Press Releases
Warren and Smith Ask Regulators To Deny Special Regulatory Favors for Credit Suisse
Washington, D.C. — United States Senators Elizabeth Warren (D-Mass.) and Tina Smith (D-Minn.), both members of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, sent a letter to Ali Khawar, the Acting Assistant Secretary at the Employee Benefits Security Administration (EBSA) in the Department of Labor (DOL), raising concerns about EBSA’s proposal to grant a one-year “qualified professional asset manager” (QPAM) exemption to Credit Suisse Group AG (Credit Suisse) despite … Continue Reading
February 11, 2022
Massachusetts Delegation Announces First Round of Federal Transit Funding for Massachusetts and Regional Transit Authorities from Bipartisan Infrastructure Law
Washington, D.C. — United States Senators Elizabeth Warren (D-MA) and Edward J. Markey (D-MA), along with Representatives Richard E. Neal (D-MA-01), James P. McGovern (D-MA-02), Stephen F. Lynch (D-MA-08), Bill Keating (D-MA-09), Assistant Speaker Katherine Clark (D-MA-05), Seth Moulton (D-MA-06), Ayanna Pressley (D-MA-07), Lori Trahan (D-MA-03), and Jake Auchincloss (D-MA-04), announced that the Federal Transit Administration (FTA) has awarded Massachusetts state and regional transit … Continue Reading
February 11, 2022
Warren, Cardin Call for Immediate COVID-19 Booster Shots for Individuals in DHS/ICE Custody
Washington, D.C. - U.S. Senators Elizabeth Warren (D-Mass.) and Ben Cardin (D-Md.) and ten other senators are calling on the U.S. Department of Homeland Security (DHS) and U.S. Immigration and Customs Enforcement (ICE) to protect individuals in ICE custody from COVID-19 by making booster shots easily accessible. Following a January 26 whistleblower complaint by two consulting doctors for ICE expressing grave concern about the lack of booster shots and the 800% increase in COVID-19 cases … Continue Reading
February 10, 2022
Warren, DeLauro Reintroduce the Schedules That Work Act
Washington, D.C. - United States Senator Elizabeth Warren (D-MA) and Congresswoman Rosa DeLauro (D-CT-03) today reintroduced the Schedules That Work Act in the Senate and the House. This legislation would help ensure that employees have more certainty about their work schedules and income, an issue that has only been exacerbated by the COVID-19 pandemic. It addresses unstable, unpredictable, and rigid scheduling practices like placing workers “on-call” with no guarantee of work hours, … Continue Reading
February 10, 2022
Warren, Schakowsky, DeLauro, Lee, Pressley, and Porter Reintroduce the Part-Time Worker Bill of Rights Act
Washington, D.C. - United States Senator Elizabeth Warren (D-Mass.), Congresswoman Jan Schakowsky (D-Ill.), a Senior Chief Deputy Whip and Chair of the Consumer Protection and Commerce Subcommittee of the Energy and Commerce Committee, and Congresswoman Rosa DeLauro (D-Conn.), Chairwoman of House Appropriations Committee, Congresswoman Barbara Lee (D-Calif.), Congresswoman Ayanna Pressley (D-Mass.), and Congresswoman Katie Porter (D-Calif.) today announced the introduction of the … Continue Reading
February 10, 2022
Warren, Porter Seek Answers on Troubling New Allegations of Wells Fargo's Atrocious Behavior and FINRA's Ability to Effectively Police the Financial System
Washington, D.C. - United States Senator Elizabeth Warren (D-Mass), a member of the Senate Banking, Housing, and Urban Affairs Committee and the Senate Finance Committee, and Congresswoman Katie Porter (D-Calif.) sent a letter to the Financial Industry Regulatory Authority (FINRA) questioning new reports of misbehavior by Wells Fargo that raise concerns about the the self-regulatory organization’s ability to fairly and effectively police the financial system. The letter comes after … Continue Reading
February 10, 2022
At Hearing, Senator Warren Calls Out Private Equity and Other Wall Street Investors for Locking Families Out of Housing Opportunities and Exacerbating Inflation by Jacking Up Prices
Video of Hearing ExchangeAmerican Homes 4 Rent Response | Progress Residential Response | Invitation Homes ResponseWashington, D.C. - During a hearing of the Senate Banking, Housing, and Urban Affairs (BHUA) Committee, United States Senator Elizabeth Warren (D-Mass.) called out private equity firms and other big investors for exacerbating inflation and locking families out of affordable housing opportunities. Senator Warren highlighted the need to release the housing market from Wall … Continue Reading
