Press Releases

April 18, 2024

Senator Warren and Rep. Khanna Reintroduce Bill to Stop Wall Street from Profiting Off Water and Water Rights

Washington, D.C. - Senator Elizabeth Warren (D-Mass.) and Representative Ro Khanna (D-Calif.) have re-introduced the Future of Water Act to amend the Commodity Exchange Act to prohibit the trading of water and water rights in commodity futures contracts. Under current law, water prices are vulnerable to manipulation and speculation from futures markets. Without limitations on these markets, passive investors are incentivized to purchase acres of farmland purely for the commoditized water … Continue Reading

April 17, 2024

ICYMI: Senator Warren Introduces Brian Murphy Before Senate Judiciary Committee

Washington, D.C. - At a hearing of the Senate Judiciary Committee, U.S. Senator Elizabeth Warren (D-Mass.) introduced Brian Murphy, nominee for United States District Judge for the District of Massachusetts. Senators Warren and Edward J. Markey (D-Mass.) recommended Mr. Murphy to President Biden for appointment to the federal bench.  Transcript: Nomination HearingU.S. Senate Judiciary CommitteeWednesday, April 17, 2024 Senator Elizabeth Warren: Thank you Chairman Durbin. I appreciate the … Continue Reading

April 17, 2024

Warren, Casey, Luján Slam DoorDash and UberEats for Hidden Junk Fees, Demand Information About Fees and Ties to Executive Compensation

Washington, D.C. - United States Senators Elizabeth Warren (D-Mass.), Bob Casey (D-Penn.), and Ben Ray Luján (D-N.M.) wrote to DoorDash and UberEats, the two largest delivery platforms, calling out their use of hidden junk fees to take advantage of American consumers trying to put food on the table while balancing busy schedules. UberEats and DoorDash have taken advantage of consumers, who are relying more and more on delivery services to put food on the table while balancing difficult work … Continue Reading

April 17, 2024

Warren, Shaheen, Warnock, Seek Answers from Novo Nordisk on Discontinuation of Levemir Insulin After Announced Price Reduction

Washington, D.C. - U.S. Senators Elizabeth Warren (D-Mass.), Jeanne Shaheen (D-N.H.), and Reverend Raphael Warnock (D-Ga.) sent a letter to the leadership of Novo Nordisk (Novo), slamming the company for its decision to discontinue production of Levemir (detemir) insulin -one of only three long-acting insulins on the market-and asked the company to commit to continue producing Levemir until a biosimilar is made available.  On March 14, 2023, Novo Nordisk announced that the price of Levemir … Continue Reading

April 17, 2024

Warren to Secretary Yellen: Any New Crypto Legislation Must Include All Anti-Money Laundering Protections Requested by Treasury Department

Washington, D.C. - United States Senator Elizabeth Warren (D-Mass.), a member of the Senate Banking, Housing, and Urban Affairs Committee, sent a letter to Secretary of the Treasury Janet Yellen, expressing the need for any new cryptocurrency legislation to include the full suite of anti-money laundering (AML) authorities that Treasury Department (Treasury) requested in a November 2023 letter to Congress. Senator Warren highlighted the growing threat crypto poses to our national security, … Continue Reading

April 16, 2024

At Hearing, Warren Calls for Closing Loopholes In Revolving Door Between US Military and Foreign Governments

Washington, D.C. - At a hearing of the Senate Armed Services Committee, U.S. Senator Elizabeth Warren (D-Mass.) called for closing loopholes in the revolving door between the military and foreign governments, including policies that allow active duty service members to begin negotiating employment with foreign governments before they leave the military. Senator Warren also raised concerns that service members are being hired by private entities and may not know they are signing up to work for … Continue Reading

April 16, 2024

At Hearing, Warren Calls on CMS to Finalize Proposed Nursing Home Minimum Staffing Rule to Ensure Safe, High-Quality Care

Witness Confirms “Virtuous Cycle” of Higher Staffing, Improved Quality of Care; Criticizes Industry Attacks on Rule “The federal government plays a critical role in ensuring high-quality care at long-term care facilities - and that starts with the workforce. It starts with the dedicated doctors, the nurses, the nurses assistants, that provide the daily care for millions of residents.”  “CMS should move quickly to finalize this proposed rule - and should make it even stronger. This would help … Continue Reading

