News Coverage
WHDH: Sen. Warren says she wants to know more about Trump’s border security plan
Sen. Elizabeth Warren (D-Mass.) said she would like to know more about President Donald Trump's plan to strengthen border security by sending troops there. Warren spoke Thursday at Hanscom Air Force Base, along with Secretary of the Air Force Heather Wilson. While said it is fairly common to send troops to the border, Warren said she needs more information about Trump's plans. Read the full artcle on the WHDH website … Continue Reading
April 04, 2018
LA Times: Sen. Elizabeth Warren pushes Federal Reserve to hold formal vote on Wells Fargo reform plan
Sen. Elizabeth Warren (D-Mass.) is requesting that the Federal Reserve Board of Governors hold a formal vote on whether to accept a plan from Wells Fargo & Co. to address consumer abuses. In a letter to Fed Chairman Jerome H. Powell released Wednesday, Warren said it was important for Senate-confirmed central bank governors to vote on enforcement decisions so Congress and the public can hold them accountable. ... "The Fed's consent order sent a powerful message to Wells Fargo and other … Continue Reading
April 02, 2018
Politico: Warren leads crusade for diversity at Fed
The potential selection of a white man to head the New York Federal Reserve - the central bank's second-most powerful job - has sparked a fierce backlash from Sen. Elizabeth Warren and other progressives, who are accusing the Fed of overlooking women and people of color. The expected pick is John Williams, a Ph.D. economist who currently heads the San Francisco Fed. Fueling the torrent of criticism is that Williams' reserve bank oversees Wells Fargo, the giant lender that has been consumed by … Continue Reading
April 01, 2018
The Guardian: Senator Warren says Trump diplomacy has been a 'terrible mistake'
On a three-day visit to China, the Democratic senator and potential 2020 presidential candidate Elizabeth Warren said Donald Trump's efforts to "take the legs out from underneath our diplomatic corps" had been a "terrible mistake". Warren discussed trade and North Korea with senior Chinese officials including Liu He, vice-premier for economic policy, Yang Jiechi, a top diplomat, and the minister of defense, Wei Fenghe. ... Warren said success would be getting a commitment to discuss … Continue Reading
March 27, 2018
Washington Monthly: Elizabeth Warren Proposes a Plan to Strengthen Obamacare
Months after all the talk about Democrats signing on to Medicare for All proposals, or attempts to move us in that direction, Senator Elizabeth Warren has proposed a plan to further regulate private insurers as a way to strengthen Obamacare. ... In her own way, Warren has exposed the issue that proponents of Medicare for All will have to grapple with: private insurance companies aren't the only problem in our current healthcare system. The other two factors will be much more difficult … Continue Reading
March 27, 2018
CNBC: Elizabeth Warren wants to grill likely New York Fed president on Wells Fargo oversight
John Williams' cross-country path from the San Francisco to the New York Fed could be a bumpy one. ... Sen. Elizabeth Warren, a Massachusetts Democrat who has been a staunch banking critic, particularly on issues relating to the Wells Fargo fake account scandal, said she wants a chance to grill Williams before he is appointed. "Mr. Williams' track record raises several questions, including about his fitness to supervise Wall Street banks given the San Francisco Fed's inadequate supervision … Continue Reading
March 26, 2018
Wall Street Journal: Sen. Warren Says New York Fed Pick Should Testify Before Senate Ahead of Appointment
U.S. Sen. Elizabeth Warren (D., Mass.) said Monday that John Williams should testify before the Senate Banking Committee before being approved as the next president of the Federal Reserve Bank of New York. The Wall Street Journal reported Saturday that Mr. Williams, who now serves as leader of the San Francisco Fed, was the front-runner to become the New York Fed chief, one of the top jobs in the central bank system. ... Read the full article on the Wall Street Journal website … Continue Reading
March 26, 2018
Daily Kos: Elizabeth Warren introduces plan to make healthcare coverage more affordable and reliable
Massachusetts Sen. Elizabeth Warren could be coming along with exactly the right healthcare bill at exactly the right time. Her legislation would build on the Affordable Care Act, providing more financial assistance to people buying insurance in the marketplace, capping out-of-pocket expenses for prescription drugs for consumers with high drug costs, and creating new rules for insurance companies to protect consumers. ... Read the full article on the Daily Kos website … Continue Reading
March 26, 2018
Roll Call: Warren Outlines Goals for Diplomacy Ahead of Trip to Asia
Ahead of a trip to Asia this week, Sen. Elizabeth Warren outlined her goals for diplomacy in an op-ed for the Boston Globe. Warren, who is running for re-election this year, will meet with officials from China, South Korea and Japan. ... "I support talking to our adversaries, but we should be skeptical that he is negotiating in good faith and is willing to halt his nuclear expansion even as he snatches the trophy of a picture with an American president," she wrote. Read the full article on … Continue Reading
March 22, 2018
The Hill: Warren battles Carson: Housing discrimination 'the scandal that should get you fired'
Sen. Elizabeth Warren (D-Mass.) on Thursday tore into Housing and Urban Development (HUD) Secretary Ben Carson, saying he should be fired for failing to enforce the agency's laws. "It is HUD's job to help end housing discrimination. That's what the law said. You said you would enforce these laws. You haven't, and I think that's the scandal that should get you fired," Warren told Carson during a Senate hearing. "Well, I don't think that you have characterized things in any way close to what … Continue Reading
