Press Releases

September 28, 2021

At Armed Services Hearing on Afghanistan, Secretary Austin Confirms that President Biden Followed the Advice of Military Advisors When Planning and Executing Withdrawal Operation

Senator Warren: “I believe President Biden had it exactly right: Withdrawing was long overdue.”Video of the Hearing Exchange (Round 1 Questioning)Washington, D.C. -- During today's Senate Armed Services Committee (SASC) hearing, United States Senator Elizabeth Warren (D-Mass.) questioned Secretary of Defense Lloyd Austin about President Biden’s decision to withdraw U.S. troops from Afghanistan. In response to Senator Warren, Secretary Austin confirmed that President Biden followed the … Continue Reading

September 28, 2021

At hearing, Warren Presses Fed Chair Powell on Record of Deregulation, Opposes Renomination As Fed Chair

Warren to Fed Chair Powell: “Your record causes me grave concern: over and over you have acted to make our banking system less safe. That makes you a dangerous man to head up the Fed, and that’s why I’ll oppose your re-nomination.”Video of Hearing ExchangeWashington, D.C. — At today's Senate Banking, Housing, and Urban Affairs Committee (BHUA) hearing, United States Senator Elizabeth Warren (D-Mass.) raised concerns to Federal Reserve Chair Jerome Powell regarding the steps he has taken … Continue Reading

September 23, 2021

Warren, Cornyn Introduce Bill to Prevent Large Corporations From 'Forum-Shopping' in Bankruptcy Cases

Washington, D.C. — United States Senators Elizabeth Warren (D-Mass.) and John Cornyn (R-Texas) today introduced the Bankruptcy Venue Reform Act of 2021 which would require large corporations and wealthy individuals to file for bankruptcy in their home states or where significant assets are located. In the last 20 years, more than 70% of public companies with at least $100 million in assets filed for bankruptcy in a district outside of the one closest to their headquarters. The … Continue Reading

September 22, 2021

Warren, Brown, Smith, and Van Hollen Request Information from SPAC Creators Amid “Astonishing” Reports of Abuse and Market Dysfunction

Washington, DC - United States Senators Elizabeth Warren (D-Mass.), Sherrod Brown (D-Ohio), Tina Smith (D-Minn.), and Chris Van Hollen (D-Md.) sent letters to six creators of prominent Special Purpose Acquisition Companies, or SPACs, publicly traded shell companies that raise money to buy private companies and take them public. Their letters raise concerns about abuses by the creators and operators of SPACs, including reports that insiders are taking advantage of legislative and … Continue Reading

September 22, 2021

Dozens of Republican, Democrat, and Nonpartisan Law Enforcement Officials, Community Advocates, Service Providers, and Members of the Legal Community Support DA Rachael Rollins’ Nomination for US Attorney

Former US Attorneys—Including Former Republican Governor Bill Weld—and Current and Former Suffolk County Law Enforcement Executives Support Rollins’ Nomination Citing Her Extensive Law Enforcement Credentials, the Leaders Urge the Judiciary Committee to Swiftly and Favorably Advance Rollins’ NominationWashington, D.C. - Today, dozens of Republican, Democrat and nonpartisan law enforcement officials, community advocates, service providers, and members of the legal community sent letters … Continue Reading

September 21, 2021

At Hearing, Treasury Nominee Agrees with Senator Warren that Addressing Climate Risk Must be a Priority for Treasury

Video of Hearing ExchangeWashington, D.C. - At today's Senate Banking, Housing, and Urban Affairs Committee hearing to consider the nominations of Alan F. Estevez, Thea D. Rozman Kendler, Alexia Marie Gabrielle Latortue, and Graham S. Steele, United States Senator Elizabeth Warren (D-Mass.) highlighted the need for the U.S. Department of Treasury to address climate risk and directed her questions toward Steele, the nominee to be Assistant Secretary of the Treasury for Financial … Continue Reading

September 21, 2021

Senator Warren, Rep. Cori Bush, Senators Markey, Padilla, Introduce the Keeping Renters Safe Act of 2021

| Press ConferenceWASHINGTON, D.C. — Today, Senator Elizabeth Warren (D-Mass.), member of the Senate Committee on Banking, Housing, and Urban Affairs, Congresswoman Cori Bush (D-Mo.), Deputy Whip of the Congressional Progressive Caucus and Member of the House Committee on the Judiciary, along with Senator Edward J. Markey (D-Mass.), Senator Alex Padilla (D-Calif.), and over three dozen of their colleagues introduced the Keeping Renters Safe Act of 2021 to enact an urgently needed … Continue Reading