April 16, 2024

Following Tax Day, Warren Applauds Successful IRS Direct File Pilot, Pushes Back on Baseless Attacks to Program’s Legality at Hearing

Washington, D.C. —The day after the tax filing deadline, at a hearing of the U.S. Senate Committee on Finance, U.S. Senator Elizabeth Warren (D-Mass.) questioned Internal Revenue Service (IRS) Commissioner Daniel I. Werfel, on the IRS’s use of Inflation Reduction Act funds to successfully pilot a Direct File program, a first-of-its-kind option for Americans in twelve states to be able to file their taxes online directly with the IRS, easily and for free. In response, Commissioner Werfel … Continue Reading

April 16, 2024

Warren, Markey Call Out Medical Properties Trust and Macquarie Infrastructure Partners for Exploiting Steward Hospitals, Urge Them to Help Keep the Hospitals Open

Boston, MA - United States Senators Elizabeth Warren (D-Mass.) and Edward J. Markey (D-Mass.) sent a letter to Edward K. Aldag, Jr., Chairman and CEO of Medical Properties Trust (MPT) and Karl Kuchel, CEO of Macquarie Infrastructure Partners (MIP), pushing them to play a role in stabilizing Steward Health Care in Massachusetts. MPT and MIP share ownership of Steward’s Massachusetts hospitals’ real estate, and have been collecting huge lease payments from Steward on property the company used to … Continue Reading

April 16, 2024

Warren, Blumenthal Probe OCC Regulatory Failures Amid New York Community Bank’s Financial Spiral

Washington, D.C. - United States Senators Elizabeth Warren (D-Mass.), a member of the Senate Banking, Housing, and Urban Affairs Committee and Richard Blumenthal (D-Conn.), Chair of the Senate Homeland Security and Governmental Affairs Committee Permanent Subcommittee on Investigations, sent a letter to Acting Comptroller of the Currency Michael Hsu, seeking answers about the Office of the Comptroller of the Currency’s (OCC) approval of the December 2022 merger between New York Community Bank … Continue Reading

April 15, 2024

Warren, Grassley Probe CFTC Chair Behnam's Interactions and Meetings with Sam Bankman-Fried

Washington, D.C. - United States Senators Elizabeth Warren (D-Mass.), a member of the Senate Banking, Housing, and Urban Affairs Committee, and Chuck Grassley (R-Iowa), a member of the Senate Agriculture Committee, sent a letter to Rostin Behnam, Chair of the Commodity Futures Trading Commission (CFTC), requesting an accounting of all meetings and correspondence between Chair Behnam and Sam Bankman-Fried during his tenure as Chair.  “Mr. Bankman-Fried was sentenced last month to 25 years in … Continue Reading

April 15, 2024

Warren, Whitehouse Demand Explanation for U.S. Chamber of Commerce Lawsuit to Stop CFPB Late Fees Rule

Washington, D.C. - Senators Elizabeth Warren (D-Mass.) and Sheldon Whitehouse (D-R.I.) wrote to the U.S. Chamber of Commerce (Chamber) demanding an explanation for their decision to sue the Consumer Financial Protection Bureau (CFPB) over its rule that caps most credit card fees at $8 and their defense of credit card companies’ exploitative late fee practices. The Chamber filed a lawsuit just two days after the CFPB finalized the rule, which was estimated to save consumers as much as $10 … Continue Reading

April 15, 2024

Warren, Senators Applaud Success of Direct File Pilot During the 2024 Tax Filing Season, Highlight Rave Reviews, Millions of Dollars in Refunds Claimed and Filing Fees Saved

The IRS Direct File pilot is open through April 15 in 11 of the 12 pilot states, with Massachusetts giving taxpayers through April 17 to file their taxes.  IRS Direct File Pilot (Website) Washington, D.C. - As the 2024 Tax Filing season comes to a close, United States Senator Elizabeth Warren (D-Mass.) issued the following statement and led fellow senators in celebrating the completion of the first Direct File pilot program in twelve states, including Massachusetts:  “The Direct File pilot … Continue Reading

April 15, 2024

On Tax Day, Warren Blasts Intuit for Deceptive TurboTax Ads and Junk Fees, Urges the FTC to Continue Cracking Down

