Press Releases

August 16, 2017

Warren Highlights New Evidence of Wells Fargo Misconduct, Renews Call for Federal Reserve to Remove Bank Board Members

Washington, DC - Senator Elizabeth Warren (D-Mass.) today wrote a letter renewing her call for the Federal Reserve (Fed) to remove Wells Fargo Board of Directors members who served between May 2011 and July 2015. The senator's request comes amid new evidence that the bank failed to refund money owed to car loan customers, that it overcharged small businesses for credit card transactions, and that it billed certain mortgage customers for unexpected optional services. "Between 2011 and 2015, … Continue Reading

August 16, 2017

Warren Asks DeVos for Information to Determine if Senior Counselor Eitel Broke the Law

Washington D.C. - United States Senator Elizabeth Warren (D-Mass.) wrote to Secretary of Education Betsy DeVos seeking information to determine whether or not Robert Eitel, a Senior Counselor to the Secretary of Education, may have violated federal conflict-of-interest law by working on the Education Department's Borrower Defense to Repayment rule while simultaneously employed by the Department and by Bridgepoint Education, Inc. From February to April 2017, Eitel served both as the Vice … Continue Reading

August 10, 2017

Senator Warren Questions Financial CEOs About Their Positions on CFPB Forced Arbitration Rule, Requests Data on Firms' Use of Arbitration

Washington, DC - U.S. Senator Elizabeth Warren (D-Mass.) today sent letters to the CEOs of 16 large financial institutions asking whether they supported or opposed the Consumer Financial Protection Bureau's (CFPB) forced arbitration rule. The letters also request data on the firms' use of arbitration clauses in consumer agreements and the outcomes of arbitration proceedings. Senator Warren noted in her letters to the firms that "A number of lobbying groups representing big banks and financial … Continue Reading

August 04, 2017

Warren, Cotton Resolution to Designate Official "Honoring the Nation's First Responders Day" Passes Senate

Washington, D.C. - Senators Elizabeth Warren (D-Mass.) and Tom Cotton (R-Ark.) today applauded the Senate's passage of their bipartisan resolution to designate October 28th, 2017 as Honoring the Nation's First Responders Day. "Each and every day, our first responders put their own lives on the line so they can help others. This resolution reflects our gratitude for their service, and offers them the recognition they deserve for keeping our families and communities safe," said Senator Warren. … Continue Reading

August 04, 2017

Senator Warren's Statement on the Nomination of Peter Oppenheim

Washington, DC - Senator Warren released a statement today on the nomination of Peter Oppenheim to serve as Assistant Secretary for Legislation and Congressional Affairs at the Department of Education (ED). "I supported Mr. Oppenheim's nomination because he committed to do everything within his power to obtain substantive, complete, thorough, and timely responses to my oversight letters-and the oversight of all Members of Congress," Senator Warren said. "I'm going to hold Mr. Oppenheim … Continue Reading

August 03, 2017

Bipartisan Over-the-Counter Hearing Aid Legislation To Become Law

Washington, D.C. - U.S. Senators Elizabeth Warren (D-Mass.), Chuck Grassley (R-Iowa), Maggie Hassan (D-N.H.), Johnny Isakson (R-Ga.), Susan Collins (R-Maine) and Claire McCaskill (D-Mo.), and Representatives Joe Kennedy III (D-Mass.) and Marsha Blackburn (R-Tenn.) today applauded final passage of the Over-the-Counter (OTC) Hearing Aid Act as part of the Food and Drug Administration (FDA) Reauthorization Act. The legislation passed the House Energy and Commerce Committee by a unanimous, … Continue Reading

August 03, 2017

Senator Warren Applauds Passage of Bipartisan Legislation to Expand GI Bill

Washington, DC - United States Senator Elizabeth Warren (D-Mass.) today applauded legislation passed by Congress to expand the GI Bill. Senator Warren was an original cosponsor of the Harry W. Colmery Veterans Education Assistance Act of 2017 and worked to ensure it included legislation she had previously introduced, including a provision to help restore benefits to Massachusetts veterans who were cheated by for-profit colleges. The legislation also includes several bipartisan provisions … Continue Reading

