Press Releases
Warren Statement on Biden Administration’s Student Debt Bankruptcy Reforms
Washington, D.C. - United States Senator Elizabeth Warren (D-Mass.) released the following statement regarding the Biden administration's student debt bankruptcy reforms:“The Biden administration has taken an important step forward to reform a deeply broken bankruptcy system that has made it nearly impossible for Americans to deal with student debt, even when they’re in severe financial stress. For many years, the treatment of people who borrowed money to go to school has been much … Continue Reading
November 17, 2022
Warren, Durbin Seek Answers From FTX Founder Sam Bankman-Fried After Billion-Dollar Collapse of Crypto Firm
Washington, D.C. - US Senator Elizabeth Warren (D-Mass.), a member of the Senate Banking, Housing, and Urban Affairs Committee and Senator Dick Durbin (D-Ill), a member of the Senate Agriculture Committee, sent a letter to Sam Bankman-Fried, founder and former CEO of FTX Trading Ltd. (FTX), and John Jay Ray III, the newly appointed CEO of FTX, seeking information on the reported misuse of billions of dollars of customer funds and other disturbing allegations that continue to emerge about … Continue Reading
November 16, 2022
ICYMI: In First Speech Since Democrats Held the Senate, Warren Calls on Democrats to Go on Offense and Continue Delivering for Working Families
Washington, D.C. - In a keynote speech at EconCon Presents, a conference co-hosted by Demos Action, EPI Action, Economic Security Project Action, Groundwork Action, Omidyar Network, and Roosevelt Forward, U.S. Senator Elizabeth Warren (D-Mass.) called on Democrats to go on the offense and tell their own economic story by continuing to deliver for working families. Senator Warren argued that Democrats can beat Republican extremists by fighting for working people and making their … Continue Reading
November 15, 2022
ICYMI: Senator Warren Introduces Judge Myong Joun Before Senate Judiciary Committee
Washington, D.C. - At today’s Senate Judiciary Committee hearing, U.S. Senator Elizabeth Warren (D-Mass.) introduced Massachusetts Judge Myong Joun, nominee to serve on the United States District Court for the District of Massachusetts. Senators Warren and Edward J. Markey (D-Mass.) recommended Judge Joun to President Biden for appointment to the federal bench. Transcript: Senate Judiciary Committee Nomination Hearings of Judge Myong Joun U.S. Senate Judiciary Committee Tuesday, … Continue Reading
November 15, 2022
At Hearing, Warren Calls out Fifth Circuit’s Dangerous Ruling Against the CFPB, Which Jeopardizes Major Financial Regulators and Stability of Financial System
Washington D.C. - At a hearing of the Senate Banking, Housing, and Urban Affairs Committee, U.S. Senator Elizabeth Warren (D-Mass.) called out the dangerous ruling from the Republican-controlled Fifth Circuit Court of Appeals, which argued that the Consumer Protection Financial Bureau’s (CFPB) funding structure is unconstitutional because it does not rely on annual appropriations from Congress. Questioning regulators from the Federal Reserve, Office of the Comptroller of the Currency, … Continue Reading
November 15, 2022
Warren Leads Bipartisan Call for Secretary Austin to Terminate DoD Agreements Without All Housing Rights for Military Families
Washington, D.C. - U.S. Senators Elizabeth Warren (D-Mass), Thom Tillis (R-N.C.), Mazie Hirono (D-Hawaii), and Jeanne Shaheen (D-N.H.), members of the Senate Armed Services Committee, and Senator Jon Ossoff (D-Ga.), Chair of the Senate Homeland Security and Governmental Affairs Committee’s Permanent Subcommittee on Investigations, sent a letter to Secretary of Defense Lloyd Austin, calling on him to use all tools and authorities at his disposal to protect military families from private … Continue Reading
November 15, 2022
Warren, Booker Ask U.S. Agriculture Department About USDA Chief Economist’s Testimony Against U.S. Justice Department on Behalf of Sugar Industry in Antitrust Case
Washington D.C. - U.S. Senators Elizabeth Warren (D-Mass.) and Cory Booker (D-N.J.) sent a letter to United States Department of Agriculture (USDA) Secretary Thomas J. Vilsack inquiring about the role of the USDA and a senior USDA employee in an antitrust lawsuit brought by the Department of Justice (DOJ) to stop United States Sugar Corporation (U.S. Sugar) from acquiring Imperial Sugar Company (Imperial). In the letter, the lawmakers express serious concerns about USDA’s chief economist … Continue Reading
November 14, 2022
Warren Statement on Nomination of Martin Gruenberg as FDIC Chair
Washington, D.C. - United States Senator Elizabeth Warren (D-Mass.), a member of the Senate Committee on Banking, Housing, and Urban Affairs, released the following statement regarding the nomination of Martin Gruenberg as Federal Deposit Insurance Corporation (FDIC) Chair:“I applaud President Biden’s decision to nominate Martin Gruenberg to lead the FDIC. Gruenberg is an effective regulator with a proven track record of holding banks accountable. He has spent his entire career fighting … Continue Reading
