Press Releases
ICYMI: Chairing Economic Policy Subcommittee, Warren Highlighted MOHELA’s Failures During Return to Repayment and Its Impact on Borrowers, Urged Accountability
MOHELA, the exclusive servicer for the PSLF program, failed to deliver timely billing statements to 2.5 million borrowers, sent incorrect billing statements to 280,0000 borrowers, and implemented a “call deflection” scheme after making those errors — harming borrowers who sought help. Video of Hearing Washington, D.C. — Yesterday, chairing a hearing of the Committee on Banking, Housing, and Urban Affairs Subcommittee on Economic Policy, U.S. Senator Elizabeth Warren (D-Mass.) led a hearing … Continue Reading
April 11, 2024
ICYMI: At Hearing, Warren Secures Commitment from Special Operations Commander to Address Blast Overpressure Exposure for Service Members
Washington, D.C. - At a hearing of the Senate Armed Services Committee, U.S. Senator Elizabeth Warren (D-Mass.) raised serious concerns about service members’ exposure to blast overpressure from firing weapons, which can cause traumatic brain injuries and other harm, and called on the Commander of the Special Operations Command (SOCOM) to seriously address blast overpressure exposure. Special Operations Forces are one of the communities at the greatest risk for blast overpressure exposure, … Continue Reading
April 11, 2024
Warren, Ernst, Khanna, Senators Announce Bipartisan Bill to Mitigate Blast Overpressure and Protect Service Members
Washington, D.C. - U.S. Senators 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, introduced the Blast Overpressure Safety Act - bipartisan legislation that would direct the Department of Defense (DoD) to enact a variety of measures to help mitigate and protect service members from blast overpressure. Representative Ro Khanna (D-Calif.) will … Continue Reading
April 10, 2024
Chairing Hearing, Warren Slams MOHELA for Failures During Return to Repayment, Impact on Borrowers
Washington, D.C. — Today, U.S. Senator Elizabeth Warren (D-Mass.), chair of the Banking, Housing, and Urban Affairs Subcommittee on Economic Policy, led a hearing on student loan servicer Higher Education Loan Authority of the State of Missouri (MOHELA) and its failures during borrowers’ return to repayment, including MOHELA’s mismanagement of the Public Service Loan Forgiveness program. The hearing follows a new report, released today by Senator Warren, which revealed 3.9 million billing … Continue Reading
April 10, 2024
New Report from Warren, Blumenthal, Markey, Van Hollen Reveals Over 3.9 Million Student Loan Servicer Billing Errors During Return to Repayment
Report - Servicing Scandals: Student Loan Servicers’ Failures During Return to Repayment Washington, D.C. — Today, U.S. Senators Elizabeth Warren (D-Mass.), Richard Blumenthal (D-Conn.), Edward J. Markey (D-Mass.), and Chris Van Hollen (D-Md.) released a new report: Servicing Scandals: Student Loan Servicers’ Failures During Return to Repayment, which reveals a decades-long pattern of student loan servicer incompetence and misconduct that has affected millions of borrowers nationwide. The … Continue Reading
April 10, 2024
Warren, Wyden Call on Education Department Contractor General Dynamics to Provide Answers on Failures of New FAFSA Launch
Washington, D.C - United States Senators Elizabeth Warren (D-Mass.) and Chair of the Senate Finance Committee Ron Wyden (D-Ore.) wrote to the CEO of General Dynamics seeking answers on the company’s role in the “bungled launch” of the new Free Application for the Federal Student Aid (FAFSA). In the letter, the Senators note how the new FAFSA has been riddled with technical issues, many of which remain unresolved, and how the failures are hurting students despite the company’s promises to … Continue Reading
April 10, 2024
Warren, Markey, Massachusetts Delegation Announce Over $22 Million in Federal Funding for Boston Logan Airport
Boston, MA - U.S. Senators Elizabeth Warren (D-Mass.), Edward J. Markey (D-Mass.), and members of the Massachusetts delegation celebrate the announcement that General Edward Lawrence Logan International Airport in Boston will receive $22.1 million in federal funding for infrastructure improvements. These projects are funded under the Bipartisan Infrastructure Law Airport Infrastructure Grants (AIG) program, which passed in November of 2021. “Boston Logan is a vital hub for travelers in … Continue Reading
April 09, 2024
At Hearing, Warren Calls for Closing Gaps in Crypto Anti-Money Laundering Rules As Treasury Requested
