Press Releases
Warren, Markey, Whitehouse Blast Chamber of Commerce “Cheerleading” Republicans’ Radical Debt Ceiling Hostage Demands While Lobbying for Tax Breaks for Giant Corporations
Washington, D.C. – U.S. Senators Elizabeth Warren (D-Mass.), a member of the Senate Finance Committee, Ed Markey (D-Mass.), and Sheldon Whitehouse (D-R.I.), Chair of the Senate Budget Committee, sent a letter to the CEO of the U.S. Chamber of Commerce (the Chamber), seeking answers about the organization’s continued alignment with Republicans in the U.S. House of Representatives to extend tax cuts for wealthy and giant corporations, which have already contributed trillions to the … Continue Reading
May 26, 2023
ICYMI: Senator Warren Delivers Commencement Address at University of Massachusetts Boston
Boston, MA - In case you missed it, yesterday, United States Senator Elizabeth Warren (D-Mass.) delivered the commencement address at the University of Massachusetts Boston to celebrate the graduating class of 2023. Her remarks are below as prepared for delivery. Photos of the address below. Senator Elizabeth Warren: Hello UMass Boston! It is an honor to be with you today. Let me begin by thanking Chancellor Marcelo Suárez-Orozco and the Board of Trustees for inviting me to join you … Continue Reading
May 25, 2023
Warren, Garamendi Call Out Boeing and TransDigm for Refusing to Provide Cost or Pricing Data to Defense Department, Potentially Price Gouging Taxpayers
Lawmakers Call on DoD to Take Action to Prevent Price Gouging and Require Transparency Letter to DoD | Letter to Boeing | Letter to TransDigm Washington, D.C. – U.S. Senator Elizabeth Warren (D-Mass.), a member of the Senate Armed Services Committee, and U.S. Representative John Garamendi (D-Calif.), ranking member of the House Armed Services Committee Readiness Subcommittee, sent letters to Boeing and TransDigm, calling out the defense contractors for their refusal to … Continue Reading
May 24, 2023
Warren, Markey, Keating, Moulton Urge Defense Secretary to Support Funding for Replacement of Cape Cod Canal Bridges
Boston, MA - United States Senators Elizabeth Warren (D-Mass), Edward J. Markey (D-Mass.), and Representatives Bill Keating (D-MA-9) and Seth Moulton (D-MA-5) sent a letter to Secretary of Defense Lloyd J. Austin III, urging him to exercise his authority to support installation resilience in order to provide funding for the replacement of the Cape Cod Canal Bridges, which provide the only land-based access to and from Joint Base Cape Cod. “Given Joint Base Cape Cod’s contributions … Continue Reading
May 24, 2023
Warren Leads 26 Senators to Reintroduce Bill Seeking Healing for Stolen Native Children and their Communities
Washington, D.C. – U.S. Senator Elizabeth Warren (D-Mass.) led 26 senators to reintroduce the Truth and Healing Commission on Indian Boarding School Policies in the United States Act, legislation that seeks healing for stolen Native children and their communities. Originally introduced in 2020 with then-Congresswoman Deb Haaland (D-N.M.) and reintroduced in 2021 with the Co-Chairs of the Congressional Native American Caucus, Congresswoman Sharice Davids (D-Kan.) and Congressman Tom Cole … Continue Reading
May 19, 2023
Ahead of Graduation, Warren, Pressley Urge Failed Bay State College to Do Everything Possible to Help Students
Boston, MA - Ahead of the graduation ceremony for Bay State College’s final graduating class, United States Senator Elizabeth Warren (D-Mass.) and Rep. Ayanna Pressley (D-Mass.) sent a letter to Kevin Derrivan, Interim President of Bay State College, and Dr. Jin Huang, CEO of Ambow Education, expressing concern over the imminent closure of the college and laying out several steps the school must take to protect students. “Students of Bay State College trusted the … Continue Reading
May 19, 2023
Senator Warren Calls on FDIC to “Quickly, Forcefully, and Publicly” Reject Backdoor Bailout Attempt by Big Banks
Washington, D.C. – U.S. Senator Elizabeth Warren (D-Mass.) sent a letter to Federal Deposit Insurance Corporation (FDIC) Chair Martin Gruenberg, urging him to asking him to oppose a reported attempt by Big Banks to repay nearly $16 billion that they owe to replenish the Federal Deposit Insurance Fund with Treasury bonds that are worth much less. The implosions of Silicon Valley, Signature, and First Republic Banks have cost the Federal Deposit Insurance Fund a combined $29 … Continue Reading
