary Clinton's official entrance into the 2016 race, many progressives have turned their attention to ensuring she adopts their priorities. But the leaders of the two groups formally trying to draft Warren as a candidate haven't given up on Plan A and instead are redoubling their efforts to persuade the first-term Massachusetts senator to run.
Ask Elizabeth Warren for her first impression of Hillary Clinton, and she doesn’t hesitate: She jolts forward to the edge of her seat, snaps her fingers and describes her as “quick!” Clinton, of course, craves a more emphatic endorsement from Warren, hoping to bring the Democratic Party’s rising populist firebrand into her 2016 fold as soon as possible. Last year, she praised the Massachusetts senator as “a passionate champion for working people” at a campaign event they both attended; Warren was noticeably cooler and barely even acknowledged Clinton in her remarks. And, in December, Clinton invited a still-noncommittal Warren to her mansion in Washington. (Warren politely but firmly suggested that Clinton needs to take a much tougher line on Wall Street.
"I recently read an article in Politico called ‘Everything Is Awesome,’” Senator Elizabeth Warren declared at the recent AFL-CIO Summit on Raising Wages. We appreciate her reading habits, and especially her acknowledgement that “the author recognized that not everything is awesome.” It’s a song from a children’s movie; it wasn’t intended to be taken literally. America is by no means a utopia. As the article said, many Americans are still hurting.
In 2013 the Obama Administration wanted Larry Summers to chair the Federal Reserve. A small coalition of senators on the Banking Committee, labor and progressive groups mounted opposition, and Summers withdrew. In 2014 the Administration wanted Antonio Weiss, a Wall Street dealmaker at the investment bank Lazard, for the number three job at the Treasury Department. A small coalition of senators on the Banking Committee and progressive groups mounted opposition, and yesterday, Weiss withdrew.
As Republicans take control of Congress for the first time since 2006, the Democrats' crushing midterm defeat and the rise of Sen. Elizabeth Warren (D-MA) have empowered the progressive wing to step up their fight for the soul of the party ahead of the 2016 presidential election. Their message: Stop catering to big business. Listen to populists like Warren on how to rebuild the tarnished brand. Champion transformative ideas that will improve the lives of middle class Americans. If not, Democrats are toast in 2016.
If the U.S. didn’t have a labor movement, Americans would have to invent one. AFL-CIO President Richard Trumka understands that, so that’s what he’s trying to do. I know, that’s a contradiction: there is an American labor movement, and Trumka is its leader. But it’s greatly diminished from its power in the 1950s, with union membership down from a high of 35 percent to around 12 percent, and private sector membership under 7 percent. When union ranks peaked in the 1940s and 50s, American workers’ wages were at their highest, and income inequality at its lowest. But as union membership declined, so did average wages. A study by the Economic Policy Institute found that the decline of unions accounts for one third of the growth of wage inequality in the last 30 years.
The House passage of the omnibus spending act is on its face a defeat for the progressive wing of the Democratic Party that fought to block it. In the end, though, risking a government shutdown over the bill’s ugliest provisions – restoring government protection to risky bank maneuvers and raising the cap on party contributions, astronomically – was probably too much to expect. According to Greg Sargent, Dem sources say that while House Minority Leader Nancy Pelosi fought it ferociously, in the end she signaled that members could vote their conscience.
Lurking in the omnibus appropriations bill that will prevent the government from running out of money and shutting down is a provision that has nothing to do with government spending. It has to do with financial regulation — and it's gotten Elizabeth Warren pissed.