Washington, D.C. - At a hearing of the Senate Committee on Banking, Housing, and Urban Affairs, Senator Elizabeth Warren (D-Mass.) asked Deputy Secretary of the Treasury Adewale Adeyemo about gaps in Anti-Money Laundering (AML) rules that allow sanctioned entities like Iran to earn revenue processing crypto transactions. Senator Warren highlighted that validators, middlemen between the payer and receiver in crypto transactions, are not subject to the same AML rules as the traditional … Continue Reading
April 09, 2024
At Hearing, Warren Slams Israel’s Disregard for Aid Workers and Civilians, Urges DoD Sec. Austin to Strengthen Civilian Harm Prevention Efforts
Washington, D.C. —Today, at a hearing of the Committee on Armed Services, U.S. Senator Elizabeth Warren (D-Mass.) questioned Secretary of Defense Lloyd J. Austin, on Israel’s disregard for civilians and aid workers and the need for the Department of Defense to continue to strengthen its civilian harm mitigation and prevention efforts. At the hearing, Senator Warren questioned Secretary Austin on whether he believed an Israeli ground invasion of Rafah — the last refuge of Palestinians with … Continue Reading
April 09, 2024
Warren Urges House Financial Services Committee to Protect Consumers, Financial Stability, and National Security As They Consider Stablecoin Regulations
Washington, D.C. - Senator Elizabeth Warren (D-Mass.) wrote to the House Financial Services Committee Chair Patrick McHenry (R-N.C.) and Ranking Member Maxine Waters (D-Calif.) urging them to include strong rules that protect consumers, financial stability, and our national security in any upcoming legislation related to stablecoins. The Committee’s work to develop a stablecoin regulatory framework comes as the crypto industry was on track to spend record amounts on lobbying last … Continue Reading
April 08, 2024
Senator Warren Encourages Massachusetts Fire Departments to Apply for Federal Funding Grants
Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.) sent a letter to the Professional Fire Fighters of Massachusetts, Fire Chiefs Association of Massachusetts, and the Massachusetts Municipal Association, encouraging them to apply for Federal Emergency Management Agency’s (FEMA) new round of Staffing for Adequate Fire and Emergency Response (SAFER) to provide direct federal funding for fire departments in Massachusetts. The funding would help hire new firefighters, retain current … Continue Reading
April 08, 2024
Warren, Casten, Escobar, 23 Lawmakers Urge Biden Administration to Finalize Climate Risk Disclosure Rule for Federal Contractors
Washington, D.C. - Today, U.S. Senator Elizabeth Warren (D-Mass.), a member of the Senate Armed Services Committee, and Representatives Sean Casten (D-Ill.), co-chair of the House Sustainable Investment Caucus, and Veronica Escobar (D-Texas), a member of the House Armed Services Committee, led their colleagues in a letter to the Federal Acquisition Regulation (FAR) Council, composed of the Department of Defense (DoD), General Services Administration (GSA), and the National Aeronautics and … Continue Reading
April 08, 2024
Warren, Markey, MA Delegation Urge FTC and DOJ to Closely Scrutinize Sale of Steward Physician Group to Optum
Boston, MA - United States Senators Elizabeth Warren (D-Mass.), Edward J. Markey (D-Mass.), and the entire Massachusetts delegation sent a letter to Lina Khan, Chair of the FTC, and Department of Justice Assistant Attorney General Jonathan Kanter, on UnitedHealth Group’s proposed acquisition of Steward Health Care’s physician group, Stewardship Health. The letter calls for FTC and DOJ to closely scrutinize the deal, and oppose it if it would drive up health care costs or reduce patients’ … Continue Reading
April 04, 2024
Warren, Merkley, Senators Call on Biden Administration to Supply Desperately Needed Medical Supplies to Gaza
Washington, D.C. - United States Senators Elizabeth Warren (D-Mass.), Jeff Merkley (D-Ore.), Senate Majority Whip Dick Durbin (D-Ill.), Chris Van Hollen (D-Md.), and Peter Welch (D-Vt.) sent a letter to President Joe Biden, asking his administration to drastically increase its supply of desperately needed medicine and medical equipment to hospitals in Gaza. In February, the senators called on the administration to immediately implement Operation Gaza Relief to provide humanitarian aid to … Continue Reading
April 03, 2024
ICYMI: Warren’s Opening Remarks at Senate Hearing in Boston: Steward Health Care is a clear-cut case of private equity exploiting for-profit health care.
