Press Releases
Warren Statement on Nomination of Martin Gruenberg as FDIC Chair
Washington, D.C. - United States Senator Elizabeth Warren (D-Mass.), a member of the Senate Committee on Banking, Housing, and Urban Affairs, released the following statement regarding the nomination of Martin Gruenberg as Federal Deposit Insurance Corporation (FDIC) Chair:“I applaud President Biden’s decision to nominate Martin Gruenberg to lead the FDIC. Gruenberg is an effective regulator with a proven track record of holding banks accountable. He has spent his entire career fighting … Continue Reading
November 11, 2022
Senators Warren, Menendez, and Wyden Raise Concern over Lack of Transparency and Responsiveness in CBP Report on Haitian Migrant Treatment at Southern Border
Washington, D.C. — United States Senator Elizabeth Warren (D-Mass.), along with Senators Bob Menendez (D-N.J.) and Ron Wyden (D-Ore.), sent a letter to U.S. Customs and Border Protection (CBP) Commissioner Chris Magnus and CBP Assistant Commissioner in the Office of Professional Responsibility (OPR) Matthew Klein raising concerns about the final report released by CBP OPR on July 8 regarding the treatment of Haitian migrants at the southern border last year. On September 19, 2021, Border … Continue Reading
November 07, 2022
Senator Warren Increases Pressure on Fed for Public Transparency Amid Latest “Egregious and Embarrassing” Ethics Breach
Washington, D.C. — United States Senator Elizabeth Warren (D-Mass.) sent a letter to Federal Reserve (Fed) Chair Jerome Powell raising concerns about the culture of corruption at the Fed and renewing requests for information about the Fed’s recent ethics scandals, including all stock trades made by Fed governors and presidents from January 1, 2020. Senator Warren also asked new questions regarding the Fed’s policy around the agency’s latest ethics problem, non-public briefings by … Continue Reading
November 07, 2022
Warren Calls Out Wells Fargo and Zelle for “Evasive”, “Inaccurate” and “Misleading” Responses about Fraud and Scams on Zelle; Calls for Companies to Publicly Release All Data on Zelle Fraud and Scams
Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.), a member of the Senate Banking, Housing, and Urban Affairs (BHUA) Committee, today sent a letter to Wells Fargo and a letter to Early Warning Services (EWS), the parent company of bank-owned peer-to-peer payment platform Zelle, about rampant fraud and scams on Zelle. Senator Warren’s recent investigation, based on data provided by the banks that own Zelle, found alarming rates of fraud and scams on the platform and that fraud … Continue Reading
November 03, 2022
Warren, Schakowsky, Lawmakers Urge Private Equity Firm Cerberus Capital Management to Pause $4 Billion Dividend Tied to Kroger-Albertsons Merger
Washington, D.C.— United States Senators Elizabeth Warren (D-Mass.), Ron Wyden (D-Ore.), and Bernie Sanders (I-Vt.), along with Representatives Jan Schakowsky (D-Ill.), Katie Porter (D-Calif.) and Chuy García (D-Ill.) sent a letter to the CEO of Cerberus Capital Management, urging the private equity firm to pause the payment of the $4 billion Albertsons dividend scheduled for Monday and to provide answers about the impact of the dividend on the Kroger-Albertsons merger. In the letter, … Continue Reading
November 02, 2022
Warren Urges FTC and DOJ to Conduct Increased Oversight of Big Tech Companies’ Expansion in Automotive Industry
Washington D.C. - U.S. Senator Elizabeth Warren (D-Mass.) sent letters to Federal Trade Commision (FTC) Chair Lina Khan and Assistant Attorney General of the Antitrust Division at the United States Department of Justice (DOJ) Jonathan Kanter, calling for increased oversight of Big Tech expansion into the automotive industry. In the letter, the Senator highlights how the rapidly expanding role of Google, Apple, and Amazon in the auto industry raises competition concerns and urges … Continue Reading
November 02, 2022
Senator Warren’s Statement on MBTA General Manager Steve Poftak’s Resignation
Washington, D.C. — United States Senator Elizabeth Warren (D-Mass.) released the following statement regarding the resignation of Steve Poftak, General Manager of the Massachusetts Bay Transportation Authority (MBTA): “Steve Poftak's resignation, a few weeks after I led a Senate hearing in Boston on the monumental failures of leadership at the T, is long overdue. We now have a critical opportunity to make much-needed changes and ensure our public transit system is safe, reliable, and … Continue Reading
November 01, 2022
New Senate Report from Warren, Lawmakers: Health Care Providers Speak Out on Devastating Harm and Mortal Threats to Women Posed by State Abortion Bans
Washington, D.C. - U.S. Senators Elizabeth Warren (D-Mass.), Tammy Duckworth (D-Ill.), Mazie Hirono (D-Hawaii), and Tina Smith (D-Minn.) released a new report: Post-Roe Abortion Bans Threaten Women’s Lives: Health Care Providers Speak Out on the Devastating Harm Posed by Abortion Bans and Restrictions. The 23-page report - based on information provided by leading health care providers - reveals the devastating consequences of state abortion bans and restrictions enacted by … Continue Reading
November 01, 2022
Warren, Dean, Lawmakers ask Fed Chair Powell: How Many Millions Will be Thrown out of their Jobs from Fed’s Dangerous Rate Hikes?
