Latest Elizabeth Warren News

Analysis: Biden's Fed pick reflects political balancing act

Nov. 22, 2021 16:57 PM EST

WASHINGTON (AP) — By picking Jerome Powell to stay on as chair of the powerful Federal Reserve, President Joe Biden is trying to navigate hazardous crosscurrents between economic and political forces. Monday's announcement frustrated a trio of liberal Democrats who see...

Biden to keep Powell as Fed chair, Brainard gets vice chair

Nov. 22, 2021 15:18 PM EST

WASHINGTON (AP) — President Joe Biden said Monday he is nominating Jerome Powell for a second four-year term as Federal Reserve chair, endorsing his stewardship of the economy through a brutal pandemic recession in which the Fed's ultra-low rate policies helped bolster confidence and...

Two Democratic senators oppose Powell as Fed chair

Nov. 19, 2021 12:04 PM EST

WASHINGTON (AP) — Two Democratic senators said Friday that they oppose the nomination of Jerome Powell to a second term as chair of the Federal Reserve, saying Powell has been insufficiently committed to fighting climate change, an issue that the world's central banks are increasingly...

GOP paints Biden's choice for bank regulator as radical

Nov. 18, 2021 14:34 PM EST

WASHINGTON (AP) — President Joe Biden’s choice to become one of the top banking regulators endured a contentious nomination hearing Thursday, with Republican senators warning she would nationalize the U.S. banking system and Democrats saying she's eminently qualified and would be tough...

Michelle Wu sworn in as Boston’s first woman elected mayor

Nov. 16, 2021 15:13 PM EST

BOSTON (AP) — Michelle Wu was sworn in Tuesday as Boston’s first woman and first person of color elected mayor in the city's long history. The swearing-in of the city's first Asian American mayor came two weeks after Wu won the city's mayoral election. Before Wu,...

Sen. Warren's concerns over COVID-19 book draw lawsuit

Nov. 09, 2021 19:29 PM EST

SEATTLE (AP) — A small publishing company in Vermont is suing Sen. Elizabeth Warren, saying her chastising Amazon over the sale of a book that promotes misinformation about COVID-19 amounted to censorship. The company, Chelsea Green, published a book called “The Truth...

Framingham voters oust state's first Black female mayor

Nov. 03, 2021 16:59 PM EDT

BOSTON (AP) — The same day that voters elected Michelle Wu as Boston’s first female and first Asian American mayor, voters in Framingham ousted Yvonne Spicer, the first Black woman to run a city in Massachusetts. The 59-year-old Spicer lost her re-election bid Tuesday...

Boston elects Wu, first woman and Asian American as mayor

Nov. 03, 2021 05:54 AM EDT

BOSTON (AP) — Boston voters, marking a key milestone in the city's long political history, for the first time elected a woman and an Asian American as mayor on Tuesday, tapping City Councilor Michelle Wu to serve in the city’s top political office. Wu’s victory...

Adams wins NYC mayor; Wu makes history winning Boston mayor

Nov. 03, 2021 05:48 AM EDT

NEW YORK (AP) — Former police captain Eric Adams easily won the race for New York mayor Tuesday, and Boston elected its first woman and Asian American to the city’s top job as voters across the U.S. picked local leaders who were largely defined by their stances on police and crime. ...

Boston mayoral candidates hoping to make history Tuesday

Nov. 01, 2021 15:55 PM EDT

BOSTON (AP) — The two candidates hoping to make history in Boston's mayoral contest — Democrats Michelle Wu and Annissa Essaibi George — spent the final hours of the campaign racing from neighborhood to neighborhood urging their voters to turn up at the polls Tuesday. ...