Press Releases

October 29, 2013

Members of Massachusetts Delegation Join Bipartisan Coalition, Introduce Bill to Protect Homeowners From Flood Insurance Rate Spike

WASHINGTON, DC - United States Senators Elizabeth Warren and Edward J. Markey, and Representatives John Tierney (MA-6), Stephen Lynch (MA-8), Niki Tsongas (MA-3) and William Keating (MA-9) today joined a bipartisan coalition of members to introduce the Homeowner Flood Insurance Affordability Act, which will protect millions of homeowners from facing huge flood insurance premium rate hikes and require the Federal Emergency Management Agency (FEMA) to complete an affordability study and propose … Continue Reading


October 29, 2013

Senator Warren Lays Out Housing Finance Reform Priorities in MBA Remarks

Remarks as prepared for delivery are available here Washington, DC - In remarks to the Mortgage Bankers Association today, United States Senator Elizabeth Warren laid out her priorities for housing finance reform. She stressed the importance of preserving the elements of the American housing finance system that promote widespread home ownership while putting in place safeguards that reduce systemic risk in the housing market. The Senator also talked about increasing access to mortgage loan … Continue Reading


October 28, 2013

Markey, Warren, Ayotte, Wyden, Merkley Introduce Legislation to Honor Glen A. Doherty and Tyrone Woods, Heroes Killed in Libyan Consulate Attack

Washington (October 28, 2013) - Senators Edward J. Markey (D-Mass.), Elizabeth Warren (D-Mass.), Kelly Ayotte (R-N.H.), Ron Wyden (D-Ore.) and Jeff Merkley (Ore.) today introduced legislation to posthumously award the Congressional Gold Medal to Glen A. Doherty and Tyrone Woods in recognition of their contributions to the nation. Doherty and Woods, both former combat-decorated Navy SEALS, were killed in the attack on the U.S. consulate in Benghazi, Libya in September 2012. Doherty was a native … Continue Reading


October 28, 2013

Senator Warren Calls on Congress to Double NIH Funding, Promotes Critical Government Investments in Scientific Research

Remarks as prepared for delivery are available here BOSTON, MA - In remarks to the Boston Chamber of Commerce today, United States Senator Elizabeth Warren called on Congress to double funding for the National Institutes of Health (NIH) and stressed the importance of supporting innovation and basic scientific research. "What drives the Massachusetts economy - and the American economy - is innovation," said Senator Warren. "Innovation makes us soar. And government-supported research is a … Continue Reading


October 28, 2013

Senator Warren Applauds New CFPB Protections for Consumers Sending Money Abroad

Washington, DC - United States Senator Elizabeth Warren today applauded the Consumer Financial Protection Bureau (CFPB) for a new rule the agency issued to protect American consumers making electronic money transfers to foreign individuals and companies, known as "remittance transfers." Until the CFPB was tasked with issuing rules around transfers abroad, there were no protections for remittances. These rules, which go into effect today, will give consumers new confidence that the money they … Continue Reading


October 25, 2013

Warren, Markey, Keating and Kennedy Announce Major Storm Mitigation Grants for Massachusetts

Washington, DC - United States Senators Elizabeth Warren and Edward J. Markey, and Representatives Bill Keating and Joe Kennedy III today announced that Massachusetts has been awarded major grants from the Department of the Interior and the U.S. Fish and Wildlife Service to support storm mitigation efforts. Salt marsh and wetland restoration and flood resilience projects in Dartmouth, Chatham, Harwich, Yarmouth and Taunton will receive more than $10.4 million in total funding. "These grants … Continue Reading


October 23, 2013

Senator Warren Highlights Enforcement Record of SIGTARP, Questions Fed, SEC, OCC

PDF of the full letter is available here WASHINGTON, DC - Today, United States Senator Elizabeth Warren sent a letter to Chairman Ben Bernanke of the Board of Governors of the Federal Reserve System (Fed), Chair Mary Jo White of the U.S. Securities & Exchange Commission (SEC) and Comptroller Thomas Curry of the Office of the Comptroller of the Currency (OCC) to request information about the enforcement records of their agencies between 2009 and 2012. "According to a recent analysis by the … Continue Reading


October 11, 2013

Sens. Warren and Markey Sign Letter Urging Immediate Flood Insurance Rate Relief for Homeowners

WASHINGTON, DC - United States Senators Elizabeth Warren (D-Mass.) and Edward J. Markey (D-Mass.) have signed a bipartisan letter urging Congress to act now to provide immediate rate relief for homeowners impacted by new Federal Emergency Management Agency (FEMA) flood insurance rules. "While we support the long-term reauthorization of the program, we have serious concerns about the sharp rate increases included in that legislation that could render flood insurance unaffordable and … Continue Reading


October 11, 2013

Sen. Warren, Financial Industry Leaders Agree that National Default Would Have Dangerous Consequences

Video of Sen. Warren's Q&A at the Banking Hearing Available Here WASHINGTON, DC - At a Senate Banking Committee hearing on Thursday, United States Senator Elizabeth Warren (D-Mass.) asked financial industry representatives about the economic consequences of a default on our nation's debt if Congress does not raise the debt ceiling. "If the very prospect of a default costs us money and costs us our good name, I don't understand why we keep voluntarily raising the prospect of default with … Continue Reading


October 09, 2013

Senator Warren Urges Congress to Raise the Debt Ceiling Immediately to Prevent Default and Avoid Recession

Video of the Senator's remarks is available here WASHINGTON, DC- In a speech today on the floor of the United States Senate, Senator Elizabeth Warren (D-Mass.) outlined the potential consequences of a voluntary default on our nation's debt and called on Congress to immediately raise the debt ceiling. "We're in this position for one reason, and one reason only: because Congress told the government to spend more money than we have - and Congress told the Treasury to run up our debt to pay … Continue Reading


