Elizabeth Warren
Army of Lobbyists Helped Water Down Banking Regulations
It seemed like a good idea at the time: Red-state Democrats facing grim reelection prospects would join forces with Republicans to slash bank regulations — demonstrating a willingness to work with President Donald Trump while bucking many in their party. read more >
Experts, Banks Look for Ideas to Stop Next Bank Failure
The search for causes and culprits — and solutions — is refocusing attention on a 2018 federal law that rolled back tough bank regulations. read more >
by Associated Press -
Fraud, Scam Cases Increasing on Zelle, Senate Report Finds
The report also found that the large banks that partly own Zelle have been reluctant to compensate customers who have been victims of fraud or scams. read more >
by Associated Press -
Student Debt: Forgiven, For Now (Editorial)
Examining President Joe Biden’s historic loan forgiveness plan. read more >
EXPLAINER: What’s a ‘Wealth Tax’ And How Would it Work?
A breakdown of President Biden's proposed rate increases. read more >
by Associated Press -
A Look at ‘Codetermination,’ Bernie Sanders’ Big Idea for Walmart’s Board (Blake D. Lewis Commentary)
Bernie Sanders' proposal to Walmart is commonly referred to as "codetermination," a practice mandated in several European countries. Blake Lewis explains what it is, how it works and whether we'll see more of it in the U.S. read more >
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Arkansas Banks and Marijuana (Robert T. Smith Commentary)
With the rollout of medical marijuana in full swing for Arkansas-based cultivators, dispensaries and patients, businesses vying to provide them with products and services remain in an uncertain position. read more >
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This Can’t Be Right (Gwen Moritz Editor’s Note)
If we changed our law to eliminate the temptation to employ a legal fiction that has failed in court after court, perhaps cases such as the current one against Progressive Eldercare Services could be streamlined. read more >
by Gwen Moritz -
Rules of Thumb (Editorial)
Whew, that was a long seven days — and we aren’t even residents of Virginia. read more >
Marginally Acceptable (Gwen Moritz Editor’s Note)
We’re never going to find a tax structure that suits everyone — this is the essential tension of governing. But any honest discussion would have to start with this: Taxation isn’t child’s play. read more >
by Gwen Moritz -
A Poor Man Rejoices (Gwen Moritz Editor’s Note)
My father was a keen observer of human nature and a gifted storyteller, and he’s been on my mind more than usual as the 13th anniversary of his death approaches. Recent news items as disparate as the bankruptcy of Sears Holdings, rising interest rates and Elizabeth Warren’s DNA have all made me teary. read more >
by Gwen Moritz -
Public Shaming Likely But GOP Wary of New Laws After Equifax
Prospects are good for a public shaming in the Equifax data breach, but it's unlikely Congress will institute sweeping new regulations after hackers accessed the personal information of an estimated 143 million Americans. read more >
by Associated Press -
In Hearing Today, GOP Begins Work to Undo Dodd-Frank Law
The House Financial Services Committee beings work on legislation to undo the Dodd-Frank law, which Congress passed after the financial meltdown in 2008. read more >
by Associated Press -
I’ve Never Been So Insulted (Gwen Moritz Editor’s Note)
Lately, I’m not sure anything is an insult — at least nothing that is intended to be. Words hurled as put-downs seem to be promptly turned into slogans. read more >
by Gwen Moritz -
Adviser’s Serial Firings Show ‘Big Problem’ at Brokerages
Sen. Elizabeth Warren and Sen. Tom Cotton have asked FINRA to address what it's doing about firms that routinely employ brokers with a history of fleecing clients. read more >
by Associated Press -
Broken Glass (Editorial)
A bipartisan effort to bring back Glass-Steagall banking regulations receives support from here in Arkansas. read more >