Press Releases
ICYMI: At Hearing, Warren Calls for Taxing Billionaires in 2025 to Fund Investments in High-Quality Child Care
Washington, D.C. - At a hearing of the Senate Finance Committee, U.S. Senator Elizabeth Warren (D-Mass.) made the case for investing in high-quality childcare and education for American families, funded by the Biden-Harris billionaires minimum tax, which would ensure the wealthiest 10,000 Americans pay a minimum 25% of their income in taxes. Mr. Bob Lord, Senior Advisor on Tax Policy at Patriotic Millionaires, shared that the wealthiest Americans are making plenty of money but can do so in … Continue Reading
September 12, 2024
Warren, Hayes, Bicameral Lawmakers Renew Push to Address Food Insecurity Among College Students by Introducing the Student Food Security Act of 2024
Washington, D.C. - Senator Elizabeth Warren (D-Mass.) and Congresswoman Jahana Hayes (D-Conn.), Ranking Member of the House Subcommittee on Nutrition, Foreign Agriculture, and Horticulture, along with Senators Alex Padilla (D-Calif.), Chris Murphy (D-Conn.), Chair of the Senate Committee on Health, Education, Labor, and Pensions Bernie Sanders (I-Vt.), Chair of the Senate Subcommittee on Food and Nutrition, Specialty Crops, Organics, and Research John Fetterman (D-Pa.), and Congresswoman Norma … Continue Reading
September 12, 2024
Warren, Senators Fight Back Against Fintech Firms Freezing Customer Funds
Washington, D.C. - U.S. Senators Elizabeth Warren (D-Mass.) and Chris Van Hollen (D-Md.) wrote to the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve System (Fed), and the Office of the Comptroller of the Currency (OCC) raising concerns about partnerships between traditional banks, Banking as a Service (BaaS) providers such as Stripe, Finastra, Synapse, and Marqueta, and financial technology (fintech) entities such as Venmo, CashApp, Yotta, and Chime. These entities have … Continue Reading
September 12, 2024
Senator Warren Statement on Steward CEO Ralph de la Torre Refusal to Comply with Subpoena
Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.) issued the following statement in response to Steward CEO Ralph de la Torre’s refusal to comply with a congressional subpoena this morning: “Ralph de la Torre is just one more rich guy who thinks he’s above the law. After driving Steward’s hospitals into bankruptcy while living large at patients’ expense, Dr. de la Torre is pulling out all the stops to weasel out of accountability. A congressional subpoena is a legal order, not an … Continue Reading
September 11, 2024
Warren, Merkley Release New Report on Biden-Harris Student Debt Relief: Who Really Benefits from Student Debt Cancellation?
Washington, D.C. - Today, U.S. Senators Elizabeth Warren (D-Mass.) and Jeff Merkley (D-Ore.) released a new 29-page report, Who Really Benefits from Student Debt Cancellation?, examining the impact of the Biden-Harris administration’s new Higher Education Act rule, proposed in April 2024, to cancel student loan debt for 24 million students by the end of this year. The report finds that low- and middle-income borrowers, seniors, women, and Black borrowers will receive enormous benefits from the … Continue Reading
September 10, 2024
Over 50 Members of Congress Call on Department of Education to Consider Terminating Contract with MOHELA
Washington, D.C. - Today, U.S. Senator Elizabeth Warren (D-Mass.) and Representative Jim Clyburn (D-S.C.) led 56 of their colleagues in a letter to the Department of Education (ED), calling on the Department to conduct an analysis as to whether the Higher Education Loan Authority of the State of Missouri (MOHELA) has adhered to its contracts with the federal government, and if not, to consider terminating those contracts. This letter comes after two new lawsuits brought by the American … Continue Reading
September 09, 2024
Warren, Massachusetts Delegation Announces Over $17 Million in Victim Compensation and Assistance for the Commonwealth
Washington, D.C. - Today, Senators Elizabeth Warren (D-Mass.) and Edward J. Markey (D-Mass.), along with the entire Massachusetts delegation, announced that they’ve secured over $17 million in funding for victim assistance and victim compensation from the Office of Justice Programs’ Office for Victims of Crime. This funding supports Massachusetts programs that provide direct financial assistance and services to victims of crimes, ranging from medical care to funeral expenses to criminal … Continue Reading
