Press Releases
Warren, Senators Blast JPMorgan Chase for Reversal of Climate Commitments
Washington, D.C. - U.S. Senators Elizabeth Warren (D-Mass.), Sheldon Whitehouse (D-R.I.), Ed Markey (D-Mass.), Jeff Merkley (D-Ore.), Bernie Sanders (D-Vt.), and Peter Welch (D-Vt.) wrote to JPMorgan Chase (JPM) CEO Jamie Dimon, criticizing his company’s about-face on nearly two decades of climate and environmental commitments and raising questions about whether JPM has been misleading investors and the public. Over nearly two decades, JPM made several “binding commitments” on climate and … Continue Reading
July 10, 2024
Warren, Jacobs, Lawmakers Raise Alarms about Military Housing Conditions, Failures to Hold Private Housing Companies Accountable
Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.), a member of the Senate Armed Services Committee, and Representative Sara Jacobs (D-Calif.), a member of the House Armed Services Committee, led Senator Tim Kaine (D-Va.), Senator Jon Ossoff (D-Ga.), Representative Ro Khanna (D-Calif.), and Representative James Moylan (R-Guam) in calling out the Department of Defense (DoD) for failing to protect military families living in military housing operated by private companies under the … Continue Reading
July 10, 2024
ICYMI: At Hearing, Warren Calls for Long-Term, Permanent Investments in Child Care to Support Working Families
Washington, D.C. — At a hearing of the U.S. Senate Committee on Finance — the first hearing of the Committee on child care in 30 years — U.S. Senator Elizabeth Warren (D-Mass.) questioned Dr. Megan Pratt, assistant professor of practice at the Oregon State University College of Health, and Fatima Goss Graves, president and CEO of the National Women’s Law Center, on investments in child care that would help families and the U.S. economy, including increasing the Child Care Entitlement to States … Continue Reading
July 09, 2024
At Hearing, Warren Slams Powell for Cozying-Up to Big Banks and Inaction on Executive Compensation Reform, Calls for Rulemaking that Protects Stability of the American Economy
Washington, D.C. — At a hearing of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, U.S. Senator Elizabeth Warren (D-Mass.) slammed Federal Reserve (Fed) Chair Jerome Powell for his inaction on executive compensation reform, allowing executives of the country’s largest banks to gamble with their bank’s finances and risk the stability of the American economy. In 2010, Congress passed the Dodd-Frank Act, which mandated new regulations or guidelines on incentive-based … Continue Reading
July 03, 2024
Warren Slams Powell for Cozy Relationship with Bank Executives, Weak Banking Rules
Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.) wrote to Jerome Powell, Chair of the Federal Reserve System (Fed) regarding his cozy relationships with bank executives and their influence on Fed policy. Dozens of private meetings and conversations between Powell and big bank executives appear to have stopped progress on crucial banking reforms like increasing bank capital requirements, reforming bank executive compensation structure, and strengthening reviews of potential bank … Continue Reading
July 03, 2024
Warren, Markey Urge Owners Of Steward’s Eight Massachusetts Hospitals to Offer Lease Concessions to Protect Hospitals’ Viability
April 2024 Response from MPT | April 2024 Response from MIP | May 2024 Response from MPT Washington, D.C. - U.S. Senators Elizabeth Warren and Ed Markey (D-Mass.) wrote to Medical Properties Trust (MPT) and Macquarie Infrastructure Partners (MIP) ahead of the July 15, 2024 bid deadline for Steward Health Care’s (Steward’s) Massachusetts hospitals, urging them to offer lease concessions to ensure that new operators can be found to keep Steward’s eight Massachusetts hospitals open and … Continue Reading
July 03, 2024
Warren, King, Bennet, and Beyer to Treasury: Quickly Finalize Strong Rules for Corporate Minimum Tax on Billionaire Corporations
