Latest News
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.
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."
Restructuring the new auto industry
Jun 04 2009
Senator Warner says he was not comfortable questioning the business decisions of executives from GM and Chrysler, who announced this week they plan to close more than 2,000 dealerships by October 2010.
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.
