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On November 9, according to sources familiar with the matter, US Democratic Senator Elizabeth Warren is preparing to launch a broad legislative and supervisory agenda after taking over the Senate Banking Committee next year, focusing on major Wall Street financial institutions, tech giants, cryptocurrency companies linked to the Trump family, and other large enterprises. Warren plans to use the committee's powers of hearing and investigation to review business practices and potential financial risks, and include the rapidly expanding private credit market, AI bubble risk, and predictive market regulation as key areas of focus. On the legislative side, Warren plans to push for measures such as capping credit card interest rates, limiting improper profits for businesses, and cooperating with Tim Scott, who will soon be the top Republican member of the Banking Commission, to push forward the bipartisan housing bill. Its policy agenda will also cover consumer cost issues such as food prices, insurance costs, private equity, consumer debt, and student loans. Warren hopes to use the Democratic Party's political influence after winning the midterm elections to push the party to adopt more active corporate regulation and economic populist policies before the 2028 presidential election, but there is still uncertainty about whether the relevant ideas can be supported by moderates within the party.
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On November 9, according to sources familiar with the matter, US Democratic Senator Elizabeth Warren is preparing to launch a broad legislative and supervisory agenda after taking over the Senate Banking Committee next year, focusing on major Wall Street financial institutions, tech giants, cryptocurrency companies linked to the Trump family, and other large enterprises. Warren plans to use the committee's powers of hearing and investigation to review business practices and potential financial risks, and include the rapidly expanding private credit market, AI bubble risk, and predictive market regulation as key areas of focus. On the legislative side, Warren plans to push for measures such as capping credit card interest rates, limiting improper profits for businesses, and cooperating with Tim Scott, who will soon be the top Republican member of the Banking Commission, to push forward the bipartisan housing bill. Its policy agenda will also cover consumer cost issues such as food prices, insurance costs, private equity, consumer debt, and student loans. Warren hopes to use the Democratic Party's political influence after winning the midterm elections to push the party to adopt more active corporate regulation and economic populist policies before the 2028 presidential election, but there is still uncertainty about whether the relevant ideas can be supported by moderates within the party.
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