Press Releases

March 07, 2018

Warren Releases 17 Amendments Filed to Senate Bank Deregulation Bill

Washington, DC - United States Senator Elizabeth Warren (D-Mass.) filed 17 amendments to demonstrate serious flaws with the Senate's legislation to roll back rules on the biggest banks in the country. The amendments include prohibiting rolling back the rules on any big bank that got more than $1 billion in bailout money, striking provisions of the bill that exclusively benefit the biggest Wall Street banks, imposing mandatory penalties on companies like Equifax when they lose consumer … Continue Reading

March 07, 2018

Senator Warren Outlines How Bank Deregulation Bill Poses Risk to Economy

Washington, DC ­- In a floor speech delivered today on the Senate floor, United States Senator Elizabeth Warren (D-Mass.) continued speaking out against the Senate's effort to roll back the rules on the biggest banks in the country. In her remarks, Senator Warren discussed how, in addition to hurting American consumers, the legislation to deregulate these banks will increase the risk of another economic meltdown.The speech is the second of three floor speeches that Senator Warren … Continue Reading

March 07, 2018

Warren Leads Senators Urging NLRB to Allow McDonald's Joint-Employer Case to Advance

Washington, DC - United States Senator Elizabeth Warren (D-Mass.) led a group of five senators writing to Peter Robb, General Counsel of the National Labor Relations Board (NLRB), requesting that he allow the trial in the McDonald's joint-employer case to proceed so that a judge may rule on McDonald's liability. The McDonald's case, which involves hundreds of allegations that the company unlawfully harassed and fired workers organizing for higher wages, has been in trial before an … Continue Reading

March 06, 2018

Senator Warren Discusses Negative Impact of Bank Deregulation Bill on American Consumers

Video (Facebook)Washington, DC - United States Senator Elizabeth Warren (D-Mass.) today delivered a speech on the Senate floor in which she spoke out against the Senate's effort to deregulate big banks 10 years after the financial crisis. In her remarks, Senator Warren discussed how the bank deregulation bill would hurt consumers and make it easier for banks to engage in discriminatory behavior and offer risky home loans to consumers who can't afford them.The speech is the first in a … Continue Reading

March 06, 2018

Warren Introduces Legislation to Compensate Investors Cheated by Brokers and Dealers

Bill Text | One-PagerWashington, DC - United States Senator Elizabeth Warren (D-Mass.) today introduced the Compensation for Cheated Investors Act which would direct the Financial Industry Regulatory Authority (FINRA) to use its existing authority to compensate investors for unpaid arbitration awards against FINRA members. Investors don't win very often in the arbitration process - and when they do, they often don't get paid. According to a December 2015 report by FINRA's Dispute … Continue Reading

March 06, 2018

Warren, Blumenthal, Sanders Press FEMA on Preparations for Upcoming Hurricane Season

Washington, DC - United States Senators Elizabeth Warren (D-Mass.), Richard Blumenthal (D-Conn.), and Bernie Sanders (I-Vt.) today sent a letter to Brock Long, Administrator of the Federal Emergency Management Agency (FEMA), requesting information on the agency's plans to prepare for the upcoming hurricane season following the devastation in Florida, Texas, Puerto Rico, and the U.S. Virgin Islands caused by Hurricanes Harvey, Irma, and Maria. The letter comes as early predictions suggest that … Continue Reading

March 02, 2018

Warren Questions Trump's ONDCP Nominee James Carroll Ahead of Confirmation Hearing

Washington, D.C. - United States Senator Elizabeth Warren (D-Mass.) today sent a letter to President Trump's nominee for the Office of National Drug Control Policy (ONDCP) Director James Carroll, requesting information on his public health and addiction policy experience and on how he would use the role of ONDCP Director to strengthen the White House's weak response to the opioid crisis. The ONDCP plays a critical role in directing the Trump Administration's response to the opioid epidemic, … Continue Reading

