Press Releases
Warren Calls on DOJ and SEC to Open Criminal and Civil Investigations into Facebook's Potential Violations of U.S. Wire Fraud and Securities Laws
Washington, D.C. - United States Senator Elizabeth Warren (D-Mass.) sent a letter to United States Attorney General Merrick Garland and Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC), urging the Department of Justice (DOJ) and SEC to open criminal and civil investigations into Facebook to determine if the company or its executives violated U.S. wire fraud and securities laws. Documentation in the public record, bolstered by whistleblower Frances Haugen’s recent … Continue Reading
December 08, 2021
Warren, Schumer, Pressley Release New Analysis Showing that Resuming Student Loan Payments Will Strip $85 Billion from the Economy in 2022
Washington, D.C. - United States Senator Elizabeth Warren (D-Mass.), Majority Leader Chuck Schumer (D-N.Y.), Representative Ayanna Pressley (D-Mass.) sent a bicameral letter to President Joseph R. Biden releasing new data about the adverse economic impact of restarting student loan payments and calling on him to act without delay to cancel up to $50,000 of student debt. According to the new analysis from from the Roosevelt Institute, which was provided to the members of Congress at … Continue Reading
December 08, 2021
Warren, Markey Statement on Confirmation of Rachael Rollins as U.S. Attorney for the District of Massachusetts
Washington, D.C. - Senators Elizabeth Warren (D-Mass.) and Edward J. Markey (D-Mass.) released the following statement today after the Senate voted to confirm Suffolk County District Attorney Rachael Rollins to serve as U.S. Attorney for the District of Massachusetts. Senators Warren and Markey recommended District Attorney Rollins as their candidate for the U.S. Attorney role.“We were glad to recommend District Attorney Rachael Rollins to serve as U.S. Attorney for the District of … Continue Reading
December 07, 2021
Warren Slams Hertz $2B Stock Buyback Plan, Calls for Rental Car Giant to Explain Why It’s Rewarding Executives and Private Equity Firm as Rental Car Costs Soar
WASHINGTON, D.C. — United States Senator Elizabeth Warren (D-Mass.) is slamming Hertz’s $2 billion dollar buyback plan which would line the pockets of company executives and the private equity firm Apollo Global Management, while stiffing consumers with soaring rental car costs. Hertz, which was loaded with debt before the pandemic, was unable to withstand the economic fallout of COVID-19 and filed for bankruptcy in May 2020. Yet, as thousands of employees were laid off, the company … Continue Reading
December 07, 2021
Senator Warren Announces Alex Sarabia as Communications Director
Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.) announced that Alex Sarabia joined her office as Communications Director. Sarabia joins Warren’s office after serving as Communications Director and Senior Advisor for Congressman Joaquin Castro (TX-20). He previously worked on Secretary Julián Castro and Senator Warren’s presidential campaigns, for San Antonio Mayor Ron Nirenberg, and at the U.S. Department of Housing and Urban Development during the Obama administration.“I’m … Continue Reading
December 07, 2021
Warren Renews Call for Release of Information on Federal Reserve Stock Trading Scandal
WASHINGTON, D.C. — United States Senator Elizabeth Warren (D-Mass.) called on Federal Reserve (Fed) Chair Jerome Powell to immediately release information related to Fed officials’ trading scandals and warnings from the Fed ethics office against personal trading that they received as the Fed took dramatic steps to protect the economy at the height of the COVID-19 pandemic. In September 2021, reports indicated that high-ranking Fed officials had engaged in trades of individual stocks and … Continue Reading
December 07, 2021
ICYMI: Warren Calls for More Robust Antitrust Enforcement to Protect Economy, Consumers, Workers, and Data
Anticompetitive Behavior by Technology Companies Drives Supply Chain Crisis, Increases Prices for Consumers, Exploits Workers, and Weakens Privacy ProtectionsWashington, D.C. — In case you missed it, during a hearing of the Senate Finance Subcommittee on Fiscal Responsibility and Economic Growth, United States Senator Elizabeth Warren (D-Mass.) questioned witnesses about how consolidation in the technology industry has driven the supply chain crisis, while also giving corporations the … Continue Reading
