SEC Chair Gary Gensler in House testimony on Thursday criticized apps that “gamify” stock trading and the potential conflict of interest for market makers that profit from the execution of high-volume trades, hinting at potential new rules that would apply to the popular trading app Robinhood and market maker Citadel Securities. In a new interview, progressive Senator Elizabeth Warren (D-MA) said she supports new SEC rules for companies like Robinhood. Such regulations should impose… Source link
Read More »Elizabeth Warren exults at the news of a Biden move on COVID vaccine patents
The New York Times ‘Turning the Corner’: U.S. COVID Outlook Reaches Most Hopeful Point Yet After weeks of coronavirus patients flooding emergency rooms in Michigan, the worst COVID-19 hot spot in the nation, hospitalizations are finally falling. On some recent days, entire states, including Wisconsin and West Virginia, have reported zero new coronavirus deaths — a brief but promising respite from the onslaught of the past year. And in New York and Chicago, officials encouraged by the recent… Source link
Read More »Senator Elizabeth Warren breaks down America’s ‘broken student loan system’
Senator Elizabeth Warren (D-MA) grilled two student loan servicers and hosted experts at a student loan hearing on Tuesday before sitting down with Yahoo Finance to describe her argument for President Biden to unilaterally cancel $50,000 in federally-backed student loans for tens of millions of Americans. “Overall, in this hearing, it was perfectly clear [that] we have a broken student loan system,” Warren, chairwoman of the Subcommittee on Economic Policy at the Senate Committee on Banking,… Source link
Read More »Yahoo Finance Presents: Senator Elizabeth Warren
The Daily Beast ‘It’s Attack After Attack’: Trans Youth Speak Out on Health and Sports Bills Aimed at Them Marcos del Mazo/GettyWillow Breshears says she has been contacted by several young transgender people in Arkansas over the last few days. “One of them said he was going to kill himself if the bill passed,” Breshears, an 18-year-old community organizer for the Center for Artistic Revolution and a founder of the Young Transwomen’s Project, told The Daily Beast of the… Source link
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