February 10, 2022
Warren Urges SEC to Act Quickly to Issue Strong Climate Risk Disclosure Rule
Washington, D.C. — United States Senator Elizabeth Warren (D-Mass.) wrote a letter to Gary Gensler, Chairman of the U.S. Securities and Exchange Commission (SEC), about the delayed release of the SEC’s proposed climate change disclosure rule, which would require public companies to disclose details about the climate-related risks they face. Senator Warren has long advocated for the public disclosure of climate-related information, such as the amount of energy companies buy and how they … Continue Reading
February 10, 2022
In Response to Senator Warren, Federal Reserve Nominees Make Historic Ethics Commitments
Washington, D.C. — United States Senator Elizabeth Warren (D-Mass.) has secured significant ethics commitments from Professor Sarah Bloom Raskin, nominee to serve as Vice Chair for Supervision on the Federal Reserve Board of Governors, and Drs. Lisa Cook and Philip Jefferson, nominees to serve as members of the Board of Governors. The nominees agreed to a four year recusal period from matters which they oversee on the Board of Governors, not to seek a waiver from these recusals, and not … Continue Reading
February 09, 2022
Warren, Schatz, Colleagues Urge President Biden to Step Up Efforts to Demilitarize Police
Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.), along with Senators Brian Schatz (D-Hawaii), Ron Wyden (D-Ore.), Tammy Baldwin (D-Wis.), Chris Van Hollen (D-Md.), Tina Smith (D-Minn.), Bernie Sanders (I-Vt.), Edward J. Markey (D-Mass.), Sherrod Brown (D-Ohio), and Bob Casey (D-Pa.) wrote a letter to President Joe Biden, calling on him to step up efforts to demilitarize the police. The senators urged President Biden to take executive action and reform certain Department of Defense … Continue Reading
February 09, 2022
Senators Warren, Daines Introduce New Bipartisan Bill To Ban Members of Congress from Owning and Trading Stocks
Washington, D.C. — Today, United States Senators Elizabeth Warren (D-Mass.), Steve Daines (R-Mont.), Marsha Blackburn (R-Tenn.), and Debbie Stabenow (D-Mich.) introduced new, bipartisan legislation to ban Members of Congress and their spouses from owning and trading stocks. The legislation is the first bipartisan proposal in the Senate to prevent members of Congress from owning and trading stock. Representatives Pramila Jayapal (D-Wash.) and Matt Rosendale (R-Mont.) are introducing the … Continue Reading
February 09, 2022
At Hearing, Warren Makes Case for Big, Bold Investments To Ensure Child Care Is Affordable and Accessible for Millions of Families
Video of Hearing ExchangeWashington, D.C. - At today’s Senate Finance Committee hearing, United States Senator Elizabeth Warren (D-Mass.) made the case for bold investments in child care as the economy and American families recover from the pandemic. Even before the pandemic, the child care industry was in crisis, but the economic fallout from COVID-19 made it impossible for many providers to keep their doors open. COVID has forced more than 10,000 child care providers to close their … Continue Reading
February 09, 2022
Warren, Grassley Lead Bipartisan Call On FDA to Finalize Rule on OTC Hearing Aids Without Delay
Washington, D.C. — United States Senators Elizabeth Warren (D-Mass.) and Chuck Grassley (R-Iowa) led their colleagues in a letter to Janet Woodcock, Acting Commissioner of the U.S. Food and Drug Administration, expressing support for key provisions in the FDA’s proposed rule for regulating over-the-counter (OTC) hearing aids. The FDA’s proposed rule is a direct result of the Over-the-Counter Hearing Aid Act, which Grassley and Warren ushered through Congress with broad bipartisan … Continue Reading
February 08, 2022
Sen. Warren, Rep. Lee, Colleagues Urge Defense Department to Address Climate Crisis Risks in Upcoming National Defense Strategy