December 07, 2021
At Hearing, Warren Pushes for Stronger Antitrust Laws to Protect Economy, Consumers, Workers, and Data Privacy
Video of RemarksWashington, D.C. — Today, chairing a hearing of the Senate Finance Subcommittee on Fiscal Responsibility and Economic Growth, United States Senator Elizabeth Warren (D-Mass.) delivered remarks on the effects of increased consolidation and anticompetitive behavior in the technology sector, which give large corporations the ability to hike up prices for American consumers and hold down wages, benefits, and working conditions for workers - key factors driving inflation in … Continue Reading
December 06, 2021
Senator Warren, Castro, Cicilline, and Jayapal Urge Justice Department to Investigate Proposed Merger of Discovery and WarnerMedia for Violations of Antitrust Laws
Washington D.C. - U.S. Senator Elizabeth Warren (D-Mass.), Congressman Joaquin Castro (D-Texas), Congressman David Cicilline (D-R.I.), Chair of the Antitrust Subcommittee, Congresswoman Pramila Jayapal (D-Wash.), Chair of the Congressional Progressive Caucus, and 29 other members of Congress sent a letter to U.S. Attorney General Merrick B. Garland and Assistant Attorney General Jonathan Kanter urging the Department of Justice to investigate the proposed $43 billion merger of Discovery … Continue Reading
December 03, 2021
Warren and Colleagues Press Federal Loan Servicers on Plans to Support Borrowers
Washington, D.C. - United States Senator Elizabeth Warren (D-Mass.), along with Senators Chris Van Hollen (D-Md.), Richard Blumenthal (D-Conn.), and Tina Smith (D-Minn.) sent a letter to four federal loan servicers — Nelnet, Oklahoma Student Loan Authority (OSLA), Higher Education Loan Authority of the State of Missouri (MOHELA), and EdFinancial — requesting updated information on the steps the companies are taking to transition millions of federal student loan borrowers … Continue Reading
December 02, 2021
As Cryptomining Operations Grow in the U.S., Senator Warren Raises Concerns over Exponentially Growing Energy Use, Climate Impact, and Costs to Consumers
Washington, D.C. — United States Senator Elizabeth Warren (D-Mass.) is raising concerns over cryptomining’s extraordinarily high energy usage, its impact on climate, and rising electricity costs for consumers as operations grow in the United States. Bitcoin mining operations tripled their annual power consumption since 2019, consuming as much energy as Washington State and rivaling the total energy usage of countries like Denmark, Chile, and Argentina. In a letter to Greenidge Generation … Continue Reading
December 02, 2021
Warren to Deliver Floor Speech on the Nomination of Suffolk County District Attorney Rachael Rollins to Serve as U.S. Attorney for the District of Massachusetts
“I urge my colleagues to set aside nasty, personal attacks on a supremely well-qualified woman, and to support the discharge and ultimate confirmation of Rachael Rollins, a supremely qualified candidate who is ready to serve on day one, as the next U.S. Attorney for the District of Massachusetts.”WASHINGTON, D.C. — Today, United States Senator Elizabeth Warren (D-Mass.) took to the Senate floor to deliver remarks in support of the nomination of Suffolk County District Attorney Rachael … Continue Reading
December 01, 2021
Senators Warren, Markey and Congressman Keating Statement on EPA Region 1 Announcement of Sole Source Aquifer Review Process Including Public Participation for Proposed Multi-Purpose Machine Gun Range Project at Joint Base Cape Cod
Washington, D.C. - Senator Elizabeth Warren (D-Mass.), Senator Edward J. Markey (D-Mass.), and Congressman Bill Keating (MA-09) released the following statement today after the Environmental Protection Agency Region 1 decision to provide additional information and offer a public participation process for the Sole Source Aquifer review for the proposed Multi-Purpose Machine Gun Range at Joint Base Cape Cod. “We applaud EPA Region 1’s decision to provide additional information and offer public … Continue Reading
November 30, 2021
Senators Warren, Merkley, and Congressman Kahele Urge Armed Services Leaders to Retain Measure to Rescind Medals of Honor Awarded to the Perpetrators of the Wounded Knee Massacre