March 01, 2018

Warren, Sanders Request $1 Billion for Mental Health Programs

Washington, DC -United States Senators Elizabeth Warren (D-Mass.) and Bernie Sanders (I-Vt.) today sent a letter to Senate Appropriators Thad Cochran (R-Miss.) and Patrick Leahy (D-Vt.), urging them to appropriate $1 billion in FY 2018 to mental health programs through the Substance Abuse and Mental Health Administration (SAMHSA). While the Bipartisan Budget Act of 2018, which passed last month, included $6 billion to address the opioid and mental health crisis, the legislation did not … Continue Reading

March 01, 2018

Warren, Daines Re-Introduce Bill to Upgrade America's Retirement Saving System

Bill Text | One-PagerWashington, DC - United States Senators Elizabeth Warren (D-Mass.) and Steve Daines (R-Mont.) today re-introduced the bipartisan Retirement Savings Lost and Found Act to modernize the retirement system to better protect Americans' hard-earned savings. The proliferation of small accounts is costing Americans tens of billions of dollars every year in lost savings because of cash-outs and redundant fees, and that doesn't include lost savings from missing … Continue Reading

March 01, 2018

Warren Statement on Equifax Disclosure of 2 Million More Americans Affected by Massive Data Breach

Washington, DC - United States Senator Elizabeth Warren (D-Mass.) released the below statement in response to Equifax identifying 2.4 million more people affected by its massive data breach than initially reported: "I spent 5 months investigating the Equifax breach and found the company failed to disclose the full extent of the hack. Today, Equifax acknowledged that 2.4 million more people were affected than initially reported and that driver's license information was also stolen. … Continue Reading

March 01, 2018

With SNAP Under Attack, Warren, Blumenthal, Colleagues Introduce Legislation to Ensure Recipients Seeking Employment Don't Unfairly Lose Benefits

Washington, DC - U.S. Senators Elizabeth Warren (D-Mass.), Richard Blumenthal (D-Conn.), Chris Murphy (D-Conn.), Edward J. Markey (D-Mass.), Mazie Hirono (D-Hawaii), and Bernie Sanders (I-Vt.) introduced legislation today to support Supplemental Nutrition Assistance Program (SNAP) recipients with job training and resources to seek employment opportunities. The bill introduction follows a Trump Administration proposal to severely cut SNAP benefits by $17 billion in 2019, and restructure … Continue Reading

March 01, 2018

Warren, Feinstein, Cortez Masto Seek Data on Prevalence of Sexual Harassment in Financial Sector

Washington, DC - United States Senators Elizabeth Warren (D-Mass.), Dianne Feinstein (D-Calif.), and Catherine Cortez Masto (D-Nev.) today sent letters to the Securities Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA), requesting information on the prevalence of sexual harassment within the financial sector. The financial services industry employs over six million people. According to EEOC data, the "finance and insurance" sector generated the ninth-largest … Continue Reading

March 01, 2018

New Warren-Clark Report: DeVos Tenure has been a Boon for Shady For-Profit Colleges, Student Loan Companies, and School Privatization Advocates

Washington, DC - United States Senator Elizabeth Warren and Representative Katherine Clark today unveiled the first "DeVos Watch" annual review. The 17-page report finds that Secretary DeVos's major actions during her first year in charge of the U.S. Department of Education has been a boon for for-profit colleges, student loan companies, and advocates of school privatization at the expense of America's K12 and college students. The report reveals that Secretary DeVos's actions have … Continue Reading

February 27, 2018

Warren, Bennet, Heller, Toomey Introduce Bill to Combat Opioid Crisis with E-Prescriptions

Video: Senator Warren Discusses How E-Prescribing Can Help Fight the Opioid CrisisWashington, D.C. - U.S. Senators Elizabeth Warren (D-Mass.), Michael Bennet (D-Colo.), Dean Heller (R-Nev.), and Pat Toomey (R-Penn.) today introduced the Every Prescription Conveyed Securely (EPCS) Act to combat opioid overdoses by requiring electronic prescriptions for controlled substances under Medicare. “We need to be using every tool at our disposal to fight the opioid epidemic,” Warren said. “I’m glad … Continue Reading

