Press Releases
Warren, Jayapal Urge CMS to Examine ACO REACH Program for Medicare Fraud
Washington D.C. - U.S. Senator Elizabeth Warren (D-Mass.) and Representative Pramila Jayapal (D-Wash.) led a group of colleagues in sending a letter to Centers for Medicare and Medicaid Services (CMS) Administrator Chiquita Brooks-LaSure expressing concerns about the Accountable Care Organization Realizing Equity, Access, and Community Health (ACO REACH) program, which will start on January 1, 2023 and calling for an investigation into program participants with a history of fraud … Continue Reading
December 09, 2022
Warren, Lawmakers Call for Additional Emergency Food and Shelter Program Assistance for NGOs, States, and Localities Serving Migrant Families
Washington D.C. - U.S. Senator Elizabeth Warren (D-Mass.) joined Senator Alex Padilla (D-Calif.) and colleagues in sending a letter to the Senate Appropriations Committee urging them to include $500 million for the Emergency Food and Shelter Program’s (EFSP) humanitarian assistance program in appropriations legislation for FY 2023.“Communities and organizations are on the front-lines of assisting migrants coming to our border, and resources are being stretched thin as they take on the … Continue Reading
December 09, 2022
Warren, Toomey Unveil Bipartisan Legislation to Advance Federal Reserve Accountability, Ensure Financial Regulators Provide Ethics Information to Congress
Washington, D.C. — United States Senators Elizabeth Warren (D-Mass.) and Pat Toomey (R-Pa.), ranking member of the Senate Banking Committee, announced the bipartisan Financial Regulators Transparency Act, legislation that would strengthen Federal Reserve accountability and ensure that no financial regulator can withhold critical ethics-related information from Congress. The bill would subject the regional Federal Reserve Banks to the Freedom of Information Act (FOIA) and ensure their … Continue Reading
December 08, 2022
Senators Warren and Smith Applaud Labor Department’s Proposed QPAM Rule to Curb Special Favors for Big Banks
Washington, D.C. — United States Senators Elizabeth Warren (D-Mass.) and Tina Smith (D-Minn.) sent a letter to the Department of Labor’s (DOL) Employee Benefits Security Administration (EBSA) in support of their new proposed amendments to the Qualified Professional Asset Manager (QPAM) Exemption, which would close loopholes that have allowed financial institutions with long records of criminal misconduct to continue managing workers’ retirements savings.“We have long been concerned that … Continue Reading
December 08, 2022
Warren, Jacobs Call Out Consulting Firms For Work On Behalf of Foreign Governments
Washington D.C. - U.S. Senator Elizabeth Warren (D-Mass.), a member of the Senate Armed Services Committee, and U.S. Representative Sara Jacobs (D-Calif.), a member of the House Armed Services and House Foreign Affairs Committees, sent letters to five Beltway consulting firms requesting information about their work for and on behalf of foreign governments following reporting by the Washington Post revealing that, more than 500 retired U.S. military personal - including scores of generals … Continue Reading
December 08, 2022
Warren, Smith Ask Key Regulators About Banking System’s Exposure to Crypto Risks after FTX Crash
Washington, D.C. - U.S. Senators Elizabeth Warren (D-Mass.) and Tina Smith (D-Minn.), members of the Senate Banking, Housing, and Urban Affairs Committee, sent letters to three key banking regulators: the Federal Reserve (Fed), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC), raising concerns about the ties between the banking industry and crypto firms following FTX’s bankruptcy. The senators are asking each regulator how they … Continue Reading
December 07, 2022
Senator Warren and Representative Omar Call on Regulators to Improve Banking Access for Communities of Color
Washington, D.C. - Senator Elizabeth Warren (D-Mass.) and Rep. Ilhan Omar (D-Minn.) sent a letter to the heads of all U.S. Banking regulators calling on them to improve banking access for immigrant communities and communities of color. The lawmakers are asking the heads of the Treasury Department, Financial Crimes Enforcement Network, Office of the Comptroller of the Currency (OCC), Federal Reserve, Federal Deposit Insurance Corporation (FDIC), and the National Credit Union … Continue Reading
