Press Releases

May 17, 2023

Chairing Subcommittee on Economic Policy, Senator Warren Highlights Need for Legislative Reforms to Promote Accountability, Transparency at Federal Reserve

Washington, D.C. – Today, chairing a hearing of the Senate Banking, Housing, and Urban Affairs Committee Subcommittee on Economic Policy, Senator Elizabeth Warren (D-Mass.) questioned Federal Reserve Inspector General Mark Bialek and a panel of academic experts on the independence of the IG office and the regulatory and supervisory failures that contributed to Silicon Valley Bank’s collapse. Senator Warren also highlighted her ongoing efforts to push for legislative reforms like … Continue Reading


May 17, 2023

Warren, Lawler, Lawmakers Reintroduce Bipartisan Bill Honoring WWII Cadet Nurses

Washington, DC – United States Senators Elizabeth Warren (D-Mass.), Susan Collins (R-Maine), Steve Daines (R-Montana) and Angus King (I-Maine) and U.S. Representatives Mike Lawler (R-N.Y.), Brian Fitzpatrick (R-Pa.), Chris Deluzio (D-Pa.), and Eleanor Holmes Norton (D-D.C.) reintroduced the U.S. Cadet Nurse Corps Service Recognition Act, a bill honoring women who served in the U.S. Cadet Nurse Corps during WWII with honorary veteran status. The bill would recognize former Cadet Nurses' … Continue Reading


May 17, 2023

Ahead of Subcommittee Hearing, Senators Warren, Scott Criticize Failures of Fed IG, Introduce Bipartisan Legislation to Eliminate Conflicts of Interest and Promote Accountability at the Fed

Washington, D.C. – U.S. Senators Elizabeth Warren (D-Mass.) and Rick Scott (R-Fla.) sent a letter to Federal Reserve (Fed) Inspector General (IG) Mark Bialek, reiterating the need to make his position a presidentially-appointed, Senate-confirmed role to provide greater accountability at the Fed. Mr. Bialek will be testifying in front of Sen.Warren at a Senate Banking Subcommittee hearing on Wednesday. The letter was sent in response to several concerns he had raised about S. 915, the … Continue Reading


May 17, 2023

Warren Rebukes Weak Fed Ethics Rules, Inspector General for Contributing to Culture of Corruption by Failing to Hold Fed Officials Accountable

Washington, D.C. – U.S. Senator Elizabeth Warren, Chair of the Senate Banking, Housing, and Urban Affairs Subcommittee on Economic Policy, sent a letter to Mark Bialek,, Inspector General (IG) of the Federal Reserve (Fed), rebuking the IG for his failure to hold Fed Chair Powell and senior Fed officials accountable for major ethics breaches, and the IG’s sham investigation of the Fed trading scandal, both of which undermine his recommendations for strengthening the Fed’s … Continue Reading


May 16, 2023

Heeding Warren’s Call, IRS Unveils Free E-File Program

Washington, D.C. – United States Senator Elizabeth Warren (D-Mass.) released the following statement on the decision by the U.S. Department of Treasury and the Internal Revenue Service (IRS) to implement a pilot program to allow Americans to file tax returns digitally and free of charge. “For years, I urged the IRS to create an easy and free way for Americans to file their taxes. Hardworking families deserve better than to be ripped off by giant tax prep companies, wasting time … Continue Reading


May 16, 2023

At Hearing, Warren Blasts Former SVB and Signature Bank CEOs for Keeping Millions After Recklessly Crashing Banks

Washington, D.C. – At a hearing of the Senate Banking, Housing, and Urban Affairs Committee, U.S. Senator Elizabeth Warren (D-Mass.) blasted the former CEOs of Silicon Valley Bank (SVB) and Signature Bank (Signature) for lobbying Congress to weaken banking regulations, loading up their banks with risk, ignoring regulators’ warnings, and crashing their banks – all while keeping their multi-million dollar paychecks.  Senator Warren highlighted that Gregory Becker, … Continue Reading


May 16, 2023

At the Request of Senators Warren, Hirono, and Representatives Raskin, Houlahan, GAO to Review Oversight of JROTC Program Following Reports of Sexual Abuse and Misconduct

