Press Releases
Warren, King, Bennet, and Beyer to Treasury: Quickly Finalize Strong Rules for Corporate Minimum Tax on Billionaire Corporations
Washington, D.C. — U.S. Senators Elizabeth Warren (D-Mass.), Angus King (I-Maine), Michael Bennett (D-Colo.), and U.S. Representative Don Beyer (D-Va.) called on Treasury Secretary Janet Yellen (Treasury) to fully implement the 15% Corporate Alternative Minimum Tax (CAMT) signed into law by President Biden in the Inflation Reduction Act two years ago. Despite having previously indicated that rules would be released in early 2024, Treasury has yet to finalize key rules that would address … Continue Reading
July 01, 2024
Warren Statement on Supreme Court Decision on Corner Post v. Board of Governors of the Federal Reserve
Washington, D.C. - Following today’s Supreme Court decision in Corner Post v. Board of Governors of the Federal Reserve, Senator Elizabeth Warren (D-Mass.) issued the following statement: “For every federal law passed in the last forty years, Congress understood that agency experts would execute the will of democratically elected representatives and that court challenges would occur during a short, defined time period. That was settled law until this week. Today’s decision, along with the … Continue Reading
July 01, 2024
Warren Statement on Supreme Court Decision in Trump v. United States
Washington, D.C. - Following today’s Supreme Court decision in Trump v. United States, Senator Elizabeth Warren (D-Mass.) issued the following statement: “An extremist Supreme Court stacked by Donald Trump has ruled that the President is above the law. Six right-wing justices have given the President free rein to abuse the power of the presidency without constraint. If Donald Trump were President, could he get away with telling the Justice Department to make up dirt to put his political … Continue Reading
July 01, 2024
Warren, Casten, Foster, Jayapal to Commerce: No CHIPS Funding for Stock Buyback Subsidies
Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.) and Representatives Sean Casten (D-Ill.) Bill Foster (D-Ill.), and Pramila Jayapal (D-Wash.) wrote to the Secretary of Commerce Gina Raimondo, urging the Department of Commerce (Commerce) to use its full statutory authority to ensure taxpayer dollars from the Creating Helpful Incentives to Produce Semiconductors (CHIPS) Act does not directly or indirectly fund stock buybacks and other shareholder distributions. The CHIPS Act of 2022 … Continue Reading
July 01, 2024
Warren, Pocan, Garamendi Call For DoD, FTC, DOJ Scrutiny of TransDigm Acquisitions
Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.) and Representatives Mark Pocan (D-Wis.) and John Garamendi (D-Calif.) wrote to the Department of Defense (DoD), Federal Trade Commission (FTC), and Department of Justice (DOJ), urging them to review TransDigm Group Inc.’s (TransDigm’s) acquisitions of two specialized aerospace contractors, SEI Industries LTD (SEI Industries) and Raptor Labs Holdco, LLC (Raptor Scientific). “Given TransDigm’s rapid pace of acquisitions and … Continue Reading
July 01, 2024
Warren, Schakowsky Slam Largest Nursing Home Lobbying Groups for “Sabotaging” Biden Administration’s Minimum Nurse Staffing Rules that Improve Quality of Care for Seniors
Washington, D.C. — U.S. Senator Elizabeth Warren (D-Mass.) and U.S. Representative Jan Schakowsky (D-Ill.) sent a letter to two of the largest trade associations representing the nursing home industry — the American Health Care Association (AHCA) and LeadingAge — slamming them for opposing the Centers for Medicare & Medicaid Services’ (CMS’s) final rule that would, for the first time, set a national floor for minimum nurse staffing requirements in Medicare and Medicaid-certified nursing … Continue Reading
June 27, 2024
Warren, Carter, Rounds, Welch, Lawmakers Slam Pharmacy Benefit Manager Express Scripts for Harming Service Members with Anti-Competitive Tactics
