Press Releases
New Report by Senator Warren: Zelle Facilitating Fraud, Based on Internal Data from Big Banks
Washington, D.C. - Today, United States Senator Elizabeth Warren (D-Mass.), a member of the Senate Banking, Housing, and Urban Affairs Committee (BHUA), released a new report revealing rampant fraud and theft on Zelle. This new report contains the findings of Senator Warren’s investigation of Zelle fraud data provided by banks. It finds that fraud is growing on the platform and that the banks are not refunding the vast majority of defrauded consumers, breaking their promises to their … Continue Reading
September 30, 2022
Warren joins Padilla to Introduce Legislation to Broaden Legal Pathway to Citizenship
Washington, D.C. — U.S. Senator Elizabeth Warren (D-Mass.) joined Senator Alex Padilla (D-Calif.) to introduce legislation to expand a pathway to permanency for millions of long-term U.S. residents. The Renewing Immigration Provisions of the Immigration Act of 1929 would update the existing registry statute so that an immigrant may qualify for lawful permanent resident status if they have lived in the United States continuously for at least seven years before filing an application for … Continue Reading
September 30, 2022
Warren and Colleagues Reintroduce Legislation to Help Survivors of Natural Disasters
Washington, DC - United States Senator Elizabeth Warren (D-Mass.), a member of the Senate Committee on Banking, Housing, and Urban Affairs, along with Senators Edward J. Markey (D-Mass.), Dick Durbin (D-Il.), Amy Klobuchar (D-Minn.), Kirsten Gillibrand (D-N.Y.), Chris Van Hollen (D-Md.), Bernie Sanders (I-Vt.), Richard Blumenthal (D-Conn.), Bob Menendez (D-N.J.), Tim Kaine (D-Va.), Michael Bennet (D-Colo.), Jeff Merkley (D-Ore.), Cory Booker (D-N.J.), Alex Padilla (D-Calif.), and Raphael … Continue Reading
September 29, 2022
At Hearing, Warren Rings the Alarm about Need for Strong Corporate Stock Buyback Guardrails in CHIPS and Science Act Implementation
Washington, D.C. - At a hearing of the Senate Banking, Housing, and Urban Affairs Committee, U.S. Senator Elizabeth Warren (D-Mass.) raised concerns about the need to protect $52 billion in CHIPS and Science Act funds from being used by semiconductor companies to line the pockets of corporate executives instead of investing in strengthening supply chains, creating good union jobs, and bringing down prices for consumers. Senator Warren called on Secretary of Commerce Gina Raimondo and the … Continue Reading
September 29, 2022
Warren, Velázquez, Sanders, and Menendez Call for Emergency Funding for Puerto Rico after Hurricane Fiona
Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.), Representative Nydia Velázquez (D-N.Y.), Senator Bernie Sanders (I-V.t.), and Senator Bob Menendez (D-N.J.) led a bicameral letter to Congressional leadership requesting emergency funding for Puerto Rico, with a focus on Puerto Rico’s Medicaid program, to ensure that those impacted by the hurricane will have access to the health coverage they need.Nearly five years after Hurricane Maria devastated Puerto Rico, Hurricane Fiona … Continue Reading
September 29, 2022
Senator Warren and Representative Espaillat Seek Answers from HUD and FEMA on Disaster Housing Relief
Washington, D.C. - Yesterday, U.S. Senator Elizabeth Warren (D-Mass.) and Representative Adriano Espaillat (D-N.Y.) sent a letter to Federal Emergency Management Agency (FEMA) Administrator Deanne Criswell and Department of Housing and Urban Development (HUD) Secretary Marcia Fudge requesting an update on their plans to implement the Disaster Assistance and Supportive Housing (DASH) program.In January 2022, HUD spokesperson announced that HUD and FEMA would be partnering to create a … Continue Reading
September 29, 2022
Warren, King, Bennet, Beyer Call For Strong Implementation of Corporate Minimum Tax
Washington D.C. - United States Senator Elizabeth Warren (D-Mass.), along with Senators Angus King (I-Maine.), Michael Bennet (D-Colo.), and Representative Donald S. Beyer (D-Va.), sent a letter to U.S Treasury Secretary Janet Yellen urging her and her staff to pursue strong implementation of the 15 percent corporate minimum tax (CMT) on billion-dollar corporations in the Inflation Reduction Act of 2022. “After nearly three decades of corporate tax cuts, this historic legislation will … Continue Reading