May 19, 2023
ICYMI: At Hearing, Warren Calls for Greater Ownership Transparency of Nursing Homes and Accountability for Corporate Owners’ Patient Safety Failures
Washington, D.C. – At a hearing of the Senate Special Committee on Aging, U.S. Senator Elizabeth Warren (D-Mass.) called out corporate owners of nursing homes, including private equity firms and Real Estate Investment Trusts (REITs), for their failures to protect patient safety and use of complex legal arrangements to avoid regulatory scrutiny. Senator Warren urged the Centers for Medicare and Medicaid Services (CMS) to finalize its proposed rule on nursing home ownership transparency, … Continue Reading
May 18, 2023
At Hearing, Senator Warren Warned of Heightened Risk of Concentration in the Banking System Following JPMorgan Acquisition of First Republic Bank
Washington, D.C. – At a hearing of the Senate Banking, Housing, and Urban Affairs Committee Senator Elizabeth Warren (D-Mass.) questioned Acting Comptroller of the Office of the Comptroller of the Currency (OCC), Michael Hsu, on his decision to approve JPMorgan Chase’s purchase of First Republic Bank after its collapse. This merger allowed a large, poorly supervised bank to be swallowed by America’s largest bank, making it $200 billion larger than it was before. Transcript: … Continue Reading
May 18, 2023
Warren, Markey, Keating Urge Federal Highway Administration to Expedite Technical Review of Cape Cod Bridges Project
Boston, MA - United States Senators Elizabeth Warren (D-Mass.), Edward J. Markey (D-Mass.) and Representative Bill Keating (D-Mass.) sent a letter to the Federal Highway Administration (FHWA) requesting them to expedite feedback from the technical review requested by the U.S. Army Corps of Engineers (USACE) and Massachusetts Department of Transportation (MassDOT) of the Cape Cod Canal Bridges project which seeks to explore the scope, schedule and cost of the Cape Cod Bridges … Continue Reading
May 18, 2023
Senator Warren Urges FCC to Block Standard General-Tegna Deal
Washington, D.C. – U.S. Senator Elizabeth Warren (D-Mass.) sent a letter to Federal Communications Commission (FCC) Chairwoman Jessica Rosenworcel, urging the FCC to continue its thorough review of Standard General’s proposed acquisition of Tegna regardless of pressure by supporters of the deal, and to use its statutory authority to block this $5.4 billion deal. In April 2022, the FCC began reviewing a proposed deal by Standard General and Apollo Global Management (Apollo) to … Continue Reading
May 18, 2023
ICYMI: Experts Agree with Senator Warren on Fed Reforms for Independent Inspector General to Restore Public Confidence
Washington, D.C. – Yesterday, chairing a hearing of the Senate Banking, Housing, and Urban Affairs Committee Subcommittee on Economic Policy, Senator Elizabeth Warren (D-Mass.) questioned Federal Reserve Inspector General Mark Bialek on conflicts of interest that prevent him from conducting effective oversight in the wake of several Fed ethics scandals and a culture of corruption that has taken hold at the Fed. Senator Warren also highlighted the urgent need to pass her bipartisan … Continue Reading
May 18, 2023
Warren Questions Banking Regulators’ Decisions on Sale of First Republic Bank to JPMorgan
Washington, D.C. – United States Senator Elizabeth Warren (D-Mass.), a member of the Senate Banking, Housing, and Urban Affairs Committee, sent a letter to Martin Gruenberg, Chair of the Federal Deposit Investment Corporation (FDIC) and Michael Hsu, Acting Comptroller of the Currency, questioning the terms of the deal and the rationale behind the FDIC and Office of the Comptroller of the Currency’s (OCC) approval of the sale of First Republic Bank (First Republic) to JPMorgan Chase … Continue Reading
May 18, 2023
Warren, Grassley, Casey, Lawmakers Call for Greater Transparency in Nursing Home Ownership to Hold Bad Actors Accountable and Keep Patients Safe
