Press Releases
At Hearing, Senator Warren Blasts Big Banks’ Predatory Overdraft Fees, Applauds Continued CFPB Oversight
Video of Exchange Washington, D.C. — At a hearing of the Senate Banking, Housing, and Urban Affairs (BHUA) Committee Subcommittee on Financial Institutions and Consumer Protection, U.S. Senator Elizabeth Warren (D-Mass.) blasted the big banks’ use of predatory overdraft fees and called on the CFPB to continue its oversight of these giant banks. Pennsylvania Attorney General Michelle Henry agreed with Senator Warren that big banks like Bank of America cannot be trusted to … Continue Reading
July 25, 2023
Following Hearing, Senators Warren, Scott Call Out Conflicts of Interest at Federal Reserve, Reiterate Need For an Independent Inspector General
Washington, D.C. – United States Senator Elizabeth Warren (D-Mass), Chair of the Senate Banking, Housing, and Urban Affairs Subcommittee on Economic Policy, and Senator Rick Scott (R-Fla.) sent a letter to Mark Bialek, Inspector General (IG) of the Federal Reserve (Fed), highlighting his inherent conflicts of interest and the need to make the position a Presidential-appointed, Senate-confirmed role. Two months ago, while chairing a hearing of the Senate Banking, Housing, and Urban … Continue Reading
July 21, 2023
At Hearing, Warren Pushes Back on United Network of Organ Sharing's Misinformation, Calls for Congress to Pass Legislation to Improve the System and Protect Patients
“The reforms that we proposed are a commonsense step that everyone should be able to agree on. Right now, Congress has an opportunity to root out corruption in this system. Video of Hearing Washington, D.C. — Today, during a hearing of the Senate Finance Subcommittee on Health, U.S. Senator Elizabeth Warren (D-Mass.) called out United Network of Organ Sharing’s (UNOS) misinformation, the only organization to ever hold the Organ Procurement and … Continue Reading
July 21, 2023
ICYMI: At Hearing, Senator Warren Calls for Reform of Deposit Insurance to Ensure Stability of Banking System
Washington, D.C. — At a hearing of the Senate Banking, Housing, and Urban Affairs Committee, U.S. Senator Elizabeth Warren (D-Mass.) called for reform of the deposit insurance system to hold big banks accountable and ensure the stability of our banking system. Specifically, Senator Warren called for reform to raise the FDIC insurance cap to protect business depositors at small banks, make Too Big to Fail banks and the banks with the highest levels of uninsured deposits cover more … Continue Reading
July 21, 2023
ICYMI: At Hearing, Warren Warns about Crypto’s Use by North Korea to Fund Nuclear Weapons Program and Evade to Sanctions
Washington, D.C. – At a hearing of the Senate Armed Services Committee, U.S. Senator Elizabeth Warren (D-Mass.) warned about the national security risks of rogue states using crypto to evade sanctions and fund their weapons programs, spying, and cyberattacks – calling out North Korea for stealing over $3 billion in crypto over the past 5 years, and using proceeds to fund its illegal nuclear weapons program. In response to Senator Warren’s questions, Lieutenant General … Continue Reading
July 21, 2023
Warren Requests Information on Impacts of Current and Future State of Bourne and Sagamore Bridges from Cape Cod Stakeholders
Boston, MA – U.S. Senator Elizabeth Warren (D-Mass.) sent letters to 36 Cape Cod community stakeholders, including state elected officials, local elected officials, Tribal leaders, and community organizations, seeking their input on how the aging Bourne and Sagamore Bridges are impacting communities, businesses, and residents on and around Cape Cod. Senator Warren is seeking this information as part of her effort to ensure the federal government lives up to its commitments to replace the … Continue Reading
July 21, 2023
Warren, Markey, McGovern, Neal Urge Agriculture Secretary to Designate Flood-Stricken Counties as Disaster Areas after Western Massachusetts Farms Sustain Heavy Losses
Boston, MA - United States Senators Elizabeth Warren (D-Mass.), Edward J. Markey (D-Mass.) and Congressmen Jim McGovern (D-Mass.) and Richard Neal (D-Mass.) sent a letter to U.S. Department of Agriculture (USDA) Secretary Thomas J. Vilsack and Farm Service Agency Administrator Zach Ducheneaux regarding the recent storms and floods in Massachusetts and urging the agency to act quickly to provide emergency assistance to support local recovery efforts in Massachusetts … Continue Reading