December 06, 2022
Warren, Grassley Pressure Pentagon on Retired Servicemembers Working for Foreign Governments
WASHINGTON - United States Senator Elizabeth Warren (D-Mass.), a member of the Senate Armed Services Committee, and Senator Chuck Grassley (R-Iowa) sent a letter to Defense Secretary Lloyd J. Austin III raising concerns about the Defense Department (DoD)’s frequent approval of high-ranking retired military members’ work for foreign governments. The senators’ concerns follow recent investigative reporting by the Washington Post detailing scores of retired U.S. servicemembers who took … Continue Reading
December 06, 2022
Warren, Jayapal Call on US Patent Office to Prevent Big Pharma's Abuse of Patent System
Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.) and U.S. Representative Pramila Jayapal (D-Wash.) sent a letter to Kathi Vidal, Under Secretary of Commerce for Intellectual Property and Director of the United States Patent and Trademark Office (USPTO), following up on their June 2021 letter about the office’s efforts to hold pharmaceutical companies accountable for anti-competitive business practices and tackle high drug prices. “On June 30, 2021, we wrote to the USPTO… … Continue Reading
December 06, 2022
Warren Calls on Pentagon to Rein in “End-of-Year Money Grab”
Washington D.C. - U.S. Senator Elizabeth Warren (D-Mass.), a member of the Senate Armed Services Committee, sent a letter to Department of Defense (DoD) Secretary of Defense Lloyd J. Austin III, criticizing DoD’s most recent “unfunded priorities list,” which asked for an additional $25 billion, including $19.3 billion for inflation. The DoD’s budget asks contradict assurances Senator Warren received in October that DoD would not need blanket inflation-based policy changes. Senator … Continue Reading
December 06, 2022
Warren, Marshall, Kennedy, Call on Silvergate, Bank that Handled Bankrupt Crypto Firm FTX’s Funds, to Release All Records on Improper Transfer
Washington, D.C. - U.S. Senators Elizabeth Warren (D-Mass.), Roger Marshall (R-Kan.), and John Kennedy (R-La.) wrote to Silvergate, the bank that reportedly facilitated the transfer of FTX customer funds to Alameda Research, seeking answers about the bank’s role in the loss of billions of dollars in customer funds. “Your bank’s involvement in the transfer of FTX customer funds to Alameda reveals what appears to be an egregious failure of your bank’s responsibility to monitor for and … Continue Reading
December 05, 2022
Senator Warren, Congressman Kilmer Unveil Historic Legislation to Address Chronic Underfunding and Barriers to Sovereignty in Indian Country
Washington D.C. - U.S. Senator Elizabeth Warren (D-Mass.) and Congressman Derek Kilmer (D-Wash.) today unveiled the Honoring Promises to Native Nations Act, historic legislation to address chronic underfunding and barriers to sovereignty faced by Indian Country as a result of the federal government’s failures to meet its trust and treaty responsibilities. The legislation would hold the federal government accountable for honoring the country’s legal promises to Native peoples.In December … Continue Reading
December 02, 2022
ICYMI: At Hearing, Senator Warren Calls Out Big Bank Lobbyists for Fighting Efforts to Protect Consumers from Unfair and Discriminatory Practices
Washington, D.C. — At a hearing of the Senate Banking, Housing, and Urban Affairs Committee, U.S. Senator Elizabeth Warren (D-Mass.) asked Janai Nelson, President and Director-Counsel of the NAACP Legal Defense and Educational Fund, and Marc Morial, President and CEO of the National Urban League, about the importance of the Consumer Financial Protection Bureau’s (CFPB) authority under the Dodd-Frank Act to root out unfair practices against consumers by banks and financial institutions. … Continue Reading
December 01, 2022
Senator Warren and Representative Castro Reintroduce the Financial Relief for Civilians Treated at Military Hospitals Act
