Press Releases
ICYMI: At Hearing, Warren Calls Out Medicare Advantage Insurers for Using AI to Deny Care and Boost Profits
Washington, D.C. — At a hearing of the Senate Committee on Finance, U.S. Senator Elizabeth Warren (D-Mass.) questioned Dr. Michelle Mellow, professor of Health Policy and of Law at Stanford University, and Dr. Ziad Obermeyer, Blue Cross of California Distinguished Professor at the University of California Berkeley, on the use of AI algorithms by private Medicare Advantage (MA) insurers to make coverage decisions. Senator Warren expressed deep concerns about findings from recent investigations … Continue Reading
February 08, 2024
At Hearing, Warren and Yellen Confirm Importance of Strong Bank Capital Standards
Washington, D.C. - At a hearing of the Senate Banking, Housing, and Urban Affairs Committee, U.S. Senator Elizabeth Warren (D-Mass.) called out giant banks’ lobbying against stronger capital requirements in order to protect their profits and executive compensation. Senator Warren made clear that the new Fed’s proposed Basel III rule to strengthen capital requirements for banks with more than $100 billion in assets would help protect the financial system from taxpayer-funded bailouts and would … Continue Reading
February 08, 2024
Warren, Markey Urge Senate Colleagues to Keep Cape Cod Bridge Replacement Funds in 2024 Appropriations Bill
Washington, D.C. - U.S. Senators Elizabeth Warren (D-Mass.) and Edward J. Markey (D-Mass.) sent a letter to U.S. Senate Appropriations Subcommittee on Energy and Water Development Interim Chair Patty Murray (D-Wash.) and Ranking Member John Kennedy (R-La.), urging the Senators to ensure the final Fiscal Year 2024 (FY24) Energy and Water Development Appropriations bill includes $350 million in funding to help replace the Cape Cod bridges. The appropriations bill passed by the Senate Energy and … Continue Reading
February 07, 2024
Warren, Doggett, King, 75 Lawmakers Urge Biden Administration to Lower Prescription Drug Prices
Washington, D.C.— U.S. Senators Elizabeth Warren (D-Mass.) and Angus King (I-Maine) and U.S. Representative Lloyd Doggett (D-Texas) led 75 lawmakers to urge the Biden administration to strengthen and finalize its guidance to protect taxpayers and lower prescription drug prices. The lawmakers submitted a public comment supporting the “Interagency Guidance Framework for Considering the Exercise of March-In Rights” and calling for changes to ensure increased transparency, oversight, and … Continue Reading
February 07, 2024
Warren, Casten Urge BAE Systems to Refrain from Stock Buybacks After Receiving CHIPS Act Funds
Washington, D.C. - Senator Elizabeth Warren (D-Mass.) and Rep. Sean Casten (D-Ill) sent a letter to the President and CEO of BAE Systems, Inc. (“BAE Systems,” “BAE”) regarding the preliminary agreement between BAE Systems and the Department of Commerce to award $35 million in CHIPS and Science Act federal grant funds to the company. This is the first CHIPS grant awarded by Commerce. In the letter, the lawmakers express concern over BAE Systems’ history of engaging in massive stock buyback … Continue Reading
February 05, 2024
Warren, Markey Urge Schumer, McConnell, Senate Appropriation Leaders to Provide Robust Disaster Relief Funding for Massachusetts Farmers
Washington, D.C. - U.S. Senators Elizabeth Warren (D-Mass.) and Edward J. Markey (D-Mass.) sent a letter to Senate Majority Leader Chuck Schumer (D-N.Y.), Minority Leader Mitch McConnell (R-Ky.), Appropriations Chair Patty Murray (D-Wash.), and Appropriations Vice Chair Susan Collins (R-Maine), urging them to include robust funding for the United States Department of Agriculture (USDA) in the final FY24 appropriations package to compensate Massachusetts farmers for losses caused by natural … Continue Reading
February 02, 2024
ICYMI: At Hearing, Commander of Indo-Pacific Command Agrees with Senator Warren on Dangers of North Korea’s Use of Cryptocurrency to U.S. National Security
Washington, D.C. - United States Senator Elizabeth Warren (D-Mass.), Chair of the Senate Armed Services Subcommittee on Personnel, highlighted the dangers of cryptocurrency to U.S. national security during her exchange with Admiral Samuel Paparo, Nominee to be the Commander of Indo-Pacific Command (INDOPACOM). During their exchange, Admiral Paparo agreed with Senator Warren that North Korea’s reliance on cryptocurrency to evade sanctions and fund its illegal nuclear and missile programs … Continue Reading
