Press Releases

October 22, 2019

Senator Warren Questions Secretary Mnuchin About Volatility in Overnight Lending Market

Washington, D.C. - On Friday, United States Senator Elizabeth Warren (D-Mass.), sent a letter to Treasury Secretary Steven Mnuchin, who also serves as Chair of the Financial Stability Oversight Council (FSOC), requesting information about recent turmoil in the overnight market for repurchase agreements (repo market) and the Federal Reserve Bank of New York (New York Fed)'s response to this volatility. The FSOC is responsible for identifying and responding to emerging risks to the … Continue Reading


October 21, 2019

Warren, Pocan, and Doggett Examine Role of Private Equity in Rise of Surprise Medical Billing

Washington, DC - United States Senator Elizabeth Warren (D-Mass.) and Representatives Mark Pocan (D-Wis.) and Lloyd Doggett (D-Texas) sent letters to five private equity firms -- KKR, Blackstone Group, American Securities, Enhanced Equity Funds, and Welsh, Carson, Anderson, & Stowe -- that have investments in physician staffing and emergency transport companies. The letters highlight the role these companies play in patients receiving exorbitant surprise bills for out-of-network … Continue Reading


October 18, 2019

Warren, Schumer, Murray, and Kaine Lead Senate Democrats and Demand Sec. DeVos Take Immediate Action to Fix the Education Department’s Gross Mismanagement of Temporary Expanded Public Service Loan Forgiveness Program

Washington, D.C. - United States Senator Elizabeth Warren (D-Mass.), along with Senate Democratic Leader Chuck Schumer (D-N.Y.), Health, Education, Labor, and Pensions Committee Ranking Member Patty Murray (D-Wash.), and Senator Tim Kaine (D-Va.), led Senate Democrats in a letter to Secretary of Education Betsy DeVos demanding that the Department of Education take immediate action to rectify serious flaws in their management of the Temporary Expanded Public Service Loan Forgiveness Program … Continue Reading


October 17, 2019

Senators Warren and Baldwin Call for Swift Action to Protect Transgender Migrants

Washington, DC - United States Senators Elizabeth Warren (D-Mass.) and Tammy Baldwin (D-Wis.) sent a letter to U.S. Department of Homeland Security (DHS) Acting Secretary Kevin McAleenan, U.S. Immigration and Customs Enforcement (ICE) Acting Director Matthew Albence, and U.S. Customs and Border Protection (CBP) Acting Commissioner Mark Morgan, citing reports that detail abuse and neglect of transgender migrants and asylum seekers and urging the Trump Administration to reverse policies … Continue Reading


October 17, 2019

Senator Warren and Representative DeLauro Announce Reintroduction of the Schedules That Work Act

Washington, D.C. - Today, United States Senator Elizabeth Warren (D-Mass.), member of the Senate Health, Education, Labor, and Pensions Committee, and U.S. Representative Rosa DeLauro (D-Conn.), chair of the House Appropriations Labor, Health and Human Services, and Education Subcommittee, announced plans to reintroduce the Schedules That Work Act, legislation to help ensure that low-wage employees have more certainty about their work schedules and income. "More than half of hourly workers, … Continue Reading


October 17, 2019

Senators Warren and Cassidy Request Information from FDA on Upcoming Medical Device Servicing Guidance

Washington, DC - United States Senators Elizabeth Warren (D-Mass.) and Bill Cassidy (R-La.) sent a letter to U.S. Food and Drug Administration (FDA) Acting Commissioner Norman Sharpless, M.D., requesting information about the FDA's upcoming guidance clarifying the distinction between remanufacturers and servicers. Once FDA-approved medical devices enter the market, equipment manufacturers and third-party entities often perform maintenance on them to ensure that they continue to operate safely … Continue Reading


October 17, 2019

Senators Warren, Blumenthal to Education Department: Don't Renew Navient's Contract

