Press Releases

“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...

“[W]e should reward high-quality care rather than high-volume care. But to do this requires significant upfront investments that existing payment rates for primary care just don’t cover. I think this has created the perfect environment for corporate investors to swoop...

Special Operations Commander Expresses Support for Home Base Treatment Programs Warren Announces New Bipartisan Bill to Require DoD to Take Concrete Steps to Mitigate Service Member Exposure to Blast Overpressure Hearing Exchange (YouTube) Washington, D.C. – At a hearing of...

MOHELA, the exclusive servicer for the PSLF program, failed to deliver timely billing statements to 2.5 million borrowers, sent incorrect billing statements to 280,0000 borrowers, and implemented a “call deflection” scheme after making those errors — harming borrowers who sought...

Blast Overpressure Safety Act Would Require Defense Department to Enact Better Blast Overpressure Screening, Tracking, Prevention, and Treatment Bill Text (PDF) | One-Pager (PDF) Washington, D.C. – U.S. Senators Elizabeth Warren (D-Mass.), Chair of the Senate Armed Services Personnel Subcommittee,...

“Despite receiving numerous warnings and federal funding throughout the payment pause to get ready, every single student loan servicer failed to adequately prepare for the transition [back to repayment].” Opening Remarks (YouTube) Washington, D.C. — Today, U.S. Senator Elizabeth Warren...

Report – Servicing Scandals: Student Loan Servicers’ Failures During Return to Repayment Washington, D.C. — Today, U.S. Senators Elizabeth Warren (D-Mass.), Richard Blumenthal (D-Conn.), Edward J. Markey (D-Mass.), and Chris Van Hollen (D-Md.) released a new report: Servicing Scandals: Student...

“(P)romises were not kept; indeed, it now appears that your efforts to date have been a near-total failure and that the FAFSA problems caused by this failure are harming millions of students and hundreds of colleges.” Company received $121.8 million...

Boston, MA – U.S. Senators Elizabeth Warren (D-Mass.), Edward J. Markey (D-Mass.), and members of the Massachusetts delegation celebrate the announcement that General Edward Lawrence Logan International Airport in Boston will receive $22.1 million in federal funding for infrastructure improvements....

“[I]n the traditional banking world, if a bank transacts somebody laundering money, then they are breaking the law. But validators in the crypto world don’t have that same set of rules.” “If we are going to create new on ramps,...