News Coverage
HuffPost: In Making A Case For Herself, Elizabeth Warren Is Also Making A Case For A Progressive Future
Sen. Elizabeth Warren (D-Mass.) is up for reelection in November, so she’s out making the case for herself. But the case isn’t actually just for herself. She’s very aware she’s also making the case for progressive policymaking and goals at a time when moderates are hoping to wrest some power away from the left wing of the Democratic Party. Part of the pitch for Warren (and for progressives) is a 72-page report her Senate office is releasing Thursday outlining her major accomplishments during … Continue Reading
October 07, 2024
NBC News: Sen. Warren and Rep. Dean demand major food and beverage CEOs stop ‘shrinkflation’
Two Democratic lawmakers are demanding that some of the biggest food and beverage companies stop engaging in “shrinkflation” — the practice of reducing product sizes while charging prices that are the same or higher. In pointed letters, Sen. Elizabeth Warren of Massachusetts and Rep. Madeleine Dean of Pennsylvania accused General Mills, Coca-Cola and PepsiCo of engaging in a “pattern of profiteering” through shrinkflation and by “dodging taxes.” The letters, sent Sunday afternoon and shared … Continue Reading
October 03, 2024
The Verge: John Deere accused of ‘excluding’ right-to-repair language in its manuals
Senator Elizabeth Warren (D-MA) is pressuring John Deere to update its manuals to better enable customers to repair their tractors. By omitting information about repair rights and pollution control systems, Warren alleges that John Deere could be in violation of the Clean Air Act. John Deere has been at the center of an ongoing battle over the right to repair John Deere has been at the center of an ongoing battle over the right to repair, especially as it incorporates more software into farm … Continue Reading
October 03, 2024
Reuters: US Senator Warren asks regulator to impose growth curbs on Citi
A prominent Democratic U.S. senator called on a top regulator on Wednesday to impose growth restrictions on Citigroup (C.N), opens new tab as the Wall Street bank struggles to fix ongoing regulatory problems. In a letter to Acting Comptroller of the Currency Michael Hsu, Senator Elizabeth Warren said that Citi's years-long struggle to fix data, controls and other management problems show it has become "too big to manage" and should be curtailed. A prominent bank critic who has previously … Continue Reading
October 03, 2024
New York Times: Senators Urge Justice Dept. to Hold Boeing Executives Accountable for Safety
Two Democratic senators sent a letter to Attorney General Merrick Garland on Thursday, pressing the top Justice Department official to take a tougher approach to Boeing and criminally prosecute the aircraft company's executives for not doing enough to ensure passenger safety. The letter, from Senators Elizabeth Warren of Massachusetts and Richard Blumenthal of Connecticut, criticized the Justice Department for not doing enough to hold Boeing accountable, as the company continues to grapple … Continue Reading
October 03, 2024
BNN Bloomberg: US Steel CEO Pressed by Two Senators to Defend Nippon Steel Deal Payout
Two prominent Democratic senators are criticizing United States Steel Corp. Chief Executive Officer David Burritt over his potential $72 million "golden parachute" if the sale to a Japanese company goes through - while President Joe Biden's decision on the takeover hangs in the air. Senator Elizabeth Warren of Massachusetts and Senator Sherrod Brown of Ohio, whose race for reelection is one of the closest in the chamber this year, wrote to Burritt Wednesday regarding financial incentives … Continue Reading
October 01, 2024
Boston Globe: ‘That’s just not right’: Sen. Warren presses Stop & Shop on grocery prices after study showing differences across neighborhoods
For more than a year, youth organizers with the Hyde Square Task Force in Jamaica Plain have pressed grocery giant Stop & Shop on pricing differences at its Greater Boston locations, alleging that grocery costs in its stores located in more affluent neighborhoods are cheaper than stores that are not. On Monday, the teen sleuths received reinforcements after members of the Massachusetts congressional delegation sent a letter to Stop & Shop's parent company demanding it provide … Continue Reading
September 30, 2024
MassLive: Private equity repeat: Mass. pols raise concerns about sale of Steward’s doctor network
A trio of Massachusetts lawmakers are raising fresh concerns about the sale of bankrupt Steward Health Care's physicians network to a company that's owned by a private equity firm. Democratic U.S. Sens. Ed Markey and Elizabeth Warren, joined by U.S. Rep. Jake Auchincloss, D-4th District, said they're worried state residents would be "at the mercy of another private equity firm" as they recover from the damage of Steward, which was formerly owned by a private equity firm. … Read the full … Continue Reading
September 26, 2024
Reuters: US Senator Warren probes defense groups' opposition to 'right to repair'
U.S. Senator Elizabeth Warren has asked defense industry groups how much their members make from contracts that withhold replacement parts and tools, pushing back on their opposition to a bill that would give the U.S. military a "right to repair" its own equipment. Warren asked the National Defense Industrial Association (NDIA) and three other industry groups in a letter on Wednesday how much they have spent lobbying against the provision included in the Senate's 2025 proposed defense … Continue Reading
September 26, 2024
American Banker: Warren calls for higher capital ratio at NYCB
Sen. Elizabeth Warren, D-Mass., is pressing the Federal Reserve and the Office of the Comptroller of the Currency to more carefully scrutinize New York Community Bancorp. The OCC in particular, Warren said, should impose an Individual Minimum Capital Ratio on the bank, making use of an obscure tool that could nonetheless heighten capital requirements for the beleaguered institution. "In order to protect the banking and financial system, it should do so as quickly as possible," Warren said … Continue Reading
September 26, 2024