September 06, 2024
Leading Senate Forum, Warren Calls on DoD to Strengthen Care for Servicemembers with Traumatic Brain Injuries from Blast Overpressure
Washington, D.C. - Leading a Senate forum, U.S. Senator Elizabeth Warren (D-Mass.) questioned brain health experts from the Department of Defense (DoD) and Home Base, a national nonprofit organization dedicated to treating the invisible wounds of veterans, servicemembers, military families, and families of the fallen, about the importance of improving access to care for servicemembers, establishing a longitudinal study to better understand other health effects that may be connected to blast … Continue Reading
September 06, 2024
Warren Throws Support Behind Department of Justice Probe Into AI Chipmaker Nvidia, Underscores Need for Comprehensive Investigation
Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.) wrote to Assistant Attorney General of the Antitrust Division at the United States Department of Justice (DOJ) Jonathan Kanter in support of the DOJ’s ongoing probe into Nvidia’s potentially anticompetitive behavior. Senator Warren, who has long called for robust antitrust enforcement to ensure competition and innovation in the tech sector, highlighted her support for the probe and detailed the extent of Nvidia’s market power and … Continue Reading
September 06, 2024
At Senate Forum, Warren Calls for More Tools to Prevent and Treat Servicemembers’ Traumatic Brain Injuries
Boston, MA - U.S. Senator Elizabeth Warren (D-Mass.), chair of the Senate Armed Services Subcommittee on Personnel, delivered opening remarks at a Senate forum on addressing blast overpressure, which can cause traumatic brain injuries for servicemembers, and mitigating suicide risk after exposure. Opening StatementFriday, September 6, 2024 I’m pleased to welcome you all today to a forum to discuss the impacts of blast overpressure and the need to better protect our service members. All … Continue Reading
September 04, 2024
Warren Urges IRS to Crack Down on Real Estate Investment Trusts (REITs) Squeezing Health Care and Hotel Industries and Stretching Tax Rules
Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.) urged IRS Commissioner Danny Werfel to increase agency scrutiny to determine whether Real Estate Investment Trusts (REITs) may be violating tax law. Under the current tax code, REITs can take advantage of lucrative tax breaks at the expense of taxpayers as long as they meet certain passive investment criteria. But earlier this week, the IRS warned against hotel and health care REITs pushing the boundaries of tax law and threatened … Continue Reading
August 29, 2024
Warren Raises Concerns About Steep Decline in Enforcement by Financial Industry’s Self-Regulatory Agency
Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.) wrote to the Financial Industry Regulatory Authority (FINRA) requesting an explanation for the organization’s record-low number of enforcement actions on financial crimes. Established in 2007, FINRA is a self-regulatory, non-governmental entity responsible for ensuring securities firms and brokers operate fairly and honestly. “The agency’s mission is “to protect investors and promote market integrity,” said Senator Warren, “But … Continue Reading
August 29, 2024
Warren, Markey Secure $15.78 Million for Massachusetts Fire Departments
Boston, MA - U.S. Senators Elizabeth Warren (D-Mass.) and Ed Markey (D-Mass.) announced that they secured $15.78 million in grants for Massachusetts Fire Departments as part of the Federal Emergency Management Agency’s (FEMA) Assistance to Firefighters Grants (AFG) Program. These awards will support fire departments with personnel management, provide training and education for firefighters, and purchase equipment and supplies. “I am deeply grateful for our firefighters’ work to keep our … Continue Reading
August 29, 2024
Warren, Markey, Lynch, and Pressley Announce $15 Million for Electric Vehicle Chargers Across Boston