Washington, D.C. — Today, U.S. Senator Elizabeth Warren (D-Mass.) sent a letter to Chair Lina M. Khan of the Federal Trade Commission (FTC), blasting Intuit, the maker of TurboTax, for continuing to relentlessly upsell TurboTax users despite numerous FTC and state lawsuits and settlements. Senator Warren applauded the FTC’s oversight of Intuit, and urged the Commission to continue to take action to protect taxpayers from tax preparation companies that pile junk fees onto users.. “Filing taxes … Continue Reading

April 12, 2024

ICYMI: At Hearing, Warren Highlights How Low Reimbursement for Primary Care and Administrative Complexity in Value-Based Care Drive Corporatization and Consolidation

Washington, D.C. - At a hearing of the Senate Finance Committee, U.S. Senator Elizabeth Warren (D-Mass.) warned about the dangers of corporatization in health care and explained how Medicare payment policy has forced more physicians to sell their practices to private equity, insurance companies, and other corporate entities.  Senator Warren pointed out an alarming increase in buyouts of physician practices and how corporate consolidation increases costs and lowers quality of care. Senator … Continue Reading

April 11, 2024

ICYMI: Chairing Economic Policy Subcommittee, Warren Highlighted MOHELA’s Failures During Return to Repayment and Its Impact on Borrowers, Urged Accountability

MOHELA, the exclusive servicer for the PSLF program, failed to deliver timely billing statements to 2.5 million borrowers, sent incorrect billing statements to 280,0000 borrowers, and implemented a “call deflection” scheme after making those errors — harming borrowers who sought help.  Video of Hearing Washington, D.C. — Yesterday, chairing a hearing of the Committee on Banking, Housing, and Urban Affairs Subcommittee on Economic Policy, U.S. Senator Elizabeth Warren (D-Mass.) led a hearing … Continue Reading

April 11, 2024

ICYMI: At Hearing, Warren Secures Commitment from Special Operations Commander to Address Blast Overpressure Exposure for Service Members

Washington, D.C. - At a hearing of the Senate Armed Services Committee, U.S. Senator Elizabeth Warren (D-Mass.) raised serious concerns about service members’ exposure to blast overpressure from firing weapons, which can cause traumatic brain injuries and other harm, and called on the Commander of the Special Operations Command (SOCOM) to seriously address blast overpressure exposure.  Special Operations Forces are one of the communities at the greatest risk for blast overpressure exposure, … Continue Reading

April 11, 2024

Warren, Ernst, Khanna, Senators Announce Bipartisan Bill to Mitigate Blast Overpressure and Protect Service Members

Washington, D.C. - U.S. Senators Elizabeth Warren (D-Mass.), Chair of the Senate Armed Services Personnel Subcommittee, and Joni Ernst (R-Iowa), Ranking Member of the Senate Armed Services Emerging Threats and Capabilities Subcommittee, introduced the Blast Overpressure Safety Act - bipartisan legislation that would direct the Department of Defense (DoD) to enact a variety of measures to help mitigate and protect service members from blast overpressure. Representative Ro Khanna (D-Calif.) will … Continue Reading

April 10, 2024

Chairing Hearing, Warren Slams MOHELA for Failures During Return to Repayment, Impact on Borrowers

Washington, D.C. — Today, U.S. Senator Elizabeth Warren (D-Mass.), chair of the Banking, Housing, and Urban Affairs Subcommittee on Economic Policy, led a hearing on student loan servicer Higher Education Loan Authority of the State of Missouri (MOHELA) and its failures during borrowers’ return to repayment, including MOHELA’s mismanagement of the Public Service Loan Forgiveness program. The hearing follows a new report, released today by Senator Warren, which revealed 3.9 million billing … Continue Reading

April 10, 2024

New Report from Warren, Blumenthal, Markey, Van Hollen Reveals Over 3.9 Million Student Loan Servicer Billing Errors During Return to Repayment

Report - Servicing Scandals: Student Loan Servicers’ Failures During Return to Repayment Washington, D.C. — Today, U.S. Senators Elizabeth Warren (D-Mass.), Richard Blumenthal (D-Conn.), Edward J. Markey (D-Mass.), and Chris Van Hollen (D-Md.) released a new report: Servicing Scandals: Student Loan Servicers’ Failures During Return to Repayment, which reveals  a decades-long pattern of student loan servicer incompetence and misconduct that has affected millions of borrowers nationwide. The … Continue Reading

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