November 11, 2022
Senators Warren, Menendez, and Wyden Raise Concern over Lack of Transparency and Responsiveness in CBP Report on Haitian Migrant Treatment at Southern Border
Washington, D.C. — United States Senator Elizabeth Warren (D-Mass.), along with Senators Bob Menendez (D-N.J.) and Ron Wyden (D-Ore.), sent a letter to U.S. Customs and Border Protection (CBP) Commissioner Chris Magnus and CBP Assistant Commissioner in the Office of Professional Responsibility (OPR) Matthew Klein raising concerns about the final report released by CBP OPR on July 8 regarding the treatment of Haitian migrants at the southern border last year. On September 19, 2021, Border … Continue Reading
November 07, 2022
Senator Warren Increases Pressure on Fed for Public Transparency Amid Latest “Egregious and Embarrassing” Ethics Breach
Washington, D.C. — United States Senator Elizabeth Warren (D-Mass.) sent a letter to Federal Reserve (Fed) Chair Jerome Powell raising concerns about the culture of corruption at the Fed and renewing requests for information about the Fed’s recent ethics scandals, including all stock trades made by Fed governors and presidents from January 1, 2020. Senator Warren also asked new questions regarding the Fed’s policy around the agency’s latest ethics problem, non-public briefings by … Continue Reading
November 07, 2022
Warren Calls Out Wells Fargo and Zelle for “Evasive”, “Inaccurate” and “Misleading” Responses about Fraud and Scams on Zelle; Calls for Companies to Publicly Release All Data on Zelle Fraud and Scams
Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.), a member of the Senate Banking, Housing, and Urban Affairs (BHUA) Committee, today sent a letter to Wells Fargo and a letter to Early Warning Services (EWS), the parent company of bank-owned peer-to-peer payment platform Zelle, about rampant fraud and scams on Zelle. Senator Warren’s recent investigation, based on data provided by the banks that own Zelle, found alarming rates of fraud and scams on the platform and that fraud … Continue Reading
November 03, 2022
Warren, Schakowsky, Lawmakers Urge Private Equity Firm Cerberus Capital Management to Pause $4 Billion Dividend Tied to Kroger-Albertsons Merger
Washington, D.C.— United States Senators Elizabeth Warren (D-Mass.), Ron Wyden (D-Ore.), and Bernie Sanders (I-Vt.), along with Representatives Jan Schakowsky (D-Ill.), Katie Porter (D-Calif.) and Chuy García (D-Ill.) sent a letter to the CEO of Cerberus Capital Management, urging the private equity firm to pause the payment of the $4 billion Albertsons dividend scheduled for Monday and to provide answers about the impact of the dividend on the Kroger-Albertsons merger. In the letter, … Continue Reading
November 02, 2022
Warren Urges FTC and DOJ to Conduct Increased Oversight of Big Tech Companies’ Expansion in Automotive Industry
Washington D.C. - U.S. Senator Elizabeth Warren (D-Mass.) sent letters to Federal Trade Commision (FTC) Chair Lina Khan and Assistant Attorney General of the Antitrust Division at the United States Department of Justice (DOJ) Jonathan Kanter, calling for increased oversight of Big Tech expansion into the automotive industry. In the letter, the Senator highlights how the rapidly expanding role of Google, Apple, and Amazon in the auto industry raises competition concerns and urges … Continue Reading
November 02, 2022
Senator Warren’s Statement on MBTA General Manager Steve Poftak’s Resignation
Washington, D.C. — United States Senator Elizabeth Warren (D-Mass.) released the following statement regarding the resignation of Steve Poftak, General Manager of the Massachusetts Bay Transportation Authority (MBTA): “Steve Poftak's resignation, a few weeks after I led a Senate hearing in Boston on the monumental failures of leadership at the T, is long overdue. We now have a critical opportunity to make much-needed changes and ensure our public transit system is safe, reliable, and … Continue Reading
November 01, 2022
New Senate Report from Warren, Lawmakers: Health Care Providers Speak Out on Devastating Harm and Mortal Threats to Women Posed by State Abortion Bans
Washington, D.C. - U.S. Senators Elizabeth Warren (D-Mass.), Tammy Duckworth (D-Ill.), Mazie Hirono (D-Hawaii), and Tina Smith (D-Minn.) released a new report: Post-Roe Abortion Bans Threaten Women’s Lives: Health Care Providers Speak Out on the Devastating Harm Posed by Abortion Bans and Restrictions. The 23-page report - based on information provided by leading health care providers - reveals the devastating consequences of state abortion bans and restrictions enacted by … Continue Reading
November 01, 2022
Warren, Dean, Lawmakers ask Fed Chair Powell: How Many Millions Will be Thrown out of their Jobs from Fed’s Dangerous Rate Hikes?
