“A business model that can only work by overcharging customers and underpaying workers while executives and shareholders reap the benefits is unsustainable. When additional hidden fees nearly triple the price of an order, that is price gouging – plain and...
We are alarmed by Novo Nordisk’s decision to discontinue Levemir before allowing the price reduction to go into effect and are concerned that Novo Nordisk failed to take into consideration patient access to affordable, long-acting insulin substitutes prior to the...
Warren: “Stablecoin legislation, which will grow the crypto market and opportunities for terrorist fundraising, must include the full suite of AML tools that Treasury requested in its November 2023 letter to Congress as necessary to effectively combat that threat.” Text...
Existing Loopholes Allow Foreign Government to Target and Exploit Service Members, Jeopardizing National Security “We need to strengthen our rules so that active duty personnel aren’t selling their services to foreign governments while still in uniform.” Hearing Exchange (YouTube) Washington,...
Witness Confirms “Virtuous Cycle” of Higher Staffing, Improved Quality of Care; Criticizes Industry Attacks on Rule “The federal government plays a critical role in ensuring high-quality care at long-term care facilities – and that starts with the workforce. It starts...
IRS Commissioner Werfel: “taxpayers told us — in almost unanimity — that [Direct File] was easy to use, fast, secure, and, of course, free.” Video of Exchange (YouTube) Washington, D.C. —The day after the tax filing deadline, at a hearing...
“MPT and MIP have played a key role in this steep financial decline and must play a role in the recovery of these hospitals in order to preserve and protect access to care for communities in Massachusetts.” Text of Letter...
“The current threats to NYCB’s viability represent the culmination of a pattern of oversight failures by OCC… the OCC allowed NYCB to engage in two risky mergers in a six month period, then neglected to address NYCB’s risks until the...
Commodity Futures Trading Commission Chair Rostin Behnam Testified to Multiple Meetings and Text Conversations with Bankman-Fried Before FTX Collapse Text of Letter (PDF) Washington, D.C. – United States Senators Elizabeth Warren (D-Mass.), a member of the Senate Banking, Housing, and...
“The CFPB proposed this rule to rein in exploitative late fee practices and properly enforce the law. The Chamber’s decision to sue the CFPB represents exactly the type of ‘frivolous litigation’ that your organization claims to oppose.” “This meritless lawsuit...
The IRS Direct File pilot is open through April 15 in 11 of the 12 pilot states, with Massachusetts giving taxpayers through April 17 to file their taxes. IRS Direct File Pilot (Website) Washington, D.C. – As the 2024 Tax...
New investigation reveals Intuit efforts “to trick and trap TurboTax users into paying junk fees to file even very simple tax returns.” For years, Senator Warren has led the fight for an easy and free option for Americans to file...