Press Releases

June 22, 2023

At Hearing, Fed Chair Powell Fails to Assume Responsibility for Deregulatory Push Preceding Bank Collapses

Washington, D.C. – At a hearing of the Senate Banking, Housing, and Urban Affairs Committee (BHUA), United States Senator Elizabeth Warren (D-Mass.) blasted Federal Reserve (Fed) Chair Jerome Powell on his aggressive push for deregulatory policies and the resulting banking crisis following the second, third, and fourth largest bank failures in U.S. history. During their exchange, Chair Powell failed to assume personal responsibility when questioned about his role in weakening bank … Continue Reading


June 22, 2023

ICYMI: Chairing First Subcommittee Markup, Senator Warren Highlights Provisions for National Defense Authorization Act

Video of Hearing (SASC) Washington, D.C. – Charing her first Senate Armed Services Personnel Subcommittee Markup, U.S. Senator Elizabeth Warren (D-Mass.) highlighted her priorities and the many provisions offered to the full Committee for inclusion in the National Defense Authorization Act for Fiscal Year 2024, including the following pieces of legislation: Junior Reserve Officer Training (JROTC) Safety Act to better protect JROTC recruits following reports of program … Continue Reading


June 21, 2023

At Hearing, Warren Calls on Fed Nominees to Implement Strong Bank Merger Review Guidelines and Reinstate Tough Rules for Big Banks

Washington, D.C. – At a hearing of the Senate Banking, Housing, and Urban Affairs Committee, U.S. Senator Elizabeth Warren (D-Mass.) warned of the dangers of growing concentration in the banking system and called on three nominees to the Board of Governors of the Federal Reserve System (Fed) – Dr. Phillip Jefferson, Dr. Lisa Cook, and Dr. Adrianna Kugler – to institute the strongest possible bank merger guidelines and to reinstate tough financial regulations on big banks to … Continue Reading


June 21, 2023

At Banking Committee Markup, Warren Supports Bill to Hold Failed Bank Executives Accountable

Washington, D.C. – At an executive session of the Senate Banking, Housing, and Urban Affairs Committee to consider the FEND Off Fentanyl Act and RECOUP Act, U.S. Senator Elizabeth Warren (D-Mass.) expressed support for the RECOUP Act as a reasonable compromise that significantly improves the oversight of bank executives that blow up their banks and will make the banking system safer – and called on every member of the Senate and House to support the legislation.  Senator … Continue Reading


June 20, 2023

Warren, Markey Statement on Julie Rikelman’s Confirmation to U.S. Court of Appeals for the First Circuit

Washington, D.C. – United States Senators Elizabeth Warren (D-Mass.) and Edward J. Markey (D-Mass.) released the following statement after the Senate voted to confirm Julie Rikelman to the United States Court of Appeals for the First Circuit:  “We are thrilled that the Senate has voted to confirm Julie Rikelman to serve on the United States Court of Appeals for the First Circuit. Rikelman has a deep and unwavering commitment to the rule of law and our Constitution, informed … Continue Reading


June 20, 2023

ICYMI: Senator Warren Delivers Speech Ahead of Confirmation Vote for Julie Rikelman to the First Circuit Court of Appeals

Washington, D.C. – U.S. Senator Elizabeth Warren (D-Mass.) spoke on the Senate floor ahead of the confirmation vote for Julie Rikelman, nominee to the First Circuit Court of Appeals. Senators Warren and Ed Markey (D-Mass.) recommended Rikelman to President Biden for appointment to the federal bench. The full text of her remarks is available below. Remarks as Prepared by Senator Elizabeth WarrenJune 20, 2023 Senator Elizabeth Warren: [Mr. / Madam] President, I rise today in support of … Continue Reading


June 20, 2023

Warren, Grassley Introduce New Bipartisan Bill Cracking Down on Retired Military Officers Working for Foreign Governments

Washington, D.C. – United States Senators Elizabeth Warren (D-Mass.), Chair of the Senate Armed Services Committee Subcommittee on Personnel, and Chuck Grassley (R-Iowa), and United States Representatives Jason Crow (D-Colo.) and Suzan DelBene (D-Wash.) introduced the Retired Officers Conflict of Interest Act – a bill that would require public reporting on retired service members working on behalf of foreign governments and creates civil penalties if they break the law.  The … Continue Reading


