Latest News
Reacting to the stress tests
May 07 2009
Senator Warner says it appears the long-awaited results of the “stress tests” performed on leading U.S. banks are more positive than many had expected. The tests reportedly have concluded that the nation’s 19 largest banks have enough capital in reserve but may need to strengthen their holdings to absorb potential future losses.
Too big to fail?
May 06 2009
During this morning’s Banking Committee hearing on how to regulate banks and other financial institutions considered “too big to fail,” Senator Warner asked Shelia Bair, chairman of the Federal Deposit Insurance Commission, about the results of the bank “stress tests,” the results of which will be released tomorrow.
TARP Transparency Act
Apr 28 2009
Senator Warner introduced bipartisan legislation today that directs the Department of Treasury to more aggressively compile and disclose how the $700 billion in Troubled Asset Relief Program (TARP) funds have been used.
Continuing to push federal regulators
Mar 21 2009
Senator Warner is continuing to push federal regulators to use their existing authority to recover improper and inappropriate bonus payments made to certain executives at AIG and other financial firms receiving federal bailout assistance.
Economic Roundtable in Richmond
Jan 13 2009
During his first week in office, Senator Warner went on the road to hear from students and small business owners who have been affected by the economic downturn.
Warner talks new job, economy
Jan 09 2009
Senator Warner called into WRVA's Morning Show this morning, to talk about his new job as Virginia's junior Senator and the economy.