August 01, 2017

Warren, Blunt Lead Effort to Benefit Student Borrowers and Taxpayers

Washington, DC -U.S. Senators Roy Blunt (R-Mo.), Elizabeth Warren (D-Mass.), James Lankford (R-Okla.), and Jeanne Shaheen (D-N.H.) yesterday introduced the bipartisan Student Loan Servicer Performance Accountability Act. The legislation would benefit student loan borrowers and taxpayers by protecting and strengthening performance-based accountability of federal student loan servicers through greater competition and stronger oversight. "Maintaining choice and competition amongst student loan … Continue Reading

August 01, 2017

All Senate Banking Committee Democrats Ask Chairman Crapo for September Hearing with Wells Fargo CEO and Board Chair

Washington, DC - All of the Democratic members of the Senate Committee on Banking, Housing and Urban Affairs today asked Banking Committee Chairman Mike Crapo (R-Idaho) for a September hearing with Wells Fargo CEO Timothy Sloan and Board of Directors Chair Stephen Sanger, to receive testimony about new developments in the bank's fake-accounts scandal and related matters. In a letter to Chairman Crapo, the Democrats noted a series of significant developments related to the bank's misconduct … Continue Reading

August 01, 2017

Senator Warren Statement on DeVos' Reversal of Single Loan Servicer Plan

Washington, DC - United States Senator Elizabeth Warren (D-Mass.) released a statement today following Secretary Betsy DeVos' reversal of the Education Department's plan to award all federal student loans to a single student loan servicer. The Education Department's announcement followed yesterday's introduction of the bipartisan Student Loan Servicer Performance Accountability Act, which would have forced the Department to cancel their single servicer plan. "Secretary DeVos' plan to hand a … Continue Reading

July 28, 2017

Following New Reports of Wells Fargo Misconduct, Warren Renews Call for Fed Chair Yellen to Remove Bank's Board

Washington, DC - Senator Elizabeth Warren (D-Mass.) today renewed her call for the Federal Reserve to use its authority to remove the Wells Fargo board members who served during the bank's fake accounts scandal from 2011-2015. The senator wrote to Federal Reserve Chair Janet Yellen following Thursday's New York Times report that more than 800,000 Wells Fargo customers were charged for auto insurance they did not need between January 2012 to July 2016. "There are surely deep risk management … Continue Reading

July 27, 2017

After Multiple Non-Responses from DeVos, Sen. Warren Asks ED Nominee for Commitment to Reply to Oversight Requests

Washington, DC - U.S. Senator Elizabeth Warren (D-Mass.) today sent a letter to Peter Oppenheim, President Trump's nominee for Assistant Secretary for Legislation and Congressional Affairs at the Department of Education (ED), raising questions about ED's unwillingness to maintain a healthy, working relationship with Congress, and asking Mr. Oppenheim to commit to providing complete and substantive responses to Congressional oversight letters and questions. "The Trump Administration's … Continue Reading

July 27, 2017

Warren, Whitehouse Ask Mnuchin Whether Carl Icahn Had Any Contacts with FSOC Members

Washington, DC - U.S. Senators Elizabeth Warren (D-Mass.) and Sheldon Whitehouse (D-R.I.) today wrote to Treasury Secretary Steven Mnuchin in his role as Chair of the Financial Stability Oversight Council (FSOC), requesting information on whether Carl Icahn communicated with any FSOC members as the council considers whether to reverse the designation of American Insurance Group (AIG) as a systemically important financial institution (SIFI). Mr. Icahn, who currently serves as a special adviser … Continue Reading

July 25, 2017

Senator Warren: GOP Vote to Open Debate on Health Care Repeal is Irresponsible, Reckless, Cruel and Immoral

