Op-eds

February 01, 2014

Patriot Ledger Op-Ed: Flood insurance shouldn't soak homeowners

by Senator Elizabeth Warren

Families purchase flood insurance so they don't lose their homes in a bad storm. But now, because of changes to FEMA's flood maps and unexpected insurance rate hikes, many families fear that the price of flood insurance could be just as devastating as any storm. Congress changed the national flood program to move toward a more market-based system that more accurately reflects the true costs and risks of flood damage. This was a well-intentioned law, but unfortunately homeowners were … Continue Reading


December 16, 2013

Salem News Op-Ed: Social Security is under attack

by Senator Elizabeth Warren

A generation ago, middle-class families were able to put away enough money during their working years to make it through their later years with dignity. On average, they saved about 11 percent of their take-home pay while working. Many paid off their homes, got rid of all their debts and retired with strong pensions from their employers. And where pensions, savings and investments fell short, they could rely on Social Security to make up the difference. That was the story a generation ago, … Continue Reading


December 14, 2013

Lowell Sun Op-Ed: Protect, expand Social Security

by Senator Elizabeth Warren

For a generation now, working families have been squeezed by stagnant wages and rising costs for housing, health care, and college. Even as families have cut back on expenses for things like food, clothing, furniture, and appliances, it hasn't always been enough; many have been forced to take on more and more debt just to pay for necessities. One major consequence of these increasing pressures on working people is that the dream of a secure retirement is slowly slipping away. Families haven't … Continue Reading


November 02, 2013

Patriot Ledger Op-Ed: Sending money transfers abroad just got easier

by Senator Elizabeth Warren

For anyone in the Commonwealth with family and friends in other countries, sending money abroad often is done by money transfers. According to Boston's Independent Newspaper Group, Massachusetts families sent more than $2 billion using international remittances in 2012. Many of these transfers are sent to friends and relatives who rely on this financial help to make ends meet and support their loved ones. Although money transfers are used by millions of people across the country, until this … Continue Reading


October 12, 2013

Daily Hampshire Gazette Op-Ed: Reasonable compromise thwarted by GOP shutdown of government

by Senator Elizabeth Warren

WASHINGTON, D.C. - In western Massachusetts and across the Commonwealth, families are feeling the effects of the unnecessary and avoidable government shutdown. The shutdown has sent thousands of federal employees in Massachusetts home without paychecks and has disrupted access to critical services, piling onto the damage already caused by the idiotic sequester. When I visited Barnes Air National Guard Base in Westfield in August, I heard about how federal across-the-board spending cuts are … Continue Reading


October 11, 2013

Cape Cod Times Op-Ed: Shutdown is Bad for Massachusetts

by Senator Elizabeth Warren

The federal government has been shut down for more than a week now, and we've been seeing the consequences here in Massachusetts. This shutdown is an unnecessary, self-inflicted wound that's hurting families, and it comes while we are still dealing with the effects of the senseless sequester - drastic, across-the-board spending cuts that have crippled Meals On Wheels, Head Start and investments in medical research. The government shutdown is throwing a major wrench into a fragile economic … Continue Reading


September 18, 2013

Boston Globe Op-Ed: Scaling back ‘too big’

by Senator Elizabeth Warren

FIVE YEARS have passed since the financial crisis, but we all remember its darkest days. Credit dried up. The stock market cratered. There were legitimate fears that the dominos of our financial system would never stop falling. The crash happened quickly and dramatically, and it caught our nation and apparently even our regulators by surprise. But the causes of the crisis were years in the making, and the warning signs were everywhere. On many of these fronts, we've made real progress. The … Continue Reading


September 08, 2013

Springfield Republican Op-Ed: Sequester drags American economy down

by Senator Elizabeth Warren

Earlier this year, automatic, across-the board spending cuts went into effect across the country. As our economy slowly recovers from high unemployment and the worst financial crisis since the Great Depression, middle class families are struggling to keep their heads above water. For these families, the effect of these cuts is like being asked to swim with rocks tied around their ankles. People are working as hard as they can, but they just keep getting dragged down. These cuts, known as … Continue Reading


September 01, 2013

MetroWest Daily News Op-Ed: Stop the heartless, senseless sequester

by Senator Elizabeth Warren

Across-the-board federal spending cuts are dragging down our economy in MetroWest and across Massachusetts. The sequester threatens countless vital investments in our future - from critical medical research to Head Start for our kids. We've worked hard to recover from the Great Recession, but the sequester is making it harder than it should be for families to get back on their feet. Here in Framingham, we are seeing firsthand how damaging and senseless the sequester is to Massachusetts. The … Continue Reading


