Press Releases

May 16, 2016

Senator Warren Urges IRS to Select Balanced Representation for Electronic Tax Advisory Committee

Washington, DC - United States Senator Elizabeth Warren (D-Mass.) today sent a letter urging the Internal Revenue Service (IRS) to select consumer advocates, as well other members representing the needs of low-income, elderly, disabled, and non-English speaking taxpayers, to serve on its Electronic Tax Administration Advisory Committee (ETAAC). The ETAAC, which was established to "provide an organized public forum...in support of the overriding goal that paperless filing should be the … Continue Reading


May 16, 2016

Massachusetts Congressional Delegation Urges FHFA to Delay New Policy on “Super Lien” Laws Affecting Homeowners in Community Associations

Washington DC - The Massachusetts congressional delegation wrote to urge Federal Housing Finance Agency (FHFA) Director Melvin Watt to delay implementation of the agency's new policy on state super lien laws until the agency has obtained and considered public comments on the issue. Massachusetts, 21 other states, and the District of Columbia have "super lien" laws giving community association liens priority over first mortgage liens. This allows community associations to foreclose on a … Continue Reading


May 12, 2016

Senator Warren, Congressman Conyers, 100+ Members of Congress Call for Diverse Federal Reserve

Washington, DC - United States Senator Elizabeth Warren (D-Mass.) and Congressman John Conyers (D-Mich.) Thursday released a letter signed by 116 members of the House of Representatives and 11 senators urging the Federal Reserve to reform its governance by committing to more diverse leadership and prioritizing full employment for all communities. Addressed to Fed Chair Janet Yellen, the letter calls attention to the lack of diversity across the Federal Reserve system. White men from the … Continue Reading


May 11, 2016

Warren and Cotton Raise Bipartisan Concerns About Financial Adviser Misconduct, Ask FINRA to Protect Investors

Text of the letter available here Washington, DC - In a bipartisan letter sent to the Financial Industry Regulatory Authority (FINRA) today, United States Senators Elizabeth Warren (D-Mass.) and Tom Cotton (R-Ark.) asked about steps the independent regulator is taking to address misconduct among financial advisers and to protect investors. The letter comes after a recent study found high rates of misconduct among advisers under FINRA's supervision, and revealed ineffective sanctions for this … Continue Reading


May 11, 2016

Warren: Navient Should Fix Abysmal Student Loan Servicing, Not Spend Millions on Lobbying for Sweetheart Deals

Washington, DC - United States Senator Elizabeth Warren wrote to the U.S. Department of Education's (ED's) Office of Federal Student Aid to raise concerns about the recent dramatic increase in lobbying expenditures by student loan servicer Navient. Navient's significant lobbying expenditures - which total almost $24 million since 2010 - come while the servicer has faced a number of federal and state investigations into problems with its servicing practices. Warren raised particular concerns … Continue Reading


May 03, 2016

Senators Urge Education Department to Fully Enforce Key Funding Accountability Provision in "Every Student Succeeds Act"

A PDF copy of the letter is available here Washington, DC - United States Senators Elizabeth Warren (D-Mass.) and Chris Murphy (D-Conn.), along with seven other senators, urged the U.S. Department of Education (ED) to use the authority that it was given by Congress to fully enforce the "supplement, not supplant" provision in the recently-passed Every Student Succeeds Act (ESSA). This provision helps ensure the law meets it goal of protecting the civil rights and educational opportunity for all … Continue Reading


May 02, 2016

President Signs POW/MIA Remembrance Act into Law

WASHINGTON, D.C. - On Friday, President Barack Obama signed the National POW/MIA Remembrance Act of 2015 into law. Congressman Lynch introduced the legislation in the House of Representatives, and United States Senators Elizabeth Warren (D-Mass.) and Edward J. Markey (D-Mass.) introduced the bipartisan Senate companion bill. The legislation honors American service members who are Prisoners of War (POW) or Missing in Action (MIA) by placing a commemorative chair on the grounds of the U.S. … Continue Reading


May 02, 2016

Senator Warren Releases Report Highlighting Benefits of New Overtime Rule for Workers and Families

A PDF copy of the report is available here Washington, DC - Today, United States Senator Elizabeth Warren (D-Mass.) released a report highlighting public comments from workers and their families in all 50 states in support of the proposed new federal overtime rule. This rule would benefit more than 13.5 million workers by making them newly eligible for overtime pay or strengthening their protections against being misclassified by employers. In a letter sent to the Office of Management and … Continue Reading


April 21, 2016

Senator Warren's Statement on Kinder Morgan's Decision to Suspend Work on the Proposed Northeast Energy Direct Pipeline

Washington, DC - United States Senator Elizabeth Warren released the following statement on Kinder Morgan's announcement that it will suspend its plans for the Northeast Energy Direct pipeline: "Across Massachusetts, residents raised significant concerns about the impact of the proposed Northeast Energy Direct pipeline on homes, businesses, and our environment. This announcement confirms what our citizens have been saying since the beginning - this project simply isn't necessary to meet our … Continue Reading


April 21, 2016

Senator Warren Raises Concerns About SEC Decision to Approve Money Manager Application for Firm Owned by Steven Cohen

Washington, DC - United States Senator Elizabeth Warren today wrote to Securities and Exchange Commission (SEC) Chair Mary Jo White to raise serious concerns about the agency's decision to approve the application of Stamford Harbor Capital, L.P., a firm that is indirectly-owned by Steven A. Cohen, to register as a money manager for outside clients. Cohen is the former manager of SAC Capital Advisors, and in January was barred by the SEC from "supervising funds that manage outside money until … Continue Reading