Washington, D.C. - United States Senator Elizabeth Warren (D-Mass.), member of the Senate Health, Education, Labor, and Pensions (HELP) Committee, and Senator Richard Blumenthal (D-Conn.) sent a letter to Education Secretary Betsy DeVos and Major General Mark Brown, Chief Operating Officer of the Office of Federal Student Aid, urging them not to renew the Office of Federal Student Aid's contract with the student loan servicer Navient Corporation when it expires later this year. The Education … Continue Reading


October 15, 2019

Senator Warren Urges Regulators and Companies to Increase Oversight, Address Health Impacts of E-Cigarette Products

Washington, DC - United States Senator Elizabeth Warren (D-Mass.) is working with her colleagues in Congress to urge federal regulators and electronic cigarette (e-cigarette) companies, like JUUL Labs, to combat the growing public health crisis of vaping-related illnesses and the epidemic of youth tobacco use. Senator Warren is also working to hold regulators and e-cigarette companies accountable. Her ongoing oversight work includes: Urging the Food and Drug Administration (FDA) … Continue Reading


October 10, 2019

Senator Warren Joins House Majority Whip Clyburn at Town Hall on Student Debt at South Carolina State University

Warren: "We are disproportionately crushing a generation of students of color. That is not how a country builds a future, and we've got to change that."Video (Facebook)Orangeburg, S.C. - Yesterday, United States Senator Elizabeth Warren (D-Mass.) joined House Majority Whip, Congressman James E. Clyburn (D-S.C.) at a town hall to discuss their legislation, the Student Loan Debt Relief Act. The town hall took place on the campus of South Carolina State University, a public, historically … Continue Reading


October 09, 2019

Warren, Markey, Lynch Urge Enbridge to Reconsider Plan to Build Compressor Station in Weymouth

Boston, MA - United States Senators Elizabeth Warren (D-MA) and Edward J. Markey (D-MA), along with Representative Stephen F. Lynch (D-MA-08), sent a letter to Al Monaco, President and Chief Executive Officer of Enbridge Inc., expressing serious concerns about the company's proposal to construct a compressor station in Weymouth, Massachusetts, as part of the Atlantic Bridge project. The lawmakers' letter follows the announcement of legislation by Senators Markey and Warren that would … Continue Reading


October 08, 2019

Senators Warren and Booker, Rep. Deutch Call for Greater Oversight of Private Prisoner Transport Companies

Boston, MA - United States Senators Elizabeth Warren (D-Mass.) and Cory Booker (D-N.J.) and U.S. Representative Ted Deutch (D-Fla.) last week sent a letter to Michael E. Horowitz, Inspector General (IG) of the U.S. Department of Justice (DOJ) requesting that the IG conduct an audit of the private prisoner transportation industry and evaluate whether DOJ is conducting sufficient oversight of for-profit prisoner transport companies to ensure that they are complying with federal law and … Continue Reading


October 08, 2019

Senator Warren Joins Senator Durbin, Representative Lee in Congressional Effort to Overturn DeVos Borrower Defense Rule

Boston, MA - United States Senator Elizabeth Warren (D-Mass.), Senate Democratic Whip Dick Durbin (D-Ill.) and U.S. Representative Susie Lee (D-Nev.) today led the introduction of a Congressional Review Act (CRA) resolution of disapproval of the Department of Education's rewritten borrower defense rule that gutted essential protections for defrauded student borrowers and taxpayers. CRA resolutions of disapproval allow Congress to overturn regulatory actions of federal agencies with a simple … Continue Reading


October 04, 2019

Sens. Warren and Markey, Rep. Keating Applaud Army Corps of Engineers Report on Cape Cod Canal Bridges

Boston, MA - United States Senators Elizabeth Warren (D-MA) and Edward J. Markey (D-MA), along with Representative William R. Keating (D-MA-09), commended the U.S. Army Corps of Engineers for its draft “Major Rehabilitation Evaluation Report” on the Sagamore and Bourne Bridges in Cape Cod. The Cape Cod Canal Bridges, which connect more than 200,000 residents on the Cape and Islands to the rest of Massachusetts, are eighty years old and are in desperate need of replacement. Senators … Continue Reading


October 04, 2019

Senator Warren Asks CEOs to Honor Their Commitments to 'Promote an Economy that Serves all Americans'

