Tag Archives: Elizabeth Warren

SEC Launches Probe Into Kodak After Warren Raised Questions Over Lucrative Covid-19 Deal With Trump

“If investors or Kodak employees were trading based on the unauthorized disclosure or discussion of nonpublic information, then it would appear to be a clear violation of securities law. The SEC should hold them accountable.”

By Jake Johnson, staff writer for Common Dreams. Published 8-4-2020

Photo: Gage Skidmore/Wikimedia Commons/CC

The Securities and Exchange Commission on Tuesday reportedly launched an investigation into Kodak after Sen. Elizabeth Warren demanded a probe of possible insider trading at the tech company, which gifted its CEO nearly two million stock options just a day before President Donald Trump last week handed the company a $765 million federal loan to produce generic pharmaceuticals to combat Covid-19.

“Good,” Warren tweeted in response to reports of the SEC’s investigation. “If investors or Kodak employees were trading based on the unauthorized disclosure or discussion of nonpublic information, then it would appear to be a clear violation of securities law. The SEC should hold them accountable.” Continue reading

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‘Flagrantly Unconstitutional’: Trump Issues Order to Block Undocumented Immigrants From Being Counted in Census

“This is another attempt by Trump to use scaremongering against immigrants and rig the system,” said Sen. Elizabeth Warren.

By Andrea Germanos, staff writer for Common Dreams. Published 7-21-2020

Screenshot: CNN

President Donald Trump issued a memorandum on Tuesday seeking to exclude undocumented immigrants from being counted in the census—a move being criticized as “flagrantly unconstitutional” and as another effort “to weaponize the census for an attack on immigrant communities.”

“After losing the battle to include a citizenship question on the 2020 census, the Trump administration seeks to resurrect this fight through a memorandum that runs contrary to the Constitution, Supreme Court precedent, and historical practice,” said Kristen Clarke, president and executive director of the Lawyers’ Committee for Civil Rights Under Law. Continue reading

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After Trump Deploys Secret Police in Portland, ‘Imagine What Happens If He Gets Four More Years’

“They want to see what they can get away with before launching into other parts of the country.”

By Jake Johnson, staff writer for Common Dreams. Published 7-17-2020

Photo: BoopTroopEugene/Twitter

Video footage and first-hand accounts of unidentified federal law enforcement officials snatching up Black Lives Matter protesters in Portland, Oregon and throwing them into unmarked vehicles drew nationwide attention and outrage Friday, with members of Congress, human rights groups, and journalists accusing the Trump administration of deploying “secret police” to crush dissent.

“Unmarked federal agents in combat gear are pulling protesters off the street and jailing them without charge,” tweeted Sen. Bernie Sanders (I-Vt.). “That is what a police state is all about. Now is the time to defend our Constitution. Now is the time to come together and defeat Trump’s authoritarian policies.” Continue reading

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1,250 Former DOJ Officials Demand Investigation Into Barr’s Involvement in Violently Dispersing Demonstrators Near White House

“None of us would ever have considered directing or engaging in such actions to be consistent with our oaths to support and defend the Constitution.”

By Julia Conley, staff writer for Common Dreams. Published 6-10-2020

Screenshot: WUSA9

More than 1,250 former Department of Justice employees on Wednesday called on the department’s inspector general to open an investigation into reports that Attorney General William Barr personally ordered the tear-gassing of protesters in Washington, D.C. on June 1.

The former employees wrote that Inspector General Michael Horowitz must get to the bottom of Barr’s involvement in the dispersing of the crowd, which was part of the nationwide uprising against racial injustice following the killings of George Floyd and Breonna Taylor. Continue reading

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‘A New Low’: Betsy DeVos Sued for Garnishing Wages of Nearly 300,000 Student Loan Borrowers During Pandemic

“The Trump administration is taking money from borrowers who are living on the edge of poverty, in the middle of a pandemic, and in violation of the law.”

By Julia Conley, staff writer for Common Dreams. Published 5-1-2020

U.S. Secretary of Education Betsy DeVos spoke at the 2017 Conservative Political Action Conference (CPAC) in National Harbor, Maryland. (Photo: Gage Skidmore/Flickr/cc)

A home health aide who earns just under $13 per hour is the lead plaintiff in a class-action lawsuit filed Thursday against Education Secretary Betsy DeVos, whose department has continued garnishing the wages of hundreds of thousands of student loan borrowers in the midst of the coronavirus pandemic.

