Press Releases
Senator Warren Responds to McCarthy’s Speech to Wall Street on Debt Limit
Washington, D.C. – United States Senator Elizabeth Warren (D-Mass.) released the following statement following Speaker Kevin McCarthy’s (R-Calif.) speech on the floor of the New York Stock Exchange, in which he called for spending cuts that could throw hundreds of thousands of Americans out of work. “Speaker McCarthy went to Wall Street to spread Republicans’ message to billionaires and corporate executives: they want hardworking families to pay the cost of keeping the … Continue Reading
April 14, 2023
Senator Warren Urges IRS and Treasury to Address Racial Inequities in Tax Enforcement
Washington, D.C. – U.S. Senator Elizabeth Warren (D-Mass.) sent a letter to Internal Revenue Commissioner Daniel Werfel and Treasury Secretary Janet Yellen urging both to follow through on the commitments of the Biden Administration by examining and taking concrete steps to address racial inequities in tax benefits and enforcement. In January of this year, researchers from Stanford University and the U.S. Treasury Department published a new working paper that revealed that, despite … Continue Reading
April 13, 2023
Warren Leads Massachusetts Delegation in Urging Navy Secretary to Prioritize Contracts With Unionized Shipyards Amid Concerns of Underutilization
Washington, D.C. – Senators Elizabeth Warren (D-Mass.) and Edward J. Markey (D-Mass.) along with Representatives Richard E. Neal (MA-01), James P. McGovern (MA-02), Congresswoman Lori Trahan (MA-03), Congressman Jake Auchincloss (MA-04), Democratic Whip Katherine Clark (MA-05), Congressman Seth Moulton (MA-06), Congresswoman Ayanna Pressley (MA-07), Congressman Stephen F. Lynch (MA-08), and Congressman Bill Keating (MA-09) sent a letter to Secretary of the Navy Carlos Del Toro … Continue Reading
April 10, 2023
Warren, 16 Senators Request Increased Funding for Office of Federal Student Aid
Washington, D.C. – U.S. Senator Elizabeth Warren (D-Mass.) led 16 senators in sending a letter to the Chair and Ranking Member of the Senate Appropriations Subcommittee on Labor, Health and Human Services, Education, and Related Agencies requesting the committee provide $2.7 billion in Fiscal Year (FY) 2024 to fund the Office of Federal Student Aid, consistent with the President’s budget. This funding is particularly important given FSA’s budget for FY 2023 was … Continue Reading
April 10, 2023
Senator Warren, Representative Ocasio-Cortez Seek Answers from Silicon Valley Bank Depositors on “White Glove” Treatment and Decisions to Hold Large, Uninsured Deposits at Bank
Washington, D.C. – U.S. Senator Elizabeth Warren (D-Mass.) and Representative Alexandria Ocasio-Cortez (D-N.Y.) sent a letter to 14 of the largest depositors at Silicon Valley Bank (SVB), raising questions about reports of the failed bank’s “coddling” and “white glove” treatment of its largest venture capitalist (VC) depositors, their executives, and startup firms, and those firms’ decision to hold huge, uninsured accounts at the bank. “Silicon … Continue Reading
April 07, 2023
Senator Warren’s Statement on Texas District Court Judge Threatening Access to Medication Abortion Nationwide
Washington, D.C. – United States Senator Elizabeth Warren (D-Mass.) released the following statement on the decision by the U.S. District Court for the Northern District of Texas to stay the FDA’s decades-old approval of mifepristone, in a move that threatens access to abortion for millions of women nationwide. “Because of today’s lawless ruling by an extremist Republican judge, women across the country could lose access to a safe and legal medication they’ve … Continue Reading
April 07, 2023
Warren Seeks Answers from DoD on How Republican Delay of Nominees Harms National Security and Military Readiness
Washington, D.C. – U.S. Senator Elizabeth Warren (D-Mass.), Chair of the Senate Armed Services Committee Subcommittee on Personnel, sent a letter to Secretary of Defense Lloyd J. Austin III asking about the national security and military readiness impacts of Senator Tommy Tuberville’s (R-Ala.) blanket holds preventing the Senate from advancing nearly 160 Department of Defense (DoD) military nominees. “The American people deserve to know the impacts of these … Continue Reading
