Press Releases

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

April 07, 2016

Ernst, Bennet, Ayotte, and Warren Introduce Tax Credit for Family Caregivers

WASHINGTON, D.C. - U.S. Senators Joni Ernst (R-IA), Michael Bennet (D-CO), Kelly Ayotte (R-NH), and Elizabeth Warren (D-MA) today introduced the Credit for Caring Act, which would provide up to a $3,000 nonrefundable tax credit to working family caregivers for qualified expenses. According to AARP, there are an estimated 40 million family caregivers in the United States. Most of these caregivers spend approximately 18 hours per week providing critical support to a family member. The … Continue Reading

April 07, 2016

Federal Agencies Commit to Marijuana Scheduling Decision by Mid-2016

Read the agencies' response here Washington, DC - The Drug Enforcement Administration (DEA), the Department of Health and Human Services (HHS), and the Office of National Drug Control Policy (ONDCP) responded on Monday to a letter from several U.S. Senators requesting information on these agencies' efforts to facilitate medical marijuana research. In the response, DEA, HHS and ONDCP announced plans to release a determination on rescheduling petitions in the first half of 2016 and laid out a … Continue Reading

April 06, 2016

Senators Introduce Bipartisan Bill to Advance Strategic Planning and Representation in Medical Research at NIH

Washington, DC - Yesterday, United States Senators Susan Collins (R-Maine), Elizabeth Warren (D-Mass.), Mark Kirk (R-Ill.), Tammy Baldwin (D-Wis.), Chairman Lamar Alexander (R-Tenn.), and Ranking Member Patty Murray (D-Wash.) introduced the Advancing NIH Strategic Planning and Representation in Medical Research Act. The legislation will advance a number of policies to improve planning, collaboration, and representation in research conducted and funded by the National Institutes of Health … Continue Reading

April 05, 2016

Senator Warren Questions Former Fed Regulator Whose Failures Helped Cause the Financial Crisis

Full Video Here Washington, DC - Today, United States Senator Elizabeth Warren attended a Senate Banking Committee hearing about assessing the effects of consumer finance regulations. At the hearing, Senator Warren questioned one of the witnesses chosen by Chairman Richard Shelby (R-Ala.): former Federal Reserve (Fed) regulator Leonard Chanin. From 2005 to 2011, Chanin helped lead the Fed's Division of Consumer and Community Affairs, where he had the responsibility and authority to regulate … Continue Reading

April 05, 2016

Senators Warren and Enzi Introduce Bipartisan Bill to Strengthen Genetic Privacy Protections for Research Participants

Washington, DC - United States Senators Elizabeth Warren (D-Mass.) and Mike Enzi (R-Wyo.) today introduced the bipartisan Genetic Research Privacy Protection Act, which would strengthen privacy protections for the genetic information of medical research participants. Federal agencies as well as research institutions maintain large databases of genetic information. It also is now possible to use genetic information to identify individuals and to learn information about their health and the … Continue Reading

April 01, 2016

Warren, Markey, Keating, and Kennedy Applaud Release of Additional LIHEAP Funds for Mass. Residents

Washington, DC - United States Senators Elizabeth Warren and Edward J. Markey, along with Congressmen Bill Keating and Joe Kennedy III applauded today's release of an additional $14,806,664 of Low Income Home Energy Assistance Program (LIHEAP) funds for families in Massachusetts. With this second release, 99 percent of FY 2016 formula funds will have been provided to grantees. The remaining one percent is being held back pending final agency-wide budget decisions by the U.S. Department of … Continue Reading

March 31, 2016

Senator Warren Calls for SEC Investigation Into Financial Services Providers Over Contradictory Statements on the DOL Conflict of Interest Rule

Washington, DC - United States Senator Elizabeth Warren today sent a letter to Securities and Exchange Commission (SEC) Chair Mary Jo White to request that the SEC open an investigation into whether financial services providers violated securities laws by misleading investors by making contradictory statements about the impacts on their business practices of the Department of Labor's (DOL) pending Conflict of Interest Rule. "Corporate interests have become accustomed to saying whatever they … Continue Reading

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