Press Releases

February 07, 2017

Warren Letter Highlights Financial Firms' Support For Fiduciary Rule, Urges Labor Department Not to Delay or Eliminate Protections for Retirees

Washington, DC - United States Senators Elizabeth Warren (D-Mass.) today sent a letter to Acting Secretary of Labor Edward Hugler following President Trump's directive that the Labor Department re-examine the new fiduciary rule for financial advisers, which will protect consumers from predatory conflicts of interest that cost hardworking Americans $17 billion every year. The letter summarizes comments received by Senator Warren from twenty-one leading financial firms affirming widespread … Continue Reading


February 06, 2017

Senate Dems to SEC: Additional Evidence Requires Immediate Investigation Into Congressman Price’s Stock Trading Activities Before Nomination Advances

In a new letter to the SEC, Senate HELP Democrats say "additional evidence" necessitates an investigation and heightens "concerns about Rep. Price's financial dealings and his possible violations of the STOCK Act and insider trading laws" Letter follows several requests made by Democrats and government watchdog organizations for the Office of Congressional Ethics and the SEC to investigate potential violations ICYMI- Last week, Finance Committee Republicans broke longstanding Committee rules … Continue Reading


February 03, 2017

Senators to Trump: Don't Pull the Rug Out from Under States Fighting Opioid Crisis

WASHINGTON, D.C. - U.S. Senator Elizabeth Warren (D-Mass.) today joined Sens. Sherrod Brown (D-Ohio), Tammy Baldwin (D-Wis.), Jeanne Shaheen (D-N.H.) and 19 additional Senate colleagues in warning President Donald Trump that repealing the Affordable Care Act (ACA) with no replacement would pull the rug out from under local communities working to combat the opioid epidemic and could endanger millions of Americans just as they are getting treatment. Repeal threatens to cut $5.5 billion from … Continue Reading


February 03, 2017

Senator Elizabeth Warren's Statement on President Trump's Executive Orders to Roll Back Dodd-Frank, DOL Conflict-of-Interest Rule

Washington, DC - United States Senator Elizabeth Warren released the following statement today on President Trump's executive orders to roll back financial reforms and to delay the Department of Labor's Conflict of Interest rule for financial advisers: "Donald Trump talked a big game about Wall Street during his campaign - but as President, we're finding out whose side he's really on. Today, after literally standing alongside big bank and hedge fund CEOs, he announced two new orders - one that … Continue Reading


February 03, 2017

Warren, Baldwin Call on NEC Director Cohn to Pay Full Taxes on Windfall Payments, Recuse Himself from All Decisions Affecting Goldman Sachs

Washington, DC - United States Senators Elizabeth Warren (D-Mass.) and Tammy Baldwin (D-Wis.) today sent a letter calling on incoming National Economic Council (NEC) Director - and former Goldman Sachs executive - Gary Cohn to recuse himself from any decisions related to Goldman Sachs in light of the $284 million windfall he received upon entering President Trump's Administration. In addition, the senators called on Cohn to immediately pay in full the taxes that would have been due had he not … Continue Reading


February 03, 2017

Sen. Warren Releases Report on Financial Adviser Conflict-of-Interest Rule Threatened by Trump Administration

A PDF copy of the report is available here Washington, DC - U.S. Senator Elizabeth Warren today released a report detailing the kinds of prizes and kickbacks currently offered to retirement advisers for selling certain financial products, regardless of whether those products are in the best interest of consumers. A new Department of Labor (DOL) rule to prevent these conflicts of interest is scheduled to take effect in April 2017; however, President Donald Trump plans to issue a memorandum … Continue Reading


February 02, 2017

Senator Warren Condemns Republican Effort to Repeal SEC Extraction Rule, Hand Massive Giveaway to ExxonMobil