Boston, Massachusetts — Senators Elizabeth Warren (D-Mass.) and Ed Markey (D-Mass.) and Representatives Stephen Lynch (D-Mass.) and Ayanna Pressley (D-Mass.) announced $15 million in federal funding from the U.S. Department of Transportation to the City of Boston for the “Recharge Boston” project, investing in access to electric vehicle chargers in every Boston neighborhood. The grant delivers $15 million to the City of Boston to install a minimum of 300 electric vehicle (EV) charging ports … Continue Reading
August 16, 2024
Senator Warren Statement on Steward Deals
Boston, MA - U.S. Senator Elizabeth Warren (D-Mass.) issues the following statement on the Healey administration’s preliminary deals to keep six Steward hospitals open under new operators: “Thousands of health care workers and patients are breathing a sigh of relief thanks to the Healey administration’s efforts to save the remaining Steward hospitals. Good riddance to disgraced CEO Ralph de la Torre who leaves behind a legacy of ruin, including two hospital closures. He must still be held … Continue Reading
August 09, 2024
Warren, Trone, Scanlon, Lawmakers, Call for Key Improvements to Quality of Health Care in Jails, Prisons, Detention Centers
Boston, MA - U.S. Senators Elizabeth Warren (D-Mass.) and Representatives David Trone (D-Md.), and Mary Gay Scanlon (D-Pa.) led a letter to federal health agencies urging key investments to improve the quality of care in prisons, jails, and detention centers. The lawmakers lay out three important recommendations for HHS agencies to: improve critical health data gathering, increase technical support to help facilities manage urgent health challenges, including the outbreak of infectious … Continue Reading
August 09, 2024
Warren, Markey Push DHS to Tackle Abysmal Plymouth County Correctional Facility Conditions
Washington, D.C. - U.S. Senators Elizabeth Warren (D-Mass.) and Ed Markey (D-Mass.) wrote to the Department of Homeland Security (DHS) and U.S. Immigration and Customs Enforcement (ICE) urging them to resolve the persistent, horrific conditions at the Plymouth County Correctional Facility (PCCF) in Plymouth, Massachusetts if the DHS contract with the facility is renewed. During the Biden Administration, ICE terminated its agreements with two Massachusetts counties to detain immigrants on … Continue Reading
August 09, 2024
Warren, Senators Launch Investigation Into Reported Mishandling of Student Loan Transfers by MOHELA, Nelnet and Credit Reporting Agencies
Washington, D.C. - Today, U.S. Senators Elizabeth Warren (D-Mass.), Jeff Merkley (D-Ore.), Ron Wyden (D-Ore.), and Richard Blumenthal (D-Conn.) sent letters to student loan servicers Higher Education Loan Authority of the State of Missouri (MOHELA) and NelNet and credit reporting agencies Experian, Equifax, and TransUnion regarding the botched transfer of student loans from MOHELA to NelNet, causing at least 1.4 million duplicate student loan records to appear on borrowers’ credit … Continue Reading
August 09, 2024
Warren Slams Elon Musk for “Glaring Conflict of Interest,” Misappropriation of Company Resources in Redirecting Critical AI Chips from Tesla to X, Urges Accountability from Tesla Board
Boston, MA - U.S. Senator Elizabeth Warren (D-Mass.) wrote to Tesla’s Board of Directors regarding her concerns over CEO Elon Musk’s continued conflicts of interest and misappropriation of company resources, and the Board’s failure to hold him accountable. The letter follows a June 2024 report that Mr. Musk redirected scarce artificial intelligence (AI)-related resources from the publicly-traded Tesla to one of his private companies, X Corp. Mr. Musk is the CEO of Tesla, a publicly traded … Continue Reading
August 09, 2024
Warren, Van Hollen Slam JPMorgan Chase for Threatening Customers with “Outrageous” New Checking Fees
Washington, D.C. - U.S. Senators Elizabeth Warren (D-Mass.) and Chris Van Hollen (D-Md.) wrote to JPMorgan Chase (JPM), criticizing the bank’s threat to begin charging over 80 million customers for checking accounts amid record profits, and demanded the bank scrap those plans. JPM’s threat came in response to the Consumer Financial Protection Bureau’s (CFPB’s) rule to cap overdraft fees and prevent banks from charging excessive overdraft fees, which disproportionately impact low income … Continue Reading