September 21, 2021

Warren, Brown, Merkley, Baldwin, and Markey Raise Concerns Over Distorted Findings in Trade Commission’s Economic Impact Report, Urge USITC to Improve Its Analysis of Trade Deals

Washington, DC - United States Senators Elizabeth Warren (D-Mass.), Sherrod Brown (D-Ohio), Jeff Merkley (D-Ore.), Tammy Baldwin (D-Wis.), and Edward J. Markey (D-Mass.) sent a letter to the U.S. International Trade Commission (USITC) expressing serious concerns about a disturbing series of assumptions and omissions that distort the findings of the USITC June 2021 report on the economic impact of numerous U.S. trade agreements. The USITC found that these trade agreements have had a … Continue Reading

September 16, 2021

NEW Report: THE BIG ESCAPE: How the Ultra-Wealthy Avoid Paying Taxes and How to Fix It

Washington, DC - United States Senator Elizabeth Warren (D-Mass.) today released a new staff report, “The Big Escape: How the Ultra-Wealthy Avoid Paying Taxes and How to Fix It.” Massive corporations and America’s wealthiest households are using extraordinary loopholes and increasingly complex schemes to avoid paying their fair share in taxes. This new report examines the effects of two proposals from Senator Warren to fix our broken tax system and raise revenue: the … Continue Reading

September 16, 2021

Bipartisan Resolution Designating September 2021 as Polycystic Ovary Syndrome Awareness Month Passes Senate Unanimously

Washington, DC - United States Senators Elizabeth Warren (D-Mass.) and Deb Fischer (R-Neb.) today applauded the unanimous passage of their bipartisan resolution to designate September 2021 as Polycystic Ovary Syndrome Awareness (PCOS) Month.“Polycystic Ovary Syndrome affects the lives of millions of people across the United States, and for the past four years, my colleagues and I have introduced this resolution to raise awareness about the need for further research, improved treatment, … Continue Reading

September 16, 2021

Warren Calls On Federal Reserve Banks To Adopt Stricter Ethics Rules After Troubling Reports Of Stock, REIT Trading By Two Fed Presidents

WASHINGTON, D.C. — Following troubling reports that two regional Federal Reserve Bank (Fed) Presidents made extensive stock trades in 2020 as the Fed took extraordinary actions to address the COVID-19 pandemic, United States Senator Elizabeth Warren (D-Mass.), chair of the Senate Banking, Housing, and Urban Affairs Subcommittee on Economic Policy, called on the 12 regional Fed Presidents to adopt stricter ethics rules that prohibit individual stock trading by them and their staff. Last … Continue Reading

September 15, 2021

Warren, Daines Introduce Bipartisan Bill to Honor 13 American Heroes Killed in Afghanistan with Congressional Gold Medals

Washington, DC - United States Senators Elizabeth Warren (D-Mass.) and Steve Daines (R-Mont.) today introduced a bipartisan bill to award the 13 American servicemembers who lost their lives during the terrorist attacks in Kabul, Afghanistan on August 26th Congressional Gold Medals.“We should honor these 13 servicemembers, including U.S. Marine Corps Sgt. Johanny Rosario Pichardo of Lawrence, Massachusetts, who were killed last month in Afghanistan while serving our country and working to … Continue Reading

September 14, 2021

Warren to SEC Chair at Hearing: Regulators Need to Step Up to Address Crypto’s Regulatory Gaps and Ensure an Inclusive Financial System

Washington, D.C. - At today's Senate Banking, Housing, and Urban Affairs Committee hearing, United States Senator Elizabeth Warren (D-Mass.) argued that high and unpredictable fees in crypto present severe risks to investors who have the least money to lose.In response to her questions about fees on “decentralized” crypto exchanges and whether they present a path to greater financial inclusion, U.S. Securities and Exchange (SEC) Commission Chair Gary Gensler told Senator Warren that “it … Continue Reading