April 06, 2023
Senators Warren, Van Hollen, Sanders, Whitehouse Secure Ruling from IRS to Crack Down on Abuse of Trusts to Dodge Taxes, Urge Further Actions
Washington, D.C. – Following a letter from U.S. Senators Elizabeth Warren (D-Mass.), Chris Van Hollen (D-Md.), Bernie Sanders (I-Vt.), and Sheldon Whitehouse (D-R.I.), the Internal Revenue Service (IRS) issued a ruling to crack down on a loophole that helps the ultra-wealthy dodge taxes. Last month, the senators wrote to Treasury Secretary Janet Yellen, raising concerns that the wealthiest millionaires and billionaires use increasingly complex tax planning to exploit trusts and … Continue Reading
April 05, 2023
Warren, Pressley Blast SoFi for Bank’s Shameless Lawsuit to Repeal Student Loan Payment Pause
Washington, D.C. – U.S. Senator Elizabeth Warren (D-Mass.) and Congresswoman Ayanna Pressley (MA-07) sent a letter to the CEO of SoFi Technologies and SoFi Lending Corp, calling on the company to answer for its lawsuits attempting to end the student loan payment pause and force borrowers back into repayment, which would put tens of millions of people in crisis. “Your company’s attempt to use the courts to enact a backdoor repeal of this payment pause – at the … Continue Reading
April 04, 2023
ICYMI: Senator Warren in The American Prospect: How Policymakers Fight a Losing Battle With Models
Op-Ed in The American Prospect Washington, D.C. – U.S. Senator Elizabeth Warren (D-Mass.) published a new op-ed in the American Prospect, addressing how economic modeling has caused the United States to fail in developing a workable child care and early-childhood education system. She makes the case for bold investments in child care from Congress to create an America in which everyone has opportunities and maximize our people’s long-term prosperity. Read the full op-ed … Continue Reading
March 31, 2023
Senators Warren, Scott Press Department of Defense to Provide Information, Promote Accountability and Interbranch Cooperation
Washington, D.C. – In their first letter together as Chair and Ranking member of the Senate Armed Services Military Personnel Subcommittee, U.S. Senators Elizabeth Warren (D-Mass.) and Rick Scott (R-Fla.) wrote to Under Secretary of Defense for Personnel, Gilbert R. Cisneros Jr., following up on requests for information by members of the committee. The letter follows recent testimony before the subcommittee where senators raised their concern over lack of responsiveness from the … Continue Reading
March 31, 2023
ICYMI: At Hearing, Warren Calls on DoD to Require Annual Reporting of Service Member Overdoses
Washington, D.C. – At a hearing of the Senate Armed Services Committee, U.S. Senator Elizabeth Warren (D-Mass.), Chair of the Subcommittee on Personnel, called on the Department of Defense (DoD) to require annual reporting and data tracking of service member overdoses, and stressed the importance of providing harm reduction services for service members, including naloxone. In September 2022, Senators Warren, Ed Markey (D-Mass), John Cornyn (R-Texas), Lisa Murkowski (R-Ala.), and … Continue Reading
March 31, 2023
Senators Warren, Tillis Lead Bipartisan Group of Senators to Advance Federal Reserve Accountability
Washington, D.C. – U.S. Senators Elizabeth Warren (D-Mass.) and Thom Tillis (R-N.C.) led a group of Senators to introduce the Financial Regulators Transparency Act – bipartisan legislation that would subject regional Federal Reserve Banks to the Freedom of Information Act (FOIA) and ensure their responsiveness to congressional and public information requests. It would additionally align the Fed with other large agencies by making its Inspector General a presidential appointee and … Continue Reading
March 30, 2023
ICYMI: Warren, Cassidy, Rubio Reintroduce Protecting Military Service Members' Data Act
