Press Releases
Warren Urges Banking Regulator to Address Citibank’s Failures, Consider Breaking Up the Bank
Boston, MA - U.S. Senator Elizabeth Warren wrote to Michael Hsu, Acting Comptroller of the Office of the Comptroller of the Currency (OCC), urging stronger regulation of Citibank (Citi), which has become “too-big-to-manage” and committed a number of massive blunders in recent years. Citi, the fourth largest bank in the United States, has failed to reform and modernize its operations despite being the subject of multiple enforcement actions by the OCC and the Federal Reserve. Citi has twice … Continue Reading
October 03, 2024
Warren, Brown Slam U.S. Steel Executives for Corporate Greed in Nippon Steel Deal
Boston, MA - Today, U.S. Senators Elizabeth Warren (D-Mass.) and Sherrod Brown (D-Ohio), backed the United Steelworkers (USW) and called out the executives of the United States Steel Corporation for selling out American steelworkers in order to get a fat payout if acquired by Nippon Steel. For the past year, U.S. Steel, a storied American steel manufacturing company, has been subject to an increasingly controversial potential acquisition by Nippon Steel, a Japanese steel producer that has … Continue Reading
October 02, 2024
Warren, Rubio Renew Push to Investigate the Effects of Foreign Investment on U.S. Pharmaceutical Supply Chains
Washington, D.C. - Senators Elizabeth Warren (D-Mass.) and Marco Rubio (R-Fla.) reintroduced the United States Pharmaceutical Supply Chain Review Act, legislation to require the Federal Trade Commission, in consultation with the Department of Commerce, to produce a report on the impacts of foreign investment in the United States’ pharmaceutical industry. The senators first introduced this bipartisan legislation in June 2020, just months after Senator Warren introduced … Continue Reading
October 01, 2024
Warren, Markey, McGovern, Pressley Push Stop & Shop Parent Company on Price Gouging Concerns in Massachusetts Communities
Washington, D.C. - U.S. Senators Elizabeth Warren (D-Mass.) and Ed Markey (D-Mass.), along with Representatives Jim McGovern (D-Mass.) and Ayanna Pressley (D-Mass.), sent a letter to Frans Muller, CEO of Ahold Delhaize—parent company of Stop & Shop—demanding information on reports of price disparities at store locations in Massachusetts. Specifically, the lawmakers are concerned that Stop & Shop’s potential use of pricing algorithms is leading to price gouging, resulting in higher … Continue Reading
September 30, 2024
Warren, Braun, Lee, Grassley Lead Effort to End Wasteful Pentagon Spending
Washington, DC - Senator Elizabeth Warren (D-Mass.), a member of the Senate Armed Services Committee, along with Senators Mike Braun (R-Ind.), Mike Lee (R-Utah) and Chuck Grassley (R-Iowa), reintroduced the Streamline Pentagon Spending Act, bipartisan legislation to repeal statutory requirements to provide unfunded priorities lists, reduce wasteful reporting burdens, and enhance civilian oversight over the budgetary process. For decades, the military services have submitted wish lists, … Continue Reading
September 30, 2024
Warren, Markey, Auchincloss, Lynch Raise Concerns Over Private Equity-Owned Rural HealthCare Group’s Acquisition of Steward’s Physician Network
Washington, D.C. - Today, U.S. Senators Elizabeth Warren (D-Mass.) and Ed Markey (D-Mass.), along with Representative Jake Auchincloss (D-Mass.) and Representative Stephen Lynch (D-Mass.), sent a letter to the CEO of Rural Healthcare Group (RHG) raising concerns over its proposed acquisition of Steward Health Care’s (Steward’s) physician group, Stewardship Health (Stewardship). Specifically, the lawmakers warned that RHG executives - who have a troubling history of putting profits over patient … Continue Reading
September 27, 2024
Warren, Markey Call On Ocean Management and Safety Agencies to Protect Native Land When Issuing Offshore Wind Leases
Washington, D.C. - U.S. Senators Elizabeth Warren (D-Mass.) and Ed Markey (D-Mass.) urged the Bureau of Ocean Energy Management (BOEM) and the Bureau of Safety and Environmental Enforcement (BSEE) to ensure close consultation with Native American Tribes throughout the process of developing offshore wind projects. The Biden Administration has made historic commitments to more robustly consult Tribes, seek consensus with Tribal Nations, and more intentionally incorporate Indigenous Knowledge in … Continue Reading
