News Coverage

January 10, 2018

Reuters: U.S. Senate Democrats propose fines for credit reporting agency hacks

WASHINGTON, Jan 10 (Reuters) - Two Senate Democrats are proposing large new fines for credit reporting agencies that lose consumers' personal information in data breaches, according to a bill they introduced on Wednesday. ... Senators Mark Warner and Elizabeth Warren's bill is in response to a data breach at Equifax that put the information of 145 million Americans at risk. The bill faces an uphill climb in a Republican-led Congress, but if it became law, would allow the government to fine as … Continue Reading

January 10, 2018

American Banker: Warren, Warner propose 'massive' fines for breaches at credit bureaus

WASHINGTON - Sens. Elizabeth Warren, D-Mass., and Mark Warner, D-Va., are set Wednesday to introduce a bill that would create mandatory penalties for data breaches at credit reporting agencies. "Our bill imposes massive and mandatory penalties for data breaches at companies like Equifax - and provides robust compensation for affected consumers - which will put money back into people's pockets and help stop these kinds of breaches from happening again," Warren said in a press release. The Data … Continue Reading

January 09, 2018

Reuters: Senator Warren says U.S. needs to 'rethink' money laundering laws

WASHINGTON (Reuters) - Democratic Senator Elizabeth Warren said on Tuesday the United States needed to review outdated laws for combating money laundering which are creating an undue compliance burden for small and community banks. During a Congressional hearing on Tuesday, Warren said she supported more stringent company ownership disclosure requirements and changing the threshold for reporting suspicious transactions in order to make life easier for small lenders and law enforcement. "Money … Continue Reading

January 09, 2018

Springfield Republican: Springfield Mayor Domenic Sarno, others join Elizabeth Warren in speaking out against proposed federal funding cuts

Springfield Mayor Domenic Sarno joined U.S. Sen. Elizabeth Warren, D-Massachusetts, and other mayors from across the state this week in raising concerns about the impacts proposed federal funding cuts could have on local cities and towns. The Democrat, in a video released by Warren's office, again urged President Donald Trump against ending funding for the the U.S. Department of Housing and Urban Development's Community Development Block Grant program, which helps cities and towns ensure … Continue Reading

January 08, 2018

Springfield Republican: U.S. Sen. Elizabeth Warren: AG Jeff Sessions' marijuana policy shift is 'incredibly destructive'

U.S. Sen. Elizabeth Warren, D-Massachusetts, on Monday called Attorney General Jeff Sessions' elimination of rules that allowed states to legalize marijuana "an incredibly destructive thing to do." Sessions last week rescinded an Obama-era memo that said the Department of Justice would not prosecute marijuana users and businesses who were conforming with state law in states that legalized recreational marijuana use. Instead, Sessions is leaving it up to each U.S. Attorney how to prosecute … Continue Reading

January 08, 2018

Springfield Republican: U.S. Sen. Elizabeth Warren pushes for community health center funding stalled in Congress

BOSTON -- After touring a Roxbury community health center, U.S. Sen. Elizabeth Warren, D-Massachusetts, called on Congress to provide long-term funding to community health centers and a children's health insurance program. "Right now, Congress has failed in its responsibility to you and the people of Massachusetts and the people of America," Warren said during a roundtable with health care professionals at the Dimock Center. Funding for community health centers and a children's health … Continue Reading

January 08, 2018

The Hill: Warren blasts Mulvaney for 'unjustified' actions at consumer bureau

Sen. Elizabeth Warren (D-Mass.) accused the acting director of the consumer bureau of using concerns about cybersecurity to sabotage the agency's oversight of the financial sector. Warren, in a letter released Monday, said acting Consumer Financial Protection Bureau Director Mick Mulvaney had been "hobbling the agency" by suspending data collection. "I fear that the freeze in data collection has in practice fundamentally changed how the CFPB interacts with its regulated entities," wrote Warren … Continue Reading

January 05, 2018

The Hill: Warren rips Trump over immigration demands: 'Dreamers aren't bargaining chips'

Sen. Elizabeth Warren (D-Mass.) slammed President Trump on Friday over his newly released priorities for an immigration deal. Warren tweeted that recipients of the Deferred Action for Childhood Arrivals (DACA) program, commonly referred to as "Dreamers," should not be used as "bargaining chips." "Dreamers aren't bargaining chips," Warren tweeted. "They aren't pawns in @realDonaldTrump's game. We made a promise. We said come out of the shadows & be fully woven into the fabric of America … Continue Reading

January 04, 2018

Springfield Republican: Massachusetts congressional delegation calls for release of additional home heating assistance funds

With frigid temperatures and a winter storm bearing down on the Northeast, Massachusetts congressional lawmakers urged the Trump administration Thursday to release more federal funding to help low-income Americans heat their homes. All 11 members of the state's congressional delegation penned a letter to Eric Hargan, the acting secretary and deputy secretary of the Department of Health and Human Services, urging the agency to immediately release as much of the remaining 10 percent of Low … Continue Reading

January 04, 2018

WGBH: Sen. Warren: Trump's North Korea Tweets Are "Dangerous"

Sen. Elizabeth Warren told WGBH News that her colleagues in Washington are concerned about President Trump's mental health, following a series of recent tweets sent by Trump targeting North Korean leader Kim Jong Un. "There's a lot of talk about it in D.C., and a lot of talk about the fact that he says one thing today and says something different tomorrow and says something very different the day after that - much of this is dangerous," Warren said. "I mean, trying to taunt Kim Jong Un, that … Continue Reading

January 04, 2018

WISH TV: Senators Todd Young, Elizabeth Warren introduce bill to increase oversight of taxpayer money

