In the News
Talking banking re-regulation on CNBC
Aug 06 2009
Senator Warner appeared on CNBC today, to talk about his op-ed calling for a single banking regulator. He also talks about his hopes of seeing a health care bill that creates a "competitive alternative" that helps drive down costs. Here is the interview:
America needs a single regulatory agency
Aug 06 2009
In an op-ed published in the Financial Times this morning, Senator Warner argues for a single regulator to be in charge of overseeing the banking industry.
America needs a single bank regulator
Aug 06 2009
Financial Times Op-Ed: In recent weeks our financial markets have shown signs of recovery thanks to unprecedented action to stabilise markets and stimulate the economy. Yet this crisis has many distressing qualities. Perhaps most dispiriting is the sense that we have seen this movie before, and it wasn’t very good the first time, either.
Empowering the FDIC
Jul 30 2009
Senator Warner introduced bipartisan legislation today with Tennessee Senator Bob Corker that would allow the Federal Deposit Insurance Corporation (FDIC) to takeover and "wind down" banks owned by larger financial firms known as bank holding companies.
"Exit strategy needed"
Jul 27 2009
The Washington Times published an op-ed written by Senator Warner this weekend about his bipartisan legislation that strengthens oversight of the taxpayer investments in private companies such as General Motors, AIG and Citibank.
Two Op-eds in the Sunday Papers
Jun 29 2009
Readers of Sunday's papers got a double-dose of Senator Warner yesterday. The Washington Post and the Richmond Times-Dispatch each published op-eds written by the Senator in their Sunday editions.
A Risky Choice for A Risk Czar
Jun 28 2009
Over the past six months, President Obama and Treasury Secretary Timothy Geithner have worked tirelessly to rescue the U.S. economy from our nation's longest and deepest recession since the Great Depression. As the administration has shifted from crisis management to regulatory modernization, it has sought to vastly expand the powers of an opaque institution: the Federal Reserve. This is a mistake.
Maximizing returns on TARP investments
Jun 23 2009
Senator Warner spoke on the Senate floor yesterday about bipartisan legislation he has introduced with Tennessee Senator Bob Corker that will maximize returns on taxpayer investments into institutions that have received government assistance.
A better way to prevent systemic risk
Jun 17 2009
Senator Warner spoke on both Bloomberg TV and MSNBC's Morning Joe today about his idea to empower an independent council, rather than giving the additional responsibility to the Federal Reserve, to regulate systemic risk -- "the kind of thing that we couldn't necessarily predict," he said, such as the mess at AIG that played such a major role in the financial industry's near-collapse last fall.
Regulating "Too Big To Fail"
Jun 16 2009
Senator Warner took to the Senate floor today to express his concerns about plans for the Federal Reserve to regulate financial institutions considered "too big to fail."