Boston 25 News: Exclusive: Mass. Sen. Warren’s new bill bans private landlords from using NDAs in military housing
There is a new push in Congress to stop private housing companies from requiring military families to sign non-disclosure agreements in connection with their housing. This comes after our two-year-long investigation exposed widespread housing problems at homes on military bases run by private companies and revealed the use of NDAs when families tried to get housing issues resolved. The office of Sen. Elizabeth Warren (D-Mass.) shared details with us exclusively about her new bill, Restore … Continue Reading
September 26, 2024
The Hill: Democrats press corporations on lobbying spending ahead of tax fight
Democrats want to know how much big companies are paying major lobbies to lean on lawmakers ahead of the tax code expirations that are set for next year. Top executives at big companies, including Netflix, Ford and Tesla, received letters from Democratic lawmakers, demanding specifics on lobbying budgets and whether company boards approved them. "How much is AmerisourceBergen spending on lobbying efforts relating to renewing, amending, or maintaining the Tax Cuts and Jobs Act?" the lawmakers … Continue Reading
September 26, 2024
The Hill: Warren investigation blasts financial adviser perks as fiduciary reforms stall
Financial advisers long have been required to avoid conflicts of interest and act as "fiduciaries," meaning they must act first and foremost in the best interest of their clients. But a new investigation by the office of Sen. Elizabeth Warren (D-Mass.) found "a deeply troubling pattern of secretive incentives and rewards" for advisers, including expensive getaways in the Caribbean, luxury cruises on the Danube River and large cash bonuses among dozens of companies that provide such … Continue Reading
September 26, 2024
Miami Herald: Top Democrats want more arms trafficking resources for Haiti
A group of senior Democratic lawmakers are calling out the Biden administration for not doing enough to curb the trafficking of illegal firearms into Haiti from South Florida, demanding stricter screening at the region's ports. A letter sent to four different agencies with responsibility over weapons exports and signed by several senators and representatives, including Senate Majority Leader Chuck Schumer of New York, expresses "alarm" at the "rising lethality, quantity, and caliber of … Continue Reading
September 22, 2024
Business Insider: Student-loan companies that don't do their jobs should be fired, Elizabeth Warren says. Her next target is one that manages 8 million borrowers.
"Persistence pays," Warren told Business Insider in an interview. "We've stayed after Navient for years. Director Chopra's efforts at CFPB have finally helped millions of people get the relief they deserve and a guarantee that Navient will never work as a federal student loan servicer. That proves we can hold these guys accountable." Navient said in a statement following that settlement that "while we do not agree with the CFPB's allegations, this resolution is consistent with our go-forward … Continue Reading
September 21, 2024
USA TODAY: Voter registration is spiking, particularly among young adults
Voter registration is breaking records as Election Day approaches, particularly among young people, many of whom are first-time voters. On Tuesday's National Voter Registration Day more than 150,000 people registered through Vote.org, the most the organization has ever seen on that day. The organization registered 279,400 voters in all of last year. Last week, 337,826 people visited a link posted on Instagram by pop star Taylor Swift that directed them to their state's voter registration … Continue Reading
September 20, 2024
New York Times: Environmentalists Fear Subsidies for Carbon Capture Won’t Be Checked
Some activists are questioning whether the federal government can accurately verify a tax program for facilities that store planet-warming gases. Lucrative new tax subsidies for companies that catch the planet-warming gas carbon dioxide and store it deep underground were one of the few aspects of President Biden’s 2022 climate legislation that the oil industry embraced. The potential tax benefits spurred the industry, one of the largest contributors to the current climate crisis, to invest … Continue Reading
September 19, 2024
State House News Service: Warren, Cruz Team Up On Disaster Relief Bill
As a bill to attract more federal dollars to the Bay State moves to the governor, U.S. Sen. Elizabeth Warren is filing her own federal bill meant reform the way disaster relief is distributed to states -- changes she says could benefit Massachusetts as weather-related emergencies become more frequent. Sens. Warren, Ted Cruz of Texas and Congressmen Brian Babin of Texas and John Garamendi of California filed the bill Thursday to amend the law that dictates that the federal government can … Continue Reading
August 09, 2024
Fortune: JPMorgan CEO Jamie Dimon’s salary should be cut instead of hiking fees on 80 million customers, Elizabeth Warren says
In a letter to JPMorgan Chase CEO Jamie Dimon sent Thursday, Democratic lawmakers are calling on the bank to rethink imposing new fees on its 80 million retail customers, including potentially hiking checking account fees on tens of millions of them. Sens. Elizabeth Warren (D-MA) and Chris Van Hollen (D-MD) expressed concerns over recent comments by Marianne Lake, Chase’s CEO of consumer and community banking, who said the bank would consider increasing checking account fees to make up for … Continue Reading
August 08, 2024
The Verge: Democrats push Sam Altman on OpenAI’s safety record
Sen. Elizabeth Warren (D-MA) and Rep. Lori Trahan (D-MA) are calling for answers about how OpenAI handles whistleblowers and safety reviews after former employees complained that internal criticism is often stifled. "Given the discrepancy between your public comments and reports of OpenAI's actions, we request information about OpenAI's whistleblower and conflict of interest protections in order to understand whether federal intervention may be necessary," Warren and Trahan wrote in a letter … Continue Reading