Washington, DC - United States Senator Elizabeth Warren (D-Mass.) delivered remarks on the floor of the Senate this evening voicing her strong opposition to repealing the Securities and Exchange Commission's extraction rule. Repeal of the rule, which passed the House of Representatives today, would hand a massive giveaway to ExxonMobil. The full text of the Senator's remarks as prepared for delivery are as follows: For the first time in more than a decade, the Republican Party controls the … Continue Reading


February 02, 2017

Senators Warren and Grassley Respond to Announcement of Inclusion of Medical Device UDI on Health Insurance Claims Forms

Washington, DC - United States Senators Elizabeth Warren (D-Mass.) and Chuck Grassley (R-Iowa) today responded to yesterday's announcement by the Accredited Standards Committee X12 (X12) that a draft update to health insurance claims forms includes medical devices' unique device identifier (UDI). The Senators wrote to X12 chair Gary Beatty in August to urge this step and have pressed for inclusion of device information on claims forms since 2014. "Adding device identifier information to … Continue Reading


February 01, 2017

Senator Warren's Remarks on the Supreme Court

Washington, DC - United States Senator Elizabeth Warren today delivered remarks on the floor of the Senate on President Trump's nomination of Neil Gorsuch to the Supreme Court. A video of her remarks is here. Her full remarks as prepared for delivery are as follows: Mr. President, we're in the second week of the Trump Presidency, and it's pretty clear that something is happening in our country. All across the nation, Americans in quiet towns and boisterous cities are taking to the streets to … Continue Reading


February 01, 2017

Senators Call for Answers About Alleged Wells Fargo Fraud Cover-up

WASHINGTON, D.C. - Six Democratic Banking Committee members led by Senator Bob Menendez (D-N.J.) today wrote to Wells Fargo CEO Tim Sloan demanding answers after revelations that the bank reportedly tried to cover its tracks by shredding and forging documents to conceal the widespread customer fraud. "These latest allegations by Wells Fargo employees raise yet another red flag indicating that top management and the board of directors of Wells Fargo knew or should have known about the extensive … Continue Reading


February 01, 2017

Senators Markey and Warren Call on FERC to Rescind Authorization for Spectra’s Atlantic Bridge Pipeline

Washington, DC - Senators Edward J. Markey (D-Mass.) and Elizabeth Warren (D-Mass.) today sent a letter to the Federal Energy Regulatory Commission (FERC) calling on it to immediately rescind the order authorizing Spectra's Atlantic Bridge pipeline project in light of the announcement from Commissioner Norman Bay that he will resign from FERC on February 3, 2017, which will leave FERC without the quorum needed to be able to hear challenges of this pipeline approval. The absence of a quorum at … Continue Reading


February 01, 2017

Warren: Americans Cannot Trust Rex Tillerson to be a Strong Advocate for US Interests

Washington, DC - In remarks delivered on the Senate floor Tuesday evening, United States Senator Elizabeth Warren detailed her opposition to Rex Tillerson's nomination to serve as Secretary of State. She stated that Tillerson's "extensive and longstanding ties with Russia mean that the United States of America simply cannot trust him to be a strong advocate for the interests of our country." The Senate is expected to vote on Tillerson's nomination on Wednesday. In her speech, Warren explained … Continue Reading


February 01, 2017

Senate Dems Call Out Trump Administration for Appointee Hires with History of Making Racist, Bigoted, and Misogynistic Statements

Recent report shows several hires by the Trump transition team at the Department of Education have used social media to make hateful statements about African-Americans, transgender people, and women-LINK Today in a new letter Senators says they are "deeply troubled" with the employment decisions and hiring practices being established by the Trump Administration Senators request immediate information of Administration's vetting procedures for appointees and the Department's efforts to promote … Continue Reading


January 31, 2017

Senator Warren's Statement on the Nomination of Neil Gorsuch to the Supreme Court

