U.S. Democratic presidential hopeful Elizabeth Warren on Thursday called for an ...
WASHINGTON - U.S. Democratic presidential hopeful Elizabeth Warren on Thursday called for an overhaul of the private-equity industry as part of a new proposal targeting Wall Street.
Warren and a group of Democrats also filed legislation on Thursday to implement the policy that the Massachusetts senator proposed through her campaign. The proposal was greeted with opposition from industry and business groups, who would undoubtedly fight efforts to enact the legislation. She also repeated her call for creating a government-backed banking system to work through the U.S. Postal Service.
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