News Coverage

December 12, 2017

Springfield Republican: Treasury Department backs GOP tax plan in 1-page analysis, Elizabeth Warren calls report 'bogus'

A U.S. Department of Treasury analysis of Senate Republicans' tax overhaul bill released this week suggested that the $1.5 trillion legislation could pay for itself if the economy grows at as faster pace than has been projected -- findings that drew pushback from at least one Massachusetts Democrat. ... U.S. Sen. Elizabeth Warren, D-Massachusetts, called the report "pathetic" and argued that it shows Mnuchin "has no basis for claiming that the tax plan 'will pay for itself with growth.'" "In … Continue Reading

December 11, 2017

The Hill: Warren shreds Treasury analysis of GOP tax plan: They 'made up the numbers'

Sen. Elizabeth Warren (D-Mass.) targeted the Treasury Department's analysis of the GOP tax plan in a series of tweets Monday, saying officials "made up the numbers" to fit their claims. Warren bashed the one-page analysis released earlier Monday, in which the department said that economic policies passed under President Trump would raise enough revenue to cover the tax cuts in the GOP bill, which directly contradicts several independent analyses, including one from the Joint Committee on … Continue Reading

December 08, 2017

International Business Times: Elizabeth Warren And Sherrod Brown Slam Mulvaney For Conflicts Of Interest

Democratic Sens. Elizabeth Warren (MA) and Sherrod Brown (OH) on Friday slammed President Donald Trump's top financial regulator Mick Mulvaney after evidence surfaced that as a Congressman he raked in campaign contributions from payday lenders just days before he pressured government officials to back off predatory lending regulations. ... "Mr. Mulvaney spent his years in Congress trying to gut consumer protections and undermine the CFPB - and he racked up big donations from payday lenders and … Continue Reading

December 08, 2017

Associated Press: Sen. Warren critical of Trump decision on Jerusalem

BOSTON - U.S. Sen. Elizabeth Warren says she worries that President Donald Trump's decision to recognize Jerusalem as Israel's capital will make it harder to achieve peace in the Middle East. The Massachusetts Democrat spoke to several thousand attendees Friday at The Union For Reform Judaism convention in Boston. Warren says she believes a two-state solution is the best hope for peace. She says Jerusalem is the capital of Israel, and diplomacy between Israelis and Palestinians should … Continue Reading

December 06, 2017

Springfield Republican: Elizabeth Warren talks economic concentration, says she's 'deeply worried' about antitrust enforcement under President Donald Trump

Raising concerns about how Trump administration and Republican-backed policies may be impacting America's economy, U.S. Sen. Elizabeth Warren, D-Massachusetts, spoke out Wednesday against recent corporate mergers and called for ensuring markets remain open and competitive. Warren, during a keynote address at the Open Markets Institute in Washington D.C., urged federal officials to block mergers "that choke off competition," enforce laws against anti-competitive activity and "to get everyone in … Continue Reading

December 05, 2017

Politico: Banking Committee approves Powell as Fed chair, with only Warren opposed

The Senate Banking Committee voted 22-1 on Tuesday to approve the nomination of Jerome Powell as chairman of the Federal Reserve Board. Only Sen. Elizabeth Warren (D-Mass.) voted no, pointing to Powell's inclination to ease financial rules rather than make them stronger. ... "Our financial rules need to be stronger, not weaker," Warren said Tuesday. Read more on the Politico website … Continue Reading

December 04, 2017

The Hill: Warren questions Conway's role in curbing opioid epidemic

Sen. Elizabeth Warren (D-Mass.) is asking for clarification on White House counselor Kellyanne Conway's role in combating the opioid epidemic. In a letter sent Monday to John Kelly, President Trump's chief of staff, Warren noted, in response to confusion on Conway's role last week, that "according to a report by CBS news, the White House later stated that her role was 'not expanding and opioids has always been part of her policy portfolio,' after multiple news outlets reported that she would … Continue Reading

December 02, 2017

Springfield Republican: Elizabeth Warren, Ed Markey slam Senate Republicans for passing tax bill 'in the dead of night'

Massachusetts Democrats condemned Senate Republicans Saturday for approving a nearly $1.5 trillion tax overhaul bill "in the dead of night" -- a vote which they argued came before lawmakers had enough time to read through the newly revised bill. U.S. Sens. Elizabeth Warren and Ed Markey, D-Massachusetts, as well as members of the state's U.S. House delegation, raised concerns about the process through which the legislation cleared the upper chamber, as well as the potential impacts it could … Continue Reading

December 01, 2017

Associated Press: Elizabeth Warren blasts handwritten changes to Republican tax bill

WASHINGTON (AP) - As the Senate neared a momentous vote on the sweeping Republican tax bill, Senate Democrats mocked the nearly 500-page printed text of the legislation - complaining it was given to them at the last minute before the vote. And it had illegible, hand-written notes in the margins, they protested. Sen. Elizabeth Warren of Massachusetts tweeted, "No, I haven't had time to read the 500-page #GOPTaxScam bill that we're voting on tonight," with a photo of her reading aloud from pages … Continue Reading

December 01, 2017

Bloomberg: Warren Calls Mulvaney’s CFPB Stint a ‘Vanity Project’

Mick Mulvaney is indulging in "an ideologically-driven vanity project" at the Consumer Financial Protection Bureau that can only mean he's shirking his duties as President Donald Trump's top budget official, Senator Elizabeth Warren said in a letter on Friday. The Massachusetts Democrat said Mulvaney should instead be focusing his attention on preparing for a looming government shutdown next week instead of trying to do double duty at CFPB and the Office of Management and Budget. Trump and … Continue Reading

November 30, 2017

New York Times: Ahead of Vote, Promised Treasury Analysis of Tax Bill Proves Elusive