Washington, D.C. - U.S. Senators Elizabeth Warren (D-Mass.), Sheldon Whitehouse (D-R.I.), Jeff Merkley (D-Ore.) and Bernie Sanders (I-Vt.) and U.S. Representatives Madeleine Dean (D-Pa.), Jesus “Chuy” Garcia (D-Ill.), Sylvia Garcia (D-Texas), Katie Porter (D-Calif.), Stephen Lynch (D-Mass.), Rashida Tlaib (D-Mich.), and Jamaal Bowman (D-N.Y.) sent a letter to Federal Reserve Chair Jerome Powell expressing concern and seeking answers about the Federal Reserve’s (Fed’s) most recent … Continue Reading
October 28, 2022
Warren, Markey, Moulton Announce $34 Million to Upgrade Salem Harbor into Hub for Offshore Wind
Boston, MA - U.S. Senators Elizabeth Warren (D-Mass.) and Edward J. Markey (D-Mass.) and U.S. Representative Seth Moulton (D-Mass.) announced that the City of Salem will receive $34 million from the U.S. Department of Transportation (DOT) to redevelop a vacant industrial facility into a marshalling area for offshore wind energy projects. The federal DOT Port Infrastructure Development Grant awarded to Salem will position the city to be a national leader in offshore wind as it builds a … Continue Reading
October 27, 2022
Warren Obtains Department of Defense Commitment to Protect Taxpayer Dollars, as DoD Indicates It Does Not Want to Adjust Contracts for Inflation
Washington D.C. - In response to questions from U.S. Senator Elizabeth Warren (D-Mass.), a member of the Senate Armed Services Committee, about defense industry pressure on the Department of Defense (DoD) to increase the price of existing defense contracts, the Under Secretary of Defense for Acquisition and Sustainment, Bill LaPlante said that the Department “does not intend to enact a policy to increase contract prices due to inflation.”“As major defense contractors brag to their … Continue Reading
October 27, 2022
Senator Warren Alerts CFPB to Extensive Fraudulent Activity on Zelle, Ramps Up Call for Stronger Rules to Prevent Banks From Mistreating Customers
Washington D.C. - U.S. Senator Elizabeth Warren (D-Mass.) sent a letter to the Consumer Finance Protection Bureau (CFPB) summarizing the findings of her investigation revealing high rates of fraud and scams on the bank-owned peer-to-peer platform Zelle. The report found that not only is fraudulent activity growing on the platform, but the banks are not refunding the vast majority of defrauded consumers, breaking their promises to their customers and potentially violating federal law.“My … Continue Reading
October 26, 2022
ICYMI: Senator Warren and Representative Pressley Launch Student Debt Cancellation Tour Across Massachusetts
Lawmakers Visited Sites in Boston, Brockton, Worcester, and Springfield to Sign Up Residents for Student Debt Cancellation Boston, MA - In case you missed it, on Tuesday, October 25, 2022, U.S. Senator Elizabeth Warren (D-Mass.) and Representative Ayanna Pressley (D-Mass.) visited communities across Massachusetts to celebrate the Biden administration’s student debt cancellation plan and help residents sign up for student loan relief. Their statewide road trip followed the White House’s … Continue Reading