Press Releases
Warren, Merkley, Warnock, Blumenauer, 16 Lawmakers Push For New Marijuana Banking Guidance for Fairer Access to Financial Services for Legal Marijuana Businesses
Washington, D.C. - U.S. Senators Elizabeth Warren (D-Mass.), Jeff Merkley (D-Ore.), Raphael Warnock (D-Ga.) and U.S. Representative Earl Blumenauer (D-Ore.) led 16 lawmakers in a letter to Secretary of the Treasury Janet Yellen and Financial Crimes Enforcement Network (FinCEN) Director Andrea Gacki, asking FinCEN to update its out-of-date guidance on marijuana-related businesses to promote fairness in financial services for marijuana businesses operating in states where marijuana is no longer … Continue Reading
November 15, 2023
ICYMI: At Banking Committee Hearing, Warren Calls on Federal Reserve to Finalize Strong Capital Rules to Safeguard the Economy
Washington, D.C. — Yesterday, at a hearing of the Committee on Banking, Housing and Urban Affairs, U.S. Senator Elizabeth Warren (D-Mass.) questioned Michael Barr, Vice Chair for Supervision at the Federal Reserve, on a proposed rule to strengthen capital requirements for big banks. The proposed rule, an implementation of the Basel III Endgame agreement, would raise capital requirements for banks with more than $100B in assets. The rule also comes in the wake of the SVB, Signature, and First … Continue Reading
November 09, 2023
At Hearing, Warren Calls for End of Trump Tax Cuts for Giant Corporations
Washington, D.C. - At a hearing of the Senate Finance Committee, U.S. Senator Elizabeth Warren (D-Mass.) called out efforts by lobbyists for giant corporations trying to extend three of the biggest corporate giveaways in the Trump tax cuts: bonus depreciation, R&D expensing, and looser limits on net interest deduction. In questioning with Chye-Ching Huang, the Executive Director of New York University Law School’s Tax Law Center, Senator Warren unpacked how corporations use accounting … Continue Reading
November 09, 2023
Warren to FTC after Big Pharma Merger: Preserve Competition, Reject Behavioral and Structural Remedies
Washington, D.C. - United States Senator Elizabeth Warren (D-Mass.) sent a letter to Federal Trade Commission (FTC) Chair Lina Khan and Commissioners Bedoya and Slaughter expressing disappointment with the FTC’s proposed consent order allowing pharmaceutical giant Amgen to move forward with its acquisition of Horizon Therapeutics (Horizon) and urging the FTC to reject the use of behavioral and structural remedies going forward. In the letter, the Senator underscores FTC’s responsibility to … Continue Reading
November 09, 2023
Senator Warren, Representative Frost Call for Action from Bank CEOs Against Financing Gun Violence
Washington, D.C. — United States Senator Elizabeth Warren (D-Mass.) and Representative Maxwell Alejandro Frost (D-Fla.) sent a letter to six major financial institutions — BlackRock, JPMorgan Chase, Vanguard, Bank of America, Blackstone, and Wells Fargo — calling on them to provide critical information on their efforts to end their financial investments in the gun industry. “2023 is now on track to be the deadliest year of mass shootings in recent memory — with the most lethal shooting of … Continue Reading
November 09, 2023
ICYMI: Senator Warren Secures Commitments on Hearing Health and Medicare Advantage Priorities During Senate Finance Committee Markup of Health Care Package
Washington, D.C. — At a Senate Finance Committee markup of the Better Mental Health Care, Lower-Cost Drugs, and Extenders Act, U.S. Senator Elizabeth Warren (D-Mass.) highlighted the need to do more to prioritize hearing health for our seniors and strengthen transparency in Medicare Advantage, and secured commitments from Senate Finance Committee leadership to prioritize these proposals in future packages. Senator Warren highlighted her legislation with Senators Rand Paul (R-Ky.) and Chuck … Continue Reading
November 09, 2023
Senator Warren Seeks Answers from Clover Health Following Disclosure of $200,000 Stock Award for Medicare and Social Security Public Trustee Nominee
Washington, D.C. — United States Senator Elizabeth Warren (D-Mass.) sent a letter to Clover Health CEO Andrew Toy, seeking information on equity payments received this year by Mr. Demetrios Kouzoukas, who is currently serving on the Board of Directors of Clover Health. Mr. Kouzoukas was nominated in January to serve as a Public Trustee on the Boards of Trustees that oversee the Social Security and Medicare trust funds. Ahead of Mr. Kouzoukas’s confirmation vote last week, he submitted new … Continue Reading
