News Coverage
Washington Post: Elizabeth Warren’s revolutionary plan to reduce income inequality
Sen. Elizabeth Warren introduced legislation last week that could have big consequences for big business.One of the most ambitious policy ideas in decades, the Accountable Capitalism Act would breathe new life into the movement to restrain corporate power. Warren (D-Mass.) proposes forcing corporate boards to balance the pursuit of profits with the interests of stakeholders like workers, consumers, suppliers, the general public and even the environment. In short, she wants to change the rules … Continue Reading
August 23, 2018
Daily Beast: Elizabeth Warren Has a Plan to Actually Drain the Swamp and Save Capitalism
Sen. Elizabeth Warren (D-MA) is determined to let you know that she’s a capitalist.It is, perhaps, a semi-radical thing to say in this day and age in Democratic politics. The party’s base has veered more comfortably to the left, embracing broad progressive policiesfrom Medicare for All to a federal jobs guarantee. And though the senator from Massachusetts is backing these very legislative proposals, she’s also making a play for nuance. There is, she explains, wisdom in capitalism, provided the … Continue Reading
August 22, 2018
Boston Globe: Elizabeth Warren’s plan to drain the swamp
Give Senator Elizabeth Warren points for exquisite timing — introducing her sweeping new anti-corruption proposal on the very same day President Trump’s former personal lawyer and his former campaign manager added the word “guilty” to their resumes in federal courts.“There’s no real question that the Trump era has given us the most nakedly corrupt leadership this nation has seen in our lifetimes,” Warren said on the day that Michael Cohen pleaded guilty to campaign fraud and Paul Manafort, a … Continue Reading
August 22, 2018
NBC: Warren, Democrats slam Trump for letting employers off the hook, call it 'wage theft' program
Sen. Elizabeth Warren and other leading Democrats are demanding answers about a new Trump administration program that rewards employers who self-report wage and overtime violations, warning that the initiative could "seriously harm workers being cheated by their employers."Under the pilot program, which was the focus of an NBC special report on Monday, employers who come clean about minimum wage and overtime violations can avoid additional penalties and private litigation by bilked … Continue Reading
August 22, 2018
Washington Post: Elizabeth Warren is right: Corruption is rotting the U.S. from within
Tuesday was the perfect day for Sen. Elizabeth Warren (D-Mass.) to debut ambitious new legislation designed to combat government corruption. President Trump’s former “fixer” Michael Cohen pleaded guilty to banking and tax law violations, as well as violating campaign finance laws “at the direction of a candidate for federal office,” while Trump’s former campaign boss Paul Manafort was found guilty by a Virginia jury on eight counts of tax and bank fraud. And just as the day was ending, news … Continue Reading
August 22, 2018
Yahoo: Senator Warren on weed legalization: 'The federal government should just back off'
Senator Elizabeth Warren (D-MA) thinks that the federal government should “back off” while an increasing number of U.S. states legalize marijuana for various reasons.“As you know, many states around the country have legalized marijuana, either for medical reasons or for medical and for recreational reasons,” Warren told Jen Rogers on the Final Round. “The problem, of course, is that nothing has changed at federal law.”Warren noted that during the Obama administration, the policy involved not … Continue Reading
August 21, 2018
New York Post: Warren wants to ban lawmakers from owning individual stocks
WASHINGTON — Sen. Elizabeth Warren is proposing a bill that would prevent members of Congress from owning individual stocks.“Enough with the spectacle of HHS secretaries and herds of congressmen caught up in insider trading schemes,” she said. “It’s time to ban elected officials and senior agency officials from owning or trading stocks while in office.”Warren was alluding to the recent arrest of Rep. Chris Collins (R-NY) over alleged insider trading of stock in Innate Immunotherapeutics, which … Continue Reading
August 21, 2018
Axios: Elizabeth Warren wants to bar Congress from owning individual stock
Senator Elizabeth Warren (D-Mass.) introduced a sweeping anti-corruption bill Tuesday that would impose a lifetime ban on lobbying for presidents and federal lawmakers, restrict elected officials from owning individual stock, and limit lobbying on behalf of foreign governments.Why it matters: Warren's Anti-Corruption and Public Integrity Act has a slim chance of passing, but it does shine a light on the questionable financial practices of several government officials, from Capitol Hill to the … Continue Reading
August 21, 2018
Mic: Elizabeth Warren brings out anti-corruption bill to "eliminate the influence of money" in politics
Sen. Elizabeth Warren (D-Mass.) introduced a broad anti-corruption bill Tuesday that would, among other things, impose a lifetime lobbying ban on presidents and federal lawmakers, prohibit individual members of Congress from owning stocks and, in a clear jab at President Donald Trump, require presidential candidates to release years of tax returns.“Washington is corrupt,” Warren said in a video announcing her new legislation, named the Anti-Corruption and Public Integrity Act. “Across the … Continue Reading
August 21, 2018
Daily Beast: Elizabeth Warren Wants the IRS to Release Tax Returns for Presidential Candidates
Sen. Elizabeth Warren (D-MA) has an idea to keep political candidates honest: release their tax returns prior to being elected.As part of a sweeping legislative package the Massachusetts Democrat dubbed the Anti-Corruption and Public Integrity Act, Warren on Tuesday proposed that the Internal Revenue Service be required to release tax returns from the previous eight years for any presidential or vice presidential candidates.The IRS would also do so for each year these individuals are in … Continue Reading