Washington, DC - United States Senator Elizabeth Warren (D-Mass.) sent letters to the CEOs of Amazon, Walmart, United Airlines, General Motors Company, JPMorgan Chase, BP, AT&T, Comcast, Cigna, and Union Pacific. These ten CEOs are among 181 CEOs who recently signed a pledge on behalf of their companies to follow Business Roundtable's (BRT) new Statement on the Purpose of a Corporation, and "commit to deliver value to all" stakeholders, including workers, "for the future success of … Continue Reading


October 04, 2019

Senator Warren and House Assistant Speaker Luján Announce Plan to Reintroduce the Accountable Capitalism Act

Washington, DC - United States Senator Elizabeth Warren (D-Mass.) and House Assistant Speaker Ben Ray Luján (D-N.M.) today announced they will reintroduce the Accountable Capitalism Act to help eliminate skewed market incentives and return to the era when the success of American corporations translated into success for American workers. The legislation aims to reverse the harmful trends over the last 30 years that have led to record corporate profits, productivity, and CEO pay, but … Continue Reading


October 01, 2019

Warren, Pocan, and Ocasio-Cortez Investigate Private Equity Firms Profiteering Off Incarcerated People and Their Families

Washington, DC - United States Senator Elizabeth Warren (D-Mass.), Representatives Mark Pocan (D-Wisc.), and Alexandria Ocasio-Cortez (D-N.Y.), wrote to five private equity firms -- BlueMountain Capital Management, H.I.G. Capital, American Securities, Apax Partners, and Platinum Equity -- that own companies providing support services to prisons, including health care, food service, and telephone services, highlighting how private equity firms deliver poor quality food and services at … Continue Reading


October 01, 2019

Senators Warren and Schatz Request an Update from the Department of Veterans Affairs on Efforts to Build Resilience to Climate Change

Washington, DC - United States Senators Elizabeth Warren (D-Mass.), member of the Senate Armed Services Committee (SASC), and Brian Schatz (D-Hawai’i), Ranking Member of the Subcommittee on Military Construction, Veterans Affairs, and Related Agencies, sent a letter to Secretary of Veterans Affairs Robert Wilkie requesting an update on the efforts of the Department of Veterans Affairs (VA), the second largest agency in the federal government that provides care to approximately 20 million … Continue Reading


September 27, 2019

Senators Warren, Markey, and Rep. Trahan Seek Answers from Columbia Gas, NiSource Following Major Gas Leak in Lawrence

Boston, MA - United States Senators Elizabeth Warren (D-Mass.), Edward J. Markey (D-Mass.), and U.S. Representative Lori Trahan (D-Mass.-03) today sent a letter to Mark Kempic, President and Chief Operating Officer of Columbia Gas of Massachusetts and Joseph Hamrock, President and Chief Executive Officer of Columbia Gas's parent company NiSource, requesting information about a new major gas leak in Lawrence that forced over 300 people to evacuate their homes in the middle of the night and cut … Continue Reading


September 27, 2019

Senator Warren to SEC: Do Your Job, Crack Down on Dangerous Inflated Bond Ratings

Washington, DC - United States Senator Elizabeth Warren (D-Mass.) yesterday wrote to Securities and Exchange Commission (SEC) Chairman Jay Clayton regarding troubling reports of inflated bond ratings and the perverse incentives within the bond rating industry. She urged the SEC to take immediate action to protect the economy from risky lending propped up by conflicts of interest between bond issuers and rating agencies. Bond ratings firms like Standard & Poor's (S&P) and Moody's issue … Continue Reading


September 27, 2019

Updated: Senator Warren’s Statement on the Gas Leak in Lawrence, Massachusetts

 Boston, MA - United States Senator Elizabeth Warren (D-Mass.) released the following statement in response to the gas leak reported earlier today in Lawrence, Massachusetts.“Today, a major gas leak was reported in Lawrence, and 300 residents are being evacuated. We are deeply grateful to Lawrence’s first responders and Mayor Rivera for their quick action to keep residents safe. Just three days ago, the NTSB released a damning report that drew a direct link between weak engineering management … Continue Reading

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