The CARES Act, which was signed into law in late March, prohibits the Education Department from seizing the wages and tax refunds of student loan borrowers who have defaulted on their loans. Continue reading

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Trump, Granting Lobbyist Demands, Quietly Handed Billions More in Tax Breaks to Huge Corporations: Report

“Trump is the most corrupt president in history, and here’s the latest example of how that corruption helps giant corporations.”

By Jake Johnson, staff writer for Common Dreams. Published 12-30-2019

Treasury Secretary Steven Mnuchin and President Donald Trump at a Tax reform press briefing October 31, 2017. Screenshot: YouTube

A “disturbing” New York Times story published Monday detailed how President Donald Trump’s Treasury Department, led by former Goldman Sachs banker Steve Mnuchin, has quietly weakened elements of the 2017 tax law in recent months to make it even friendlier to wealthy

individuals and massive corporations.

Lobbyists representing some of the largest corporations in the world, the Times reported, targeted two provisions in the original 2017 law designed to bring in hundreds of billions of dollars in revenue from companies that had been dodging U.S. taxes by stashing profits overseas. Continue reading

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This year at the Supreme Court: Gay rights, gun rights and Native rights

The Supreme Court begins its newest session on the first Monday in October. AP/J. Scott Applewhite

Morgan Marietta, University of Massachusetts Lowell

The Supreme Court begins its annual session on Oct. 7 and will take up a series of cases likely to have political reverberations in the 2020 elections.

Major cases this year address the immigration program for young people (“Dreamers”) known as DACA, the Affordable Care Act (again), and public money for religious schools.

Justices will also consider cases that involve several aspects of defendants’ rights: whether criminal convictions require a unanimous jury, minors can be given a life sentence and a state can abolish the insanity defense. Continue reading

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Nationwide ‘Close the Camps’ Demonstrations Announced to Protest Horrific Conditions at Trump Detention Centers

“We need to fight for immigrant families and

stop Donald Trump’s racist policies, and we can only do it together.”

By Jake Johnson, staff writer for Common Dreams. Published 6-29-2019

As appalling details of the conditions at immigrant detention centers in the U.S. continue to pour in—with one doctor recently comparing them to “torture facilities“—a coalition of rights groups on Friday announced nationwide “Close the Camps” demonstrations for next week to protest the Trump administration’s treatment of migrant children.

“We’ve seen the images and heard the stories coming out of child detention centers,” said MoveOn.org, one of the groups helping to organize the events, which are set to take place Tuesday, July 2. Continue reading

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At White House Gates, Hundreds of Religious Leaders Demand Trump and His Enablers “Repent of Their Sins”

“We must show up in person to deliver a prophetic indictment.”

By Andrea Germanos, staff writer for Common Dreams. Published 6-12-2019

Religious leaders walk towards the White House on Wednesday as part of the “Moral Witness Wednesday” protest against the Trump administration. (Photo: AFSC via Twitter)

Hundreds of interfaith leaders stood ready to face arrest outside the White House on Wednesday where they delivered a “moral indictment to an immoral administration.”

Continue reading

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Bolstered by Trump Tax Scam, Number of US Corporations Paying ‘Not a Dime’ in Federal Taxes Doubled in 2018

“Corporations zeroing out their tax bills or paying single-digit federal tax rates mean a substantial loss in federal revenue. Calls to cut critical programs and services in the wake of these corporate tax cuts are absolutely connected.”

By Eoin Higgins, staff writer for Common Dreams. Published 4-11-2019

Steve Mnuchin, Mike Pence and Gary Cohn watching the Senate vote on the 2017 tax bill. Photo: White House

A new analysis out Thursday shows that tax policy under the Trump administration is benefitting large corporations to such a degree that twice as many large companies will pay nothing in federal taxes for 2018 compared to previous years.

The report by the Institute on Taxation and Economic Policy, which comes less than a week before tax day in the United States on April 15, found that 60 companies—including Amazon, Netflix, Activision Blizzard, General Motors, and IBM—used “a diverse array of legal tax breaks” to bring their federal tax liability to zero. Continue reading

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