Press Releases
Warner discusses new jobs initiative with Virginia small business owners, bankers
~Highlights efforts to boost access to capital so they can hire and grow~
Jun 18 2010
RICHMOND – U.S. Sen. Mark R. Warner (D-VA) met today with Virginia small business owners and lenders to discuss his specific efforts to help small businesses grow and put more Virginians back to work. Since last fall, Senator Warner has worked closely with the White House to design new tools to help small businesses access needed capital to help strengthen the economic recovery.
Bipartisan Senate Approval for Sen. Warner's Framework for Ending Taxpayer Bailouts of Wall Street Firms
~ 93-to-5 vote in support of ending bailouts, ‘too big to fail’ ~
May 05 2010
WASHINGTON, D.C. – The U.S. Senate voted 93-5 today to adopt provisions of the Wall Street reform bill that were crafted by U.S. Senator Mark R. Warner (D-VA) in partnership with Senator Bob Corker (R-TN) for the orderly liquidation of financial firms deemed “too big to fail,” and to prevent any future taxpayer-funded bailouts of large, interconnected firms that get into financial trouble.
Senator Warner released the following statement today on the announcement by Banking Committee Chairman Chris Dodd on bipartisan negotiations for financial regulatory reform.
Warner Urges Action to Revive Lending to Small Businesses
~Warner, 32 colleagues sign letter to the President~
Oct 21 2009
WASHINGTON -- U.S. Senator Mark R. Warner today led one-third of the members of the U.S. Senate in urging the Obama administration to support America's struggling small businesses by unlocking the credit lines typically offered by small, independent and community-based banks.
Warner, Corker: COP Report Underscores Need for TARP Recipient Ownership Trust Legislation
Sep 09 2009
WASHINGTON – Legislation introduced in June by U.S. Senators Bob Corker (R-TN) and Mark Warner (D-VA) got a major boost today with a Congressional Oversight Panel report recommending that the U.S. Treasury Department “consider placing its GM and Chrysler shares in an independent trust that would be insulated from political pressure and government interference.”
Warner, Corker Bill Gives FDIC Authority to Wind-Down Bank Hold Companies
~Bipartisan bill is an interim step to address broader regulatory reform~
Jul 30 2009
WASHINGTON – U.S. Senator Mark R. Warner of Virginia joined Senator Bob Corker of Tennessee today in introducing legislation giving the FDIC authority to resolve, or wind down, bank holding companies, an important interim step toward addressing broader regulatory reform. The senators, both members of the Senate Banking Committee, say the FDIC needs this additional authority to fill a glaring regulatory gap that has come to light over the last 18 months.