Washington, D.C. — United States Senator Elizabeth Warren (D-Mass.), a member of the Senate Armed Services Committee (SASC), and Congresswoman Barbara Lee (D-Calif.), a member of the House Committee on Appropriations, urged Department of Defense (DoD) Secretary Lloyd J. Austin, III to ensure that efforts to combat climate change are included in the DoD’s upcoming National Defense Strategy, and called for recommendations for the federal budget that reflect the urgency of the climate … Continue Reading
February 08, 2022
At Hearing, Warren Secures Commitment from Pentagon Nominee to Prioritize Reforms to Mitigate Civilian Casualties
Washington, D.C. — During a Senate Armed Services Committee (SASC) hearing, United States Senator Elizabeth Warren (D-Mass.), questioned LTG Michael “Erik” Kurilla’s, nominee to be General and Commander of United States Central Command, about civilian casualties that have resulted from U.S. operations. In the past two decades, the U.S. military operations have killed tens of thousands of innocent people despite Congressional oversight, dozens of watchdog groups raising the alarm and … Continue Reading
February 08, 2022
Warren Calls On DOJ to Take Aggressive Action to Enforce Antitrust Laws As Giant Corporations Raise Consumer Prices to Highest Levels in Decades
Washington, D.C. — United States Senator Elizabeth Warren (D-Mass.) wrote a letter to Attorney General Merrick Garland and Deputy Attorney General Lisa Monaco calling on the DOJ to take more aggressive action against corporations violating antitrust laws to hike prices for consumers. In the letter, Senator Warren called out major poultry firms, big pharmaceutical companies, and other industries notorious for their price-fixing schemes, that have received only ineffectual penalties for … Continue Reading
February 08, 2022
Warren, Van Hollen, Blumenthal Call On Department of Education to Deliver Additional Relief to Student Loan Borrowers Cheated by Navient
Washington, D.C. - United States Senators Elizabeth Warren (D-Mass.), Chris Van Hollen (D-Md.), and Richard Blumenthal (D-Conn.) sent a letter to Secretary of Education Miguel Cardona urging him to provide additional relief for student loan borrowers affected by Navient’s decades-long record of deceptive and abusive practices. While the historic $1.85 billion multi-state settlement against Navient provides critical and long overdue relief for borrowers cheated by the company, millions of … Continue Reading
February 07, 2022
Warren, Colleagues Call On Chase to Address Reports of Predatory Robo-Signing
Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.), along with fellow members of the Senate Banking, Housing, and Urban Affairs Committee, Chair Sherrod Brown (D-Ohio), and Senators Robert Menendez (D-N.J), Tina Smith (D-Minn), Chris Van Hollen (D-Md.), and Raphael Warnock (D-Ga.), sent a letter asking JPMorgan Chase (Chase) to address concerns about the company’s credit card collection practices, including their practice of robo-signing to sue customers. The senators reminded Chase … Continue Reading
February 04, 2022
Warren, Colleagues Urge Biden Administration to Consider Limiting Liquefied Natural Gas Exports As Energy Prices Rise for Americans Households
Washington, D.C. - United States Senator Elizabeth Warren (D-Mass.) joined Senators Jack Reed (D-R.I.), Angus King (I-Maine), and seven others in a letter to Secretary of Energy Jennifer Granholm, urging her and the Biden administration to consider limiting liquefied natural gas (LNG) exports to reduce prices for American families. As LNG exports hit record-high levels, American consumers are footing the bill and facing an energy crisis this winter.“We can’t let energy companies squeeze … Continue Reading
February 04, 2022
Warren Joins Shaheen, Collins in Bipartisan Call on President Biden to Fund PFAS Research & Remediation in FY2023 Budget
Washington, D.C. - United States Senator Elizabeth Warren (D-Mass.) joined Senators Jeanne Shaheen (D-N.H), Susan Collins (R-Maine) and 30 other senators in a bipartisan letter urging President Biden to prioritize robust funding to combat per- and polyfluoroalkyl substances (PFAS) in the fiscal year (FY) 2023 budget request to Congress. In the letter, the senators ask for funding to support agencies and programs that will help close gaps in PFAS research, protect public health and the … Continue Reading