September 27, 2024
Warren, Jacobs, Lawmakers Introduce Bill to Protect Military Families from Abusive Non-Disclosure Agreements
Washington, D.C. - U.S. Senators Elizabeth Warren (D-Mass.), Kirsten Gillibrand (D-N.Y.), and Jeanne Shaheen (D-N.H.) and Representatives Sara Jacobs (D-Calif.) and Don Davis (D-N.C.) introduced the Restore Military Families’ Voices Act, which would bar private military housing companies from imposing non-disclosure agreements (NDAs) on tenants as a condition for housing services. The Restore Military Families’ Voices Act was included in the Senate version of the National Defense Authorization … Continue Reading
September 27, 2024
Warren, Cardin, Cherfilus-McCormick, Meeks Lead Over 60 Lawmakers in Urging Departments of Justice, State, Homeland Security, and Commerce to Stop Arms Trafficking to Haiti
Washington, D.C. - Senators Elizabeth Warren (D-Mass.), a member of the Senate Armed Services Committee, Ben Cardin (D-Md.), Chair of the Senate Foreign Relations Committee, Representatives Sheila Cherfilus-McCormick (D-Fla.) and Gregory Meeks (D-N.Y.), Ranking Member of the House Foreign Affairs Committee, led a letter to the Departments of State (State), Homeland Security (DHS), Commerce (Commerce), and Justice (DOJ), urging them to strengthen steps to prevent the flow of illegal firearms … Continue Reading
September 27, 2024
Warren, Blackburn Renew Bipartisan Push to Honor Women that Volunteered in World War II
Washington, D.C. - Senators Elizabeth Warren (D-Mass.) and Marsha Blackburn (R-TN), along with Senate Majority Whip Dick Durbin (D-Ill.) and Senators Chris Van Hollen (D-Md.), Thom Tillis (R-N.C.), Ron Wyden (D-Ore.), Mike Braun (R-Ind.), Jon Ossoff (D-Ga.), and Ted Cruz (R-Texas) reintroduced the Women Accepted for Voluntary Emergency Service (WAVES) resolution to honor the women who served in the Navy during World War II. After World War I, laws limited women to the role of nurses during … Continue Reading
September 27, 2024
Warren, Whitehouse, Casar, Lawmakers Slam 35 Companies for Paying Their Executives More Than They Pay in Federal Income Taxes
Washington, D.C. - U.S. Senators Elizabeth Warren (D-Mass.) and Sheldon Whitehouse (D-R.I.), and Representative Greg Casar (D-Texas) led their colleagues in slamming 35 major companies that have been paying their executives more than they pay in federal income taxes. The lawmakers point to this as an additional reason why Congress must reform the tax code in 2025 to ensure that big corporations are paying what they owe. “For decades, big businesses and the wealthy have skirted their … Continue Reading
September 26, 2024
Warren Leads Charge to Protect Military Readiness, Takes on Defense Contractors Seeking to Block the Military’s Right to Repair Its Weapons and Equipment
Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.), a member of the Senate Armed Services Committee, today sent two letters regarding the costly restrictions imposed on the Department of Defense that bar the military from repairing its own military equipment and instead force it to pay billions of dollars extra to military contractors. Senator Warren’s first letter was sent to DoD, urging the Department to take action to address these restrictions. Her second letter … Continue Reading
September 26, 2024
Warren, Doggett Lead Bicameral Charge to Lower Price of Popular Weight-Loss Drugs
Washington, D.C. - Senator Elizabeth Warren (D-Mass.) and Representative Lloyd Doggett (D-Texas) wrote to Department of Health and Human Services (HHS) Secretary Xavier Becerra asking him to lower the cost of vital weight-loss drugs by using the agency’s existing legal authority to issue generic licenses for semaglutide, a prescription drug sold under the names Ozempic and Wegovy. The drug is commonly used to treat obesity and diabetes and is known for improving health and well-being. HHS … Continue Reading
September 26, 2024
Warren Criticizes Banking Regulators’ Inaction on NYCB’s “Systemic Failings” and Threats to Banking and Financial Stability