Washington, D.C. – U.S. Senators Elizabeth Warren (D-Mass.) and Mazie Hirono (D-Hawaii), both members of the Senate Armed Services Committee, along with Representatives Jamie Raskin (D-Md.), Robert Garcia (D-Calif.), Stephen F. Lynch (D-Mass.), Sylvia Garcia (D-Texas), and Chrissy M. Houlahan (D-Pa.), applauded the Government Accountability Office (GAO) for launching a review of the Junior Reserve Officers Training Corps (JROTC) program. Following disturbing reports of sexual misconduct … Continue Reading


May 16, 2023

ICYMI: On Senate Floor, Senator Warren Delivers Speech on Republicans’ Reckless Debt Ceiling Proposal and Unworkable Red Tape

Washington, D.C. – U.S. Senator Elizabeth Warren (D-Mass.) delivered a speech on the Senate Floor blasting Republicans’ proposals that would hold the U.S. economy hostage and weaponize red tape to strip away health care and other critical assistance from millions of families, while actually throwing nearly 800,000 Americans out of work next year. The full text of her remarks is available below. Remarks as Prepared by Senator Elizabeth WarrenMay 15, 2023 Kevin McCarthy and House … Continue Reading


May 15, 2023

Senators Warren, Hirono, Lawmakers Call for GAO Review of JROTC Program Following Pervasive Reports of Sexual Abuse and Misconduct

Washington, D.C. – U.S. Senator Elizabeth Warren joined Senator Mazie K. Hirono (D-Hawaii), both members of the Senate Armed Services Committee, along with Representatives Jamie Raskin (D-Md.), Robert Garcia (D-Calif.), Stephen F. Lynch (D-Mass.), Sylvia Garcia (D-Texas), and Chrissy M. Houlahan (D-Pa.), in sending a letter to the Government Accountability Office (GAO) urging the agency to conduct a comprehensive review of federal agencies and military services tasked with oversight of … Continue Reading


May 15, 2023

Warren, Sanders, Lee Call on Departments of Defense and State to Improve Tracking and Monitoring of U.S.-Origin Weapons

Washington, D.C. – U.S. Senators Elizabeth Warren (D-Mass.), Chair of the Senate Armed Services Subcommittee on Personnel, Bernie Sanders (I-Vt.) and Mike Lee (R-Utah) sent letters to the Department of Defense (DoD) and the Department of State (State), raising serious concerns about failures of the Departments’ tracking and monitoring of U.S.-origin weapons, which undermines efforts to prevent and mitigate civilian harm resulting from U.S. military operations or caused by … Continue Reading


May 15, 2023

ICYMI: In Military Times Op-Ed, Senator Warren Urges Next Joint Chiefs Chairman to Make Strong Ethics Commitments, Warns Against Pentagon-Defense Industry Revolving Door

Op-Ed in Military Times Washington, D.C. – U.S. Senator Elizabeth Warren (D-Mass.) published a new op-ed in the Military Times addressing how the Department of Defense’s revolving door with the defense industry undermines public confidence and fails to honor the sacrifices service members and their families make to keep this country safe. Ahead of President Joe Biden’s announcement of a new Chairman of the Joint Chiefs of Staff, Senator Warren urges the next chairman to make … Continue Reading


May 12, 2023

ICYMI: Defense Secretary Highlights Risks of Republican Senator’s Reckless Nominations Holds

Washington, D.C. – United States Senator Elizabeth Warren (D-Mass.) has led congressional efforts to reverse Republicans’ reckless and dangerous holds on high level military nominations. On May 5, 2023, she received a response from Defense Secretary Lloyd Austin urging swift action to confirm all U.S. general and flag officers and highlighting how Senator Tommy Tubervillle’s (R-Ala.) indefinite holds preventing the Senate from advancing 196 senior Department of Defense … Continue Reading


May 11, 2023

Warren, McGovern, Pressley Seek Answers from Massachusetts Department of Correction on Reports Alleging Lack of Accommodations for Incarcerated Individuals with Hearing Disabilities

