Senators Sanders, Warren Call On Leading Banks To Ramp Up Loans

2025-09-11 02:06:06

(MENAFN- Investor Brand Network) Senator Elizabeth Warren and Senator Bernie Sanders have called out the country's biggest banks, saying they are putting profits for shareholders and executives ahead of the needs of everyday Americans. In a joint move, the two senators wrote letters to the Chief Executive Officers of the top six banks urging them to lend more to households and businesses instead of focusing on dividends and stock buybacks.

It remains to be seen what other financial industry players like B. Riley Financial Inc. (NASDAQ: RILY) think of how the pair of U.S. senators is interpreting the practice of share buybacks and issuing dividends by...

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