Washington, D.C. — U.S. Senators Elizabeth Warren (D-Mass.), Angus King (I-Maine), Michael Bennett (D-Colo.), and U.S. Representative Don Beyer (D-Va.) called on Treasury Secretary Janet Yellen (Treasury) to fully implement the 15% Corporate Alternative Minimum Tax (CAMT) signed into law by President Biden in the Inflation Reduction Act two years ago. Despite having previously indicated that rules would be released in early 2024, Treasury has yet to finalize key rules that would address … Continue Reading
July 01, 2024
Warren Statement on Supreme Court Decision on Corner Post v. Board of Governors of the Federal Reserve
Washington, D.C. - Following today’s Supreme Court decision in Corner Post v. Board of Governors of the Federal Reserve, Senator Elizabeth Warren (D-Mass.) issued the following statement: “For every federal law passed in the last forty years, Congress understood that agency experts would execute the will of democratically elected representatives and that court challenges would occur during a short, defined time period. That was settled law until this week. Today’s decision, along with the … Continue Reading
July 01, 2024
Warren Statement on Supreme Court Decision in Trump v. United States
Washington, D.C. - Following today’s Supreme Court decision in Trump v. United States, Senator Elizabeth Warren (D-Mass.) issued the following statement: “An extremist Supreme Court stacked by Donald Trump has ruled that the President is above the law. Six right-wing justices have given the President free rein to abuse the power of the presidency without constraint. If Donald Trump were President, could he get away with telling the Justice Department to make up dirt to put his political … Continue Reading
July 01, 2024
Warren, Casten, Foster, Jayapal to Commerce: No CHIPS Funding for Stock Buyback Subsidies
Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.) and Representatives Sean Casten (D-Ill.) Bill Foster (D-Ill.), and Pramila Jayapal (D-Wash.) wrote to the Secretary of Commerce Gina Raimondo, urging the Department of Commerce (Commerce) to use its full statutory authority to ensure taxpayer dollars from the Creating Helpful Incentives to Produce Semiconductors (CHIPS) Act does not directly or indirectly fund stock buybacks and other shareholder distributions. The CHIPS Act of 2022 … Continue Reading
July 01, 2024
Warren, Pocan, Garamendi Call For DoD, FTC, DOJ Scrutiny of TransDigm Acquisitions
Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.) and Representatives Mark Pocan (D-Wis.) and John Garamendi (D-Calif.) wrote to the Department of Defense (DoD), Federal Trade Commission (FTC), and Department of Justice (DOJ), urging them to review TransDigm Group Inc.’s (TransDigm’s) acquisitions of two specialized aerospace contractors, SEI Industries LTD (SEI Industries) and Raptor Labs Holdco, LLC (Raptor Scientific). “Given TransDigm’s rapid pace of acquisitions and … Continue Reading
July 01, 2024
Warren, Schakowsky Slam Largest Nursing Home Lobbying Groups for “Sabotaging” Biden Administration’s Minimum Nurse Staffing Rules that Improve Quality of Care for Seniors
Washington, D.C. — U.S. Senator Elizabeth Warren (D-Mass.) and U.S. Representative Jan Schakowsky (D-Ill.) sent a letter to two of the largest trade associations representing the nursing home industry — the American Health Care Association (AHCA) and LeadingAge — slamming them for opposing the Centers for Medicare & Medicaid Services’ (CMS’s) final rule that would, for the first time, set a national floor for minimum nurse staffing requirements in Medicare and Medicaid-certified nursing … Continue Reading
June 27, 2024
Warren, Carter, Rounds, Welch, Lawmakers Slam Pharmacy Benefit Manager Express Scripts for Harming Service Members with Anti-Competitive Tactics
Washington, D.C. — U.S. Senators Elizabeth Warren (D-Mass.), Mike Rounds (R-S.D.), Peter Welch (D-Vt.), U.S. Representative Buddy Carter (R-Ga.), and 20 other lawmakers sent a letter to Assistant Secretary of Defense for Health Affairs Dr. Lester Martinez-Lopez and Director of the Defense Health Agency (DHA) Lieutenant General Telita Crosland, raising concerns over Express Scripts’ exclusive contract to administer TRICARE’s pharmacy program, the healthcare system for the military, retirees, … Continue Reading
June 27, 2024
Senator Warren Statement on Supreme Court Decision on EMTALA