Washington, DC - United States Senator Elizabeth Warren (D-Mass.) released the following statement on the nomination of Neil Gorsuch to the Supreme Court: "President Trump had the chance to select a consensus nominee to the Supreme Court. To the surprise of absolutely nobody, he failed that test. "Instead, he carried out his public promise to select a nominee from a list drawn up by far right activist groups that were financed by big business interests. "Judge Gorsuch has been on this list for … Continue Reading


January 31, 2017

New Report from Senators Murray, Warren: Workers Under Andrew Puzder Are Overworked, Underpaid, and Lack Basic Benefits

Today Senators Murray and Warren released a new report detailing first-hand accounts from workers at Hardee's and Carl's Jr. restaurants across the country Workers reveal shocking mistreatment-rock-bottom wages, no sick time, and unsafe working conditions Pattern of disrespect for workers-Puzder has described employees at his restaurants as the "best of the worst" available in the employment pool-LINK Third delay of hearing on Puzder nomination has raised serious questions-LINK Washington, … Continue Reading


January 31, 2017

Sen. Warren Statement on the Nomination of Sen. Jeff Sessions for Attorney General

Washington, DC - U.S. Senator Elizabeth Warren released the following statement today on the nomination of Senator Jeff Sessions to serve as Attorney General of the United States: "Last night, the acting Attorney General of the United States refused to defend President Trump's unlawful and unconstitutional Muslim ban, so Donald Trump fired her. Let me repeat: the President of the United States just fired the nation's top law enforcement officer for refusing to defend an illegal, … Continue Reading


January 31, 2017

Senators ask Inspector General to investigate HHS suspension of Affordable Care Act outreach efforts at enrollment deadline

Washington, DC - U.S. Senators Elizabeth Warren (D-Mass.) and Patty Murray (D-Wash.) today requested an investigation by the Department of Health and Human Services Office of Inspector General (HHS OIG) into the Department's decision to halt advertisements and suspend e-mail and social media outreach in the final days of the 2017 Affordable Care Act (ACA) open enrollment season. The senators noted that this decision "has been labeled 'outrageous' and 'irresponsible'," and that "the strength … Continue Reading


January 30, 2017

Senators Call on Sec. of State Nominee Rex Tillerson to Recuse Himself from All Matters Related to ExxonMobil

Washington, DC - As the Senate prepares to take its first full vote on the nomination of former ExxonMobil CEO Rex Tillerson to be Secretary of State, Senator Edward J. Markey (D-Mass.), a member of the Senate Foreign Relations Committee, today led a group of nine other senators in calling on Mr. Tillerson to recuse himself from participating in any matter that could impact ExxonMobil for the entirety of his tenure at the department. Mr. Tillerson's Ethics Agreement includes only a one-year … Continue Reading


January 30, 2017

Senator Warren to Serve on Airland, Personnel, and Strategic Forces Subcommittees

Washington, DC - The Senate Committee on Armed Services announced today that Senator Elizabeth Warren (D-Mass.) will serve on the Airland, Personnel, and Strategic Forces Subcommittees during the 115th Congress. "Serving on these Armed Services subcommittees is an opportunity to support the innovative defense work at Massachusetts' military installations - work that strengthens our national security and helps our servicemembers do their jobs as safely and effectively as possible," Senator … Continue Reading


January 27, 2017

HELP Committee Members Raise Fresh Concerns About Education Secretary-Designate Betsy DeVos's Conflicts of Interest in Higher Education

Washington, D.C. - Today, members of the Senate Health, Education, Labor and Pensions (HELP) Committee wrote to Education Secretary-Designate Betsy DeVos, raising concerns about Betsy DeVos's potential conflicts of interest that may not be resolved by her public ethics agreement, particularly potential conflicts in higher education. In their letter, Senators Elizabeth Warren (D-Mass.), Bernie Sanders (I-Vt.), Sheldon Whitehouse (D-RI), Tammy Baldwin (D-WI), Chris Murphy (D-CT), and Maggie … Continue Reading

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