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MarkWarner's profile
Mark Warner
Mark Warner
Mark Warner
Verified account
@MarkWarner

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Mark WarnerVerified account

@MarkWarner

Serving Virginia in the US Senate. Vice Chairman, Intel Committee. Dad, Husband, Budget Wonk. Previous: Serial entrepreneur, business guy, 69th Governor of Va

Virginia
warner.senate.gov
Joined July 2007

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    Mark Warner‏Verified account @MarkWarner Mar 8

    Mark Warner Retweeted Jamie Schler

    This bill is targeted towards small community banks and credit unions. They’re the ones who do the majority of small business & agricultural lending, and this is going to make a huge difference for rural Virginia.https://twitter.com/lifesafeast/status/971773527962595328 …

    Mark Warner added,

    Jamie Schler @lifesafeast
    Replying to @MarkWarner
    Is there a way to limit this bill to smaller banks?
    1:43 PM - 8 Mar 2018
    • 27 Retweets
    • 54 Likes
    • mzjane Manos Rhapsodos Blackcellent2 Chris Anuswith Kayaker♏🏳️‍🌈🎶 Melissa Dean Linda Manuel Pbrowning02 Annamaria Konya Tannon
    35 replies 27 retweets 54 likes
      1. New conversation
      2. Mark Warner‏Verified account @MarkWarner Mar 8

        The bill also tailors the rules affecting mid-sized community banks, but those who would characterize this as a giveaway to Wall Street are simply wrong. Here’s why this is important:pic.twitter.com/RZ6OkQAIBd

        7 replies 9 retweets 11 likes
        Show this thread
      3. Mark Warner‏Verified account @MarkWarner Mar 8

        As Fed Chair Jay Powell testified recently, these changes will not undermine the Fed’s authority to regulate regional banks, and the Fed will continue to provide strong oversight of these institutions.https://www.warner.senate.gov/public/index.cfm?p=PressReleases&id=AEA7E35A-A85B-4BA8-A2E9-14F93B7AF189 …

        4 replies 8 retweets 9 likes
        Show this thread
      4. Mark Warner‏Verified account @MarkWarner Mar 8

        So if you’re concerned about consolidation in the banking sector and the threat that poses to the stability of our financial system, you should support this bill.

        5 replies 9 retweets 13 likes
        Show this thread
      5. Mark Warner‏Verified account @MarkWarner Mar 8

        If you’re concerned about rural banks closing up or consolidating into bigger banks, you should support this bill.

        6 replies 20 retweets 48 likes
        Show this thread
      6. Mark Warner‏Verified account @MarkWarner Mar 8

        When I say this bill is about #Relief4MainStreet, I mean it. The sponsors of this legislation have worked hard to make sure this bill stays focused on the community banks, credit unions, and regional banks.https://www.bloomberg.com/news/articles/2018-03-08/wall-street-shut-out-in-senate-s-latest-rewrite-of-banking-bill …

        69 replies 30 retweets 53 likes
        Show this thread
      7. End of conversation
      1. Kevin O'Neil‏ @Kevin_C_ONeil Mar 8
        Replying to @MarkWarner

        @MarkWarner While I might agree that waiving these requirements make sense for smaller community banks, this law exempts 25 of the top 35 banks. How does that make any sense?

        0 replies 1 retweet 7 likes
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      1. New conversation
      2. Nancy Keenan‏ @nkeenan49 Mar 8
        Replying to @MarkWarner

        The CBO said it targeted MID-SIZE banks, NOT small banks Like my First Advantage CU & Chesapeake Bank. They are doing just fine, so why take a chance on a repeat fiasco by changing our protections under Dodd-Frank? I’m VERY disappointed with you & Tim Kaine, our VA senators.

        1 reply 1 retweet 8 likes
      3. 1 more reply
      1. E.B.‏ @bloomonthetweet Mar 8
        Replying to @MarkWarner

        Just the worst optics and politics for dems. Which constituents are asking for this?

        0 replies 1 retweet 4 likes
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      1. Jeff Yutzler‏ @slarjy Mar 8
        Replying to @MarkWarner

        If you wanted to limit the bill to smaller community banks and credit unions, you would have done so. You've chosen to include in this reform bill some fairly large institutions without justification.

        0 replies 0 retweets 8 likes
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      1. Alex Wenchel‏ @theWencheller Mar 9
        Replying to @MarkWarner

        Is the language change of “May” to “Shall” for the benefit of small banks? My understanding is that it’s custom designed to open the Federal Reserve up to big bank lobbying and lawsuits and fundamentally undermine #DoddFrank Plus the rest of your post is also a lie based on CBO.

        0 replies 1 retweet 1 like
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      1. T.Pichette‏ @tpichette Mar 8
        Replying to @MarkWarner

        Targeted is not the same as limited. I'm sure the tax bill was targeted to middle class families when you'd agree it should have been limited to middle class families.

        0 replies 0 retweets 3 likes
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      1. GlimmeryGlass‏ @GlimmeryG Mar 8
        Replying to @MarkWarner

        Sorry Senator. I call BS.

        0 replies 0 retweets 4 likes
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      1. Emezetta‏ @MauricioZulet11 Mar 8
        Replying to @MarkWarner

        I understand Republican corporate lackeys promoting this outrage. But you too? I guess we'll need to vote you out in November with the rest of them. #voteallrepublicansoutofcongress

        0 replies 0 retweets 3 likes
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      1. Dnny‏ @dnnyned Mar 8
        Replying to @MarkWarner

        Usually I'm with you but now I have to do my own fact checking. What I'm hearing in whispers of excitement is that Dodd frank is gone

        0 replies 0 retweets 4 likes
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      1. 18 USC § 2381‏ @LisaStepanek Mar 8
        Replying to @MarkWarner

        I lost everything I had due to the last round of predatory lending and crooked banking under W. I haven’t recovered yet. I think Bank of America got the government’s financial help, though. So don’t worry about them.

        0 replies 0 retweets 2 likes
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      1. AY Allgood‏ @ayallgood Mar 8
        Replying to @MarkWarner

        #WeCallBS

        0 replies 0 retweets 2 likes
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      1. Eric J  🌹‏ @EricJafMN Mar 8
        Replying to @MarkWarner

        The bill increases leverage for some of the biggest banks, which increases the chance of more bailouts.

        0 replies 0 retweets 1 like
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      1. Zoey Jordan Salsbury‏ @zoeyjsalsbury Mar 8
        Replying to @MarkWarner

        This is absolute tosh and you know it.

        0 replies 0 retweets 1 like
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      1. Brenda Hansen‏ @BrendaHansen16 Mar 8
        Replying to @MarkWarner

        It also does away with regulation of too big to fail banks- puts us back in position prior to financial meltdown. Not a good bill

        0 replies 0 retweets 1 like
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