Washington, D.C. - Today, following the Supreme Court’s decision in Moyle v. U.S., the case that weighed the Emergency Medical Treatment and Active Labor Act (EMTALA), Senator Elizabeth Warren released the following statement: “The Supreme Court decided to wait until after the election to tell Americans whether women who are in crisis can get the emergency medical care they need. The Supreme Court doesn’t get the final word on abortion - the American people … Continue Reading
June 27, 2024
Senator Warren Statement on Supreme Court Decision on Purdue Pharma
Washington, D.C. - Today, following the Supreme Court’s decision on Harrington v. Purdue Pharma L.P., Senator Elizabeth Warren released the following statement: “The Sackler family made a fortune from hooking people to opioids that killed hundreds of thousands of Americans, and then tried to use the bankruptcy system to keep their money. The Supreme Court closed this bankruptcy loophole, but that doesn’t make things right for the millions of people who have lost loved ones to opioid … Continue Reading
June 26, 2024
Warren, Pressley Applaud Federal Investment in Massachusetts to Address Affordable Housing Barriers
Washington, D.C. - Today, the U.S. Department of Housing and Urban Development (HUD) awarded the Metropolitan Area Planning Council, the regional planning agency for the Greater Boston area, a $3 million grant under the Pathways to Removing Obstacles to Housing (PRO Housing) program to address key barriers to affordable housing development. “With these grants, the federal government is partnering with states and cities to develop new and innovative ways to lower housing costs. Building new … Continue Reading
June 26, 2024
GAO Accepts Warren, Lawmakers’ Request to Review DoD Efforts on TBI and Blast Overpressure
Washington, D.C. - In response to a request from lawmakers led by Senators Elizabeth Warren (D-Mass.), Chair of the Senate Armed Services Personnel Subcommittee; Joni Ernst (R-Iowa), Ranking Member of the Senate Armed Services Emerging Threats and Capabilities Subcommittee; and Representatives Ro Khanna (D-Calif.) and Elise Stefanik (R-N.Y.), both members of the House Armed Services Committee, the U.S. Government Accountability Office (GAO) announced that it will review the Department of … Continue Reading
June 18, 2024
At Hearing, Warren Urges Adequate Cash Assistance for Disabled and Low-Income Seniors Receiving Supplemental Security Income, Calls for Reforms to Improve Program, Lower Administrative Costs
Warren: “SSI is supposed to keep Americans with disabilities out of poverty, but it offers below-poverty-level support, punishes recipients for working, and punishes recipients for saving, all while burdening SSA and wasting taxpayer dollars.” Video of Exchange (01:42:43-1:47:27) Washington, D.C. — At a hearing of the U.S. Senate Committee on Finance, U.S. Senator Elizabeth Warren (D-Mass.) questioned Social Security Administration Associate Commissioner Susan B. Wilschke, about concerns … Continue Reading
June 18, 2024
Warren Pushes Federal Reserve to Finalize Increased Basel III Bank Capital Requirements
Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.) wrote to Federal Reserve (the Fed) Chair Jerome Powell amid public reports that he is giving in to JPMorgan CEO Jamie Dimon’s demands and intends to halve the Fed’s proposed increase in bank capital requirements. Senator Warren urged Chair Powell to allow the Fed Board to convene for a vote on the original, 16% capital increase by June 30. Following the 2008 market crash, global financial regulators determined that the capital … Continue Reading
June 17, 2024
Warren, Whitehouse, Van Hollen Applaud Treasury and IRS Crackdown on Partnership Shell Games
Closing this major loophole is expected to raise $50 billion in tax revenue over the next ten years. Washington, D.C. - Following today’s announcement from the Treasury Department (Treasury) and the Internal Revenue Service (IRS), U.S. Senators Elizabeth Warren (D-Mass.), Sheldon Whitehouse (D-R.I.), and Chris Van Hollen (D-Md.) released the following statements celebrating the closure of a major tax loophole: “Our tax code needs to work for everyone, not just those at the top. Closing … Continue Reading