Washington, D.C. - U.S. Senators Elizabeth Warren (D-Mass.), Sheldon Whitehouse (D-R.I.), Jeff Merkley (D-Ore.) and Bernie Sanders (I-Vt.) and U.S. Representatives Madeleine Dean (D-Pa.), Jesus “Chuy” Garcia (D-Ill.), Sylvia Garcia (D-Texas), Katie Porter (D-Calif.), Stephen Lynch (D-Mass.), Rashida Tlaib (D-Mich.), and Jamaal Bowman (D-N.Y.) sent a letter to Federal Reserve Chair Jerome Powell expressing concern and seeking answers about the Federal Reserve’s (Fed’s) most recent … Continue Reading
October 28, 2022
Warren, Markey, Moulton Announce $34 Million to Upgrade Salem Harbor into Hub for Offshore Wind
Boston, MA - U.S. Senators Elizabeth Warren (D-Mass.) and Edward J. Markey (D-Mass.) and U.S. Representative Seth Moulton (D-Mass.) announced that the City of Salem will receive $34 million from the U.S. Department of Transportation (DOT) to redevelop a vacant industrial facility into a marshalling area for offshore wind energy projects. The federal DOT Port Infrastructure Development Grant awarded to Salem will position the city to be a national leader in offshore wind as it builds a … Continue Reading
October 27, 2022
Warren Obtains Department of Defense Commitment to Protect Taxpayer Dollars, as DoD Indicates It Does Not Want to Adjust Contracts for Inflation
Washington D.C. - In response to questions from U.S. Senator Elizabeth Warren (D-Mass.), a member of the Senate Armed Services Committee, about defense industry pressure on the Department of Defense (DoD) to increase the price of existing defense contracts, the Under Secretary of Defense for Acquisition and Sustainment, Bill LaPlante said that the Department “does not intend to enact a policy to increase contract prices due to inflation.”“As major defense contractors brag to their … Continue Reading
October 27, 2022
Senator Warren Alerts CFPB to Extensive Fraudulent Activity on Zelle, Ramps Up Call for Stronger Rules to Prevent Banks From Mistreating Customers
Washington D.C. - U.S. Senator Elizabeth Warren (D-Mass.) sent a letter to the Consumer Finance Protection Bureau (CFPB) summarizing the findings of her investigation revealing high rates of fraud and scams on the bank-owned peer-to-peer platform Zelle. The report found that not only is fraudulent activity growing on the platform, but the banks are not refunding the vast majority of defrauded consumers, breaking their promises to their customers and potentially violating federal law.“My … Continue Reading
October 26, 2022
ICYMI: Senator Warren and Representative Pressley Launch Student Debt Cancellation Tour Across Massachusetts
Lawmakers Visited Sites in Boston, Brockton, Worcester, and Springfield to Sign Up Residents for Student Debt Cancellation Boston, MA - In case you missed it, on Tuesday, October 25, 2022, U.S. Senator Elizabeth Warren (D-Mass.) and Representative Ayanna Pressley (D-Mass.) visited communities across Massachusetts to celebrate the Biden administration’s student debt cancellation plan and help residents sign up for student loan relief. Their statewide road trip followed the White House’s … Continue Reading
October 26, 2022
Senator Warren, Massachusetts Congressional Delegation Ask FEMA for Assistance with Program for Food and Shelter Grants
Washington D.C. - U.S. Senator Elizabeth Warren (D-Mass.) led a letter with the Massachusetts Congressional Delegation to Federal Emergency Management Agency (FEMA) Administrator Deanne Criswell and Emergency Food and Shelter Program (EFSP) Chair Michael Lee requesting help for local organizations to find the resources they need to support newly arrived migrants in Massachusetts. This request follows a letter sent last month by members of the Massachusetts delegation to FEMA and … Continue Reading
October 26, 2022
Warren, Sanders, Schakowsky to FTC: Oppose Kroger-Albertsons Deal