November 08, 2023
Warren Joins Van Hollen, Murphy, Schatz, Reed, Majority of Democratic Caucus Ask Biden Administration for More Information on Strategy to Defeat Hamas, Protect Civilians in Gaza
Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.) joined Senators Chris Van Hollen (D-Md.), Chris Murphy (D-Conn.), Brian Schatz (D-Hawaii), and Jack Reed (D-R.I.) and the majority of the Senate Democratic Caucus in a letter to President Biden, condemning the brutal terror attacks by Hamas, expressing support for immediate funding to replenish Israel’s defensive systems, and seeking information on two clear U.S. priorities: supporting an Israeli strategy that will effectively degrade … Continue Reading
November 07, 2023
Warren, Markey, Campbell Applaud Julia Kobick’s Confirmation to U.S. District Court for the District of Massachusetts
Washington, D.C. - United States Senators Elizabeth Warren (D-Mass.) and Edward J. Markey (D-Mass.) and Massachusetts Attorney General Andrea Joy Campbell released the following statements after the Senate voted to confirm Massachusetts Deputy State Solicitor Julia Kobick to the United States District Court for the District of Massachusetts, the 150th Biden-nominated judge to be confirmed by the Senate: “We are delighted that the Senate confirmed Julia Kobick to the United States District … Continue Reading
November 07, 2023
Warren, Schakowsky Lead 10 Lawmakers Commending Biden Administration for Countering Big Tech Influence in Trade Negotiations
Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.), a member of the Senate Finance Committee, and U.S. Representative Jan Schakowsky (D-Ill.), Ranking Member of the House Energy and Commerce Committee Subcommittee on Innovation, Data, and Commerce, led 10 lawmakers in a letter to President Joe Biden, commending his administration’s actions countering Big Tech’s influence in trade negotiations, and asking him to replace “digital trade” provisions lobbied for by Big Tech in Indo-Pacific … Continue Reading
November 06, 2023
Warren, Cassidy Call for Stricter Guardrails Following Report that Service Members’ Data is Carelessly Sold to Advertisers, Posing Major National Security Risk
Washington, D.C. - United States Senators Elizabeth Warren (D-Mass.), Chair of the Senate Armed Services Subcommittee on Personnel, and Bill Cassidy, M.D. (R-La.) released the following statements after Duke University published a report highlighting the detail, ease, and volume at which data brokers are selling the personal data of U.S. service members to web addresses located both in the United States and abroad: “Data brokers are selling sensitive information about service members and … Continue Reading
November 03, 2023
Warren, Markey Call for “Full, Rapid, Safe, and Unhindered Humanitarian Assistance” in Gaza, “Unconditional Release” of Hostages
Washington, D.C. — United States Senators Elizabeth Warren (D-Mass.) and Ed Markey (D-Mass.) sent a letter to National Security Advisor Jake Sullivan and Secretary of State Antony Blinken, urging the Biden administration to take additional steps to bring Americans and Hamas-held hostages home, as well as providing necessary relief to the millions of innocent Palestinians trapped in Gaza. The lawmakers reiterated concerns raised in a letter they previously sent about Americans who remain in … Continue Reading
November 03, 2023
ICYMI: At Hearing, Senator Warren Highlights Unique Burden of Medical Debt on Servicemembers, Applauds CFPB Action to Remove Medical Debt from Credit Reports
Washington, D.C. — At a hearing of the Senate Banking, Housing, and Urban Affairs (BHUA) Committee, U.S. Senator Elizabeth Warren (D-Mass.) discussed the impact of medical debt on servicemembers, highlighting complaints submitted by servicemembers to the Consumer Financial Protection Bureau (CFPB) about collection attempts for bills they did not owe. Senator Warren applauded the CFPB’s recently announced rulemaking process to remove medical debt from credit reports as beneficial to … Continue Reading
November 03, 2023
Ahead of Key Meeting, Warren Urges Financial Stability Oversight Council to Address Risks from Giant Nonbank Financial Institutions
Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.) sent a letter to Secretary of the Treasury Janet Yellen, in her capacity as Chair of the the Financial Stability Oversight Council (FSOC) urging FSOC to finalize its proposed interpretive guidance on nonbank financial company designations, and to use those authorities to designate and subject nonbank entities to heightened regulation to mitigate the risks they pose to the stability of the financial system. The letter was sent the day … Continue Reading
November 02, 2023
Warren, Garcia Introduce Ammunition Modernization and Monitoring Oversight Act
Washington, D.C. — U.S. Senators Elizabeth Warren (D-Mass.), Richard Blumenthal (D-Conn.) and Representatives Robert Garcia (D-Calif.) and Debbie Wasserman Schultz (D-Fla.) introduced the Ammunition Modernization and Monitoring Oversight (AMMO) Act, legislation that would restrict bulk sales of ammunition, require businesses who sell ammunition to obtain the same federal license as firearm dealers, and require businesses to conduct a background check on ammunition buyers. The AMMO Act would … Continue Reading
November 02, 2023
Warren, Whitehouse, Cohen, Lawmakers Urge Biden Administration to Eliminate Investor-State Dispute Settlement from Existing U.S. Trade and Investment Agreements
Washington, D.C. — Today, U.S. Senators Elizabeth Warren (D-Mass.) and Sheldon Whitehouse (D-R.I.) and Representative Steve Cohen (D-Tenn.) led over 35 lawmakers in sending a letter to U.S. Trade Representative (USTR) Katherine Tai and Secretary of State Antony Blinken urging them to use any and all tools at their disposal, including the Americas Partnership for Economic Prosperity (APEP), a framework for regional cooperation with participating countries in the Americas that they are leading, … Continue Reading
November 02, 2023
Warren, Murphy, Pressley, Lawmakers Reintroduce Bicameral Legislation to End Criminalization of Students, Invest in Counselors, Safer Environment for Kids
Washington, D.C. — Today, U.S. Senators Elizabeth Warren (D-Mass.) and Chris Murphy (D-Conn.), along with Representative Ayanna Pressley (D-Mass.), reintroduced the Counseling Not Criminalization in Schools Act, legislation that would invest in safe learning environments for students and address over-policing in K-12 schools across the country. Research shows that the presence of mental and behavioral health personnel in schools, like counselors, social workers, and psychologists improves … Continue Reading
November 02, 2023
Warren, 7 Senators Ask Department of Homeland Security to Improve Migrants’ Access to Work Authorization Documents
Washington, D.C. - United States Senators Elizabeth Warren, Ed Markey (D-Mass.), Tammy Duckworth (D-Ill.), Ben Ray Luján (D-N.M.), Peter Welch (D-Vt.), Richard Blumenthal (D-Conn.), Mazie Hirono (D-Hawaii), and Bernie Sanders (I-Vt.) sent a letter to Secretary of the Department of Homeland Security (DHS) Alejandro Mayorkas and U.S. Citizenship and Immigration Services (USCIS) Director Ur Jaddou, commending DHS for the steps it has taken to expand access to employment authorization documents … Continue Reading
November 02, 2023
Ahead of Confirmation Vote, Senator Warren Releases New Information on Medicare and Social Security Public Trustee Nominee’s Financial Conflicts of Interest
Washington, D.C. — United States Senator Elizabeth Warren (D-Mass.) sent a letter to Demetrios Kouzoukas, President Biden’s nominee to serve as Public Trustee on the Boards of Trustees for the Social Security and Medicare trust funds, raising additional concerns about Mr. Kouzoukas’s financial conflicts of interest following disturbing new revelations, and reiterating her request that he commit to leave his Board of Directors role at Clover Health or withdraw his nomination. “As a Public … Continue Reading
November 01, 2023
Senators Warren, Sanders, Welch, Merkley Raise Concern Amid Invasion and Potential Occupation of Gaza
Washington, D.C. — United States Senators Elizabeth Warren (D-Mass.), Bernie Sanders (I-Vt.), Peter Welch (D-Vt.), and Jeff Merkley (D-Ore.) sent a letter to President Biden expressing serious concern about what the invasion and potential occupation of Gaza could mean, both in terms of the long-term security of Israel and the well-being of the Palestinian residents of the territory. “Israel suffered a barbaric attack and is well within its rights to defend itself in keeping with international … Continue Reading