WASHINGTON - In pitching the $1.5 trillion tax overhaul, Steven Mnuchin, the Treasury secretary, has said repeatedly that the plan will pay for itself through a surge of economic growth and that over 100 people in Treasury are "working around the clock on running scenarios for us." Mr. Mnuchin has promised that Treasury will release its analysis in full. Yet, as the full Senate prepares to vote on a sweeping tax rewrite, the administration has yet to produce the type of economic analysis that … Continue Reading

November 30, 2017

Mother Jones: Elizabeth Warren Just Sent a Scathing Letter to Treasury Secretary Steve Mnuchin About His Tax Bill Charade

Treasury Secretary Steve Mnuchin has been promising for months that his department is working hard on an analysis of a $1.5 trillion tax reform bill currently under consideration by the Senate, noting time and time again that the bill practically pays for itself. He also promised to release the analysis in full. But on Thursday, just a day before the Senate is expected to vote on the legislation, Sen. Elizabeth Warren (D-Mass.) is wondering: So, where is that assessment? Earlier in the day, … Continue Reading

November 30, 2017

Springfield Republican: US Sens. Ed Markey, Elizabeth Warren look to block GOP tax plan's Arctic drilling language

U.S. Sens. Ed Markey and Elizabeth Warren, D-Massachusetts, pushed back Thursday against language added to the Senate Republican tax plan that could open up Alaska's Arctic Refuge to oil drilling. Markey accused Senate Republicans of trying to "ram through" the controversial provision as a rider to the GOP tax bill, noting that several lawmakers oppose drilling in the Arctic National Wildlife Refuge. Warren, who joined her Massachusetts Senate colleague in opposing the provision, urged … Continue Reading

November 29, 2017

Forbes: Elizabeth Warren Wants Marijuana Answers From Trump Health Nominee

The Trump administration should carefully consider how legalizing marijuana can help reduce opioid addiction and overdose deaths, Sen. Elizabeth Warren says. "Medical marijuana has the potential to mitigate the effects of the opioid crisis," she wrote in a letter to Alex Azar, President Trump's nominee to lead the U.S. Department of Health and Human Services (HHS). Warren cited a recent American Journal of Public Health study that found legalization of cannabis in Colorado was associated with … Continue Reading

November 28, 2017

Yahoo Finance: Elizabeth Warren: Jerome Powell has the same attitude as the Fed going into the 2008 crash

On Tuesday, following the remarks of Trump's Federal Reserve Chair nominee Jerome Powell, Sen. Elizabeth Warren (D-MA) told Yahoo Finance that Powell's testimony reminded her of the run up to the financial crisis. "Jerome Powell talked about how he wanted to roll back regulations," Warren told Yahoo Finance on the Final Round. But, Warren said, when he was asked whether there was a single area where the Fed could stand to exert tighter restrictions, he said no. "It was exactly that attitude at … Continue Reading

November 28, 2017

Springfield Republican: Elizabeth Warren rallies against Budget Director Mick Mulvaney's CFPB appointment, questions move's ethics

U.S. Sen. Elizabeth Warren, D-Massachusetts, spoke out Tuesday against Office of Management and Budget Director Mick Mulvaney's recent appointment to head the Consumer Financial Protection Bureau -- a position which she argued he does not legally hold. Warren, who helped start the CFPB, continued to push back against and raise concerns about President Donald Trump's decision to appoint Mulvaney the new head of the financial watchdog agency despite outgoing Director Richard Cordray naming … Continue Reading

November 28, 2017

Boston Globe: Elizabeth Warren joins protesters outside consumer agency

WASHINGTON - Seven years after Elizabeth Warren fought a political battle to create the Consumer Financial Protection Bureau, the Massachusetts senator was on the sidewalk outside the agency Tuesday fighting for its future. Warren headlined a demonstration of about 40 people protesting President Trump's pick of budget director Mick Mulvaney, an avowed opponent of the CFPB, as its new leader. ... At Monday's demonstration, Warren told reporters that the overlap of this leadership fight with the … Continue Reading

November 27, 2017

Washington Post: Trump wants to destroy Elizabeth Warren’s brainchild. In a new interview, Warren hits back.

President Trump's perpetual scamming of his working- and middle-class voters takes a new turn Monday, amid a war that has erupted over the fate of the Consumer Financial Protection Bureau. The battle is over who will run the agency, now that director Richard Cordray has resigned: Cordray's choice of his deputy, who wants to carry out the bureau's mission of protecting consumers from financial fraud, or Trump's handpicked choice, who thinks the agency should disappear. ... In her first … Continue Reading

November 20, 2017

Reuters: U.S. senators seek details on 'dubious' oversight shift by Japanese bank

A decision by Mitsubishi UFJ Financial Group Inc (MUFG) to shift its U.S. banks from state regulators to a federal bank regulator is garnering scrutiny from a pair of U.S. Democratic senators. Senators Elizabeth Warren and Chris Van Hollen sent a letter to the Office of the Comptroller of the Currency on Monday, pressing for details on the regulator's decision to allow the bank to come under its purview, after it had sparred with New York's banking regulator. ... The pair said they were … Continue Reading

November 17, 2017

Springfield Republican: Bill inspired by Boston Marathon bombing survivors would give terror victims access to military treatment

A provision allowing civilian terror victims to access treatment in military facilities is close to becoming law, thanks to two survivors of the Boston Marathon bombing. U.S. Sen. Elizabeth Warren, D-Massachusetts, introduced the Jessica Kensky and Patrick Downes Act after working with Kensky and Downes, who both lost legs in the marathon bombing. Warren said they spoke about the importance of being able to get treatment at Walter Reed National Military Medical Center. "Walter Reed is the … Continue Reading

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