Washington, D.C. – U.S. Senators Elizabeth Warren (D-Mass.), Chair of the Senate Armed Services Subcommittee on Personnel, Bill Cassidy, M.D. (R-La.), and Marco Rubio (R-Fla.) reintroduced the Protecting Military Service Members’ Data Act of 2023, a bipartisan bill that would protect the data of U.S. service members by preventing data brokers from selling lists of military personnel to adversarial nations including China, Russia, Iran, and North Korea. “Right now, Big Tech … Continue Reading
March 30, 2023
ICYMI: At Hearing, Senator Warren Calls for Cracking Down on Overpayments in Medicare Advantage; Using Savings to Expand Medicare Dental Coverage
Washington, D.C. — At a hearing of the Senate Finance Committee, Subcommittee on Health Care, U.S. Senator Elizabeth Warren (D-Mass.) questioned Chief Economist and Vice President of the American Dental Association’s Health Policy Institute Dr. Marko Vujicic and Meharry Medical College Dean and Professor Dr. Cherae M. Farmer-Dixon on the disparities in dental coverage for seniors in traditional Medicare and Medicare Advantage (MA). Senator Warren highlighted how low-quality dental … Continue Reading
March 30, 2023
Senators Warren, Blumenthal, Duckworth, After Banks Collapse, Urge Banking Regulators to Strengthen Bank Capital Requirements, Secure Safety and Soundness of Banking System
Washington, D.C. – U.S. Senators Elizabeth Warren (D-Mass.), Richard Blumenthal (D-Conn.), and Tammy Duckworth (D-Ill.) sent a letter to Michael Barr, Vice Chair for Supervision of the Federal Reserve, Martin Gruenberg, Chairman of the Federal Deposit Insurance Corporation, and Michael Hsu, Comptroller of the Currency, urging the banking regulators to establish strong bank capital requirements to protect consumers and preserve the safety and soundness of the banking … Continue Reading
March 29, 2023
Warren, Menendez, Padilla, Senators Submit Public Comment Against Biden Administration's Proposed Asylum Transit Ban Rule
Washington, D.C. – U.S. Senators Elizabeth Warren (D-Mass.), Bob Menendez (D-N.J.), Alex Padilla (D-Calif.) and 9 other senators submitted a public comment against the Biden Administration’s proposed rule to restrict asylum at the southern border. The senators called on the Biden Administration to withdraw the rule in its entirety. “The proposed rule is a revised version of asylum bans put in place during the prior administration—bans that were struck down by the … Continue Reading
March 29, 2023
Warren Urges Senate Leadership to Pass Fire Grants and Safety Act, Ensure Massachusetts Fire Departments Receive Critical Federal Support
Washington, D.C. – U.S. Senator Elizabeth Warren (D-Mass.) urged Senate Majority Leader Chuck Schumer (D-N.Y.) and Minority Leader Mitch McConnell (R-Ky.) to take swift action to pass the Fire Grants and Safety Act which supports two federal grant programs, the Assistance to Firefighters Grant (AFG) and the Staffing for Adequate Fire and Emergency Response (SAFER) grant programs. The grants are expected to expire next year. “Massachusetts fire departments have a strong … Continue Reading
March 29, 2023
Warren, Hawley, Cortez Masto, Braun Introduce Bipartisan Bill to Claw Back Compensation From Failed Bank Executives
Washington, D.C. – U.S. Senators Elizabeth Warren (D-Mass.) and Catherine Cortez Masto (D-Nev.), both members of the Senate Banking, Housing, and Urban Affairs Committee, Josh Hawley (R-Mo.), and Mike Braun (R-Ind.) introduced the Failed Bank Executives Clawback Act – bipartisan legislation that would require that, in the event of a bank failure, federal regulators claw back all or part of the compensation received by bank executive in the five-year period preceding the … Continue Reading
March 28, 2023
At Hearing, Warren Secures Key Federal Regulators’ Commitments to Strengthen Banking Rules
Washington, D.C. – At a hearing of the Senate Banking, Housing, and Urban Affairs Committee, U.S. Senator Elizabeth Warren secured key federal regulators’ commitments to strengthen banking rules following the collapse of Silicon Valley Bank (SVB) and Signature Bank (Signature). Senator Warren announced that she will soon introduce bipartisan legislation to hold bank executives at SVB and Signature accountable for exploding their banks. In response to Senator Warren’s … Continue Reading