June 20, 2023

Senators Warren, Braun, Representative Garamendi Reintroduce Bipartisan Stop Price Gouging the Military Act

Washington, D.C. – U.S. Senator Elizabeth Warren (D-Mass.), Chair of the Armed Services Subcommittee on Personnel, Senator Mike Braun (R-Indiana) and Representative John Garamendi (D-Calif.)  Ranking Member, House Armed Services Committee Subcommittee on Readiness, reintroduced the bipartisan Stop Price Gouging the Military Act which would close loopholes in current acquisition laws, tie financial incentives for contractors to performance, and provide the Department of Defense (DoD) … Continue Reading


June 20, 2023

Senators Warren, Shaheen, Hirono, Representatives Jacobs, Bice Reintroduce Bipartisan Military Housing Readiness Council Act

Washington, D.C. – U.S. Senators Elizabeth Warren (D-Mass.), Chair of the Senate Armed Services Subcommittee on Personnel, Jeanne Shaheen (D-N.H.), Member of the Senate Armed Services Committee, Mazie Hirono (D-Hawaii), Chair of the Senate Armed Services Subcommittee on Readiness and Management Support, and Representatives Sara Jacobs (D-Calif.), Member of the House Armed Services Committee, and Stephanie Bice (R-Okla.) are planning to reintroduce the bipartisan Military Housing … Continue Reading


June 20, 2023

Warren, Massachusetts Lawmakers Urge Navy to Conduct Commissioning of Submarine Massachusetts in the Commonwealth

Boston, MA  – United States Senators Elizabeth Warren (D-Mass.) and Edward J. Markey (D-Mass.), And United States Representatives Katherine Clark (D-Mass.), Lori Trahan (D-Mass.), Seth Moulton (D-Mass.), James McGovern (D-Mass.), Richard Neal (D-Mass.), Stephen Lynch (D-Mass.), Jake Auchincloss (D-Mass.), Ayanna Pressley (D-Mass.), and Bill Keating (D-Mass.) sent a letter to Secretary of the Navy, Carlos Del Toro, urging the Navy to conduct the commissioning of submarine … Continue Reading


June 16, 2023

Warren, Markey Call on National Highway Traffic Safety Administration to Reverse Decision Allowing Car Manufacturers to Ignore Massachusetts' “Right to Repair” Law

Washington, D.C. – United States Senators Elizabeth Warren (D-Mass.) and Edward J. Markey (D-Mass.) sent a letter to Secretary of Transportation Pete Buttigieg and Deputy Administrator of the National Highway Traffic Safety Administration (NHTSA) Sophie Schulman, calling on NHTSA to reverse its course after it sent a recent letter to auto manufacturers, advising them not to comply with Massachusetts’ Right to Repair law.  “NHTSA’s decision to give auto … Continue Reading


June 16, 2023

Senator Warren, Representative Kim Reintroduce Department of Defense Ethics and Anti-Corruption Act

Washington, D.C. – U.S. Senator Elizabeth Warren (D-Mass.), Chair of the Armed Services Subcommittee on Personnel, and Representative Andy Kim (D-N.J.) Ranking Member, House Armed Services Committee Subcommittee on Military Personnel, introduced the Department of Defense (DoD) Ethics and Anti-Corruption Act to limit the influence of contractors on the military, constrain foreign influence on retired senior military officers, and assert greater transparency over contractors and their … Continue Reading


June 15, 2023

Senators Warren, Sanders, Hirono Introduce Junior Reserve Officer Training Safety Act

Washington, D.C. – U.S. Senators Elizabeth Warren (D-Mass.), Chair of the Armed Services Subcommittee on Personnel, Bernie Sanders (I-Vt.), Chair of the Senate Health, Education, Labor, and Pension Committee, and Mazie Hirono (D-Hawaii), Chair of the Armed Services Subcommittee on Readiness, introduced the Junior Reserve Officer Training (JROTC) Safety Act of 2023 to better protect JROTC recruits following reports of program instructors sexually assaulting and harassing high school … Continue Reading