October 04, 2013

Senator Warren Speaks About the Shutdown and Why Government Matters

Video of the Senator's remarks is available here Full text of the Senator's remarks is available here WASHINGTON, DC - In remarks on the floor of the United States Senate Thursday, Senator Elizabeth Warren spoke about the consequences of the Republican shutdown, and why government matters to the American people. "The anarchy gang is quick to malign government, but when was the last time anyone called for regulators to go easier on companies that put lead in children's toys? Or for food … Continue Reading


September 30, 2013

Sen. Warren Addresses House Republicans' Threat to Shut Down Government, Assault on Women's Health Care

Full Video of the Senator's Remarks Here Washington, DC - In remarks on the floor of the United States Senate today, Senator Elizabeth Warren addressed House Republicans' irresponsible threats to shut down the government and steps to deny women access to contraception and affordable health care. She urged House Republicans to stop their assault on orderly functioning of our government and economy, to keep the government open, and to address the impact of drastic spending cuts from the … Continue Reading


September 28, 2013

Remarks to the Education Writers Association Conference on Higher Education

Senator Elizabeth WarrenRemarks to the Education Writers Association Conference on Higher EducationNortheastern UniversityBoston, MA As Prepared for Delivery Thank you to Caroline Hendrie and the Education Writers Association for inviting me to join you today. The American education system faces some huge challenges, and high quality news coverage in this area is more important than ever. So I am very pleased to have the opportunity to speak with you today. I understand that you all have been … Continue Reading


September 27, 2013

Senators Warren, Markey, Congressman Neal Announce $3.8 Million Grant for Springfield Public Schools

Washington, DC - United States Senators Elizabeth Warren and Edward J. Markey, and Congressman Richard E. Neal today announced that the Department of Education's Office of Innovation and Improvement has awarded Springfield Public Schools (SPS) a $3,850,000 Magnet School Assistance Program grant. Senator Elizabeth Warren wrote a letter to the Department of Education earlier this year in support of the grant application. "This award is exciting news for Springfield Public Schools," said … Continue Reading


September 27, 2013

Senators Warren, Markey, Congressman Neal Announce $3.8 Million Grant for Springfield Public Schools

Washington, DC - United States Senators Elizabeth Warren and Edward J. Markey, and Congressman Richard E. Neal today announced that the Department of Education's Office of Innovation and Improvement has awarded Springfield Public Schools (SPS) a $3,850,000 Magnet School Assistance Program grant. Senator Elizabeth Warren wrote a letter to the Department of Education earlier this year in support of the grant application. "This award is exciting news for Springfield Public Schools," said … Continue Reading


September 26, 2013

Senators Warren, Markey, and Reps. Tsongas, McGovern Applaud Mt. Wachusett Community College for Securing Major Advanced Manufacturing Training Grant

Washington, DC - United States Senators Elizabeth Warren and Edward J. Markey and Representatives Niki Tsongas and Jim McGovern today applauded Mount Wachusett Community College (MWCC) for securing a major grant from the Department of Labor. MWCC, located in Gardner, will oversee the $15.9 million grant in partnership with Southwest Tennessee Community College, North Central State College in Ohio, and Bossier Parish Community College in Louisiana, to create the Advanced Manufacturing, … Continue Reading


September 26, 2013

Sen. Warren Calls on Financial Industry Executives to Support Raising Debt Ceiling, Ending 'Too Big to Fail' in Remarks to Financial Services Roundtable

Washington, DC - In remarks to the Financial Services Roundtable today, Senator Elizabeth Warren called on executives from some of the largest financial institutions to speak out against a voluntary default on the United States' debt and to support additional measures to address "Too Big To Fail." "Let me bring this home: this whole mess is already costing you money, and it could well cost you a lot more," said Senator Warren. "If the government's borrowing costs go up, your costs will go up. … Continue Reading


September 26, 2013

Democratic Lawmakers Ask Big Bank CEOs to Explain Student Debit Card Deals with Colleges

Washington, DC - Democratic lawmakers in the House and Senate today expressed deep concern over financial arrangements between colleges and banks that could steer financially-strapped students into fee-laden debit cards that increase the costs of college. In letters sent to some of the nation's largest banks, the legislators ask bank executives to explain the scope of any such arrangements, how much money the deals pay to colleges, and how much in fees are charged to students. Policymakers … Continue Reading


September 25, 2013

Markey, Warren Call for Full Funding of LIHEAP in Continuing Resolution

Washington (September 25, 2013) - With winter on the horizon and as Congress debates a spending plan for the remainder of the year, Senators Edward J. Markey (D-Mass.) and Elizabeth Warren (D-Mass.) joined with 32 of their colleagues in a bipartisan letter to Senate leadership calling for maintaining funding of $3.46 billion for the Low Income Home Energy Assistance Program (LIHEAP) in any upcoming continuing resolution. Nationwide, LIHEAP helps low-income households, veterans, and seniors pay … Continue Reading


September 24, 2013

Senator Warren Applauds FHA Loan Modification Policy Change

WASHINGTON, DC - United States Senator Elizabeth Warren today applauded a policy change announced by the Federal Housing Administration (FHA) allowing more individuals to qualify for FHA loan modifications. In July, Warren authored an amendment to compel this change, and earlier this month she wrote to FHA with Senate Banking Committee Chairman Tim Johnson (D-SD) urging the Administration to adopt this policy. "This policy change will reverse the discrimination against seniors, veterans, and … Continue Reading

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