Press Releases
Warren, Markey and Massachusetts Delegation Seek Answers from Cerberus Over Private Equity Firm’s Role in Creating Steward Health Care’s Financial Challenges
Boston, MA - United States Senators Elizabeth Warren (D-Mass.) and Edward J. Markey (D-Mass.), along with all nine members of the Massachusetts congressional delegation, sent a letter to Cerberus seeking answers from the private equity firm for its role in creating the current financial challenges at Steward hospitals, which threaten access to medical care for thousands of people in eastern Massachusetts. “We are particularly concerned about the extent to which Cerberus and its affiliates … Continue Reading
February 15, 2024
Warren, Baldwin, Casey, Schakowsky Reintroduce Legislation to Crack Down on Price Gouging by Giant Corporations
Washington, D.C. - Today, United States Senators Elizabeth Warren (D-Mass.), Tammy Baldwin (D-Wisc.), and Bob Casey (D-Pa.) and Rep. Jan Schakowsky (D-Ill.) reintroduced the Price Gouging Prevention Act of 2024, which would protect consumers and prohibit corporate price gouging. The bill would authorize the Federal Trade Commission (FTC) and state attorneys general to enforce a federal ban against grossly excessive price increases, regardless of a seller’s position in a supply … Continue Reading
February 14, 2024
Warren, Markey Urge Massachusetts Department of Correction to Carefully Review Corizon and Wellpath Bids and Maximize Accountability of Health Services Provider in State Prisons
Washington, D.C. - As the Massachusetts Department of Correction (DoC) began the process of evaluating bidders to provide health services to its network of prisons, U.S. Senators Elizabeth Warren (D-Mass.) and Edward J. Markey (D-Mass.) sent a letter to Massachusetts DoC Commissioner Carol Mici, urging her to carefully review the track records of Wellpath and YesCare (“Corizon”), which are possible bidders to become the next healthcare provider for Massachusetts prisons. The senators also … Continue Reading
February 14, 2024
Warren, Markey, Keating Question Private Equity Firm Bregal Partners on Blue Harvest Bankruptcy and Impact on New Bedford Fishing Industry
New Bedford, MA - United States Senators Elizabeth Warren (D-Mass.), Edward J. Markey (D-Mass.), and Rep. William R. Keating (D-Mass) sent a letter to Managing Partner of Bregal Partners Charles Yoon to seek information on the November 2023 sale of bankrupt Blue Harvest Fisheries and the failure to pay over $100 million in debts owed to more than 1,000 independent contractors, businesses, and other creditors. “Bregal’s actions with respect to Blue Harvest have left local small businesses … Continue Reading
February 14, 2024
Warren Secures Unprecedented Ethics Commitments from OECD Ambassador Nominee; former Congressman Sean Patrick Maloney Pledges Not to Work for Crypto Firms for Four Years After Government Service
Washington, D.C. - Today, U.S. Senator Elizabeth Warren (D-Mass.) announced that she secured unprecedented ethics commitments from former Congressman Sean Patrick Maloney, President Biden's nominee for U.S. ambassador to the Organisation for Economic Co-operation and Development (OECD). If confirmed, Congressman Maloney has agreed to: Immediately resign from all private sector advising work, Recuse himself from all matters involving the companies he has had a previous working … Continue Reading
February 13, 2024
Warren, Booker, Senators Call for Swift Action to Assist Family Members of American Citizens Trapped in Gaza
Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.) joined Senator Cory Booker (D-N.J.), and 14 colleagues calling on Secretary of State Antony Blinken and Secretary of Homeland Security Alejandro Mayorkas to expand assistance for relatives of U.S. citizens stranded in Gaza. The senators expressed concerns about the current limited eligibility criteria for State Department assistance and advocated for the inclusion of additional family members beyond current practices. They also urged … Continue Reading
February 13, 2024
Warren Statement on Supplemental Vote
Washington, D.C. - Today, United States Senator Elizabeth Warren (D-Mass.) released the following statement regarding her vote for the supplemental bill: “For the last six months, Republican lawmakers have held hostage aid for Ukraine while our ally fights for its freedom and democracy against Putin’s invasion. Congress’ support for Ukraine is more urgent than ever after Donald Trump’s latest threats to abandon the NATO alliance. This bill also delivers funding for the security of mosques and … Continue Reading
February 13, 2024
Warren, Markey Call on Labor Department to More Closely Track Nonprofit Workers’ Employment Data
Washington, D.C. - United States Senators Elizabeth Warren (D-Mass.) and Edward J. Markey (D-Mass.) sent a letter to Acting Secretary of Labor Julie Su, and Office of Management and Budget (OMB) Director Shalanda Young, urging the Department of Labor (DOL) to incorporate nonprofit workforce data into the Bureau of Labor Statistics (BLS) Quarterly Census of Employment and Wages (QCEW). The senators are urging DOL to include $4 million in its Fiscal Year 2025 budget request to track this data in … Continue Reading
February 12, 2024
Warren, Padilla, Senators Push Funding Increase for FEMA’s Shelter and Services Program
Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.) along with U.S. Senators Alex Padilla (D-Calif.), Michael Bennet (D-Colo.), Cory Booker (D-N.J.), Laphonza Butler (D-Calif.), Tammy Duckworth (D-Ill.), Dick Durbin (D-Ill.), Kirsten Gillibrand (D-N.Y.), and Martin Heinrich (D-N.M.) submitted an amendment to the Emergency National Security Supplemental Appropriations Act of 2024 that would provide $5 billion for the Federal Emergency Management Agency’s (FEMA) Shelter and Services … Continue Reading
February 09, 2024
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