Washington, D.C.— United States Senators Elizabeth Warren (D-Mass.) and Bernie Sanders (I-Vt.) and Representative Jan Schakowsky (D-Ill.) sent a letter to Federal Trade Commission (FTC) Chair Lina Khan urging the agency to oppose Kroger’s proposed $24.6 billion acquisition of Albertsons. In the letter, the lawmakers highlight how Kroger and Albertsons have price gouged consumers during the pandemic, and how this merger could increase monopoly power, buyer power, and hurt both companies’ … Continue Reading
October 26, 2022
Senator Warren, Colleagues Urge the Biden Administration for TPS Extension and Redesignation for Haiti as Worsening Living Conditions Force Thousands to Leave
Washington D.C. - U.S. Senator Elizabeth Warren (D-Mass.) joined Senator Edward J. Markey (D-Mass.) and 14 colleagues urging the Biden administration to immediately extend and redesignate Temporary Protected Status (TPS) for Haiti, authorizing Haitian nationals in the United States to remain in the country until conditions improve in Haiti. Haiti continues to face compounding crises, escalating gang violence, widespread civil and political unrest since the assassination of … Continue Reading
October 26, 2022
Senators Warren, Markey Push MBTA for More Answers, Accountability as Agency Begins Releasing Promised Public Data on Orange Line Repairs, Travel Times
Lawmakers respond to MBTA’s letter to Senator Markey, read full text HEREWashington, DC - Today Senators Elizabeth Warren (D-Mass.) and Edward J. Markey (D-Mass.) issued the following statement in response to a letter from MBTA General Manager Steve Poftak outlining the status of Orange Line speed restrictions and a list of outstanding work required to bring the MBTA up to a state of good repair. The letter from Mr. Poftak also included a renewed commitment to release average train time … Continue Reading
October 25, 2022
Warren, Ocasio-Cortez, Lawmakers Seek Answers From Financial Regulators About Revolving Door Between Regulatory Agencies and Crypto Industry
Washington D.C. - U.S. Senators Elizabeth Warren (D-Mass.) and Sheldon Whitehouse (D-R.I.) and U.S. Representatives Alexandria Ocasio-Cortez (D-N.Y.), Jesús “Chuy” García (D-Ill.), and Rashida Tlaib (D-Mich.) sent a letter to the U.S. Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), the U.S. Department of Treasury (Treasury), the Federal Reserve (Fed), the Federal Deposit Insurance Corporation (FDIC), the Office of the Comptroller of the Currency … Continue Reading
October 21, 2022
Warren, Senators Respond to Heartbeat International About its Lack of Material Responses to Inquiry on Collection and Disclosure of Women’s Reproductive Health Information
Washington, D.C. - U.S. Senators Elizabeth Warren (D-Mass.), Mazie Hirono (D-Hawaii), Cory Booker (D-N.J.), Bernie Sanders (I-Vt.), Ron Wyden (D-Ore.), Edward J. Markey (D-Mass.), and Richard Blumenthal (D-Conn.) sent a letter to Heartbeat International, following up on their September letter to the organization, which laid out concerns and sought answers about Heartbeat International and its more than 2,000 affiliated crisis pregnancy centers’ (CPCs) collection and use of pregnant … Continue Reading
October 20, 2022
Senators Warren and Booker Urge Commodity Futures Trading Commission to Investigate Rising Prices in Key Commodities Markets
Washington D.C. - U.S. Senator Elizabeth Warren (D-Mass.) and Senator Cory Booker (D-N.J.) sent a letter to Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam asking him to conduct a series of studies examining whether excessive speculation in key commodities markets - including natural gas, wheat, and oil - has contributed to higher prices of household necessities.“The Commodity Futures Trading Commission has a responsibility to protect American families by fulfilling its … Continue Reading