March 22, 2018
HuffPost: Elizabeth Warren Tells Ben Carson To His Face: You Should Be Fired
Sen. Elizabeth Warren (D-Mass.) tore into Housing and Urban Development Secretary Ben Carson on Thursday, ripping the former neurosurgeon for failing to do his job. ... Warren made mention of the scandal currently plaguing his office ? that it spent $31,000 of taxpayer money on a dining set for his office ? but she was quick to call out the secretary for failing to advance HUD's mission of ending housing discrimination. Earlier this month, HuffPost reported that Carson removed … Continue Reading
March 22, 2018
FierceHealthcare: Sen. Elizabeth Warren introduces bill to make ACA plans more affordable, tighten controls on private payers
In addition to increasing subsidies for coverage, Warren's plan would make those funds easier for people to obtain. Warren's bill also seeks to exercise greater control over private payers. It would set profit limits for private insurers to match what they can earn from Medicare and Medicaid plans and suggests an ombudsman program to monitor consumer complaints. The bill would also require payers who profit off of Medicare or Medicaid plans also offer health plans on the ACA exchanges that … Continue Reading
March 20, 2018
MassLive: 'We have not forgotten Puerto Rico' says Sen. Elizabeth Warren, 6 months after Hurricane Maria
Six months ago, on Sept. 20, Hurricane Maria struck Puerto Rico and the U.S. Virgin Islands, leaving destruction in its wake and causing residents to flee the islands. Many storm evacuees, particularly from Puerto Rico, arrived in Massachusetts by the thousands, leaving behind family, friends and damaged homes in hopes of finding shelter and work. U.S. Sen. Elizabeth Warren, D-Massachusetts, Tuesday issued a post on the social media blogging platform Medium to bring awareness to the issues … Continue Reading
March 16, 2018
MassLive: US Sen. Elizabeth Warren blasts Mick Muvlaney's 'incomplete' response to questions on CFPB leadership
U.S. Sen. Elizabeth Warren, D-Massachusetts, again called on Office of Management and Budget Director Mick Mulvaney Friday to address questions raised over his actions at the Consumer Financial Protection Bureau, arguing that this previous responses to such inquiries were "evasive, misleading or incomplete." Warren, who helped create the watchdog agency after the 2008 financial crisis, sent a 17-page letter to Mulvaney -- her 10th to the OMB and CFPB director since November -- seeking … Continue Reading
March 16, 2018
Vice: Elizabeth Warren Explains How the Banking Bill Will Put Families at Risk
On Wednesday night, 17 Democrats joined every single Republican in Senate in passing a bill to ease regulations on most of the major banks in the country. Senator Elizabeth Warren was not one of the senators in that coalition, and she certainly did not hold back her criticism of the choice they'd just made. "Republicans and Democrats came together today to deregulate the big banks and set the stage for another financial crash. Bankers are popping champagne because the Bank Lobbyist Act just … Continue Reading
March 15, 2018
Boston Globe: Warren, Markey join other senators in requesting an update on Puerto Rico from federal agencies
On Wednesday morning, about 140,000 Mass. utility customers were left without power in the wake of a nor'easter that brought whipping winds and heavy snow to the region. But on the same day, a similar number of residents were without power in Puerto Rico - except they have been in the dark for six months. This week, five senators, including Elizabeth Warren and Ed Markey of Massachusetts, expressed their own concern about the US territory in a letter to federal officials about efforts to … Continue Reading
March 14, 2018
American Banker: Warren introduces bill to end ‘too big to jail’
Sen. Elizabeth Warren, D-Mass., introduced a bill Wednesday that would create a permanent law enforcement unit to investigate potential criminal activity at large financial institutions. The move by Warren was in stark contrast to the bipartisan legislation to roll back certain provisions of the Dodd-Frank Act, which is expected to pass the Senate on Thursday morning. ... Read the full article on the American Banker website … Continue Reading
March 11, 2018
Politico: Warren worries Kim would 'take advantage' of Trump in talks
March 09, 2018
The Hill: Warren turns focus to Kushner’s loans
Massachusetts Sen. Elizabeth Warren (D) joined several other Democrats on Friday demanding information from two companies on their business dealings with President Trump's son-in-law, Jared Kushner. In two letters obtained by Politico, the Massachusetts Democrat, alongside Sens. Tom Carper (D-Del.) Gary Peters (D-Mich.), and Rep. Elijah Cummings (D-Md.), called for Citigroup and Apollo Global Management to release details of loans they provided Kushner Companies after meeting with Kushner in … Continue Reading
March 07, 2018
Financial Planning: Warren, PIABA call for FINRA fund to pay arbitration awards
Investor advocates and one of their leading voices in Congress are upping pressure on FINRA to ensure that bilked investors are paid the compensation they were awarded through arbitration. Sen. Elizabeth Warren (D-Massachusetts) on Tuesday introduced the Compensation for Cheated Investors Act, which would direct FINRA to create a pool of money earmarked to pay compensation to investors who might otherwise go unpaid. The funds would be drawn from enforcement penalties collected from brokers. … Continue Reading