Washington, D.C. - United States Senator Elizabeth Warren (D-Mass.), a member of the Senate Armed Services Committee (SASC), Senator Jeff Merkley (D-Ore.), and Congressman Kaiali'i Kahele (D-Hawai'i), a member of the House Armed Services Committee (HASC), led a letter to the Chairs and Ranking Members of SASC and HASC, urging them to retain a provision that would revoke the Medals of Honor awarded to the perpetrators of the Wounded Knee Massacre in the final National Defense … Continue Reading
November 30, 2021
At Hearing, Warren Presses Federal Reserve Chair Powell on Vice Chair for Supervision’s Authority to Take Tough Regulatory Action
Warren: “[I]n the early 2000s, the Fed stood by and failed to use its authorities to regulate and supervise the biggest banks in this country, and the result was a financial crash that cost millions of families their jobs, millions their homes, and millions their savings. That’s why I believe that vigilant regulation is an essential part of the Fed’s job.”Video of Hearing ExchangeWashington, D.C. — Today, during a hearing of the Senate Committee on Banking, Housing, and Urban Affairs, United … Continue Reading
November 23, 2021
Warren Turns Up the Heat On Big Energy Companies’ Greed As They Jack Up Natural Gas Prices, Exporting Record Amounts To Boost Profits While Americans Foot the Bill
Washington, D.C. — U.S. Senator Elizabeth Warren (D-Mass.) is turning up the heat on big energy companies who are gaming the system by raising natural gas prices for consumers to boost profits and line the pockets of executives and investors. Recent reporting from the Wall Street Journal revealed that energy companies are exporting more natural gas than ever while limiting domestic supply, ensuring that consumers feel the burn of high energy prices this winter. In her letters to the … Continue Reading
November 22, 2021
Warren Calls for DOJ Investigation into Top Poultry Companies’ Anticompetitive Practices as Americans Face Record-High Turkey Prices Ahead of Thanksgiving
WASHINGTON, D.C. — United States Senator Elizabeth Warren (D-Mass.) today sent a letter to Jonathan Kanter, Assistant Attorney General of the Antitrust Division, calling on the Department of Justice (DOJ) to investigate major poultry companies’ anticompetitive practices that have lined the pockets of executives and shareholders while raising prices for families at the grocery store ahead of Thanksgiving. The price of turkey has increased by 24% over the past year, far outpacing other … Continue Reading
November 22, 2021
As Student Loan Servicer Maximus Assumes Navient’s Portfolio, Warren Questions Company’s Troubled History and Seeks Assurances that Borrowers Will Receive Protections and Services During Transition
Washington, D.C. - United States Senator Elizabeth Warren (D-Mass.), along with Senators Sherrod Brown (D-Ohio), Richard Blumenthal (D-Conn.), Tina Smith (D-Minn.), and Chris Van Hollen (D-Md.) sent a letter to Maximus, the student loan servicing company that is assuming Navient’s federal contract with the Department of Education (ED), questioning the company’s troubling history and seeking assurances that borrowers will receive appropriate services and protections during the … Continue Reading
November 22, 2021
Warren Statement on Federal Reserve Nominations
WASHINGTON, D.C. — Today, Senator Elizabeth Warren (D-Mass.) released the following statement on Jerome Powell, Lael Brainard, and the vacant Vice Chair of Supervision position:“It’s no secret I oppose Chair Jerome Powell’s renomination, and I will vote against him. I will support the President’s nomination of Lael Brainard as Vice Chair. Powell’s failures on regulation, climate, and ethics make the still-vacant position of Vice Chair of Supervision critically important. This position … Continue Reading
November 19, 2021
Warren, Sanders, Baldwin Question Private Equity Firms Apollo and Blackstone, on Warrior Met Coal Amid Ongoing Worker Strikes
Washington, D.C. - United States Senators Elizabeth Warren (D-Mass.), Bernard Sanders (I-Vt), and Tammy Baldwin (D-Wisc.) sent a letter to two private equity firms, Apollo Global Management (Apollo) and Blackstone, which previously owned Warrior Met Coal (Warrior Met), a mining company in Alabama whose workers have been on strike for the past seven months. In the letter, the senators highlight Apollo and Blackstone’s extractive practices and describe the role these private equity firms … Continue Reading
