News Coverage
Boston.com: Elizabeth Warren blasts Congress for lack of DACA fix before holidays: ‘What are you waiting for?’
Sen. Elizabeth Warren is decrying the decision by Republican leaders in Congress to head home for the holidays while the future of so-called Dreamers hangs in the balance. "It's been one broken promise after another," Warren said in a speech Thursday on the Senate floor. "One of those promises was to protect 800,000 Dreamers who were brought to the United States as kids. [President Donald] Trump broke this promise when he ended DACA." As a result, the Massechusetts Democrat said it was "up to … Continue Reading
December 19, 2017
Vox: Wells Fargo cheated millions of customers. The Republican tax bill is about to hand it a big win.
Wells Fargo in 2016 was fined $185 million for issuing millions of fake credit card accounts. In 2017, it was caught overcharging clients on currency trades and improperly charging homebuyers to lock into low mortgage rates. And in 2018, it could be about to get the best tax deal of all the big banks. ... "Rather than holding Wells Fargo responsible for cheating its customers, Republicans are looting the Treasury to funnel billions of dollars to the bank," Sen. Elizabeth Warren (D-MA) said in … Continue Reading
December 19, 2017
The Hill: Warren slams GOP tax bill: 'It’s government for sale'
Sen. Elizabeth Warren (D-Mass.) ripped the GOP tax bill in a speech on the Senate floor Tuesday night, calling it "government for sale." "As one of my Republican colleagues said in a moment of honesty, if they don't pass this tax giveaway bill, financial contributions will stop. And a Republican House member said big donors told him to pass the tax bill - or don't ever call them again," Warren said. "Let's call this out for what it is - it's government for sale." "And that's how you end up … Continue Reading
December 18, 2017
The Young Turks: Warren Blasts FedEx and UPS as Evidence GOP Tax Bill Won’t Create Jobs
Several congressional Democrats, including Sen. Elizabeth Warren (D-Mass.), are pointing to findings by TYT in a series of reports on the employment policies of FedEx and UPS as evidence that the Republican tax bill will not create jobs. TYT reported that the two companies-among America's largest employers-already have billions of dollars in cash on hand and are investing hundreds of millions in initiatives that stand to reduce their employment levels. TYT discovered patent applications, for … Continue Reading
December 18, 2017
Reuters: Senator Warren hits out at 'effort to politicize' U.S. consumer agency
Democratic Senator Elizabeth Warren is taking aim at budget chief Mick Mulvaney's plan to fill the ranks of the U.S. consumer financial watchdog with political allies, according to letters seen by Reuters, the latest salvo in a broader battle over who should run the bureau. President Donald Trump last month appointed Mulvaney as acting director of the Consumer Financial Protection Bureau (CFPB), though the decision is being legally challenged by the agency's deputy director, Leandra English, … Continue Reading
December 12, 2017
Springfield Republican: Treasury Department backs GOP tax plan in 1-page analysis, Elizabeth Warren calls report 'bogus'
A U.S. Department of Treasury analysis of Senate Republicans' tax overhaul bill released this week suggested that the $1.5 trillion legislation could pay for itself if the economy grows at as faster pace than has been projected -- findings that drew pushback from at least one Massachusetts Democrat. ... U.S. Sen. Elizabeth Warren, D-Massachusetts, called the report "pathetic" and argued that it shows Mnuchin "has no basis for claiming that the tax plan 'will pay for itself with growth.'" "In … Continue Reading
December 11, 2017
The Hill: Warren shreds Treasury analysis of GOP tax plan: They 'made up the numbers'
Sen. Elizabeth Warren (D-Mass.) targeted the Treasury Department's analysis of the GOP tax plan in a series of tweets Monday, saying officials "made up the numbers" to fit their claims. Warren bashed the one-page analysis released earlier Monday, in which the department said that economic policies passed under President Trump would raise enough revenue to cover the tax cuts in the GOP bill, which directly contradicts several independent analyses, including one from the Joint Committee on … Continue Reading
December 08, 2017
International Business Times: Elizabeth Warren And Sherrod Brown Slam Mulvaney For Conflicts Of Interest
Democratic Sens. Elizabeth Warren (MA) and Sherrod Brown (OH) on Friday slammed President Donald Trump's top financial regulator Mick Mulvaney after evidence surfaced that as a Congressman he raked in campaign contributions from payday lenders just days before he pressured government officials to back off predatory lending regulations. ... "Mr. Mulvaney spent his years in Congress trying to gut consumer protections and undermine the CFPB - and he racked up big donations from payday lenders and … Continue Reading
December 08, 2017
Associated Press: Sen. Warren critical of Trump decision on Jerusalem
BOSTON - U.S. Sen. Elizabeth Warren says she worries that President Donald Trump's decision to recognize Jerusalem as Israel's capital will make it harder to achieve peace in the Middle East. The Massachusetts Democrat spoke to several thousand attendees Friday at The Union For Reform Judaism convention in Boston. Warren says she believes a two-state solution is the best hope for peace. She says Jerusalem is the capital of Israel, and diplomacy between Israelis and Palestinians should … Continue Reading
December 06, 2017
Springfield Republican: Elizabeth Warren talks economic concentration, says she's 'deeply worried' about antitrust enforcement under President Donald Trump
Raising concerns about how Trump administration and Republican-backed policies may be impacting America's economy, U.S. Sen. Elizabeth Warren, D-Massachusetts, spoke out Wednesday against recent corporate mergers and called for ensuring markets remain open and competitive. Warren, during a keynote address at the Open Markets Institute in Washington D.C., urged federal officials to block mergers "that choke off competition," enforce laws against anti-competitive activity and "to get everyone in … Continue Reading