Boston, MA - United States Senator Elizabeth Warren (D-Mass), alongside Representatives Jim McGovern (D-Mass.) and Ayanna Pressley (D-Mass.), sent a letter to Carol Mici, Commissioner of the Massachusetts Department of Correction (DOC) expressing concern about numerous reports that individuals incarcerated at DOC facilities across Massachusetts are being denied access to accommodations for hearing disabilities, allegedly in violation of a federal settlement agreement. In the letter, the … Continue Reading


May 11, 2023

At Hearing, Senator Warren Calls for Federal Legalization of Marijuana, Highlights Need for Passage of the SAFE Banking Act

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 need for the SAFE Banking Act, which would create a safe harbor from prosecution, asset forfeiture, or other liability for financial institutions that serve cannabis businesses, as a critical step toward helping cannabis businesses access safe banking services and protecting workers from the safety risks of working in cash-only … Continue Reading


May 10, 2023

Secretary of Defense, in Letter to Sen. Warren, Warns That Senate Republicans’ Indefinite Delay on Military Nominations Jeopardizes National Security

Washington, D.C. – U.S. Senators Elizabeth Warren (D-Mass.), Chair of the Senate Armed Services Subcommittee on Personnel, Jack Reed (D-R.I.), Chair of the Senate Armed Services Committee, and Senate Majority Leader Chuck Schumer (D-N.Y.) today released a letter from Secretary of Defense Lloyd J. Austin III, highlighting how Senator Tommy Tubervillle’s (R-Ala.) indefinite holds preventing the Senate from advancing 196 Department of Defense military nominees poses a clear risk to … Continue Reading


May 09, 2023

Senator Warren Leads Lawmakers in Reintroducing the Presidential Conflicts of Interest Act

Washington, D.C. — United States Senator Elizabeth Warren (D-Mass.), along with 22 of her Senate colleagues, reintroduced the Presidential Conflicts of Interest Act, legislation that would require the President and Vice President to disclose and divest any potential financial conflicts of interest. The bill would also require presidential appointees to recuse themselves from any matters involving the president's financial conflicts of interest that come before their agencies. Senator … Continue Reading


May 09, 2023

Senators Warren, Brown, Lawmakers Seek Answers from Credit Card Issuers on Exorbitant Late Fees

Washington, D.C. – U.S. Senator Elizabeth Warren (D-Mass.), along with Senators Sherrod Brown (D-Ohio), Chair of the Senate Banking, Housing, and Urban Affairs Committee, Jack Reed (D-R.I.), Richard Blumenthal (D-Conn.), Tammy Baldwin (D-Wis.), Peter Welch (D-Vt.), and Bernie Sanders (I-Vt.), sent a letter to ten of the largest credit card issuers – PNC, JPMorgan Chase, Capital One, Citigroup, Discover, Bank of America, American Express, Wells Fargo, US Bancorp, and USAA … Continue Reading


May 04, 2023

Warren, Markey Moulton Demand Answers Following Explosion at Newburyport Pharmaceutical Chemical Plant

Boston, MA — Following a chemical explosion this morning at a pharmaceutical manufacturing facility in Newburyport, Massachusetts that killed one worker and left four workers injured, U.S. Senators Elizabeth Warren (D-Mass.) and Edward J. Markey (D-Mass.) and U.S. Representative Seth Moulton (D-Mass.) sent a letter to Seqens North America, the facility’s owner, demanding answers about the explosion and the facility’s history of serious and repeated safety violations. The … Continue Reading


May 04, 2023

At Hearing, Warren and Senior Intelligence Officials Confirm Crypto’s Threats to National Security

  Washington, D.C. – At a hearing of the Senate Armed Services Committee, U.S. Senator Elizabeth Warren (D-Mass.) questioned senior intelligence officials about crypto’s threats to national security as the method of choice for countries to evade sanctions and fund weapons programs, support spying, and promote cyber attacks.  In response to Senator Warren’s questions, Lieutenant General Scott Berrier, Director of the Defense Intelligence Agency, confirmed that … Continue Reading


May 04, 2023

At Hearing, Senator Warren Highlights Importance of Strong Clawback Legislation

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 importance of passing strong legislation to provide the Federal Deposit Insurance Corporation (FDIC) with the necessary authority to claw back executive pay whenever banks collapse, regardless of the specific process the FDIC uses to pick up the pieces. Following the recent collapse of First Republic Bank – the second-largest … Continue Reading

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