Washington, D.C. — United States Senator Elizabeth Warren (D-Mass.) and Representative Joaquin Castro (D-Texas) introduced the Financial Relief for Civilians Treated at Military Hospitals Act, legislation that would ensure that Military Treatment Facilities (MTFs) run by the Department of Defense (DoD) can continue to enhance military readiness without racking up huge bills for civilians receiving emergency medical care.Civilians often go to MTFs when they need lifesaving emergency … Continue Reading
November 30, 2022
At Hearing, Warren Defends FDIC Chair from Baseless Attacks and Calls on Regulators to Keep Crypto out of Banking System after FTX Collapse
Washington, D.C. - At a hearing of the Senate Banking, Housing, and Urban Affairs Committee, U.S. Senator Elizabeth Warren (D-Mass.) responded to baseless attacks against Federal Deposit Insurance Corporation (FDIC) Acting Chair Martin Gruenberg, calling out former FDIC Chair Jelena McWilliams for breaking the law when she blocked a vote to help hold big banks accountable before ultimately resigning. Travis Hill, the nominee for FDIC Vice Chair who previously worked for McWilliams, … Continue Reading
November 30, 2022
ICYMI: Senator Warren Introduces Julia Kobick Before Senate Judiciary Committee
Washington D.C. - At today’s Senate Judiciary Committee hearing, U.S. Senator Elizabeth Warren (D-Mass.) introduced Julia Kobick, nominee to the U.S. District Court for the District of Massachusetts. Senators Warren and Edward J. Markey (D-Mass.) recommended Ms. Kobick to President Biden for appointment to the federal bench. Transcript: Senate Judiciary Committee Nomination Hearings of Julia Kobick Remarks as Prepared U.S. Senate Judiciary Committee Wednesday, November 30, 2022Senator … Continue Reading
November 23, 2022
Warren, Smith, Sanders, Markey Question RealPage CEO on YieldStar Price Setting Software’s Role in Creating Landlord “Cartel” and Exacerbating Housing Inflation
Washington D.C. - U.S. Senators Elizabeth Warren (D-Mass.), a member of the Senate Banking, Housing, and Urban Affairs (BHUA) Committee, along with Tina Smith (D-Minn.), Bernie Sanders (I-Vt.) and Edward J. Markey (D-Mass.) sent a letter to RealPage CEO Dana Jones, expressing concern about RealPage’s algorithmic pricing software, YieldStar, and its role in driving rising rents and exacerbating inflation. This letter follows reporting indicating that YieldStar may push affordable housing … Continue Reading
November 23, 2022
Senators Warren and Whitehouse Urge Department of Justice to Investigate FTX Collapse, Hold Any Lawbreakers Accountable
Washington, D.C. — United States Senators Elizabeth Warren (D-Mass.) and Sheldon Whitehouse (D-R.I.) sent a letter to the Department of Justice (DOJ) requesting personal accountability for former FTX CEO Sam-Bankman Fried and any complicit FTX executives for wrongdoing following the cryptocurrency exchange’s swift collapse. In early November, FTX, one of the world’s-largest crypto platforms, announced that it and more than 130 additional affiliated companies had filed for bankruptcy. … Continue Reading
November 22, 2022
Senator Warren in Wall Street Journal Op-Ed: FTX’s Implosion Should Be a Wake-up Call
Op-Ed in The Wall Street JournalWashington, D.C. - Following the collapse of cryptocurrency exchange FTX, U.S. Senator Elizabeth Warren (D-Mass.) published an op-ed in the Wall Street Journal urging federal regulators to use their expansive authorities to crack down on crypto fraud and hold the industry to the same basic standards as other financial activities. Read the full op-ed here and below:The dramatic collapse of Sam Bankman-Fried’s crypto exchange, FTX, may have come as a shock … Continue Reading
November 18, 2022
Senator Warren, Lawmakers Encourage FDA to Consider Steps to Protect and Expand Access to Medication Abortion
Washington, D.C.— United States Senator Elizabeth Warren (D-Mass.) and eight Senate Democrats sent a letter to U.S. Food and Drug Administration (FDA) Commissioner Dr. Robert Califf encouraging the agency to defend Americans’ reproductive rights, and to consider steps to protect and expand access to medication abortion. “As states implement new restrictions, it is more important than ever that you take immediate steps to expand access to medication abortion,” wrote the lawmakers. “We … Continue Reading