December 05, 2017
Politico: Banking Committee approves Powell as Fed chair, with only Warren opposed
The Senate Banking Committee voted 22-1 on Tuesday to approve the nomination of Jerome Powell as chairman of the Federal Reserve Board. Only Sen. Elizabeth Warren (D-Mass.) voted no, pointing to Powell's inclination to ease financial rules rather than make them stronger. ... "Our financial rules need to be stronger, not weaker," Warren said Tuesday. Read more on the Politico website … Continue Reading
December 04, 2017
The Hill: Warren questions Conway's role in curbing opioid epidemic
Sen. Elizabeth Warren (D-Mass.) is asking for clarification on White House counselor Kellyanne Conway's role in combating the opioid epidemic. In a letter sent Monday to John Kelly, President Trump's chief of staff, Warren noted, in response to confusion on Conway's role last week, that "according to a report by CBS news, the White House later stated that her role was 'not expanding and opioids has always been part of her policy portfolio,' after multiple news outlets reported that she would … Continue Reading
December 02, 2017
Springfield Republican: Elizabeth Warren, Ed Markey slam Senate Republicans for passing tax bill 'in the dead of night'
Massachusetts Democrats condemned Senate Republicans Saturday for approving a nearly $1.5 trillion tax overhaul bill "in the dead of night" -- a vote which they argued came before lawmakers had enough time to read through the newly revised bill. U.S. Sens. Elizabeth Warren and Ed Markey, D-Massachusetts, as well as members of the state's U.S. House delegation, raised concerns about the process through which the legislation cleared the upper chamber, as well as the potential impacts it could … Continue Reading
December 01, 2017
Associated Press: Elizabeth Warren blasts handwritten changes to Republican tax bill
WASHINGTON (AP) - As the Senate neared a momentous vote on the sweeping Republican tax bill, Senate Democrats mocked the nearly 500-page printed text of the legislation - complaining it was given to them at the last minute before the vote. And it had illegible, hand-written notes in the margins, they protested. Sen. Elizabeth Warren of Massachusetts tweeted, "No, I haven't had time to read the 500-page #GOPTaxScam bill that we're voting on tonight," with a photo of her reading aloud from pages … Continue Reading
December 01, 2017
Bloomberg: Warren Calls Mulvaney’s CFPB Stint a ‘Vanity Project’
Mick Mulvaney is indulging in "an ideologically-driven vanity project" at the Consumer Financial Protection Bureau that can only mean he's shirking his duties as President Donald Trump's top budget official, Senator Elizabeth Warren said in a letter on Friday. The Massachusetts Democrat said Mulvaney should instead be focusing his attention on preparing for a looming government shutdown next week instead of trying to do double duty at CFPB and the Office of Management and Budget. Trump and … Continue Reading
November 30, 2017
New York Times: Ahead of Vote, Promised Treasury Analysis of Tax Bill Proves Elusive
WASHINGTON - In pitching the $1.5 trillion tax overhaul, Steven Mnuchin, the Treasury secretary, has said repeatedly that the plan will pay for itself through a surge of economic growth and that over 100 people in Treasury are "working around the clock on running scenarios for us." Mr. Mnuchin has promised that Treasury will release its analysis in full. Yet, as the full Senate prepares to vote on a sweeping tax rewrite, the administration has yet to produce the type of economic analysis that … Continue Reading
November 30, 2017
Mother Jones: Elizabeth Warren Just Sent a Scathing Letter to Treasury Secretary Steve Mnuchin About His Tax Bill Charade
Treasury Secretary Steve Mnuchin has been promising for months that his department is working hard on an analysis of a $1.5 trillion tax reform bill currently under consideration by the Senate, noting time and time again that the bill practically pays for itself. He also promised to release the analysis in full. But on Thursday, just a day before the Senate is expected to vote on the legislation, Sen. Elizabeth Warren (D-Mass.) is wondering: So, where is that assessment? Earlier in the day, … Continue Reading
November 30, 2017
Springfield Republican: US Sens. Ed Markey, Elizabeth Warren look to block GOP tax plan's Arctic drilling language
U.S. Sens. Ed Markey and Elizabeth Warren, D-Massachusetts, pushed back Thursday against language added to the Senate Republican tax plan that could open up Alaska's Arctic Refuge to oil drilling. Markey accused Senate Republicans of trying to "ram through" the controversial provision as a rider to the GOP tax bill, noting that several lawmakers oppose drilling in the Arctic National Wildlife Refuge. Warren, who joined her Massachusetts Senate colleague in opposing the provision, urged … Continue Reading
November 29, 2017
Forbes: Elizabeth Warren Wants Marijuana Answers From Trump Health Nominee
The Trump administration should carefully consider how legalizing marijuana can help reduce opioid addiction and overdose deaths, Sen. Elizabeth Warren says. "Medical marijuana has the potential to mitigate the effects of the opioid crisis," she wrote in a letter to Alex Azar, President Trump's nominee to lead the U.S. Department of Health and Human Services (HHS). Warren cited a recent American Journal of Public Health study that found legalization of cannabis in Colorado was associated with … Continue Reading
November 28, 2017
Yahoo Finance: Elizabeth Warren: Jerome Powell has the same attitude as the Fed going into the 2008 crash
On Tuesday, following the remarks of Trump's Federal Reserve Chair nominee Jerome Powell, Sen. Elizabeth Warren (D-MA) told Yahoo Finance that Powell's testimony reminded her of the run up to the financial crisis. "Jerome Powell talked about how he wanted to roll back regulations," Warren told Yahoo Finance on the Final Round. But, Warren said, when he was asked whether there was a single area where the Fed could stand to exert tighter restrictions, he said no. "It was exactly that attitude at … Continue Reading