Press Releases
Warren Pushes to Reform Federal Home Loan Bank System to Address Affordable Housing Crisis
Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.) sent a letter to the Federal Housing Finance Agency (FHFA) urging the agency to address our country’s affordable housing crisis by reforming the broken Federal Home Loan Bank (FHLB) System. In particular, she urged the FHFA to move forward with two proposed rulemakings on the FHLBs’ mission and membership. In 1932, Congress created the FHLB system to address the housing crisis created by the Great Depression. In return for tax … Continue Reading
June 05, 2024
At Hearing, Warren Calls Out Republicans for Retroactive Tariff Cuts for Big Businesses, Renewal of Federal Assistance for American Workers Affected by Trade
Washington, D.C. - At a hearing of the Senate Committee on Finance, U.S. Senator Elizabeth Warren (D-Mass.) called for the renewal of the Trade Adjustment Assistance (TAA) program to help American workers who lose their jobs due to trade. The TAA program provides critical federal assistance to workers who have involuntarily lost their jobs due to overseas competition. The program lapsed in mid-2022, meaning over 100,000 American workers who have lost their job since then and applied for TAA … Continue Reading
June 05, 2024
Warren, Waters, and 36 Lawmakers Urge SEC to Remain Focused on Climate Risk
Washington, D.C. - Senator Elizabeth Warren (D-Mass.), Chair of the Senate Banking Subcommittee on Economic Policy, and Representative Maxine Waters (D-Calif.), Ranking Member of the House Financial Services Committee, led 36 lawmakers in a letter to the Securities and Exchange Commission (SEC) urging the SEC to remain focused on the risk that climate change poses to investors. Among other calls to action, the letter urges the Commission to enforce its existing climate risk guidance and … Continue Reading
June 05, 2024
ICYMI: In Rolling Stone Op-Ed, Senator Warren Urges Breakup of Live Nation-Ticketmaster
Warren: “Years of bullying both artists and venues, while price-gouging customers, has caught up with this corporate giant.” Op-Ed in Rolling Stone Washington, D.C. — U.S. Senator Elizabeth Warren (D-Mass.) published a new op-ed in Rolling Stone applauding the Department of Justice’s lawsuit against Ticketmaster and its parent company Live Nation for suffocating competition and loading tickets with excessive fees. Senator Warren highlighted how Live Nation-Ticketmaster has used its monopoly … Continue Reading
June 04, 2024
At Hearing, Warren Obtains Commitment from Treasury IG Nominee to Investigate Conflicts of Interest and Revolving Door between Treasury, IRS, and Big 4 Accounting Firms
Washington, D.C. — At a hearing of the U.S. Senate Committee on Finance, U.S. Senator Elizabeth Warren (D-Mass.) obtained a commitment from James R. Ives, nominee for Department of the Treasury Inspector General (IG), to investigate revolving door influence peddling between the Big 4 accounting firms and IRS and the Treasury Department. During her questioning, Senator Warren secured a commitment from Mr. Ives that he would “take a fresh look at this revolving door ethics problem” if … Continue Reading
June 03, 2024
Warren, Brown, Markey Urge Federal Bankruptcy Watchdog to Protect Patients and Communities, Appoint Trustee in Steward Hospital Bankruptcy
Washington, D.C. - Senator Elizabeth Warren (D-Mass.), Sherrod Brown (D-Ohio), Chair of the Senate Banking Committee, and Ed Markey (D-Mass.) wrote to the Director of the U.S. Trustee Program (USTP), calling for USTP to move to appoint a Chapter 11 trustee to run the company in place of Steward’s current management as quickly as possible, and to monitor the hospitals’ bankruptcy proceedings to protect patients and local communities. On May 6, 2024, Steward, one of the largest private, … Continue Reading
May 31, 2024
Warren Warns of Anti-Competitive Behavior by Massive Insurance Companies in Medicare Advantage That Raise Health Care Costs and Allow Insurers to Evade Key Regulatory Protections
Washington, D.C. — U.S. Senator Elizabeth Warren (D-Mass.) sent a letter to Chiquita Brooks-LaSure, the Administrator of the Centers for Medicare and Medicaid Services (CMS), responding to the agency’s request for information (RFI) on Medicare Advantage (MA) data and raising concerns that CMS does not collect adequate data to determine when vertically-integrated insurance companies in MA may be using anti-competitive tactics to raise health care costs and pocket extra profits. In particular, … Continue Reading