Washington, D.C. – U.S. Senators Elizabeth Warren (D-Mass.), Chuck Grassley (R-Iowa), and Bob Casey (D-Pa.) and U.S. Representatives Lloyd Doggett (D-Texas) and Katie Porter (D-Calif.) sent a bipartisan letter to Health and Human Services (HHS) Secretary Xavier Becerra and Centers for Medicare and Medicaid Services (CMS) Administrator Chiquita Brooks-LaSure, calling on CMS to strengthen and finalize its proposed rule to make nursing home ownership more transparent. “While we … Continue Reading
May 17, 2023
Chairing Subcommittee on Economic Policy, Senator Warren Highlights Need for Legislative Reforms to Promote Accountability, Transparency at Federal Reserve
Washington, D.C. – Today, chairing a hearing of the Senate Banking, Housing, and Urban Affairs Committee Subcommittee on Economic Policy, Senator Elizabeth Warren (D-Mass.) questioned Federal Reserve Inspector General Mark Bialek and a panel of academic experts on the independence of the IG office and the regulatory and supervisory failures that contributed to Silicon Valley Bank’s collapse. Senator Warren also highlighted her ongoing efforts to push for legislative reforms like … Continue Reading
May 17, 2023
Warren, Lawler, Lawmakers Reintroduce Bipartisan Bill Honoring WWII Cadet Nurses
Washington, DC – United States Senators Elizabeth Warren (D-Mass.), Susan Collins (R-Maine), Steve Daines (R-Montana) and Angus King (I-Maine) and U.S. Representatives Mike Lawler (R-N.Y.), Brian Fitzpatrick (R-Pa.), Chris Deluzio (D-Pa.), and Eleanor Holmes Norton (D-D.C.) reintroduced the U.S. Cadet Nurse Corps Service Recognition Act, a bill honoring women who served in the U.S. Cadet Nurse Corps during WWII with honorary veteran status. The bill would recognize former Cadet Nurses' … Continue Reading
May 17, 2023
Ahead of Subcommittee Hearing, Senators Warren, Scott Criticize Failures of Fed IG, Introduce Bipartisan Legislation to Eliminate Conflicts of Interest and Promote Accountability at the Fed
Washington, D.C. – U.S. Senators Elizabeth Warren (D-Mass.) and Rick Scott (R-Fla.) sent a letter to Federal Reserve (Fed) Inspector General (IG) Mark Bialek, reiterating the need to make his position a presidentially-appointed, Senate-confirmed role to provide greater accountability at the Fed. Mr. Bialek will be testifying in front of Sen.Warren at a Senate Banking Subcommittee hearing on Wednesday. The letter was sent in response to several concerns he had raised about S. 915, the … Continue Reading
May 17, 2023
Warren Rebukes Weak Fed Ethics Rules, Inspector General for Contributing to Culture of Corruption by Failing to Hold Fed Officials Accountable
Washington, D.C. – U.S. Senator Elizabeth Warren, Chair of the Senate Banking, Housing, and Urban Affairs Subcommittee on Economic Policy, sent a letter to Mark Bialek,, Inspector General (IG) of the Federal Reserve (Fed), rebuking the IG for his failure to hold Fed Chair Powell and senior Fed officials accountable for major ethics breaches, and the IG’s sham investigation of the Fed trading scandal, both of which undermine his recommendations for strengthening the Fed’s … Continue Reading
May 16, 2023
Heeding Warren’s Call, IRS Unveils Free E-File Program
Washington, D.C. – United States Senator Elizabeth Warren (D-Mass.) released the following statement on the decision by the U.S. Department of Treasury and the Internal Revenue Service (IRS) to implement a pilot program to allow Americans to file tax returns digitally and free of charge. “For years, I urged the IRS to create an easy and free way for Americans to file their taxes. Hardworking families deserve better than to be ripped off by giant tax prep companies, wasting time … Continue Reading
May 16, 2023
At Hearing, Warren Blasts Former SVB and Signature Bank CEOs for Keeping Millions After Recklessly Crashing Banks
Washington, D.C. – At a hearing of the Senate Banking, Housing, and Urban Affairs Committee, U.S. Senator Elizabeth Warren (D-Mass.) blasted the former CEOs of Silicon Valley Bank (SVB) and Signature Bank (Signature) for lobbying Congress to weaken banking regulations, loading up their banks with risk, ignoring regulators’ warnings, and crashing their banks – all while keeping their multi-million dollar paychecks. Senator Warren highlighted that Gregory Becker, … Continue Reading
