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Wells Fargo Doubles Down on Predatory Banking: Illegally Repossesses Cars of Military Members

On September 9, I wrote about how the banking giant Wells Fargo went on an illegal spree of opening false credit cards, checking and saving accounts; charged customers fees for unrequested "services"; and then fired more than 5,000 employees when the Consumer Financial Protection Bureau (CFPB) discovered the illicit activity. The CFPB -- conceived by Elizabeth Warren -- has limited power to address systemic banking abuse, but it did force Wells Fargo to stop these practices and pay an extremely modest fine of less than $200 million.  Read more.

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Elizabeth Warren Says Days of 'Lukewarm' Policies Are Over

In a wide-ranging and fiery keynote speech last weekend at the 12th annual Netroots Nation conference in Atlanta, Georgia, Sen. Elizabeth Warren (D-Mass.) relentlessly derided moderate Democratic pundits calling for the party to move "back to the center" and declared that Democrats must unequivocally "fight for progressive solutions to our nation's challenges."  Read more.