Lobbyists “Bought Sinema’s Vote” That Resulted in Bank Collapse, Gallego Says

Democratic Arizona Congressman Ruben Gallego on Tuesday accused Sen. Kyrsten Sinema — who he hopes to oust from the U.S. Senate next year — of playing a major role in the Silicon Valley Bank collapse by taking campaign contributions from lobbyists that represented the bank and then voting to deregulate it. Politico reports that Sinema (I-Ariz.) was one of numerous members of Congress to take… Source Source / Read More: Lobbyists “Bought Sinema’s Vote” That Resulted in Bank Collapse, Gallego Says

Supreme Court Takes Up Case That Could Kill Consumer Finance Protection Agency

The Supreme Court has agreed to take up a case brought against a consumer protection agency that could unleash a deluge of abusive financial practices onto the public, and threaten to end entire welfare programs like Social Security and Medicare. On Monday, the Supreme Court took up a case brought by payday lender lobbyists after conservatives on the Fifth Circuit Court of Appeals agreed with the… Source Source / Read More: Supreme Court Takes Up Case That Could Kill Consumer Finance Protection Agency

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