Zachary Warmbrodt
Zachary Warmbrodt
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Cotton calls for return of Trump border policies

Cotton calls for return of Trump border policies

The Arkansas Republican said Biden had dismantled "highly effective" policies in securing the southern border with Mexico and that the measures should be revived.Sen. Tom Cotton speaks Feb 26 at the Conservative Political Action Conference in Orlando, Fla. | John Raoux/AP PhotoSen. Tom Cotton on Sunday accused President Joe Biden of inviting a recent surge of migrants to the United States, claiming the border is “wide open.”In an interview on “Fox News Sunday,” the Arkansas Republican said Biden had dismantled “highly effective” policies in securing the southern border with Mexico and that...

March 21, 2021
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Biden DHS chief says 'border is closed' but U.S. won't expel children

Biden DHS chief says 'border is closed' but U.S. won't expel children

Homeland Security Secretary Alejandro Mayorkas blamed former President Donald Trump for having "dismantled the orderly, humane and efficient way" of dealing with the migrant children.Mayorkas said the administration was working to develop new policies to address the problem with Mexico and Central American countries that are the source of the asylum seekers. | Andrew Harnik/AP PhotoHomeland Security Secretary Alejandro Mayorkas on Sunday defended the Biden administration’s decision to not expel children arriving in the U.S. amid a migrant surge along the southern border, arguing “that’s not...

March 21, 2021
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‘Most influential voice’: Warren’s network spreads throughout Biden administration

‘Most influential voice’: Warren’s network spreads throughout Biden administration

The growing roster of Warren protégés in the government illustrates the leftward shift underway in the Democratic Party's approach to policymaking.There is a growing list of people in President Joe Biden's administration who are backed by Elizabeth Warren and other progressives. | Alex Wong/Getty ImagesWall Street was relieved when Sen. Elizabeth Warren was passed over for the leadership of the Treasury Department. But now the financial industry faces another threat: President Joe Biden is enlisting a small army of her former aides and allies to run his government.Warren’s expanding network...

March 15, 2021
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Robinhood CEO expected to testify before Maxine Waters' panel on GameStop

Robinhood CEO expected to testify before Maxine Waters' panel on GameStop

The hearing before the House Financial Services Committee with Robinhood CEO Vlad Tenev is primed to be a blockbuster.The Robinhood logo is displayed on an iPhone. | Justin Sullivan/Getty ImagesThe CEO of online stock brokerage Robinhood is expected to testify before a House committee on Feb. 18 as lawmakers dig into the firm’s role in the tumultuous trading of GameStop stock and other companies, people familiar with the matter said.The hearing before the House Financial Services Committee with Robinhood CEO Vlad Tenev, whose appearance has not been formally announced, is primed to be a...

February 1, 2021
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Wall Street faces Washington crackdown after GameStop rollercoaster

Wall Street faces Washington crackdown after GameStop rollercoaster

The frenzy surrounding the trading of GameStop stock is triggering Washington’s most intense scrutiny of Wall Street in more than a decade.Reddit's users have said they wanted to punish hedge funds that were betting on further declines in GameStop and other struggling companies. As the stock rose, the short sellers suffered. | Spencer Platt/Getty ImagesThe frenzy surrounding the trading of GameStop stock is triggering Washington’s most intense scrutiny of Wall Street in more than a decade, teeing up hearings and investigations that threaten brokers and hedge funds at the center of the...

January 30, 2021
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Wall Street scourge Sherrod Brown to get 'gigantic megaphone' as Senate Banking chair

Wall Street scourge Sherrod Brown to get 'gigantic megaphone' as Senate Banking chair

Brown is poised to lead the Senate Banking Committee, creating new headaches for finance industry executives.Since his election to the Senate in 2006, Sen. Sherrod Brown has played a lead role in fighting for stricter regulation as he rose through the ranks of the Banking Committee. | Samuel Corum/Getty ImagesSen. Sherrod Brown, one of Washington’s fiercest critics of Wall Street, is poised to lead the powerful Senate Banking Committee once Democrats take control of Congress, creating new headaches for finance industry executives who will face greater scrutiny.Brown, an unabashed liberal...

January 11, 2021
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Biden economic adviser stokes fear on left over Wall Street-friendly past

Biden economic adviser stokes fear on left over Wall Street-friendly past

As the economic recovery is already beginning to stall, Brian Deese's record is coming under new scrutiny from progressives.Brian Deese irked progressives by helping to push landmark 2012 legislation rolling back financial regulations that was billed as good for economic growth. | AP Photo/Carolyn KasterJoe Biden’s first order of business as president will be convincing Congress to approve massive new government spending to pull the country out of an economic crisis. But the man he has put in charge of his economic policy was on the side of deficit hawks during the last recovery, which is...

December 5, 2020
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Biden signals Wall Street crackdown with transition picks

Biden signals Wall Street crackdown with transition picks

News of the appointments buoyed the hopes of progressives who have been skeptical about whether Biden would try to rein in Wall Street.Gary Gensler answers questions from senators while testifying before the Senate Banking, Housing and Urban Affairs Committee on May 22, 2012. | Chip Somodevilla/Getty ImagesPresident-elect Joe Biden’s transition team has recruited a who’s-who of Wall Street critics to help launch his administration, the latest indication that the days of light-touch bank regulation under President Donald Trump are coming to an end.Leading the transition’s preparation to run...

November 12, 2020
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'I don't trust you guys': Libra divides Republicans amid Facebook furor

'I don't trust you guys': Libra divides Republicans amid Facebook furor

Senators grilled the executive, David Marcus, over Facebook's enabling of Russian election interference and questioned whether the company would crack down on transactions involving gun owners and opponents of abortion rights in response to political pressure. | Alex Wong/Getty ImagesFacebook’s plan to spearhead a new digital currency is splitting Republicans over whether they trust the social media giant to become a new force in finance, amid concerns over privacy violations and fears of bias against conservatives.The latest GOP rift over Big Tech emerged at a Senate Banking Committee...

July 16, 2019
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