“We don’t let any other part of government behave like this and for good reason. The budget process is about making tough choices and setting clear priorities, and refusal to demonstrate leadership here I think is a real mistake.” Hearing...
Text of Letters (PDF) Washington, D.C. – U.S. Senators Elizabeth Warren (D-Mass.) and Jeff Merkley (D-Ore.) sent letters to the top seven Medicare Advantage (MA) insurers – Humana, Centene, UnitedHealthcare, CVS/Aetna, Molina, Elevance Health, and Cigna – regarding their questionable...
Text of Bill (PDF) Washington, D.C. – Today U.S. Senators Elizabeth Warren (D-Mass.) and Rick Scott (R-Fla.) introduced bipartisan legislation to require a presidentially-appointed and Senate-confirmed Inspector General to the Board of Governors of the Federal Reserve System and the...
Medicare Advantage Plans Abuse Existing Payment Rules to Squeeze Billions Extra from Medicare; New Payment Rule Ensures Payments More Accurately Reflect Cost of Care HHS Secretary Becerra: “The numbers show that it costs more to provide care to seniors in…...
“Given the potential risk that vertical integration could lead to higher health care prices and lower quality of care, the Federal Trade Commission (FTC) should carefully scrutinize this deal, and others like it, and oppose any health care acquisition that...
“In order to restore sufficient safety practices to the banking system and restore consumers’ confidence in the soundness of their banks, the Fed must immediately exercise its authority to apply enhanced prudential standards and supervision to banks with $100-$250 billion...
“(W)e continue to be disappointed by your unwillingness to use PCAOB’s existing authority to rein in these abusive practices by registered auditors… PCAOB has the authority to act… to protect the integrity of the auditing system” Senators Asked PCAOB to...
More than Half of America’s 100 Richest People Exploit Trusts to Pass on Billions Tax-Free “The ultra-wealthy at the top of the socioeconomic ladder live by different rules than the rest of America, especially when it comes to our tax...
“I am particularly concerned that you avoid any interference by Fed Chair Jerome Powell, who bears direct responsibility for – and has a long record of failure involving – regulatory and supervisory matters involving these two banks,” Warren wrote. Text...
“Now that Sodexo will reportedly be joining Unite Here at the bargaining table tomorrow, we urge Sodexo to negotiate in good faith with its workers and to reach a contract that guarantees them a livable wage.” “The NY Fed has...
“I’m glad that President Biden’s budget… (has) a significant $350 million down payment, toward a $600 million commitment to replace the Cape Cod Bridges and protect both the local economy out on the Cape and public safety. Our bridges should...
Video of Hearing Exchange (YouTube) Washington D.C. – In case you missed it, at a hearing of the Senate Armed Services Committee, U.S. Senator Elizabeth Warren (D-Mass.) questioned Nickolas H. Guertin, nominee to be Assistant Secretary of the Navy for...