Press Releases
Warren, Rubio, Lawmakers Request Updates from DoD About Implementation of Measures to Address Risks to the Military Pharmaceutical Supply Chain; Release DoD Report
Washington, D.C. - Senators Elizabeth Warren (D-Mass.), Marco Rubio (R-Fla.), Richard Blumenthal (D-Conn.), Kevin Cramer (R-N.D.), Joni Ernst (R-Iowa), Mazie Hirono (D-Hawaii), Angus King (I-Maine), Mike Rounds (R-S.D.), and Eric Schmitt (R-Mo.) sent a letter to the Department of Defense (DoD) Secretary Lloyd Austin requesting an update on the Department’s efforts to address risks to the military pharmaceutical supply chain. Section 860 of the Fiscal Year 2023 (FY23) National Defense … Continue Reading
March 19, 2024
Warren, Whitehouse to Federal Reserve Chair Powell: High Interest Rates Are Blocking Clean Energy Progress, Increasing Energy Costs
Washington, D.C. - U.S. Senators Elizabeth Warren (D-Mass.) and Sheldon Whitehouse (D-R.I.) sent a letter to Federal Reserve (Fed) Chair Jerome Powell, expressing concerns about the damaging impact of the Fed’s extreme 2022 and 2023 interest rate hikes, which have halted deployment of clean energy technologies and have undermined the Inflation Reduction Act’s climate and consumer benefits. The senators are calling on the Fed to cut interest rates to allow for continued progress on clean energy … Continue Reading
March 18, 2024
Warren, Rounds Call on Pentagon to Address Excessive Defense Industry Consolidation that Jeopardizes National Security
Washington, D.C. - United States Senators Elizabeth Warren (D-Mass.) and Mike Rounds (R-S.D.), members of the Senate Armed Services Committee, sent a letter to Secretary of Defense Lloyd J. Austin III., urging the Department of Defense (DoD) to reform its approach to addressing mergers and acquisitions (M&A) in the defense industry to protect taxpayer funds and national security. The lawmakers’ letter comes after an October 2023 Government Accountability Office (GAO) report required by the … Continue Reading
March 18, 2024
Warren Invites MOHELA CEO to Testify Before Congress About Student Loan Servicing
Washington, D.C. - Today, U.S. Senator Elizabeth Warren (D-Mass.), Chair of the U.S. Senate Committee on Banking, Housing, and Urban Affairs’ Subcommittee on Economic Policy, sent a letter to the CEO of the Higher Education Loan Authority of the State of Missouri (MOHELA), Scott Giles, inviting him to testify before Congress to explain MOHELA’s handling of student loan borrowers’ experience with return to repayment and the Public Service Loan Forgiveness (PSLF) program. The invitation follows … Continue Reading
March 14, 2024
At Hearing, Warren Calls on Biden Administration to Strengthen and Quickly Finalize ‘March-In Rights’ Framework to Boost Competition and Lower Prescription Drug Prices
Washington, D.C. — Today, at a hearing of the Senate Committee on Finance, U.S. Senator Elizabeth Warren (D-Mass.) questioned Health & Human Services (HHS) Secretary Xavier Becerra on the Biden administration’s proposal to boost competition and lower prices on drugs that American taxpayers helped pay to develop. Under existing law, the federal government may “march-in” on inventions - including prescription drugs - created using taxpayer dollars when those products are not available to … Continue Reading
March 14, 2024
Senator Warren, Rep. Garamendi Demand Answers from U.S. Air Force on Mismanagement of Sentinel and Minuteman III ICBM Programs
Washington, D.C. - Senator Elizabeth Warren (D-Mass.), a member of the Senate Armed Services Committee, and Representative John Garamendi (D-Calif.) a member of the House Armed Services Committee, sent a letter seeking answers from Air Force officials about the mismanagement of the Sentinel program, a new intercontinental ballistic missile (ICBM) program consisting of new long-range missiles and replacement or enhancement of silos, launch command centers, and command and control facilities for … Continue Reading
March 13, 2024
ICYMI: At Hearing, Warren Slams Republican Hypocrisy in Pushing for Corporate Handouts While Fighting to Gut Child Tax Credit Expansion