July 21, 2023
Senators Warren, Markey Secure $350M for Cape Cod Canal Bridges in FY24 Appropriations Bill
Washington, D.C. – United States Senators Elizabeth Warren (D-Mass.) and Ed Markey (D-Mass.) released the below statement on the inclusion of $350 million in federal funding for the Cape Cod Canal Bridges in the Senate’s Fiscal Year 2024 Energy and Water Development Appropriations bill, a major victory in their fight to secure federal funding for the project to replace the aging Bourne and Sagamore Bridges on Cape Cod. The funding provision matches a request from President Biden in … Continue Reading
July 20, 2023
At Hearing, Senator Warren Highlights Successful Projects in Massachusetts to Expand Housing Stock, Reiterates Need for Federal Investment to Address Nationwide Housing Shortage
Washington, D.C. — At a hearing of the Senate Special Committee on Aging, U.S. Senator Elizabeth Warren (D-Mass.) made the case for increased federal investments in programs to address housing shortages and affordability. Senator Warren highlighted projects across Massachusetts that have expanded housing supply by transforming commercial buildings and other non-residential properties for residential use. Dr. Jenny Schuetz, an expert in urban economics and housing policy, also confirmed … Continue Reading
July 19, 2023
Senators Warren, Paul, Grassley Renew Push for the Medicare Audiology Access Improvement Act
Washington, D.C. – United States Senators Elizabeth Warren (D-Mass), Rand Paul (R-Ky.), and Chuck Grassley (R-Iowa) led their colleagues in introducing the bipartisan Medicare Audiology Access Improvement Act, legislation to ensure that seniors and people with disabilities on Medicare are able to access a full range of hearing and balance health care services provided by licensed audiologists, who are trained and licensed in all 50 states and U.S. territories, including the District of … Continue Reading
July 19, 2023
Warren Applauds Updated Merger Guidelines
Washington D.C. – United States Senator Elizabeth Warren (D-Mass.) released the following statement after the U.S. Department of Justice (DOJ) and Federal Trade Commission (FTC) updated their merger guidelines: “After more than 40 years of lax antitrust enforcement, Assistant Attorney General Kanter and Chair Khan are stepping up to promote competitive markets, which is foundational for a vibrant economy and a healthy democracy. These merger guidelines are rooted in the laws … Continue Reading
July 19, 2023
Senators Warren, Blumenthal, Brown, Markey, Menendez, Van Hollen Seek Answers from Federal Loan Servicers on Plans to Support Borrowers Ahead of Student Loan Payment Restart
Washington, D.C. – United States Senators Elizabeth Warren (D-Mass), Richard Blumenthal (D-Conn.), Sherrod Brown (D-Ohio), Edward Markey (D-Mass.), Bob Menendez (D-N.J.), and Chris Van Hollen (D-Md.) sent letters to the federal loan servicers – Higher Education Loan Authority of the State of Missouri (MOHELA), Nelnet, EdFinancial, and Maximus Federal Services Inc. – requesting information about their plans to support the more than 40 million federal student loan borrowers who … Continue Reading
July 18, 2023
ICYMI: At Finance Subcommittee Hearing, Senator Warren Pushes Back On Republican Efforts to Weaponize Work Requirements for Child Tax Credit, Medicaid, Critical Assistance Programs
Washington, D.C. — Last week, during a hearing of the Senate Finance Subcommittee on Taxation and IRS Oversight, Senator Elizabeth Warren (D-Mass.) questioned President and Executive Director for the Center for Law and Social Policy, Indivar Dutta-Gupta, on the cruelty and wastefulness of work requirements for the Child Tax Credit (CTC), as well as Medicaid and other critical government assistance. During the hearing, Mr. Dutta-Gupta agreed with Senator Warren that work … Continue Reading
July 18, 2023
Warren Celebrates Automatic Student Debt Cancelation for Over 12,000 People in Massachusetts