“Turning private equity loose in our health care system kills people.” “We need accountability here, and law enforcement authorities should carefully review every aspect of this fiasco. We also need to change the law. Private equity should not be allowed to loot one business after another, and I have introduced the most comprehensive bill to overhaul the private equity industry.” Link to Livestream Boston, MA - Today, United States Senator Elizabeth Warren (D-Mass.) delivered remarks at a … Continue Reading
April 02, 2024
Warren, Markey Statement on Role of Private Equity Firm Cerberus in Creating Steward Health Care’s Financial Challenges
Boston, MA - United States Senators Elizabeth Warren (D-Mass.) and Edward J. Markey (D-Mass.) released the following statement on the role of private equity firm Cerberus Capital Management (Cerberus) in creating Steward Health Care’s (Steward’s) financial challenges, following Cerberus’s reply to the Massachusetts congressional delegation’s February 2024 probe: “Cerberus’s response confirms the key points of this whole dirty saga: Cerberus looted Steward, failed to invest in Massachusetts … Continue Reading
April 01, 2024
Senators Warren, Gillibrand, Representatives Espaillat, Bowman, Garcia Lead Letter to the Biden Administration Urging Immediate Work Permit Extension for Immigrants
Washington, D.C. - Senators Elizabeth Warren (D-Mass.) and Kirsten Gillibrand (D-N.Y.), along with Representatives Adriano Espaillat (D-N.Y.), Jamaal Bowman (D-N.Y.), and Jesus “Chuy” Garcia (D-Ill.), led a bicameral letter to President Biden, Secretary of the Department of Homeland Security (DHS) Alejandro Mayorkas, and U.S. Citizenship and Immigration Services (USCIS) Director Ur Jaddou, urging them to lengthen the automatic extension period for work permits, or Employment Authorization … Continue Reading
March 29, 2024
Warren, Markey, Durbin, Colleagues Urge Biden Administration to Phase Out ICE Solitary Confinement
Washington D.C. - Senators Elizabeth Warren (D-Mass.), Ed Markey (D-Mass.), and U.S. Senate Majority Whip Dick Durbin (D-Ill.), sent a letter to Department of Homeland Security Secretary Alejandro Mayorkas and U.S. Immigration and Customs Enforcement (ICE) Acting Director Patrick Lechleitner, calling for ICE to limit and phase out solitary confinement while finding meaningful alternatives so that detainees receive the same rights as others in ICE detention, including access to counsel, … Continue Reading
March 29, 2024
Warren, Markey Question Citigroup on Bank’s Role in Deals that Led to Demise of Steward Health Care’s Massachusetts Hospitals
Washington, D.C. - Today, U.S. Senator Elizabeth Warren (D-Mass.) and U.S. Senator Ed Markey (D-Mass.) sent a letter to Jane Fraser, the CEO of Citigroup Inc. (Citi), probing Citi on the role it played as lender or adviser in the deals that led to the demise of Steward Health Care’s (Steward’s) Massachusetts hospitals. After years of poor management and private equity profiteering, Steward is in deep financial distress, threatening closure of its hospitals in Massachusetts, which could … Continue Reading
March 28, 2024
Warren, Scanlon, Lawmakers Urge FTC to Revive Enforcement of Robinson-Patman Act to Promote Competition, Lower Food Prices
Washington, D.C. - Today, United States Senator Elizabeth Warren (D-Mass.) and Representative Mary Gay Scanlon (D-Penn.) led a group of 14 lawmakers in a letter to Federal Trade Commission (FTC) Chair Lina Khan urging the agency to revive enforcement of the Robinson-Patman Act (RPA), a critical tool to promote fair competition in the food industry. In the letter, the lawmakers note that the RPA is still the law of the land and call on the FTC to investigate potential RPA violations and, when … Continue Reading