Washington, D.C. - At a hearing of the U.S. Senate Committee on Finance, U.S. Senator Elizabeth Warren (D-Mass.) questioned Anna Fendley, Director of Regulatory and State Policy for the United Steelworkers, about the effectiveness of enacting billions in retroactive tax cuts to giant corporations for investments made years ago. Senator Warren highlighted that if Republicans get their way, just two giant tech companies - Microsoft and Meta - would receive $13 billion in retroactive tax breaks … Continue Reading
March 12, 2024
At Hearing, Warren Unveils New Bill Addressing Housing Crisis for Rural Tribal Communities
Washington, D.C. - At a hearing of the Senate Banking, Housing, and Urban Affairs Committee focused on addressing the housing crisis, U.S. Senator Elizabeth Warren unveiled new legislation to guarantee federal funds for rural tribal communities facing severe housing shortages and significant barriers to finding housing and making much-needed repairs - the Tribal Rural Housing Access Act. The legislation would direct the Department of Agriculture (USDA) to set aside 5% of certain Rural Housing … Continue Reading
March 12, 2024
Warren, Senators Applaud IRS for Cracking Down on Tax Dodging by Executives Using Corporate Jets for Personal Travel, Urge IRS and Treasury to Follow Up with Rulemaking
Washington, D.C. - Senator Elizabeth Warren (D-Mass.), Edward Markey (D-Mass.), Bernard Sanders (I-Vt.), Ron Wyden (D-Ore.), Sheldon Whitehouse (D-R.I.), and Chris Van Hollen (D-Md.) sent a letter to the Department of Treasury (Treasury) and the Internal Revenue Service (IRS), applauding the recent announcement that the IRS is increasing audits of corporate jet usage and urging both the IRS and Treasury to build on that action by using their rulemaking authority to close a loophole that allows … Continue Reading
March 12, 2024
Warren Secures Ethics Commitments from Douglas Schmidt, Director of Operational Test and Evaluation for the Department of Defense
Washington, D.C. - Today, U.S. Senator Elizabeth Warren (D-Mass.) announced that she secured strong ethics commitments from Douglas Schmidt, who was confirmed this month to be the Director of Operational Test and Evaluation (DOT&E) for the Department of Defense. Newly appointed Director Schmidt has committed to: Extend his recusal period from his former law firms and clients from two years to four years, as well as establishing a screening process and agreeing not to seek a … Continue Reading
March 12, 2024
Warren Announces New Legislation Guaranteeing Housing Funds for Rural Tribal Communities
Washington, D.C. - United States Senator Elizabeth Warren (D-Mass.) announced new legislation to expand housing access for rural tribal communities: the Tribal Rural Housing Access Act. The legislation would direct the Department of Agriculture (USDA) to set aside 5% of certain Rural Housing Service (RHS) funds for Tribal Nations, tribally designated housing entities, tribal members, and tribal-owned entities, including Native community development financial institutions. A majority of … Continue Reading
March 12, 2024
Warren Celebrates Launch of New IRS Direct File Pilot
For years, Senator Warren has led the fight for an easy and free option for Americans to file taxes directly with the IRS. Boston, MA — Today, in response to the official launch of the IRS Direct File pilot program in 12 states, including Massachusetts, United States Senator Elizabeth Warren (D-Mass.) released the following statement: “This is the start of American taxpayers having a truly free and easy option to file their taxes directly with the IRS, saving people time and money. For … Continue Reading
March 11, 2024
Warren, MA Delegation Announce $335 Million From Bipartisan Infrastructure Law for Allston’s I-90 Project
Boston, MA — Today, United States Senator Elizabeth Warren (D-Mass.), Governor Maura Healey, Mayor Michelle Wu, and the Massachusetts congressional delegation has secured $335 million in federal funding for Allston’s I-90 project. This project will: Transform the Allston neighborhood of Boston by rebuilding a deficient section of Interstate 90 to open up new land for development, increase access to multimodal transit, and reconnect the neighborhood with open space along the Charles River … Continue Reading
March 11, 2024
One Year After SVB Collapse, Warren Calls on Banking Regulators to Deliver on Commitments to Strengthen Regulations for Big Banks