September 29, 2022
Warren, Jones, Lawmakers Call on FTC to Oppose Amazon’s Proposed $1.65 Billion Acquisition of iRobot
Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.) and Representatives Mondaire Jones (D-N.Y.), Katie Porter (D-Calif.), Mark Pocan (D-Wisc.), Pramila Jayapal (D-Wash.), and Jesús “Chuy” García (D-Ill.) sent a letter to the Federal Trade Commission (FTC) calling on the agency to oppose Amazon’s proposed $1.65 billion acquisition of iRobot, raising concerns about Amazon’s anticompetitive practices that put consumers and their privacy at risk. “I have serious concerns about the … Continue Reading
September 28, 2022
Senator Warren and Representative Nadler Reintroduce the Consumer Bankruptcy Reform Act
Washington, D.C. - Today, United States Senator Elizabeth Warren (D-Mass.) and House Judiciary Committee Chairman Jerrold Nadler (D-N.Y.) reintroduced the Consumer Bankruptcy Reform Act, bicameral legislation that would simplify and modernize the consumer bankruptcy system and make it easier for individuals and families forced into bankruptcy to get back on their feet. Originally introduced in 2020, this legislation would replace the two separate consumer bankruptcy chapters known as … Continue Reading
September 28, 2022
Warren, Murphy, Castro, Torres Demand Answers from Commerce Department about Troubling Increase in Approvals of Assault Weapon Exports
Washington, D.C. - U.S. Senators Elizabeth Warren (D-Mass.) and Chris Murphy (D-Conn.) and U.S. Representatives Joaquin Castro (D-Texas) and Norma Torres (D-Calif..) sent a letter to Gina Raimondo, Secretary of Commerce, calling out the Commerce Department for its increased approvals of export licenses for assault weapons and high-capacity magazine exports, and for putting the gun industry profits before national security and human lives. The lawmakers are calling on the Commerce … Continue Reading
September 26, 2022
Majority Leader Schumer & Senator Warren Joint Statement on CBO Estimate of Student Debt Cancellation
Washington, D.C. - Senate Majority Leader Chuck Schumer (D-N.Y.) and United States Senator Elizabeth Warren (D-Mass.) released the following joint statement on the Congressional Budget Office (CBO) estimate of student debt cancellation:“Today’s CBO estimate makes clear that millions of middle class Americans have more breathing room thanks to President Biden’s historic decision to cancel student debt. In contrast to President Trump and Republicans who gave giant corporations $2 trillion … Continue Reading
September 26, 2022
Warren, Gillibrand Call For Billions In Comprehensive Federal Relief For Puerto Rico after Hurricane Fiona
Washington, D.C. - A week after Hurricane Fiona devastated Puerto Rico, leaving at least 16 people dead and hundreds of thousands more without power or running water, Senator Elizabeth Warren (D-Mass.) and Kirsten Gillibrand (D-N.Y.) sent a letter to Congressional leadership, calling for billions of dollars in federal economic relief for the island. The letter was also signed by Senators Bernie Sanders (I-Vt.), Bob Menendez (D-N.J.), Richard Blumenthal (D-Conn.), and Martin Heinrich … Continue Reading
September 23, 2022
ICYMI: At Hearing, DoD Officials Acknowledge to Senator Warren There is Lack of Adequate Oversight to Prevent Sexual Misconduct in Junior Reserve Officers’ Training Corps
Warren Opened Investigation into DoD and Department of Education Oversight over JROTC Program Following Alarming Reports of Sexual Misconduct Warren: “If the military doesn't step up to prevent these kinds of abuses, then it is the military that is endangering our ability to build up our force of the future, and for it to have real credibility. The military screens these instructors, and ultimately, it is your reputation on the line. I know that my colleagues and I have a number of … Continue Reading
September 23, 2022
Senator Warren joins Senators Shaheen, Rounds to Send Bipartisan Letter Pushing for Increased Action from Pentagon to Address PFAS Exposure at Military Installations