May 30, 2024
Warren, Cassidy in Bipartisan Letter, Highlight Role of Crypto in Fentanyl Trafficking
Washington, D.C. - U.S. Senators Elizabeth Warren (D-Mass.) and Bill Cassidy (R-La.) wrote to the White House Office of National Drug Control Policy (ONDCP) and the Drug Enforcement Administration (DEA) seeking an update on the Biden Administration’s actions to crack down on drug traffickers’ exploitation of crypto to grow their business and launder money. Cryptocurrency has played an increasingly important role in the global fentanyl trade over the last decade, facilitating the … Continue Reading
May 30, 2024
Warren Applauds Permanent Expansion of Successful IRS Direct File Program by the Biden Admin
The announcement from the Treasury Department and IRS commits to long-term expansion of the free and easy Direct File program. Link to IRS Direct File Expansion Announcement (Website) Boston, Massachusetts - Following today’s announcement by the Department of the Treasury and the Internal Revenue Service (IRS) of an expansion of the Direct File tax program, U.S. Senator Elizabeth Warren (D-Mass.) released the following statement: “Filing your taxes should be easy and free, and now with … Continue Reading
May 30, 2024
ICYMI: In Washington Post Op-Ed, Experts Call for Use of “March-In Rights” to Lower Drug Costs As Biden Administration Weighs Final Guidance
“(The Bayh-Dole Act) is clear: When our tax dollars go toward researching and developing a drug, and the manufacturer offers that drug at a sky-high price, the government has a right to step in.” Op-Ed in Washington Post Washington, D.C. — As the Biden administration considers finalizing draft guidance on the use of “march-in rights,” two experts - Peter S. Arno, senior fellow and director of health policy research at the Political Economy Research Institute at the University of … Continue Reading
May 30, 2024
Warren, Ernst, Khanna, Stefanik Lead Bipartisan Coalition of 24 Lawmakers Requesting GAO Report on DoD Efforts to Protect Service Members from Weapon Blasts
Washington, D.C. — United States Senator Elizabeth Warren (D-Mass.), Chair of the Senate Armed Services Personnel Subcommittee, and Joni Ernst (R-Iowa), Ranking Member of the Senate Armed Services Emerging Threats and Capabilities Subcommittee, as well as United States Representatives Ro Khanna (D-Calif.) and Elise Stefanik (R-N.Y.), both members of the House Armed Services Committee, led a group of bipartisan lawmakers in a letter to the U.S. Government Accountability Office (GAO) … Continue Reading
May 30, 2024
Warren, State Leaders Celebrate $67 Million Federal Grant to Improve MBTA Green Line Accessibility
Boston, MA — Today, Senator Elizabeth Warren (D-Mass.), together with Senator Edward J. Markey (D-Mass.), Governor Maura Healey, Lt. Gov. Kim Driscoll, and other state and local leaders, celebrated a $67 million grant awarded by the Federal Transit Administration (FTA) to the Massachusetts Bay Transportation Authority (MBTA) to improve accessibility for passengers on the Green Line. The funding comes from the All Stations Accessibility Program (ASAP) under President Biden’s Bipartisan … Continue Reading
May 30, 2024
New Analysis by Warren, Doggett Reveals Broad Public Support for Commerce Department’s Proposed Guidance on March-In Rights to Lower Drug Costs
Washington, D.C. — Today, U.S. Senator Elizabeth Warren (D-Mass.) and Representative Lloyd Doggett (D-Texas) sent a letter to Secretary of the Department of Commerce, Gina Raimondo, and Under Secretary Laurie Locascio, highlighting the lawmakers’ new review of public comments on the agency’s Draft Interagency Guidance Framework for Considering the Exercise of March-In Rights and urging them to strengthen and finalize the guidance. The proposal would help boost competition and reduce prices for … Continue Reading
May 30, 2024
New Analysis by Warren, Doggett Reveals Broad Public Support for Commerce Department’s Proposed Guidance on March-In Rights to Lower Drug Costs
