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October 06, 2021

New York Times: Lawmakers seek details on accounting firms after a New York Times report

Two Democratic lawmakers are seeking information from the country’s biggest accounting firms about the revolving door between the firm’s tax departments and top positions at the Treasury Department.Senator Elizabeth Warren of Massachusetts and Representative Pramila Jayapal of Washington made the request after The New York Times detailed how multinational accounting firms effectively draft tax rules from inside the government that benefit their clients. The Times found at least 35 examples in which employees of big accounting firms left to join the Treasury’s tax policy office or other government positions and then returned to the same firm. In nearly half of those cases, the officials were promoted to partner when they rejoined their old employer, which often means a doubling of their pay.… Continue Reading

October 06, 2021

Bloomberg: Warren Says Facebook Funds ‘Dark Money,’ Undermines Democracy

Senator Elizabeth Warren accused Facebook Inc., along with other social media giants, of using their wealth to exert influence on Washington in a way that undermines the democratic system.“The loudest voice in this hall is Facebook and the other giant corporations, they hire the lobbyists, they make the big campaign contributions. And even more importantly, they fund dark money -- the part that, you never even see their fingerprints on it,” Warren, a Massachusetts Democrat, said in an interview on Bloomberg Television with David Westin on Tuesday. “They’re the ones that undermine the basic premise of democracy.”… Continue Reading

October 04, 2021

Truthout: Warren Introduces Bill to Protect Bank Customers, Small Banks From Consolidation

On Thursday, Sen. Elizabeth Warren (D-Massachusetts) introduced a bill that would reform the way the government authorizes bank mergers. The proposal is an effort to stop the endless “rubber stamping” of bank consolidation, which Warren argues comes at the expense of customers and small banks.The Bank Merger Review Modernization Act, introduced with Rep. Jesús “Chuy” García (D-Illinois), would strengthen rules for the authorization process for bank mergers, in hopes of ensuring that future mergers serve the public. The act creates protections to make the process more transparent and to evaluate the financial risks that may emerge from a merger.… Continue Reading

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Press Releases

October 10, 2024

Warren Urges FTC To Closely Scrutinize Novo Nordisk-Catalent Merger, Block if Illegal Under Antitrust Law

U.S. Senator Elizabeth Warren (D-Mass.) sent a letter to Federal Trade Commission (FTC) Chair Lina Khan, urging the FTC to closely scrutinize a proposed merger between Novo Nordisk and contract development and manufacturing organization Catalent, and block the deal if it is found to be illegal under antitrust law. In the letter, Senator Warren raises concerns that the merger could hurt Americans by limiting competition and leading to higher cost for prescription drugs.  “Given the proposed merg… Continue Reading

October 09, 2024

Warren, Wyden, Porter Call on Treasury, IRS to Improve Direct File by Ending Reliance on ID.me, Making Identity Verification Secure and Accessible

Boston, MA - U.S. Senators Elizabeth Warren (D-Mass.), a member of the Senate Finance Committee, Ron Wyden (D-Ore.), Chair of the Senate Finance Committee, and Representative Katie Porter (D-Calif.) wrote to the Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) urging the agencies to make the Direct File tax filing program more accessible by ending reliance on ID.me, which uses a flawed facial recognition software. When Direct File, the first free, public, electronic … Continue Reading

October 07, 2024

Warren, Markey, Massachusetts Delegation Secure Nearly $60 Million in Federal Funding to Fight the Opioid Crisis

Funding will support efforts to mitigate the overdose crisis in Massachusetts, which has one of the highest overdose mortality rates in the country Boston, MA - U.S. Senators Elizabeth Warren (D-Mass.) and Ed Markey (D-Mass.), along with Representatives Katherine Clark (D-Mass.), Richard Neal (D-Mass.), Jim McGovern (D-Mass.), Stephen Lynch (D-Mass.), Bill Keating (D-Mass.), Seth Moulton (D-Mass.), Lori Trahan (D-Mass.), Ayanna Pressley (D-Mass.), and Jake Auchincloss (D-Mass.), announced the M… Continue Reading

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Op-eds

August 21, 2021

Washington Post: How to fix our rigged tax system

Now that the Senate has passed a budget resolution, we’re one step closer to realizing President Biden’s transformational agenda: a once-in-a-generation investment in child care and Medicare, combating climate change and other efforts that would actually make our government work for families. The other half of the package — how to pay for these investments — is equally important.The already huge gap between the 0.1 percent and everyone else is just getting wider. Billionaire wealth surged by $1.8 trillion from the early days of the pandemic through last month. The 400 richest Americans had more total wealth, as of 2019, than all 10 million Black American households, plus a quarter of Latino households, combined. Yet the ultrarich pay only 3.2 percent of that wealth in taxes, while 99 percent of families pay 7.2 percent. And scores of giant U.S. corporations pay zero.I’ve proposed measures that would raise more than $5 trillion in revenue — far more than we need to enact the Biden plan.… Continue Reading

May 04, 2021

Boston Globe: Elizabeth Warren on why we need universal child care now

In early April 2020, just as wave after wave of coronavirus cases were hitting the United States and hospitals in hot spots were worried about being overrun with sick and dying people, I set up a conference call with a big group of Massachusetts nurses. They were working long hours, there were no known COVID-19 treatments, and they were watching their patients die alone. I’d also heard terrible stories about the shortage of face masks and other protective gear. Let’s be clear: If nurses can’t do their jobs, then the whole health care system breaks down and all of America is at risk.I thanked the nurses and said I agreed with everyone in our country who had been calling them “heroes.” There were some polite responses, and then I asked the obvious question: What do you need so you can do your jobs? The first answer: child care. Another chimed in, saying, Yeah, we need child care. And then the dam broke, with the nurses talking over each other. The always-tricky and always-stressful task … Continue Reading

March 25, 2021

CNN: Caregivers are essential workers. It's time we recognize them as such

We all want the same things in life: health, security and promising futures for our families. The Covid-19 pandemic has made it clear how caregivers -- including child care, home care and nursing home workers -- are essential to achieving this vision. But families struggle to afford care, while care jobs remain undervalued, understaffed, underprotected and underpaid. It's time for Congress and President Joe Biden to make real change. Caregivers have taken on some of the worst burdens of the pandemic. Home care workers like Joyce Barnes in Virginia described to the Washington Post last April how she was given paper towels and rubber bands to wear as masks and was expected to buy her own hand sanitizer to use at work. Child care workers like Rosa Carreño in California witnessed a system on the verge of collapse with thousands of fellow providers closing their doors as the costs of care during the pandemic, including the additional staff needed to support distance learning… Continue Reading

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Press Kit

Members of the media wishing to contact Senator Warren's press staff should email press@warren.senate.gov.

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