August 30, 2013

Taunton Daily Gazette Op-Ed: General Dynamic’s WIN-T program a good example of a good investment

by Senator Elizabeth Warren

Massachusetts helps keep our country safe. The incredible national defense work happening every day strengthens our national security - and we need to support that work. Since taking office, I've made it a priority to visit our state's military bases to hear about how these critical efforts impact our service members and our national defense. The work that goes on at bases and by defense contractors throughout the Commonwealth is a great example of how investments in research and development … Continue Reading


August 11, 2013

Four Questions for Fed Chair Candidates

by Senators Elizabeth Warren and Bernie Sanders

The decisions made by the next chair of the Federal Reserve will have a powerful impact on the economic well-being of every person in America. While the largest financial institutions and corporations in this country have been bailed out and are now back to making enormous profits and rewarding their executives with outsized compensation packages, recovery hasn't gone so well for the rest of America. Middle class families have continued to lose ground economically, the number of Americans … Continue Reading


August 05, 2013

Standard-Times Op-Ed: Tide begins turning fishermen's way

by Senator Elizabeth Warren

For the past two years, I have made many visits to Massachusetts fishing communities in New Bedford, Gloucester and the South Shore to hear about the challenges facing the industry. I've listened to boat owners and fishermen who face devastating catch allocation cuts, and I've spoken with net makers and icemen whose businesses depend on a strong fishing fleet to make ends meet. The message I've heard has been clear: The federal government needs to act quickly to provide disaster assistance for … Continue Reading


July 10, 2013

Politico Op-Ed: Profits on student loans ruin long-term prospects

by Senator Elizabeth Warren

On July 1, the rate on subsidized student loans doubled to 6.8 percent, but there is still time to undo this added financial burden on America's working families. Today, the U.S. Senate will vote on the Keep Student Loans Affordable Act of 2013, a plan we co-sponsored with Sen. Kay Hagan (D-N.C.) that offers a two-pronged approach to protecting students and reforming the system. First, we must deal with the immediate problem by implementing a one-year patch to keep student loan rates at … Continue Reading


June 10, 2013

It’s time to adopt Paycheck Fairness Act

by Senator Elizabeth Warren

Published by the Springfield Republican/MassLive.com Last weekend, I was looking for a picture I wanted to show my daughter, and pulled out a box of old photographs from a shelf in the basement. The pictures of my mother and my aunts were wonderful-old hairstyles, dresses with big petticoats and hats-and-gloves for going out. As we sifted through the pictures, I thought about how life had changed for women over the last fifty years. Women doctors and scientists, women union leaders and small … Continue Reading


June 05, 2013

FHFA’s Senseless Arm’s-Length Policy on Short Sales

Published in the Dorchester Reporter As our nation struggles to emerge from the worst recession in decades, the last thing a government agency should do is make it more difficult for Americans to stay in their homes. Unfortunately, that is exactly what the Federal Housing Finance Authority (FHFA) has been doing. Since the 2008 financial crisis, millions of homeowners have fallen behind on their mortgages. Many lost their jobs in the crash, while others lived through medical problems and family … Continue Reading


May 21, 2013

Sen. Warren and Rep. Tierney: Banking on our students

Published on BostonGlobe.com In June, high school seniors across Massachusetts will pull on their graduation robes and take pictures with proud parents, celebrating the end of high school and looking forward to a new beginning in college. But on July 1, they will get an unpleasant graduation gift from the federal government: the interest rate on new subsidized student loans will double from 3.4 to 6.8 percent. These students and their families have worked hard, saved what they could, and … Continue Reading


January 24, 2013

Avoiding Wall St. shuffle's perils

Published on Politico.com It's that time again when jobs open up across Washington and the big shuffle starts: People on Wall Street angle for key economic policymaking jobs, and people in key economic policymaking jobs angle for jobs on Wall Street. This isn't necessarily a bad thing. People with Washington experience bring expertise to Wall Street - often a sense of public service - and people with Wall Street experience bring expertise to government. When I worked to set up the … Continue Reading


January 04, 2013

The first week in January

Published on HuffingtonPost.com I'm honored to serve the people of Massachusetts in the United States Senate, and I'm grateful for everything you've done to help send me to Washington. When I'm sworn in just a couple of months from now, I want to fight for jobs for people who want to work. I want millionaires and billionaires and Big Oil companies to pay their fair share. And I want to hold Wall Street accountable. But here's the honest truth: we'll never do any of that if we can't get … Continue Reading

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