Washington, D.C. — Today, U.S. Senator Elizabeth Warren (D-Mass.) and Representative Lloyd Doggett (D-Texas) sent a letter to Secretary of the Department of Commerce, Gina Raimondo, and Under Secretary Laurie Locascio, highlighting the lawmakers’ new review of public comments on the agency’s Draft Interagency Guidance Framework for Considering the Exercise of March-In Rights and urging them to strengthen and finalize the guidance. The proposal would help boost competition and reduce prices for … Continue Reading
May 29, 2024
At Hearing, Warren Warns of Threats to Reproductive Freedom by Trump and Right-Wing Extremists, Implications for the Health, Safety, and Security of Women Nationwide
Warren: “I am furious that millions of women have lost fundamental rights. I am furious that their freedom to make their own decisions has been taken away by a small number of extremists. I am alarmed by what the radical Supreme Court and congressional Republicans are prepared to do to unravel (these rights further) under a future Trump presidency.” Hearing Video Washington, D.C. — Today, U.S. Senator Elizabeth Warren (D-Mass.), chair of the Senate Banking Subcommittee on Economic Policy, … Continue Reading
May 29, 2024
Warren, Grassley, Braun, Fetterman Send Bipartisan Letter to DoD Seeking Information on Efforts to Address Contractor “Sweeping” and Other Price Gouging Practices
Washington, D.C. - Senators Elizabeth Warren (D-Mass.), Chair of the Senate Armed Services Subcommittee on Personnel and Chuck Grassley (R-Iowa), Ranking Member of the Senate Committee on the Budget, led a letter with Mike Braun (R-Ind.) and John Fetterman (D-Pa.) demanding the Department of Defense (DoD) provide answers about military contractors’ price gouging tactics that cost the Pentagon billions of dollars every year in overpayments. The lawmakers sought information on the practice of … Continue Reading
May 24, 2024
Warren, Levin, Schiff, Lawmakers Call for Increased Accountability on Climate Change and Rising Home Insurance Rates
Washington, D.C. - Today, Senator Elizabeth Warren (D-Mass.), alongside House Representatives Mike Levin (D-Calif.) and Adam B. Schiff (D-Calif.), sent a letter to the Federal Insurance Office (FIO) and the National Association of Insurance Commissioners (NAIC) urging them to ensure comprehensive and transparent data collection to understand and address the impact of climate change on property insurance premiums. The letter urges FIO to use its subpoena power to compel states to participate in … Continue Reading
May 24, 2024
Warren Urges HHS and CMS to Support MA Hospitals Affected by Steward Bankruptcy
Washington, D.C. - Today, U.S. Senator Elizabeth Warren (D-Mass.) sent a letter to the U.S. Department of Health and Human Services (HHS) and the U.S. Centers for Medicare & Medicaid Services (CMS), urging them to support communities and health care providers affected by the crisis caused by Steward Health Care’s (Steward’s) financial mismanagement. Steward is the largest privately-owned hospital operator in the country, and filed for bankruptcy on May 6, 2024, after years of financial … Continue Reading
May 23, 2024
Warren Urges Department of Defense to Fully Use Authority to Treat Victims of Acts of Terror at Military Treatment Facilities
Washington, D.C. - United States Senator Elizabeth Warren (D-Mass.), Chair of the Senate Armed Services (SASC) Subcommittee on Personnel, sent a letter to Assistant Secretary of Defense for Health Affairs Dr. Lester Martinez-Lopez requesting information on how the Department of Defense (DoD) is using its authority to treat civilians and veterans who are victims of acts of terror at Military Treatment Facilities (MTFs). Previously, veterans and civilians who had been severely wounded or … Continue Reading
May 23, 2024
Warren Demands DoD Address Allegations of Child Abuse, Implement Transparent Policies that Protect Children and Keep Parents Informed
Washington, D.C. - Senator Elizabeth Warren (D-Mass.) wrote to the Department of Defense (DoD) demanding answers for how DoD plans to address recent allegations of child abuse in DoD Child Development Centers (CDCs). In April, a report from Military.com shared the stories of nearly a dozen military families whose children were abused in CDCs and faced issues getting any information from the day care system about the incidents. DoD’s child care program generally is recognized for its high … Continue Reading