Kenny Stancil Sen. Elizabeth Warren this weekend called on federal officials to investigate the causes of recent bank failures and urged President Joe Biden to fire Federal Reserve Chair Jerome Powell, whom she has criticized for intensifying financial deregulation and imposing job- and wage-destroying interest rate hikes. Asked on Sunday …
Read More »Biden Says Top Executives of Failed Banks Should Face Harsher Penalties
Days after U.S. Sen. Elizabeth Warren expressed outrage over the bonuses that Silicon Valley Bank executives were handing out hours before the bank failed, President Joe Biden on Friday called on Congress to strengthen regulatory powers to hold officials at failed banks accountable. The president said in a statement that …
Read More »Biden Suspends Oil And Gas Drilling Leases In Arctic National Wildlife Refuge
President Joe Biden’s administration is suspending oil and gas drilling in Alaska’s Arctic National Wildlife Refuge. Former President Donald Trump activated the lease before leaving office. All activities were suspended in the Alaskan region on Tuesday by Secretary Deb Haaland until a comprehensive analysis about the impact of drilling is …
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