We Know Exactly What Kind of President Elizabeth Warren Would Be
Just look at all the power she wants to give the executive branch in the legislation she pushes in Congress.
Just look at all the power she wants to give the executive branch in the legislation she pushes in Congress.
Readers may remember Fearless Girl, the 50-inch-tall bronze statue of an intrepid young girl, placed in front of the famous Charging Bull sculpture in Lower Manhattan. The girl, New York City mayor Bill de Blasio recently announced, will be moved to a new location nearby—in front of the New York…
If you hold stock—and most Americans do—the financial news of the last few days has been pretty jarring.
In March, a New York hedge fund installed a bronze Fearless Girl statue facing down Wall Street’s famous statue of a charging bull. It was an instant sensation.
In the heart of Wall Street, a new statue is causing quite a kerfuffle. Sponsored by State Street Global Advisors, one of the world’s largest asset-management firms, the "Fearless Girl" was installed earlier this year to stand in front of the famous "Charging Bull" in Bowling Green Park, just a…
Wall Street's three-and-half-ton bronze Charging Bull has stood frozen in mid-charge, to meet oncoming traffic just above the bottom of Broadway for nearly 30 years. It's a symbol, the artist Arturo Di Modica would say, of achievement and optimism—of the American capitalist's unbridled bravado.…
Elsewhere in this issue, our colleague Mark Hemingway surveys the revelations contained in the WikiLeaks release of hacked emails from Clintonista John Podesta. Without giving too much away (see "Scandal? What Scandal?"), it will not surprise you to learn that the emails confirm two obvious points:…
Elsewhere in this issue, our colleague Mark Hemingway surveys the revelations contained in the WikiLeaks release of hacked emails from Clintonista John Podesta. Without giving too much away (see “Scandal? What Scandal?" on page 28), it will not surprise you to learn that the emails confirm two…
The Democratic National Committee has selected bank board member and Clinton ally Barney Frank to co-chair the party's rules committee, a move that could aggravate Bernie Sanders' attempt to push his anti-big bank agenda at the Democratic Convention in July.
At tonight's CNN townhall in South Carolina, Hillary Clinton said she'd release the transcripts to her Wall Street speeches when "everybody does it."
At tonight's CBS debate, the topic of Hillary Clinton's campaign donations from Wall Street came up as a question as to whether she was "beholden" to them as a result.
Democratic presidential candidate Martin O'Malley is again hitting Hillary Clinton for being inconsistent on the issues. Except this time, O'Malley is pointing out one issue Clinton has been consistent on: advocating for Wall Street.
After the Great Depression, Democrats ran against Herbert Hoover for 30 years—and with great success. Even though Hoover’s policies were anything but market-oriented—he greatly raised spending, taxes, and tariffs in response to the 1929 Wall Street crash—Republicans took the fall for Hooverism. It…
In tonight's CNN debate, Hillary Clinton described her Wall Street reform proposals as "tougher" than her opponents.
Senator Elizabeth Warren praised two Democratic presidential candidates - Sen. Bernie Sanders and Gov. Martin O'Malley - for their stances on Wall Street. "I'm pleased that Sen @BernieSanders and Gov @MartinOMalley are supporting @TammyBaldwin's bill to slow down the Wall Street revolving door,"…
Today, in an economic speech at the New School in Manhattan, Hillary Clinton spoke out against short-term traders.
Charles Gasparino of the Fox Business Network reported today that Martin O'Malley is the "last person" Wall Street CEOs want is Democratic presidential candidate Martin O'Malley:
The Wall Street Journal has a revealing report on the hedge fund Eaglevale Partners LP, which is run by Hillary Clinton's son-in-law, Marc Mezvinsky. The fund, it turns out, bet big on a turnaround in the Greece economy -- and lost.
Last week, Massachusetts senator Elizabeth Warren threatened to derail the omnibus continuing resolution (“cromnibus”) that funds most of the government through the end of the fiscal year. She objected to the elimination of an obscure rule in the Dodd-Frank financial reform law known as “push-out.”…
One of the most interesting aspects of the 2013 Virginia gubernatorial race between Democrat Terry McAuliffe and Republican Ken Cuccinelli was an ad sponsored by the Conservative War Chest tagging McAuliffe as part of the “Gang of Five.” According to the ad, this group -- Democratic party leaders,…
Vice President Joe Biden spent the weekend in Aspen at a private equity conference. That's a fact the White House tried to downplay.
Around 7:00 p.m. this evening, as the polls closed in Virginia’s 7th Congressional District, and as a populist, anti-Big Government and anti-Big Business challenger was about to record an amazing upset of the House majority leader in the GOP primary, an email arrived in TWS inboxes. It was from…
Eliot Spitzer, the former governor of New York who resigned in 2008 after it was revealed he was a client of a prostitution ring, has a new campaign ad for his run for New York City comptroller in which Spitzer admits he "failed. Big time." The 60-second ad, which features one news anchor saying…
President Barack Obama pledged this morning in his weekly radio address to continue to crackdown on "irresponsible behavior."
Joe Biden, speaking at a campaign event in Virginia:
Massachusetts Senate candidate Elizabeth Warren backed away from her statement that supporters of hers from Wall Street tell her she could "save capitalism." The Boston Herald reports on the Democratic candidate's walkback:
Prominent Democrat and presidential campaign consultant Bob Shrum has an, uh, interesting column in The Week defending former Goldman Sachs CEO, U.S. senator, and New Jersey governor Jon Corzine. As you might also recall, Corzine has been in the news lately because his latest Wall Street venture,…
Dealbook has a jaw-dropping report on how the Securities and Exchange Commission (SEC) lets billionaire investors duck transparency:
New York Daily News: "700 arrested at Occupy Wall Street protest as demonstrators and NYPD shut down Brooklyn Bridge"
Associated Press: "Obama Tells Blacks to 'Stop Complainin' and Fight"
Is former Massachusetts governor Mitt Romney now the candidate of big finance and Wall Street? Several financial industry donors who gave to Barack Obama in 2008 have shifted their dollars to Romney, the Hill reports.
Associated Press: "A federal wildlife biologist whose observation that polar bears likely drowned in the Arctic helped galvanize the global warming movement during the last decade was placed on administrative leave while officials investigate scientific misconduct allegations."
This is a tale of two cities. Well, two streets, Wall Street and Main Street, with a stop on Pennsylvania Avenue along the way. On Wall Street all is cheery, if you don’t count the investment banks that are faced with rising costs, lower incomes, and the need to pare staffs. Investors have watched…
Of course he does: "Obama Seeks to Win Back Wall St. Cash"
Ann Althouse has some big fans in the Wisconsin union movement.
Wisconsin protests raise questions about medical ethics under Obamacare.