U.S. Senate Committee on Banking, Housing, and Urban Affairs

Yes, it’s irrational. And it’s what the GOP says it wants for our country, to save us from becoming “like Europe.” It’s also what the post-New Deal Democratic Party stands for, only a little less. Let’s start with...

Re "Warren upends bankers, tradition," May 11 As the newest member of the Senate Banking Committee, Sen. Elizabeth Warren (D-Mass.) is a breath of fresh air. Finally, there's a voice in Washington for the people and a staunch advocate for consumers....

WASHINGTON — Sen. Elizabeth Warren, the newest member of the Senate Banking Committee, waited patiently for her first chance to question top financial regulators at a recent hearing on Capitol Hill. When her turn finally came after 90 minutes,...

WASHINGTON — Republicans have stepped up their pressure to limit the wide-ranging powers of the nation's watchdog over consumers' money matters. The head of a key House committee overseeing the Consumer Financial Protection Bureau said he would no...

WASHINGTON -- The head of the Consumer Financial Protection Bureau will deliver his semi-annual report to the Senate Banking Committee on Tuesday morning, but he's not welcome to do the same before a House panel. House Financial Services Committee...

 SIOUX FALLS — While U.S. Sen. Tim Johnson has decided not to run for another term in Congress, he has not decided what to do with the money he raised for a possible new campaign.   The 66-year-old South Dakota Democrat announced last month that...

WASHINGTON -- The Senate on Monday confirmed Mary Jo White to chair the Securities and Exchange Commission, placing a tough former prosecutor in the role as Wall Street's top watchdog. White was confirmed by a unanimous voice vote in the Senate, an...

Sen. Elizabeth Warren (D-Mass.) wants to know: How much money do banks have to launder to get charged with a crime? In a Senate Banking Committee hearing Thursday, Warren asked financial regulators why officials from banks weren't prosecuted even...

It's too early to know what will become of a partnership between Northern State University and the U.S. Senate Banking Committee that allows NSU students to intern for the committee.  The internship program was established by Sen. Tim Johnson, D-S.D.,...

SIOUX FALLS, S.D. (AP) — South Dakota Sen. Tim Johnson was expected to announce his retirement Tuesday, making the state the fifth where Democrats will have to defend a seat without an incumbent seeking re-election. The decision opens up a 2014 race...

WASHINGTON — A Senate committee on Tuesday overwhelmingly approved Mary Jo White's nomination to head the Securities and Exchange Commission, clearing the way for the former federal prosecutor to be confirmed soon as Wall Street's top watchdog....

One of the oft-repeated justifications for why Wall Street must be regulated by Wall Streeters is that what goes on there is both so complex and so essential that only those who have been part of it can be trusted to oversee it. This argument is bunk, of...