Washington, D.C. — U.S. Senator Elizabeth Warren (D-Mass.) joined Senators Jeanne Shaheen (D-N.H.) and Mike Rounds (R-S.D.) in sending a bipartisan letter to Department of Defense (DoD) Secretary Lloyd Austin and White House officials, urging increased funding for per- and polyfluoroalkyl substances (PFAS) testing and remediation, and to improve PFAS-related planning to make use of the higher funding levels Congress is willing to appropriate to address the pervasive issue. The … Continue Reading
September 22, 2022
After Today’s Hearing, Warren and Menendez Call Out Big Bank CEOs For Failure to Provide Promised Data on Consumers Defrauded by Zelle
Washington, D.C. - Today, U.S. Senator Elizabeth Warren (D-Mass.) and U.S. Senator Bob Menendez (D. - N.J.) wrote a letter to the CEOs of several of the nation’s largest banks, Wells Fargo, Bank of America, and JPMorgan, calling out their failure to provide data on the prevalence of fraud and scams on Zelle, despite their commitments to immediately doing so during today’s Senate Banking, Housing, and Urban Affairs Committee (BHUA) hearing. These banks all created, co-own, and help manage … Continue Reading
September 22, 2022
Senator Warren, Representative Bush Seek Answers from Tech CEOs on Worker Misclassification and Abortion Benefits
Washington D.C. - U.S. Senator Elizabeth Warren (D-Mass.) and Representative Cori Bush (D-Mo.), and 23 members of Congress sent letters to the CEOs of Amazon, Uber, Lyft, DoorDash, and Grubhub regarding reports that a new benefit - offered to their employees in the aftermath of the Supreme Court’s decision to overturn Roe v. Wade - applies only to the companies’ employees and not to their misclassified independent contractor workforce.“We welcome private sector companies stepping up with … Continue Reading
September 22, 2022
At Hearing, Warren Blasts Bank CEOs on Failure to Protect Consumers From Zelle Fraud
Washington, D.C. - During today’s Senate Banking, Housing, and Urban Affairs Committee (BHUA) hearing, U.S. Senator Elizabeth Warren (D-Mass.) blasted CEOs of the nation’s largest banks for their failure to protect consumers from fraudulent Zelle transactions. Wells Fargo, Bank of America, JPMorgan, Truist, U.S. Bank, and PNC all created, co-own, and help manage Zelle’s parent company - Early Warning Services - and yet all but one of them failed to provide the information Senator Warren … Continue Reading
September 22, 2022
Warren Opens Investigation to Examine How Republicans’ Radical National Abortion Ban Proposal Would Affect Women’s Access to Health Care
Washington, D.C. - Following Senate Republicans’ introduction of a radical proposal to ban abortion nationwide after 15 weeks and the Supreme Court’s decision to overturn Roe v. Wade, U.S. Senator Elizabeth Warren (D-Mass.) opened an investigation into how this proposal would impact women’s access to critical pregnancy care, reproductive care, and other types of essential health care. Senator Warren sent letters to 5 leading health care organizations representing physicians, nurses, … Continue Reading
September 22, 2022
Senator Warren Urges President Biden to Fully Fund Hurricane Relief in Puerto Rico
Washington D.C. - U.S. Senator Elizabeth Warren (D-Mass.) sent a letter to President Biden asking to waive any local cost-share for Federal Emergency Management Agency (FEMA) aid to Puerto Rico. On September 18, 2022, Hurricane Fiona made landfall in Puerto Rico, cutting off power to the entire island and leaving many areas under water. That same day, President Biden approved an emergency declaration to authorize the Department of Homeland Security (DHS) and FEMA to work in coordination … Continue Reading
September 22, 2022
Senators Warren, Menendez, Brown, Hold Wells Fargo Accountable for Conducting Misleading Interviews with Women and Minority Candidates
Washington D.C. - U.S. Senators Elizabeth Warren, Bob Menendez (D-N.J.), and Sherrod Brown (D-Ohio) today sent a letter to Wells Fargo CEO and President Charles Scharf and Senior Vice President Bei Ling to express their deep concerns about the bank’s reported practice of conducting “fake interviews” with women and minority candidates for vacancies that had already been filled. This effort comes ahead of today’s much anticipated Banking Committee hearing with the leaders of some of the … Continue Reading