Press Releases
Warren, Marshall, Manchin, Graham Expand Coalition for Bipartisan Bill Cracking Down on Crypto’s Use in Money Laundering, Drug Trafficking, Sanctions Evasion
Washington, D.C. - United States Senators Elizabeth Warren (D-Mass.) and Roger Marshall (R-Kan.), along with Senators Joe Manchin (D-W.Va.) and Lindsey Graham (R-S.C.) announced an expanded coalition of Senate support for the bipartisan Digital Asset Anti-Money Laundering Act, which would mitigate the illicit finance risks that crypto poses by closing loopholes and bringing the digital asset ecosystem into grater compliance with the anti-money laundering and countering the financing of … Continue Reading
September 14, 2023
Senator Warren Calls on Treasury Secretary Yellen to Protect Stability of Financial System from Interest Rate Risks
Washington, D.C. - Today, United States Senator Elizabeth Warren (D-Mass.) sent a letter to Treasury Secretary and Chair of the Financial Stability Oversight Council (FSOC), Janet Yellen, seeking information on how FSOC is responding to three potential risks to the banking system caused by the Federal Reserve’s increase in interest rates over the past year and a half: (1) the decline in value of banks’ bond portfolios, (2) losses in commercial real estate, and (3) losses in the leveraged … Continue Reading
September 14, 2023
ICYMI: Warren Calls for Stronger Bank Guardrails on Lehman Collapse Anniversary
Washington, D.C. — U.S. Senator Elizabeth Warren (D-Mass.) delivered the opening remarks at the 15th Anniversary Lehman Collapse Conference, hosted by Better Markets, where she called for updated bank merger review guidelines to safeguard the economy from too-big-to-fail banks, and tougher regulatory scrutiny on banks with assets between $100B and $250B, among other provisions. The full text of her remarks is available below. Opening Remarks, 15th Anniversary Lehman Collapse … Continue Reading
September 14, 2023
Warren, Blumenthal Seek Information on Military Electronic Health Record System Amid Concerns of Recruitment Delays and Privacy Violations
Washington, D.C. - U.S. Senators Elizabeth Warren (D-Mass.) and Richard Blumenthal (D-Conn.), members of the Senate Armed Services Committee, sent a letter to Secretary of Defense Lloyd J. Austin III, expressing concerns about the implementation of the contract the Department of Defense (DoD) awarded to Leidos Partnership for Defense Health (Leidos) for the Military Health System (MHS) Genesis electronic health record system, after reports that the use of MHS Genesis may be contributing to … Continue Reading
September 14, 2023
Warren, Jayapal Urge FTC to Rein in Big Pharma Abuses of Patent System
Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.) and U.S. Representative Pramila Jayapal (D-Wash.) sent a letter to Federal Trade Commission (FTC) Chair Lina Khan, ahead of the Commission’s open meeting later today, urging the FTC to issue a policy statement about the improper listing of drug-related patents in the Food and Drug Administration’s (FDA’s) Orange Book. Big Pharma’s exploitation of the Orange Book blocks competition and prevents lower-cost drugs from entering the market, … Continue Reading
September 14, 2023
At Hearing, Naval Operations Nominee Warns of an “Erosion of Readiness” if Military Holds Continue
Washington, D.C. — At a hearing of the Senate Armed Services Committee, U.S. Senator Elizabeth Warren (D-Mass.), Chair of the Senate Armed Services Subcommittee on Personnel, questioned Admiral Lisa M. Franchetti, nominee for reappointment to be Chief of Naval Operations, on the increasingly detrimental effects of Senate Republican holds on over 300 high level military officer nominees. Admiral Franchetti spoke to concerns raised by Navy families, negative impacts on recruiting at the Naval … Continue Reading
September 13, 2023
Senators Warren, Markey Urge MBTA, DPU Leaders to Address Ongoing Safety, Service Concerns with Public Transit that Endanger, Inconvenience Workers and Riders
Boston, Mass. - Today, U.S. Senators Elizabeth Warren (D-Mass.) and Edward Markey (D-Mass.) sent a letter to Massachusetts Department of Public Utilities (DPU) Chair James Van Nostrand and Massachusetts Bay Transportation Authority (MBTA) General Manager and CEO Phillip Eng, calling on them to provide updates on their efforts to address ongoing safety issues and service interruptions on the Boston T. The letter comes after Senators Warren and Markey raised similar concerns to the DPU and MTBA … Continue Reading