Washington, D.C. — U.S. Senators Elizabeth Warren (D-Mass.), Mike Rounds (R-S.D.), Peter Welch (D-Vt.), U.S. Representative Buddy Carter (R-Ga.), and 20 other lawmakers sent a letter to Assistant Secretary of Defense for Health Affairs Dr. Lester Martinez-Lopez and Director of the Defense Health Agency (DHA) Lieutenant General Telita Crosland, raising concerns over Express Scripts’ exclusive contract to administer TRICARE’s pharmacy program, the healthcare system for the military, retirees, … Continue Reading
June 27, 2024
Senator Warren Statement on Supreme Court Decision on EMTALA
Washington, D.C. - Today, following the Supreme Court’s decision in Moyle v. U.S., the case that weighed the Emergency Medical Treatment and Active Labor Act (EMTALA), Senator Elizabeth Warren released the following statement: “The Supreme Court decided to wait until after the election to tell Americans whether women who are in crisis can get the emergency medical care they need. The Supreme Court doesn’t get the final word on abortion - the American people … Continue Reading
June 27, 2024
Senator Warren Statement on Supreme Court Decision on Purdue Pharma
Washington, D.C. - Today, following the Supreme Court’s decision on Harrington v. Purdue Pharma L.P., Senator Elizabeth Warren released the following statement: “The Sackler family made a fortune from hooking people to opioids that killed hundreds of thousands of Americans, and then tried to use the bankruptcy system to keep their money. The Supreme Court closed this bankruptcy loophole, but that doesn’t make things right for the millions of people who have lost loved ones to opioid … Continue Reading
June 26, 2024
Warren, Pressley Applaud Federal Investment in Massachusetts to Address Affordable Housing Barriers
Washington, D.C. - Today, the U.S. Department of Housing and Urban Development (HUD) awarded the Metropolitan Area Planning Council, the regional planning agency for the Greater Boston area, a $3 million grant under the Pathways to Removing Obstacles to Housing (PRO Housing) program to address key barriers to affordable housing development. “With these grants, the federal government is partnering with states and cities to develop new and innovative ways to lower housing costs. Building new … Continue Reading
June 26, 2024
GAO Accepts Warren, Lawmakers’ Request to Review DoD Efforts on TBI and Blast Overpressure
Washington, D.C. - In response to a request from lawmakers led by Senators Elizabeth Warren (D-Mass.), Chair of the Senate Armed Services Personnel Subcommittee; Joni Ernst (R-Iowa), Ranking Member of the Senate Armed Services Emerging Threats and Capabilities Subcommittee; and Representatives Ro Khanna (D-Calif.) and Elise Stefanik (R-N.Y.), both members of the House Armed Services Committee, the U.S. Government Accountability Office (GAO) announced that it will review the Department of … Continue Reading
June 18, 2024
At Hearing, Warren Urges Adequate Cash Assistance for Disabled and Low-Income Seniors Receiving Supplemental Security Income, Calls for Reforms to Improve Program, Lower Administrative Costs
Warren: “SSI is supposed to keep Americans with disabilities out of poverty, but it offers below-poverty-level support, punishes recipients for working, and punishes recipients for saving, all while burdening SSA and wasting taxpayer dollars.” Video of Exchange (01:42:43-1:47:27) Washington, D.C. — At a hearing of the U.S. Senate Committee on Finance, U.S. Senator Elizabeth Warren (D-Mass.) questioned Social Security Administration Associate Commissioner Susan B. Wilschke, about concerns … Continue Reading
June 18, 2024
Warren Pushes Federal Reserve to Finalize Increased Basel III Bank Capital Requirements
Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.) wrote to Federal Reserve (the Fed) Chair Jerome Powell amid public reports that he is giving in to JPMorgan CEO Jamie Dimon’s demands and intends to halve the Fed’s proposed increase in bank capital requirements. Senator Warren urged Chair Powell to allow the Fed Board to convene for a vote on the original, 16% capital increase by June 30. Following the 2008 market crash, global financial regulators determined that the capital … Continue Reading
June 17, 2024
Warren, Whitehouse, Van Hollen Applaud Treasury and IRS Crackdown on Partnership Shell Games