Washington, DC - U.S. Senator Elizabeth Warren released the following statement after Senate Republicans voted to proceed with debate on health care legislation: "Senate Republicans have just voted to open debate on destroying our health care system. They have no idea what bill they're going to be asked to vote on. They don't know exactly how many families it will kick to the curb. "Make no mistake: this isn't just irresponsible. This isn't just reckless. This isn't just cruel. It's immoral. … Continue Reading

July 25, 2017

Sens. Warren, Markey, and Reps. McGovern, Capuano, and Keating Announce $2.2 million in Grants to Massachusetts Fire Departments

Washington, DC - United States Senators Elizabeth Warren and Edward J. Markey along with Representatives Jim McGovern, Mike Capuano, and Bill Keating announced today that the Federal Emergency Management Agency (FEMA) has awarded five fire departments in Massachusetts nearly $2.2 million in federal grants. Three fire departments received Assistance to Firefighters Grants, totaling nearly $1 million, to help provide the critical resources required to train and equip emergency personnel in order … Continue Reading

July 25, 2017

Members of Congress Ask White House Counsel for Information on Potential Ethics Violation by Top White House Ethics Official Stefan Passantino

Washington, DC - United States Senators Elizabeth Warren (D-Mass.), Sheldon Whitehouse (D-R.I.), Tom Carper (D-Del.) and Patrick Leahy (D-Vt.), and Ranking Member of the House Committee on Oversight and Government Reform Elijah E. Cummings (D-Md.), today sent a letter to White House Counsel Don McGahn, requesting information on his efforts to determine whether top White House ethics official Stefan Passantino violated ethics rules in his work on matters related to President Trump's advisor … Continue Reading

July 21, 2017

Senator Warren Commends OSHA Decision in Wells Fargo Whistleblower Case

Washington, D.C. - U.S. Senator Elizabeth Warren commended today's decision of the Occupational Safety and Health Administration (OSHA) ordering Wells Fargo to reinstate and pay $577,500 in back wages, damages, and other fees to a former branch manager that the bank retaliated against. "Whistleblowers who come forward to call out abusive, predatory, and illegal practices in their workplaces should be applauded, not subjected to retaliation," Senator Warren said. "The Department of Labor made … Continue Reading

July 20, 2017

New Report from Senators Warren and Whitehouse: Six Month-Review Gives President Trump A Failing Grade on Pledge to "Drain the Swamp"

Washington, D.C. - As President Trump marks his first six months in office, United States Senators Elizabeth Warren (D-Mass.) and Sheldon Whitehouse (D-R.I.) today released their "Drain the Swamp Report Card" tracking 193 former lobbyists and corporate insiders who have worked for President Trump since his election, giving the president a failing grade on his pledge to "drain the swamp." Despite signing an Executive Order promising to slow the revolving door between government and the private … Continue Reading

July 18, 2017

Over 100,000 Americans Respond to Trump Administration Request for Comment on Plan to Sabotage the ACA: Overwhelming Majority Opposed

Washington, DC - Following Senator McConnell's statement that he will seek a vote on a repeal of the Affordable Care Act (ACA), with no plan for a replacement of the law, Senator Elizabeth Warren (D-Mass.), along with 12 of her colleagues, today called on President Trump to listen to over 100,000 Americans who responded to a request for public input from the Administration on how to reduce the "regulatory burden" imposed by the ACA by strongly opposing any attempt to weaken or repeal the … Continue Reading

July 18, 2017

Statement Regarding the Northeast Canyons and Seamounts Marine National Monument Designation

WASHINGTON, DC - The office of U.S. Senator Elizabeth Warren released the following statement today: "A recent article published in the Boston Globe suggested that Senator Warren opposed the Northeast Canyons and Seamounts Marine National Monument designation when reporting that 'event organizers pointed out Warren's opposition to the monument.' To correct the record, Senator Warren did not, and does not, oppose the monument designation. "Healthy oceans are vital for our planet and our … Continue Reading

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