June 14, 2023

Warren, Wyden Call on Justice Department to Closely Scrutinize PGA Tour-LIV-Saudi Investment Fund Golf Merger for Potential Antitrust Violations

Washington, D.C. – United States Senators Elizabeth Warren (D-Mass.) and Ron Wyden (D-Ore.) sent a letter to Attorney General Merrick Garland and Jonathan Kanter, Assistant Attorney General for the Antitrust Division of the Department of Justice (DOJ), raising serious concerns about the deal announced between the PGA Tour and the Saudi Arabian Public Investment Fund (PIF) to consolidate global golf-related business, including LIV Golf (LIV). The senators are calling on DOJ's Antitrust … Continue Reading


June 13, 2023

At Hearing, Warren Applauds Consumer Financial Protection Bureau’s Rule Reining in Unreasonable Credit Card Late Fees

Washington, D.C.  – At a hearing of the Senate Banking, Housing, and Urban Affairs Committee, U.S. Senator Elizabeth Warren (D-Mass.) applauded the Consumer Financial Protection Bureau’s (CFPB) proposed rule to cap unreasonable credit card late fees, which could save working families billions of dollars each year. Senator Warren called out big banks and credit card issuers for rolling out a massive lobbying campaign claiming that this proposed rule would end credit cards as … Continue Reading


June 13, 2023

At Hearing, Marine Corps Commandant Nominee Commits to Prioritize Service Members and Families in the Budget

Washington, D.C. – At a hearing of the Senate Armed Services Committee, U.S. Senator Elizabeth Warren (D-Mass.) pressed General Eric M. Smith, nominee to be reappointed as Commandant of the U.S. Marine Corps, on the importance of protecting funds to support our servicemembers and their families and avoid wasting taxpayer funds on wish list items. Senator Warren’s bipartisan and bicameral Streamline Pentagon Spending Act would eliminate the statutory requirement for the military … Continue Reading


June 09, 2023

ICYMI: At Hearing, Warren Warns Against Corporate Consolidation in Health Care

Washington, D.C. – At a hearing of the Senate Finance Committee, U.S. Senator Elizabeth Warren (D-Mass.) raised concerns about how profiteering in Medicare Advantage (MA) is driving vertical consolidation in health care. Senator Warren explained that the potential for “upcoding” in MA, which allows insurance companies to collect higher payments from the government without spending more on patient care, has led insurance companies to purchase physician practices and other … Continue Reading


June 09, 2023

Senators Warren, King and Representative Doggett Seek Answers from HHS and Commerce on Interagency Working Group for Bayh-Dole

Washington, D.C. – U.S. Senators Elizabeth Warren (D-Mass.) and Angus King (I-Maine), and Representative Lloyd Doggett (D-Texas) sent a letter to Department of Commerce (DOC) Secretary Gina Raimondo and Department of Health and Human Services (HHS) Secretary Xavier Becerra asking for information on the membership, process, timeline, and scope of work of the recently announced Interagency Working Group for Bayh-Dole. In March of this year, on the same day that the National Institutes of … Continue Reading


June 08, 2023

Senator Warren, Representative Jayapal Reintroduce the Judicial Ethics and Anti-Corruption Act

Washington, D.C. – U.S. Senator Elizabeth Warren (D-Mass.) and Representative Pramila Jayapal (D-Wash.) reintroduced the bicameral Judicial Ethics and Anti-Corruption Act, legislation to strengthen our nation’s judicial ethics laws, impose an enforceable code of conduct on the Supreme Court, and ban federal judges from owning individual stock. The American people should be confident that our judges are held to the highest ethical standards and remain free from conflicts of … Continue Reading


June 08, 2023

Warren, Van Hollen Request DOJ Investigation of Crypto Exchange Binance’s Potentially False Statements to Congress

Washington, D.C. – U.S. Senators Elizabeth Warren (D-Mass.) and Chris Van Hollen (D-Md.), both members of the Senate Banking Committee, sent a letter to Attorney General Merrick Garland asking the Department of Justice (DOJ) to investigate the crypto exchanges Binance and Binance.US for potentially making a series of false statements to Congress. The senators’ request to the DOJ comes as the Securities and Exchange Commission (SEC) filed a complaint against Binance for … Continue Reading

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