Closing this major loophole is expected to raise $50 billion in tax revenue over the next ten years. Washington, D.C. - Following today’s announcement from the Treasury Department (Treasury) and the Internal Revenue Service (IRS), U.S. Senators Elizabeth Warren (D-Mass.), Sheldon Whitehouse (D-R.I.), and Chris Van Hollen (D-Md.) released the following statements celebrating the closure of a major tax loophole: “Our tax code needs to work for everyone, not just those at the top. Closing … Continue Reading
June 17, 2024
ICYMI: In Speech, Warren Sets Agenda and Redlines for 2025 Tax Fight, Urges Democrats Back Popular Biden Policy to Tax the Rich
I Video of Remarks (CSPAN) Washington, D.C. — Today, U.S. Senator Elizabeth Warren (D-Mass.) delivered remarks at the Washington Center for Equitable Growth to set the agenda on taxes ahead of the 2025 tax fight and urge Democrats to back President Biden’s agenda to tax the rich. Senator Warren’s call comes as Congress will have the opportunity to make major tax policy changes as a large portion of the 2017 Republican tax cuts for the wealthy expire. Senator Warren made her redlines clear … Continue Reading
June 14, 2024
Warren, Markey, Massachusetts Congressional Delegation Urge Biden Administration to Approve State’s Bid for Additional Funding to Support New Arrivals
Washington, D.C. - Today, U.S. Senators Elizabeth Warren (D-Mass.) and Edward J. Markey (D-Mass.), along with the entire Massachusetts congressional delegation, sent a letter to Secretary of Homeland Security Alejandro Mayorkas and Federal Emergency Management Agency (FEMA) Administrator Deanne Criswell, urging them to approve Massachusetts’ application for an additional $34.5 million in funding through the Shelter and Services Program (SSP) to better support new arrivals. At the moment, … Continue Reading
June 14, 2024
Warren, Casten, Lawmakers Urge Financial Regulators to Stop Obstruction of Efforts to Tackle Climate-Related Financial Risks
Washington, D.C. - Senator Elizabeth Warren (D-Mass.) and Representative Sean Casten (D-Ill.) led a letter to the Federal Reserve Board (Fed), Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC), urging regulators to stop their obstruction of global financial regulators’ work to tackle climate-related financial risks. The lawmakers also called out the weaknesses revealed by the Fed’s 2023 “pilot scenario analysis” exploring six major banks’ … Continue Reading
June 12, 2024
At Hearing, Warren Hits Republican Defense of Junk Fees, Applauds Biden Administration and CFPB for Tackling Home Loan Junk Fees
Washington, D.C. — At a hearing of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, U.S. Senator Elizabeth Warren (D-Mass.) questioned Director of the Consumer Financial Protection Bureau (CFPB) Rohit Chopra on the Bureau's efforts to tackle junk fees across the housing market. The hearing follows a May 2024 announcement that the Bureau had opened a public inquiry into junk fees and their impact on mortgage closing costs that push homeownership out of reach for many, and a 7-2 … Continue Reading
June 12, 2024
Warren Announces Key Priorities for FY 2025 NDAA
Washington, D.C. - As the Senate begins markup on the fiscal year 2025 National Defense Authorization Act (NDAA) this week, U.S. Senator Elizabeth Warren (D-Mass.), chair of the Senate Armed Services Subcommittee on Personnel, announced her key priorities. Senator Warren is pushing for provisions to protect servicemembers from blast overpressure risks, limit the influence of contractors on the military, close loopholes in acquisition laws, increase oversight on the Defense budgetary process, … Continue Reading
June 11, 2024
Senators Warren, Markey Introduce the Corporate Crimes Against Health Care Act of 2024
Washington, D.C. - Today, U.S. Senators Elizabeth Warren (D-Mass.) and Ed Markey (D-Mass.) introduced the Corporate Crimes Against Health Care Act of 2024 to root out corporate greed and private equity abuse in the health care system. Over the last decade, private equity fund assets have more than doubled, totaling $8.2 trillion in 2023. While private equity funds have purchased companies in nearly every sector of the economy, their aggressive deal-making in the health care sector poses … Continue Reading