September 14, 2021

Warren and Brown Lead Letter Urging the Department of Education to Continue to Bolster Federal and State Oversight of Student Loan Servicers

Washington, DC - United States Senators Elizabeth Warren (D-Mass.) and Sherrod Brown (D-Ohio), along with Senators Cory Booker (D-N.J.), Chris Van Hollen (D-Md.), Tammy Baldwin (D-Wis.), Richard Blumenthal (D-Conn.), Raphael Warnock (D-Ga.), and Tina Smith (D-Minn.), sent a letter to Department of Education Secretary Miguel Cardona in support of a recent re-interpretation of Department policy that will significantly enhance oversight and accountability of the student loan program and its … Continue Reading

September 14, 2021

Warren Slams Wells Fargo CEO, Calls on Fed to Revoke Bank’s Status as Financial Holding Company Amid Ongoing Failure to Meet Regulatory Requirements

WASHINGTON, D.C. — United States Senator Elizabeth Warren (D-Mass.), chair of the Senate Banking, Housing, and Urban Affairs Subcommittee on Economic Policy, sent a letter to Federal Reserve Chair Jerome Powell calling on the Fed to use its existing authority to revoke Wells Fargo’s status as a financial holding company (FHC) and require the company to separate its traditional banking activities from its nonbanking activities. Wells Fargo has a nearly two-decades-long record of swindling … Continue Reading

September 10, 2021

Warren Joins Colleagues Calling For Investigation into Amazon Treatment of Pregnant Workers

Washington, D.C. - Today, U.S. Senator Elizabeth Warren (D-Mass.) joined Senator Kirsten Gillibrand (D-N.Y.) and Senate colleagues in sending a letter to U.S. Equal Employment Opportunity Commission (EEOC) Chair Charlotte Burrows requesting an investigation into allegations that Amazon denies reasonable accommodations for pregnant employees at its fulfillment centers. The senators requested that the EEOC investigate Amazon’s alleged failure to provide adequate modification of job duties … Continue Reading

September 09, 2021

Warren Statement on VA OIG Reports on Veteran’s Death and Quality of Care at Bedford VA Facility

Washington, DC - United States Senator Elizabeth Warren (D-Mass.) today released the following statement regarding two U.S. Department of Veterans Affairs (VA) Office of the Inspector General (OIG) reports. The results of the investigations follow Senator Warren’s calls into investigating the death of a veteran, Mr. Tim White, whose body was found one month after disappearing, and the ongoing lack of care at the Bedford VA. “I’m glad the VA Office of Inspector General conducted their … Continue Reading

September 08, 2021

Warren Investigation Finds Amazon Provides Consumers With COVID-19 Vaccine Misinformation in Search Results

Washington, DC - United States Senator Elizabeth Warren (D-Mass.) sent a letter to Amazon CEO Andy Jassy regarding the alarming discovery that Amazon is peddling misinformation about COVID-19 vaccines and treatments through its search and “Best Seller” algorithms. This is the second time in six months that Senator Warren has identified Amazon practices that mislead consumers about COVID-19 prevention or treatment — earlier this year, she raised concerns that the company is providing … Continue Reading

September 02, 2021

Warren, Van Hollen, Gillibrand Release Treasury Climate Hub Response on Combating the Climate Crisis

Washington, DC - United States Senator Elizabeth Warren (D-Mass.) issued the following statement following the Department of Treasury’s response to an earlier letter in which Senators Warren, Kirsten Gillibrand (D-N.Y.), and Chris Van Hollen (D-Md.) urged John Morton - the first Climate Counselor at the U.S. Department of the Treasury’s new Climate Hub - to take swift and aggressive action to tackle the climate crisis.“I'm glad that the Climate Hub is working to integrate climate action into … Continue Reading

September 02, 2021

Statement from Senators Warren, Markey on Massachusetts Receiving $175 Million in Funding for Broadband Projects

Washington, DC - United States Senators Elizabeth Warren (D-Mass.) and Edward J. Markey (D-Mass.) issued the following joint statement on Massachusetts receiving $175 million in American Rescue Plan funding through the Capital Projects Fund which will be used to provide broadband connectivity for the hardest hit communities. "The public health and economic crisis laid bare the urgent need to connect every home and business in the Commonwealth with affordable, high-speed broadband. This … Continue Reading

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