April 19, 2016

On Massachusetts Tax Day, Support Grows for Warren's Bill to Simplify Tax Filing

Text of the letter available here Washington, DC - As the tax deadline for Massachusetts residents hits today, Senator Elizabeth Warren announced that her Tax Filing Simplification Act has received the support of 54 tax experts from across the country. This legislation, which was introduced by Senator Warren and eight other senators last week, would simplify the tax filing process and decrease the costs of filing for millions of Americans. The bill was released in conjunction with a Warren … Continue Reading


April 18, 2016

Senator Warren’s Statement on FHFA’s Principal Reduction Announcement

Washington, DC- United States Senator Elizabeth Warren issued the following statement today about the Federal Housing Finance Agency's (FHFA's) recent announcement that principal reductions will be made available for certain homeowners: "While this program will help a small number of underwater homeowners, last week's announcement was a bitter pill to swallow for the millions of homeowners who could have benefitted from a much broader program years ago. As part of the 2008 bill authorizing … Continue Reading


April 15, 2016

Senate Passes POW/MIA Remembrance Act

WASHINGTON,DC - Yesterday, the United States Senate unanimously passed H.R. 1670, the National POW/MIA Remembrance Act of 2015, legislation introduced by Congressman Stephen F. Lynch (D-Boston). United States Senators Elizabeth Warren (D-Mass.) and Edward J. Markey (D-Mass.) introduced the bipartisan Senate companion bill. The legislation honors American service members who are Prisoners of War (POW) or Missing in Action (MIA) by placing a commemorative chair on the grounds of the U.S. … Continue Reading


April 13, 2016

Statement from Senator Warren on Rejection of Banks' "Living Wills" by Fed and FDIC

Washington, DC - United States Senator Elizabeth Warren released the following statement today: "Eight years ago, Too Big to Fail banks sparked a financial meltdown, then sucked up hundreds of billions of dollars in taxpayer bailouts. Today, after an extensive, multi-year review process, federal regulators concluded that five of the country's biggest banks are still - literally - Too Big to Fail. They officially determined that five US banks are large enough that any one of them could crash … Continue Reading


April 13, 2016

Senator Warren Introduces Bill to Simplify Tax Filing

Bill Text, Fact SheetTax Report Washington, DC - United States Senator Elizabeth Warren (D-Mass.) today introduced the Tax Filing Simplification Act of 2016 to simplify and decrease the costs of the tax filing process for millions of American taxpayers. This year, taxpayers will spend an average of 13 hours preparing and filing their returns, and will pay $200 for tax preparation services - a cost equal to almost 10 percent of the average federal tax refund. The legislation introduced today … Continue Reading


April 12, 2016

Senators Call on New FDA Commissioner to Address Gaps in Policies to Reduce Antibiotic Use in Animals

Washington, DC - Today, United States Senators Elizabeth Warren (D-Mass.), Dianne Feinstein (D-Calif.), Kirsten Gillibrand (D-N.Y.), Richard Blumenthal (D-Conn.), Edward J. Markey (D-Mass.), and Cory Booker (D-N.J.) wrote to urge recently-confirmed Food and Drug Administration (FDA) Commissioner Robert Califf to address clear gaps in the agency's policies on antibiotic use in food animal production. In their letter, the senators noted that many food animals are still fed low doses of … Continue Reading


April 12, 2016

Warren and Enzi Support Creation of Online Retirement Savings Transfer Process for Federal Workers

Text of the letter available here Washington, DC - United States Senators Elizabeth Warren (D-Mass.) and Mike Enzi (R-Wyo.) wrote today to the Federal Retirement Thrift Investment Board to encourage the creation of an online process that would allow federal workers to transfer or roll over funds from existing retirement accounts to their federal Thrift Savings Plan (TSP) accounts. TSP accounts have low fees and a variety of simple, effective investments options. However, to transfer savings … Continue Reading


April 11, 2016

Cummings and Warren Release GAO Report Highlighting Dramatic Growth of Nonbank Mortgage Servicers

Washington, DC - Today, United States Senator Elizabeth Warren (D-Mass.), and Congressman Elijah E. Cummings (D-Md.), Ranking Member of the House Committee on Oversight and Government Reform, released a Government Accountability Office (GAO) report that documents the dramatic growth of nonbank mortgage servicers and details the need for stronger regulatory oversight of the industry. GAO produced the report in response to a request from Cummings and Warren. The GAO report, Nonbank Mortgage … Continue Reading


April 08, 2016

Senator Warren Introduces Legislation to Address Concerns About Flight Noise in Local Communities

Washington, DC - Today, United States Senator Elizabeth Warren (D-Mass.) introduced the FAA Community Accountability Act to give local communities a voice in the Federal Aviation Administration's (FAA) decision-making process for flight paths. The bill was also filed as an amendment to the FAA Reauthorization Act of 2016, which is currently being debated on the Senate floor. Additionally, Senator Warren filed an amendment to the FAA Reauthorization Act requiring the Government Accountability … Continue Reading


April 07, 2016

Warren and Brown Urge Treasury Department to Investigate Involvement of U.S. Entities in Activities Revealed by “Panama Papers”

Washington, DC - In a letter sent to Treasury Secretary Jacob Lew today, U.S. Senator Elizabeth Warren (D-Mass.) and Banking Committee Ranking Member Sherrod Brown (D-Ohio) urged the U.S. Treasury Department to investigate whether any U.S. or U.S.-linked entities were involved with Mossack Fonseca & Co., the Panama-based law firm whose leaked internal records appear to reveal that it has helped thousands of clients create shell companies to hide assets, some allegedly to launder money or … Continue Reading

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