WASHINGTON (WISH) - Indiana Republican Senator Todd Young and Senator Elizabeth Warren, a Democrat from Massachusetts, have introduced a bill to increase oversight of taxpayer dollars. The bill, which is called The Good Accounting Obligation in Government Act, would require government organizations to provide annual reports to Congress on about the status on implementing recommendations from the Office of Inspector General and the Government Accountability Office. ... "I'm glad to partner with … Continue Reading

January 03, 2018

Berkshire Eagle: Markey and Warren want firm action from EPA and FERC for pipeline's discharge of 'hazardous wastewater' in Agawam

A discharge of 16,500 gallons of "hazardous wastewater" from pipeline testing in Agawam has prompted intervention by the two U.S. senators that represent Massachusetts. In a letters to federal regulators, U.S. Sens. Edward Markey and Elizabeth Warren said Tennessee Gas Pipeline Co.'s release of pressure testing wastewater Nov. 20 poses a threat to public health and the environment in surrounding communities. "This wastewater reportedly contains heavy metals and carcinogenic chemicals," the … Continue Reading

January 02, 2018

Washington Post: Elizabeth Warren wants the Education Dept.’s use of earnings data investigated

Sen. Elizabeth Warren (D-Mass.) is asking the U.S. Department of Education's inspector general to investigate the agency's use of earnings data to grant partial student loan forgiveness to defrauded borrowers. The request arrives two weeks after the department said it will provide debt relief to former students of Corinthian Colleges by comparing the average earnings of students in similar vocational programs. That earnings information is collected under gainful employment, a regulation that … Continue Reading

December 22, 2017

Revere Journal: Sen Elizabeth Warren Urges Congress to Restore Funding to Community Health Centers like EBNHC

In an Op-Ed that appeared in Stat News on Monday, Dec. 18, Massachusetts Sen. Elizabeth Warren called House Republicans onto the carpet for halting federal funding to the nation's Community Health Centers, like East Boston Neighborhood Health Center (EBNHC), while working on cutting taxes for the "wealthy." "I love community health centers," Warren wrote. "They do wonderful work and enjoy widespread support. But I'm worried because Republican leaders in Congress have held these centers hostage … Continue Reading

December 21, 2017

The Hill: Warren blasts DeVos on reducing loan forgiveness

Sen. Elizabeth Warren (D-Mass.) ripped Education Secretary Betsy DeVos's decision to reduce loan forgiveness for some defrauded students, calling the move "a stingy & ridiculous scheme." "After almost a year of inaction - and over 100k defrauded students waiting for answers - @BetsyDeVosED has a stingy & ridiculous scheme for making many of them pay the fed govt money they don't owe. It's shameful," Warren said in a tweet on Thursday. Read more on The Hill's website … Continue Reading

December 21, 2017 Elizabeth Warren blasts Congress for lack of DACA fix before holidays: ‘What are you waiting for?’

Sen. Elizabeth Warren is decrying the decision by Republican leaders in Congress to head home for the holidays while the future of so-called Dreamers hangs in the balance. "It's been one broken promise after another," Warren said in a speech Thursday on the Senate floor. "One of those promises was to protect 800,000 Dreamers who were brought to the United States as kids. [President Donald] Trump broke this promise when he ended DACA." As a result, the Massechusetts Democrat said it was "up to … Continue Reading

December 19, 2017

Vox: Wells Fargo cheated millions of customers. The Republican tax bill is about to hand it a big win.

Wells Fargo in 2016 was fined $185 million for issuing millions of fake credit card accounts. In 2017, it was caught overcharging clients on currency trades and improperly charging homebuyers to lock into low mortgage rates. And in 2018, it could be about to get the best tax deal of all the big banks. ... "Rather than holding Wells Fargo responsible for cheating its customers, Republicans are looting the Treasury to funnel billions of dollars to the bank," Sen. Elizabeth Warren (D-MA) said in … Continue Reading

December 19, 2017

The Hill: Warren slams GOP tax bill: 'It’s government for sale'

Sen. Elizabeth Warren (D-Mass.) ripped the GOP tax bill in a speech on the Senate floor Tuesday night, calling it "government for sale." "As one of my Republican colleagues said in a moment of honesty, if they don't pass this tax giveaway bill, financial contributions will stop. And a Republican House member said big donors told him to pass the tax bill - or don't ever call them again," Warren said. "Let's call this out for what it is - it's government for sale." "And that's how you end up … Continue Reading

December 18, 2017

The Young Turks: Warren Blasts FedEx and UPS as Evidence GOP Tax Bill Won’t Create Jobs

Several congressional Democrats, including Sen. Elizabeth Warren (D-Mass.), are pointing to findings by TYT in a series of reports on the employment policies of FedEx and UPS as evidence that the Republican tax bill will not create jobs. TYT reported that the two companies-among America's largest employers-already have billions of dollars in cash on hand and are investing hundreds of millions in initiatives that stand to reduce their employment levels. TYT discovered patent applications, for … Continue Reading

December 18, 2017

Reuters: Senator Warren hits out at 'effort to politicize' U.S. consumer agency

Democratic Senator Elizabeth Warren is taking aim at budget chief Mick Mulvaney's plan to fill the ranks of the U.S. consumer financial watchdog with political allies, according to letters seen by Reuters, the latest salvo in a broader battle over who should run the bureau. President Donald Trump last month appointed Mulvaney as acting director of the Consumer Financial Protection Bureau (CFPB), though the decision is being legally challenged by the agency's deputy director, Leandra English, … Continue Reading

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