As a result of Warren’s efforts to fix Income-Driven Repayment Plans, nearly $600 million dollars of student debt in Massachusetts will be canceled for people who have paid their loans for more than 20 years. Boston, MA - United States Senator Elizabeth Warren (D-Mass.) released the following statement following the U.S. Department of Education’s announcement that due to fixes of Income-Driven Repayment (IDR) plans implemented by the Biden-Harris Administration, 12,530 … Continue Reading
July 18, 2023
Senator Warren Joins Colleagues In Letter to DHS and State Department Urging the Redesignation of Venezuela and Nicaragua for Temporary Protected Status
Washington, D.C. – Today, U.S. Senator Elizabeth Warren (D-Mass.) alongside Senate Majority Whip Dick Durbin (D-Ill.), Senate Majority Leader Chuck Schumer (D-N.Y.), Senator Kirsten Gillibrand (D-N.Y.), and 22 of their colleagues sent a letter to Secretary of State Antony Blinken and U.S. Department of Homeland Security Secretary Alejandro Mayorkas to redesignate Venezuela and Nicaragua for Temporary Protected Status (TPS). TPS offers temporary relief from removal and access to work … Continue Reading
July 18, 2023
Senator Warren Urges Department of Education to Protect Borrowers By Overhauling Student Loan Collections Program
Washington, D.C. – United States Senator Elizabeth Warren (D-Mass) sent a letter to the Department of Education (ED) raising concern ahead of student loan payment pause expiration over plans to resume collecting on student loans and sharing recommendations to revamp the department’s student debt collection program. This letter comes after the Supreme Court’s decision to abandon the law and strike down the President’s August 2022 plan to cancel up to $20,000 in student … Continue Reading
July 17, 2023
Warren Calls on SEC to Investigate Tesla Board of Directors for Failures to Manage Elon Musk’s Conflicts of Interest in His Dual Role as CEO of Tesla and Twitter
Washington, D.C. – U.S. Senator Elizbeth Warren (D-Mass.), a member of the Senate Banking, House, and Urban Affairs Committee, sent a letter to the Chair of the Securities and Exchange Commission (SEC), Gary Gensler, calling on the SEC to open an investigation into Tesla and the Tesla Board of Directors’ (Board) failure to manage the actions of CEO Elon Musk in his dual role as CEO of Twitter and Tesla. “Mr. Musk’s actions since purchasing Twitter and becoming … Continue Reading
July 14, 2023
Senators Warren, Duckworth, Van Hollen, Blumenthal Call on Government Task Force to Adopt COVID-19 Testing as a Preventive Screening Tool
Washington, D.C. — U.S. Senators Elizabeth Warren (D-Mass.), Tammy Duckworth (D-Ill.), Chris Van Hollen (D-Md.) and Richard Blumenthal (D-Conn.) sent a letter to the United States Preventive Services Task Force (USPSTF), calling on Chair Michael Barry to recommend COVID-19 testing as a preventive screening tool, guaranteeing that insured patients will have access to testing with no charge and no co-pay. After the suspension of the administration’s Public Health Emergency for … Continue Reading
July 13, 2023
Warren, Senators Urge Justice Department to Do More to Protect Americans’ Right to Travel for Reproductive Health Care
Washington, D.C. – U.S. Senators Elizabeth Warren (D-Mass.), Dianne Feinstein (D-Calif.), Mazie Hirono (D-Hawaii), Peter Welch (D-Vt.), Raphael Warnock (D-Ga.), Alex Padilla (D-Calif.), Richard Blumenthal (D-Conn.), Kirsten Gillibrand (D-N.Y.), and John Fetterman (D-Pa.) wrote to the Department of Justice (DOJ), urging the Department to protect the right to travel and constitutional right to interstate travel following state-level efforts to impede women’s right to travel to other … Continue Reading
July 13, 2023
New Report From Warren, Warnock, Blumenthal: Uninsured Patients Face Significant Problems Getting Affordable Insulin
Washington, D.C. – United States Senators Elizabeth Warren (D-Mass.), Reverend Raphael Warnock (D-Ga.), and Richard Blumenthal (D-Conn.) released a new investigative report,: Unaffordable Insulin: Uninsured Americans Still Face High Costs at the Pharmacy Counter for Eli Lilly’s Authorized Generic. The report surveyed more than 300 pharmacies around the country to review the cost and availability at the pharmacy counter of Eli Lilly’s authorized generic Insulin Lispro, which … Continue Reading