September 12, 2023
At Hearing, Warren Calls on SEC to End Private Equity’s Evasion of Public Disclosure Requirements and Ensure Transparency for Investors in Private Markets
Washington, D.C. - At a hearing of the Senate Banking, Housing, and Urban Affairs Committee, U.S. Senator Elizabeth Warren (D-Mass.) called on Securities and Exchange Commission (SEC) Chair Gary Gensler to protect investors and the fairness of markets by reining in private equity’s evasion of public disclosure requirements to ensure transparent and honest markets for investors. She also reiterated her call on Chair Gensler to swiftly issue a strong climate risk disclosure rule to protect … Continue Reading
September 12, 2023
Warren, Schumer, Broad Democratic Coalition of Lawmakers Urge President Biden to take Executive Action to Address Gun Violence Epidemic, Limit Sale of Assault Weapons
Washington, D.C. - Today, U.S. Senator Elizabeth Warren (D-Mass.), Senate Majority Leader Chuck Schumer (D-N.Y.), and Representative Maxwell Alejandro Frost (D-Fla.) with Senator Dick Durbin (D-Ill.), Senator Richard Blumenthal (D-Conn.), Senator Raphael Warnock (D-Ga.) and Representatives Diana DeGette (D-Colo.), Dina Titus (D-Nev.) and Abigail Spanberger (D-Va.) led 68 lawmakers in a letter to President Joe Biden, urging him to take further executive action to combat gun violence and limit … Continue Reading
September 12, 2023
At Armed Services Committee Hearing, Senator Warren Highlights National Security Risks, Implications of Senator Tuberville’s Hold on Air Force Readiness, Recruitment, and Reputation
Washington, D.C. — Today, at a Senate Armed Services Committee hearing, U.S. Senator Elizabeth Warren (D-Mass.) questioned Chief of Staff of the Air Force nominee General David W. Allvin on the impact and national security risks of Senator Tommy Tuberville’s (R-Ala.) hold on military promotions. Senator Tuberville’s hold has lasted nearly nine months and threatens to deprive over 650 senior military leaders of promotion by the end of the year. Currently there are 103 Air Force nominees on … Continue Reading
September 12, 2023
Warren, Massachusetts Delegation Urge EPA to Reevaluate Methodology After Steep Cuts to Massachusetts’ Lead Pipe Replacement Funding
Washington, D.C. - U.S. Senators Elizabeth Warren and Edward J. Markey and U.S. Representatives Richard Neal, James McGovern, Stephen Lynch, Bill Keating, Katherine Clark, Seth Moulton, Ayanna Pressley, Lori Trahan, and Jake Auchincloss sent a letter to Environmental Protection Agency (EPA) Administrator Michael Regan, urging him to reevaluate the methodology used to determine each state’s funding need for lead pipe removal after a 44% cut to lead service line replacement (LSLR) funding to … Continue Reading
September 11, 2023
Senators Warren, Durbin, Blumenthal Warn Against Purchase of Predatory For-Profit College University of Phoenix
Washington, D.C. - United States Senator Elizabeth Warren (D-Mass.), joined U.S. Senate Majority Whip Dick Durbin (D-IL) and Richard Blumenthal (D-CT), to send a letter to the President of the University of Idaho (UI) that probes UI over how it plans to address the concerns and liabilities that come with its decision to acquire the University of Phoenix (Phoenix), a nefarious for-profit college with a history of preying on veterans, low-income students, and students of color. “Given … Continue Reading
September 08, 2023
At Hearing, Senator Warren Highlights Heightened Risk from Climate-Related Disasters, Calls for Transparency, Oversight from Insurance Industry and Regulators
Washington, D.C. — At a hearing of the Senate Banking, Housing, and Urban Affairs (BHUA) Committee, U.S. Senator Elizabeth Warren (D-Mass.) highlighted the recent withdrawals of major insurance companies from states that have a high and growing risk of climate disasters, the impact of this insurance crisis on homeowners, and the need for increased transparency from insurance companies. Mr. Douglas Heller, Director of Insurance, Consumer Federation of America, agreed with Senator Warren … Continue Reading
September 07, 2023
Warren, Castro, Torres, Goldman Call on Commerce Department to Address Troubling Increase of Assault Weapons Exports Approvals
Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.) and U.S. Representatives Joaquin Castro (D-Texas), Norma Torres (D-Calif.), and Dan Goldman (D-N.Y.) sent a letter to Secretary of Commerce Gina Raimondo, seeking answers on the Department of Commerce’s (Commerce) lackluster oversight of assault weapons exports and its failure to release data on its approvals of these exports. The lawmakers are calling on Commerce to publicly release data on its approvals of assault weapons exports and … Continue Reading
September 06, 2023
Senator Warren and Representative Sherman Reintroduce the Nationwide Right to Unionize Act, Repealing “Right-to-Work” Laws and Empowering Workers to Fight for Better Wages, Conditions
Washington, D.C. - Today, United States Senator Elizabeth Warren (D-Mass.), and Representative Brad Sherman (D-Calif.) reintroduced the Nationwide Right to Unionize Act, legislation that would support the right to unionize by prohibiting states from banning union security, or “fair share”, agreements through “right-to-work” laws. Twenty-eight states have enacted “right-to-work” laws that prevent unions from collecting dues from non-union members who are covered under a union-negotiated … Continue Reading
September 01, 2023
Senators Warren, Markey, Representative Keating Support Massachusetts’ Application, Urge Biden Administration to Provide Funding to Replace Aging Cape Cod Bridges
Washington, D.C. - U.S. Senators Elizabeth Warren (D-Mass.) and Edward J. Markey, along with U.S. Representative William Keating (D-Mass.), sent a letter of support to Department of Transportation (DOT) Secretary Pete Buttigieg supporting Massachusetts’ application and urging DOT to provide funding to the The Cape Cod Bridges Program to replace the vitally important - but aging - Bourne and Sagamore Bridges. “The Cape Cod Bridges Program will deliver immense social, economic, public safety, … Continue Reading
August 30, 2023
Warren Calls on Chair Powell to Finalize Capital Standards Rules for Giant Banks Quickly, Resist Bank Lobby Pressure
Washington, D.C. - United States Senator Elizabeth Warren (D-Mass.), a member of the Senate Banking, Housing, and Urban Affairs Committee, sent a letter to Federal Reserve (Fed) Chair Jerome Powell, calling on Chair Powell to quickly finalize proposed rules to strengthen capital standards for the country’s largest banks, in line with the international Basel III agreement, and resist any bank lobby pressure to water down these rules. “On July 27, 2023, the Fed voted to advance proposed … Continue Reading
August 29, 2023
Senator Warren Secures Historic Ethics Commitments from NIH Nominee, Dr. Monica Bertagnolli Pledges Not to Work for Giant Pharmaceutical Companies Immediately After Government Service
Washington, D.C. - Today, U.S. Senator Elizabeth Warren (D-Mass.) announced that she has secured historic ethics commitments from Dr. Monica Bertagnolli, President Biden’s nominee for director of the National Institutes of Health (NIH), to halt the revolving door between former federal employees and giant pharmaceutical companies. If confirmed as NIH Director, Dr. Bertagnolli has agreed to recuse herself from matters which relate to her work as NIH Director for four years, not to seek a waiver … Continue Reading
August 29, 2023
Senator Warren, Representative Jayapal Urge FDA to Hold Big Pharma Accountable for Abuse of Patent System, Profiteering at Patients’ Expense
Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.) and Representative Pramila Jayapal (D-Wash.) sent a letter to Dr. Robert M. Califf, Commissioner of the Food and Drug Administration (FDA), urging him to close loopholes that pharmaceutical companies have exploited to block generics from entering the market, keeping drug prices high and maximizing profits. The letter recommends four specific actions that FDA should take to use its existing authority to address anti-competitive … Continue Reading
August 25, 2023
Senator Warren, Representative Porter Seek Answers from Tax Prep Companies on Millions Spent Lobbying Against Popular, Simple, Free File Option
Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.) and Representative Katie Porter (D-Calif.) sent a letter to the Free File Alliance, the American Coalition for Taxpayer Rights, Intuit, and H&R Block following their relentless lobbying efforts against the Internal Revenue Service’s (IRS) direct free filing tool. The letter comes two months after Senator Warren released a report that found that tax prep companies were violating taxpayer privacy and engaging in potentially illegal … Continue Reading
