Senator Warren secured agreement from Treasury nominee McKernan to advocate for raising deposit insurance limits for businesses.
Quiver AI Summary
During a Senate nomination hearing, U.S. Senator Elizabeth Warren engaged with Jonathan McKernan, Trump’s nominee for Treasury Undersecretary, securing his commitment to work on increasing deposit insurance limits for business transaction accounts. Warren stated, "Raising FDIC insurance limits is a common-sense policy" aimed at supporting small and mid-sized banks.
Warren highlighted the disparity between how large and small banks are treated during financial crises, referencing incidents where major bank failures led to extensive bailouts for large depositors but left small businesses at a loss. McKernan acknowledged this two-tier system's negative implications and expressed a willingness to consider legislative changes for enhanced deposit insurance.
The bipartisan interest in this reform was also noted, with both Warren and Republican Senator James Lankford discussing the need to level the playing field for community banks that support small businesses. McKernan agreed that there is congressional interest in addressing these insurance limits.
Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.
Elizabeth Warren Net Worth
Quiver Quantitative estimates that Elizabeth Warren is worth $7.1M, as of July 23rd, 2025. This is the 118th highest net worth in Congress, per our live estimates.
Warren has approximately $0 invested in publicly traded assets which Quiver is able to track live.
You can track Elizabeth Warren's net worth on Quiver Quantitative's politician page for Warren.
Elizabeth Warren Bill Proposals
Here are some bills which have recently been proposed by Elizabeth Warren:
- S.2321: A bill to make price gouging unlawful, to expand the ability of the Federal Trade Commission to seek permanent injunctions and equitable relief, and for other purposes.
- S.2300: A bill to amend section 2112 of title 44, United States Code, to appropriately limit donations to Presidential Libraries and Centers.
- S.2209: A bill to require contractors to provide reasonable access to repair materials, and for other purposes.
- S.2197: Refund Equality Act of 2025
- S.2191: AMMO Act
- S.2145: GUARD Veterans’ Health Care Act
You can track bills proposed by Elizabeth Warren on Quiver Quantitative's politician page for Warren.
Elizabeth Warren Fundraising
Elizabeth Warren recently disclosed $686.3K of fundraising in a Q2 FEC disclosure filed on July 15th, 2025. This was the 89th most from all Q2 reports we have seen this year. 98.9% came from individual donors.
Warren disclosed $670.2K of spending. This was the 56th most from all Q2 reports we have seen from politicians so far this year.
Warren disclosed $3.9M of cash on hand at the end of the filing period. This was the 61st most from all Q2 reports we have seen this year.
You can see the disclosure here, or track Elizabeth Warren's fundraising on Quiver Quantitative.