February 02, 2024
ICYMI: At Hearing, Experts Agree with Warren that Stablecoins and Crypto Pose Threats to American Consumers
Washington, D.C. - At a hearing of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, Senator Elizabeth Warren (D-Mass.) called out criminals and foreign countries like North Korea for using crypto to defraud and scam Americans out of billions of dollars each year. Senator Warren called for action on her bipartisan Digital Asset Anti-Money Laundering Act, which would help close loopholes in anti-money laundering rules and make it easier for financial regulators to track … Continue Reading
February 01, 2024
Warren Urges Justice Department Scrutiny of Corizon’s Bankruptcy System Abuse
Washington, D.C. - United States Senator Elizabeth Warren (D-Mass.) sent a letter to Tara Twomey, Director of the Executive Office for United States Trustees, and Kevin M. Epstein, U.S. Trustee for the Southern and Western Districts of Texas, raising concerns about the abuse of the bankruptcy system by Corizon Health, Inc. (Corizon) and urging the U.S. Trustee to: Promptly assess the merits of asking the judge to dismiss Corizon’s bankruptcy Oppose the new bankruptcy plan on the basis that … Continue Reading
February 01, 2024
Warren, Blumenthal, Sanders, Porter Blast Intuit for Evading Questions About Its Massive Tax Breaks
Washington, D.C. - U.S. Senators Elizabeth Warren (D-Mass.), Richard Blumenthal (D-Conn.), and Bernie Sanders (I-Vt.), and U.S. Representative Katie Porter (D-Calif.) sent a response to Intuit, blasting the company for its failure to answer basic questions the lawmakers asked in their January 2, 2024 letter seeking an accounting of the expenses underlying the company’s massive federal research tax breaks. In 2022, Intuit received $94 million in federal research tax credits, while … Continue Reading
January 31, 2024
At Hearing, Warren Presses Republican Nominee to Social Security Advisory Board Over His Record Advocating for Steep Cuts to Benefits
Washington, D.C. —Today, at a hearing of the U.S. Senate Committee on Finance, U.S. Senator Elizabeth Warren (D-Mass.) questioned Andrew G. Biggs, Republican nominee to the Social Security Advisory Board (SSAB), over his highly concerning record advocating for cuts to the Social Security program. Senator Warren pressed Mr. Biggs on his opposition to raising the payroll tax cap for the wealthy - which allows tech giants like Elon Musk and Jeff Bezos to pay just as much to fund the program as … Continue Reading
January 30, 2024
Warren, Schatz Urge Biden Administration to Pressure Netanyahu on Two-State Solution Comments
Washington, D.C. - Today, following Prime Minister Netanyahu’s rejection of Palestinian sovereignty, U.S. Senator Elizabeth Warren (D-Mass.) and Senator Brian Schatz (D-Hawai’i) sent a letter to Secretary of State Antony J. Blinken pressing the Biden administration on its support for the Netanyahu government. Senators Warren and Schatz seek more clarification on the administration’s position on the direction of the Netanyahu government for bringing the hostages home and enhancing Israeli … Continue Reading
January 30, 2024
Warren, Fetterman, Schumer, Senators Urge Biden Administration to Swiftly Deschedule Marijuana
Washington, D.C. - U.S. Senators Elizabeth Warren (D-Mass.) and John Fetterman (D-Pa.), led nine of their Democratic colleagues, including U.S. Senate Majority Leader Chuck Schumer (D-N.Y.), in sending a letter to U.S. Attorney General Merrick Garland and U.S. Drug Enforcement (DEA) Administrator Anne Milgram, urging them to remove marijuana from Schedule I of the Controlled Substances Act (CSA). The letter comes after an August 2023 recommendation from the U.S. Department of Health & … Continue Reading
January 29, 2024
Warren, DeLauro, 31 Lawmakers Express Concerns about Department of Commerce Review of Vietnam’s Nonmarket Economy Status
Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.), a member of the Senate Finance Committee, and U.S. Representative Rosa DeLauro (D-Conn.), Ranking Member of the House Appropriations Committee, led 31 lawmakers in letters to Secretary of Commerce Gina Raimondo, expressing significant concerns with the Department of Commerce’s (Commerce) review of Vietnam's status as a nonmarket economy (NME) under U.S. trade law and arguing there is significant evidence suggesting Vietnam does not … Continue Reading
January 29, 2024
Warren, McGovern Lead Bicameral Coalition Pressing Biden Administration for Bypassing Congress to Approve Arms Transfers to Israel
Washington, D.C. - Today, U.S. Senator Elizabeth Warren (D-Mass.) and U.S. Representative Jim McGovern (D-Mass.) led a bicameral coalition of lawmakers in sending a letter to Secretary of State Antony J. Blinken, requesting additional information on the administration’s decision to circumvent congressional review of arms transfers to Israel and whether these deals sufficiently considered civilian harm risks. The letter comes after the Biden administration exercised emergency authorities twice … Continue Reading
January 29, 2024
Senator Warren Statement on Steward Health Care
Boston, MA - Today, United States Senator Elizabeth Warren (D-Mass.) released the following statement regarding Steward Health Care: “I am deeply concerned by Steward Health Care’s grave financial situation and appalled by allegations of patient neglect at Steward facilities. I organized a briefing for the congressional delegation to press Steward for answers on the status of its Massachusetts hospitals. Steward’s explanations for its failings do not add up. It’s clear that Steward executives … Continue Reading
January 29, 2024
Warren, Senators to Federal Reserve: Cut Interest Rates to Help Address Affordable Housing Crisis
Washington, D.C. - U.S. Senators Elizabeth Warren (D-Mass.), a member of the Senate Banking, Housing, and Urban Affairs Committee, John Hickenlooper (D-Colo.), Jacky Rosen (D-Nev.), and Sheldon Whitehouse (D-R.I.) sent a letter to Federal Reserve (Fed) Chair Jerome Powell, calling on the Fed to reverse its troubling interest rate hikes that have driven mortgage rates to 20-year highs and have put affordable housing out of reach for too many Americans. “(H)igh interest rates have aggravated … Continue Reading
January 26, 2024
Warren, Jayapal Call for Action Against Private Medicare Advantage Insurers that Waste Taxpayer Dollars and Unlawfully Deny Care
Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.), a member of the Senate Finance Committee, and U.S. Representative Pramila Jayapal (D-Wash.) sent a letter to the Centers for Medicare and Medicaid Services (CMS) urging the agency to take administrative action to curb billions in overpayments to Medicare Advantage (MA) insurers. The lawmakers called on CMS to (1) address perverse incentives in MA’s payment system, including favorable selection and risk code gaming, (2) reform the … Continue Reading
January 25, 2024
At Hearing, Warren Calls for Robust Federal Role in Overseeing Assisted Living Facilities, Blasts Private Equity for Declining Quality of Care
Washington, D.C. —Today, at a hearing of the Senate Special Committee on Aging, U.S. Senator Elizabeth Warren (D-Mass.) questioned Richard Mollot, Executive Director of the Long-term Care Community Coalition, on the current state of assisted living facilities in the United States and called for a larger, more robust federal role in overseeing these facilities to ensure seniors in need receive high quality care. Presently, assisted living facilities have virtually no federal oversight. In … Continue Reading
January 25, 2024
At Hearing, Senator Warren Highlights Impact of Climate Change on Flood Insurance System and Urges Biden Admin to Gather More Data
Washington, D.C. - Today, during a Senate Banking Committee hearing, United States Senator Elizabeth Warren (D-Mass.) called for the Biden Administration to swiftly finalize its data call about the effects of climate change on the insurance market—and to collect all the data necessary to understand our gaps in insurance coverage and the right regulatory response. During the hearing, the Senator highlighted the rise in flooding events due to climate change, and Michael Hecht, President & … Continue Reading