February 27, 2018

Warren Calls on Institutional Investors to Encourage More Responsible Action by Gun Manufacturers

Washington, DC - In the wake of the Parkland, Florida mass shooting, United States Senator Elizabeth Warren (D-Mass.) today sent letters to nine major gun company shareholders calling on them to use their financial leverage to ensure that the companies they invest in are taking steps to reduce gun violence. Since the start of 2018, there have been 34 mass shootings across the country. On February 14, 2018, a 19-year old gunman opened fire on students, teachers, and staff at Marjory Stoneman … Continue Reading

February 27, 2018

Warren, Rosen Unveil Bicameral Legislation to End Secrecy in Workplace Harassment Settlements

Bill Text | One-Pager Washington, DC - United States Senator Elizabeth Warren (D-Mass.) and Representative Jacky Rosen (D-Nev.) today introduced the Sunlight in Workplace Harassment Act, which would require publicly-traded companies to disclose workplace harassment and discrimination settlements. In recent months, reports of high-profile sexual harassment and abuse settlement cases involving corporate executives, along with other sexual harassment allegations, have sparked a national … Continue Reading

February 26, 2018

Warren, Murray Call on NLRB Chairman to Reconsider Hy-Brand Decision as Watchdog Finds "Serious and Flagrant Problems"

Washington, DC - United States Senator Elizabeth Warren (D-Mass.) and Ranking Member of the Senate Health, Education, Labor, and Pensions (HELP) Committee, Senator Patty Murray (D-Wash.) today sent letters to National Labor Relations Board (NLRB) Chairman Marvin Kaplan and Member William Emanuel in the wake of an investigation by the NLRB inspector general (IG) finding that Member Emanuel's participation in the December 2017 Hy-Brand case "exposes a serious and flagrant problem and/or … Continue Reading

February 23, 2018

Warren, Jones, Bonamici Press DeVos on Suspicious Stock Trades timed to Education Department Announcements

Washington, DC - United States Senator Elizabeth Warren (D-Mass.), Ranking Member of the Subcommittee on Financial Institutions and Consumer Protection, Senator Doug Jones (D-Ala.) and Representative Suzanne Bonamici (D-Ore.), Vice Ranking Member of the Committee on Education and the Workforce, today sent a letter to Secretary of Education Betsy DeVos urging her to address disclosure of non-public information about important Department of Education actions. The disclosures appear to be … Continue Reading

February 23, 2018

Warren, Blumenthal, Merkley Press Mulvaney on Failure to Explain Sudden Actions Benefitting Payday Lenders

Washington, DC - United States Senators Elizabeth Warren (D-Mass.), Richard Blumenthal (D-Conn.) and Jeff Merkley (D-Ore.) today sent a letter to Office of Management and Budget Director Mick Mulvaney, urging him to provide clarity on the rationale for his recent actions benefiting payday and installment lenders. The senators were among those who first wrote to Mr. Mulvaney on January 31st, questioning his actions to benefit the payday industry. Mulvaney's response to the letter raised … Continue Reading

February 20, 2018

Congress Passes Bipartisan Warren-Cartwright Legislation to Protect Veterans from Financial Scams

Washington, DC - Last Thursday evening, the United States Senate passed by unanimous consent the Veterans Care Financial Protection Act, a bipartisan bill introduced by Senators Elizabeth Warren (D-Mass.), Marco Rubio (R-Fla.) and Representatives Matt Cartwright (D-Pa.), Seth Moulton (D-Mass.), Jim Renacci (R-Ohio), Steve Cohen (D-Tenn.), Ted Deutch (D-Fla.). A modified version of the bill previously passed the House of Representatives unanimously and now heads to the President for his … Continue Reading

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