Washington, D.C. - Today, Senator Elizabeth Warren (D-Mass.) sent letters to Michael Hsu, Acting Comptroller of the Office of the Comptroller of the Currency (OCC), and Jerome Powell, Chair of the Federal Reserve (Fed), with renewed concern that the OCC and the Fed could allow New York Community Bank (NYCB) to escape regulatory oversight despite identifying “systemic failings” in the bank’s operation and management. She also calls for the OCC to consider implementing an Individual Minimum … Continue Reading
September 26, 2024
Warren Releases Findings of Investigation Into Insurance Industry Kickbacks Costing Americans Billions of Dollars
Washington, D.C. - Senator Elizabeth Warren (D-Mass.) today released a new 22-page report detailing the findings of her investigation into insurance industry kickbacks. The new report revealed trips to Cancun, luxury cruises on the Danube, a five-star resort in Mexico, and more extravagant incentives offered by insurance companies to employees in exchange for promoting plans that may not be in the best interest of their clients. A Department of Labor rule issued to end the kickbacks was set … Continue Reading
September 25, 2024
ICYMI: At Hearing, Warren Slams Trump for Role in Criminalizing Abortion, Pushes Back on Misinformation
Washington, D.C. - At a hearing of the Senate Finance Committee, Senator Elizabeth Warren (D-Mass.) highlighted the dangerous consequences women have faced two years after Donald Trump’s Supreme Court overturned Roe v. Wade. Senator Warren recounted recent tragedies in states with abortion bans and warned that doctors’ ability to perform life-saving care in emergency situations is under attack. Just last week, ProPublica reported on the untimely deaths of two Georgia mothers, Amber Nicole … Continue Reading
September 23, 2024
Warren, Khanna, Lawmakers Urge Biden Administration to Develop Strong Guardrails for Carbon Sequestration Tax Credit
Washington, D.C. - U.S. Senators Elizabeth Warren (D-Mass.) and Angus King (I-Maine), along with Representatives Ro Khanna (D-Calif.), Alma Adams (D-N.C.), Pramila Jayapal (D-Wash.), and Jan Schakowsky (D-Ill.), wrote to the U.S. Department of the Treasury (Treasury), the Internal Revenue Service (IRS), and the U.S. Environmental Protection Agency (EPA), urging the agencies to develop strong guardrails for the 45Q tax credit, which is designed to encourage carbon capture and sequestration … Continue Reading
September 23, 2024
Warren, Markey, Healey, Wu, Massachusetts Leaders Secure $472 Million in Federal Funding to Replace Draw One Bridge, Renovate North Station T Stop
Largest federal award MBTA has won to date Funding will increase ridership, streamline operations, and improve resiliency along Amtrak’s Downeaster route and regional rail lines Washington, D.C. - Today, Senators Elizabeth Warren (D-Mass.) and Ed Markey (D-Mass.), along with Representatives Stephen Lynch (D-MA-08), Katherine Clark (D-MA-05), Ayanna Pressley (D-MA-07), Lori Trahan (D-MA-03), Massachusetts Governor Maura Healey, Boston Mayor Michelle Wu, and MBTA General Manager and CEO … Continue Reading
September 20, 2024
Warren, Lujan, Lawmakers Push Social Media Platforms to Combat 2024 Election Disinformation
, TikTok, X (Twitter), Reddit, Snapchat, Amazon (Twitch), Discord, Signal, Telegram, and Apple (Messages) to: Provide information, broken down by language, about the size and capacity of their 2024 U.S. elections safety resources, including personnel and technologies; Commit to increasing their 2024 U.S. election safety team and technology resourcing for the 10 most commonly spoken languages on their platform(s); Share information about how they plan to de-amplify and/or remove election … Continue Reading
September 19, 2024
Warren, Cruz, Lawmakers Introduce Bipartisan Bill to Improve Federal Response for Major Disasters
Washington, D.C. - Senators Elizabeth Warren (D-Mass.) and Ted Cruz (R-Texas), alongside Representatives Brian Babin (R-Texas) and John Garamendi (D-Calif.), introduced the Regional Impact of Disasters and Emergencies Relief (RIDER) Act to improve the delivery of federal relief to disaster-struck communities. With the threat of natural disasters and emergencies growing in recent years, the bipartisan, bicameral bill would amend existing law to better address the on-the-ground experiences of … Continue Reading