Washington, D.C. - One year after the collapse of Silicon Valley Bank (SVB), United States Senator Elizabeth Warren (D-Mass.), a member of the Senate Banking, Housing, and Urban Affairs Committee (BHUA), sent a letter to three key banking regulators: Michael Barr, Vice Chair for Supervision of the Federal Reserve (Fed), Martin Gruenberg, Chair of the Federal Deposit Insurance Corporation (FDIC), and Michael Hsu, Acting Comptroller of the Currency at the Office of the Comptroller of the … Continue Reading
March 08, 2024
ICYMI: In WSJ Op-ed, Warren Calls on Regulators to Block Capital One’s Merger with Discover
“Allowing a giant bank to run its own network to process billions of credit-card transactions would create a new Wall Street monster with greater power over American families and small businesses.” “Bank regulators should say no.” Op-Ed in Wall Street Journal Washington, D.C. - Today, U.S. Senator Elizabeth Warren (D-Mass.) published an op-ed in the Wall Street Journal calling on federal regulators to block Capital One’s merger with Discover. The Senator points out that if federal … Continue Reading
March 08, 2024
Warren, Markey to Steward Health CEO: Years of Mismanagement, Scheming, and Profiteering Now Pose Urgent Threat to Hospitals in Massachusetts
Washington, D.C. - Today, U.S. Senator Elizabeth Warren (D-Mass.) and U.S. Senator Ed Markey (D-Mass.) sent a letter to Steward Health Care CEO and Chairman Dr. Ralph de la Torre, blasting him for years of financial mismanagement, private equity schemes, and executive profiteering that have led to Steward Health’s financial crisis, which threatens to upend access to health care in Eastern Massachusetts communities and yank jobs from the health care workers employed at the company’s facilities. … Continue Reading
March 08, 2024
ICYMI: At Hearing, Warren Presses CENTCOM and AFRICOM Commanders on Steps to Reduce Civilian Harm Caused by U.S.-Origin Weapons and U.S. Military Assistance
Washington, D.C. - At a hearing of the U.S. Senate Armed Services Committee (SASC), U.S. Senator Elizabeth Warren (D-Mass.) questioned General Michael E. Kurilla, Commander of the United States Central Command, and General Michael E. Langley, Commander of the United States Africa Command, about measures needed to prevent and respond to civilian harm caused by weapons and assistance provided by the United States to its military partners. Senator Warren highlighted the Department of Defense’s … Continue Reading
March 07, 2024
At Hearing, Warren Presses Powell on Basel III Capital Rule, Urges Him to Stand by Previous Commitments to Strengthen Regulations for Nation’s Biggest Banks
Washington, D.C. — Today, at a hearing of the Committee on Banking, Housing, and Urban Affairs, U.S. Senator Elizabeth Warren (D-Mass.) called out Chair of the Federal Reserve Jerome Powell for backpedaling on his commitment to strengthen capital rules for big banks in the wake of the First Republic, Silicon Valley, (SVB) and Signature Bank collapses of last year — the second, third, and fourth largest in American history. At the hearing, Senator Warren called attention to Chair Powell’s … Continue Reading
March 06, 2024
Warren, Klobuchar, Colleagues Raise Alarm on Funding Restrictions For Department of Justice’s Antitrust Funding
Washington D.C. - U.S. Senators Elizabeth Warren (D-Mass.) and Amy Klobuchar (D-Minn.) along with 26 colleagues sent a letter to leadership of the House and Senate Appropriations Committees urging them to strike parts of the Commerce, Science, and Justice (CJS) appropriation bill that block the Antitrust Division’s ability to use the fees collected during its merger review process. The harmful provisions conflict with Congress’s clear intent to increase antitrust funding through the … Continue Reading
March 06, 2024
Warren Statement on Final SEC Climate Risk Disclosure Rule
Washington D.C. - United States Senator Elizabeth Warren (D-Mass.), a member of the Senate Banking, Housing, and Urban Affairs Committee, released the following statement after the Securities and Exchange Commission (SEC) finalized its climate risk disclosure rule: “Climate change is transforming our world and our economy, so it’s plain common sense that investors should have access to standardized information about companies’ climate risks and emissions. The SEC’s final climate risk … Continue Reading