August 21, 2018
CNN: Warren pitches new anti-corruption plan, calls Trump administration 'stinkiest example' of old problem
Sen. Elizabeth Warren unveiled a series of new planks Tuesday in her wider plan to stem corporate influence on government and root out corruption in Washington.Introduced as a potential 2020 presidential primary contender, the Massachusetts Democrat took aim at President Donald Trump, casting him as the product of a rotten system rather than an outlier or fluke and saying his administration fit a decades-old pattern of self-dealing in Washington.Warren's plan, which would impose a lifetime ban … Continue Reading
August 21, 2018
Huffington Post: Elizabeth Warren’s Far-Reaching New Bill Aims To Actually Drain The Swamp
WASHINGTON ? Sen. Elizabeth Warren (D-Mass.) unveiled a sweeping plan on Tuesday to crack down on the lawful corruption she said has infected Washington policymaking.In a speech at the National Press Club, Warren blamed the lack of public trust in government on the undue influence of wealthy special interests and laws too toothless to curb them.She went on to announce legislation she’ll offer that contains six major reforms to remedy what she termed the “crisis of faith” in government. The … Continue Reading
August 21, 2018
CNBC: Sen. Elizabeth Warren's new reform bill would ban members of Congress from owning individual stocks
Sen. Elizabeth Warren proposes a new bill that would ban members of Congress and the White House staff from owning individual stocks.As an apparent alternative, the legislation would create "conflict-free investment opportunities for federal officials with new investment accounts."Read the full story on the CNBC website … Continue Reading
August 21, 2018
Vox: Sen. Elizabeth Warren just unveiled a dramatic plan to eradicate Washington corruption
Sen. Elizabeth Warren (D-MA) envisions a United States government in which presidential and vice presidential candidates must — by law — disclose eight years’ worth of tax returns and place any assets that could present a conflict of interest into a blind trust to be sold off (neither of which President Donald Trump has done).To Warren, the Trump administration’s nepotism is emblematic of everything that is wrong with Washington. But she doesn’t just want to replace Trump and his … Continue Reading
August 21, 2018
American Banker: ‘Padlock the revolving door’: Warren makes anti-corruption pitch
WASHINGTON — Wall Street’s toughest critic in the Senate has unveiled comprehensive legislation to limit the revolving door between corporations and the government, touting it as the “most ambitious anti-corruption legislation proposed in Congress since Watergate.”“At a time when this country faces enormous challenges, our government actively serves the richest and most powerful and turns its back on everyone else,” Sen. Elizabeth Warren, D-Mass., said in a speech at the National Press Club … Continue Reading
August 21, 2018
The Hill: Warren proposes ban on lawmakers owning individual stocks
Sen. Elizabeth Warren (D-Mass.) on Tuesday outlined a new proposal to ban members of Congress from owning individual stocks, which comes as a GOP lawmaker has been indicted on insider trading charges.Warren explained in a speech to the National Press Club that the bill would bar members of Congress, Cabinet-level officials, federal judges and other senior government officials from possessing and trading individual stocks.“They can put their savings in conflict-free investments like mutual … Continue Reading
August 21, 2018
CBS News: Elizabeth Warren introduces sweeping ethics bill that faces tough odds on Capitol Hill
Sen. Elizabeth Warren on Tuesday introduced what she describes as the most ambitious anti-corruption legislation since Watergate, dubbing the the current administration the most "nakedly corrupt" in Americans' lifetimes, but claiming the problem is much bigger than President Trump. "The problem is far bigger than Trump. And the way I see it this loss of faith this broad and more profound...is a crisis, a crisis of faith," the Massachusetts Democrat said in a speech at the National Press … Continue Reading
August 21, 2018
Politico: Warren proposes sweeping crackdown on lobbying
Sen. Elizabeth Warren on Tuesday unveiled sweeping anti-corruption legislation to tackle what she called a widespread "crisis of faith" in how Washington works, sparked by extensive corporate lobbying.The proposed lobbying overhaul, which will give Warren a fresh opening to pummel President Donald Trump for failing to fulfill his pledge to "drain the swamp," is the latest in a series of ambitious policy proposals that the Massachusetts Democrat has been floating.The bill would ban elected … Continue Reading
August 21, 2018
Wall Street Journal: Sen. Elizabeth Warren Unveils Anticorruption Legislation
WASHINGTON—Sen. Elizabeth Warren on Tuesday proposed sweeping new ethics restrictions for federal officials. The Massachusetts Democrat's proposal includes a ban on individual stock ownership by members of Congress, White House staff and federal judges; a prohibition on Americans serving as lobbyists for foreign countries; and a mandate on the release of tax returns by candidates for president and Congress.Read the full story on the Wall Street Journal's website … Continue Reading
August 21, 2018
Washington Post: Elizabeth Warren unveils anti-corruption plan, takes aim at Trump
If Sen. Elizabeth Warren (D-Mass.) has her way, federal judges will face steep new ethics standards, high-ranking government officials will be banned from ever becoming lobbyists — and any candidate for president will have to release at least eight years of past tax returns.“Padlock the revolving door between big business and government,” Warren said Tuesday at the National Press Club. “It’s insane that we have to beg the president of the United States to put the American people ahead of his … Continue Reading
