Press Releases
Warren Seeks Gilead CEO's Testimony on Competition and High Drug Costs at June 16th Finance Subcommittee Hearing
Washington, DC - United States Senator Elizabeth Warren (D-Mass.) today invited Gilead CEO Daniel O'Day to testify at a hearing of the U.S. Senate Committee on Finance's Subcommittee on Fiscal Responsibility and Economic Growth entitled "Promoting Domestic Competition and International Competitiveness." The hearing is scheduled for 2:30pm on Wednesday, June 16, 2021. "Gilead Sciences, Inc. can offer an important perspective on drug pricing and competitiveness within the pharmaceutical … Continue Reading
June 02, 2021
Statement from Senators Warren and Markey, Rep. Pressley on American Rescue Plan Funds for Massachusetts
Boston, MA - Today, Senators Elizabeth Warren (D-Mass.) and Edward J. Markey (D-Mass.), and Congresswoman Ayanna Pressley (MA-07) issued the following statement on the approximately $5.3 billion in federal funding provided under the American Rescue Plan for Massachusetts: “Chelsea, Everett, Methuen, and Randolph have borne a disproportionate burden of the coronavirus pandemic and deserve financial support now,” the lawmakers said in a joint statement. “The flexible federal relief funding in … Continue Reading
May 27, 2021
Warren Joins Cardin, Van Hollen, Velázquez, Colleagues in Calling on President Biden to Review Countries for Temporary Protected Status
Washington, DC - United States Senator Elizabeth Warren (D-Mass.) joined Senators Ben Cardin (D-Md.) and Chris Van Hollen (D-Md.) and Representative Nydia M. Velázquez (D-N.Y.) today, along with their colleagues in both the Senate and the House of Representatives, to call on President Biden and the Department of Homeland and Security Secretary Mayorkas to use the Temporary Protected Status (TPS) program broadly and boldly to safeguard vulnerable people. “We respectfully request that the U.S. … Continue Reading
May 27, 2021
Warren Delivers Remarks at Freedom From Facebook and Google: Break Up Big Tech
Watch Remarks Here Washington, DC - Today, United States Senator Elizabeth Warren (D-Mass.) delivered remarks at Freedom From Facebook and Google's virtual event calling to break up Big Tech. The full text of her remarks is available below.Remarks by Senator Elizabeth Warren May 27, 2021Hello! Thank you for inviting me to join you today! I'm sorry we couldn't do this in person, but I'm grateful for this chance to pass along this message. I want to start with a big thank you to the … Continue Reading
May 27, 2021
Warren, Levin Introduce The National Institutes of Clean Energy Act of 2021
Washington, DC - United States Senator Elizabeth Warren (D-Mass.) and Congressman Andy Levin (D-Mich.) introduced the National Institutes of Clean Energy Act of 2021, legislation that would invest $400 billion over the next ten years to establish and operate a new system of institutes at the Department of Energy dedicated to research and development (R&D) of advanced clean energy technologies. Modeled after the National Institutes of Health, these Clean Energy Institutes would invest … Continue Reading
May 27, 2021
Warren, Levin Introduce The Buy Green Act of 2021
Washington, DC - United States Senator Elizabeth Warren (D-Mass.) and Congressman Andy Levin (D-Mich.) officially introduced the Buy Green Act of 2021. First announced in March 2021, the bill would establish $1.5 trillion in federal procurement commitments over the next ten years to purchase American-made clean, renewable, and emission-free energy products for federal, state, and local use. The bill also establishes a grant program for U.S. companies to invest in clean energy … Continue Reading
May 27, 2021
Warren, Wyden, Brown, Casey, Smith Introduce New Bill to Build Child Care Infrastructure and Availability
Bill comes on the heels of a report demonstrating the critical need to expand and invest in American child care system.Bill Text | One-pager | Section-by-Section Washington, D.C. - Today, United States Senators Elizabeth Warren (D-Mass.), a member of the Senate Finance Committee, Ron Wyden (D-Ore.) Chairman of the Senate Finance Committee, Sherrod Brown (D-Ohio.), Bob Casey (D-Pa.), and Tina Smith (D-Minn.) introduced a new bill allocating mandatory funding to build child care availability … Continue Reading
May 26, 2021
Senators Warren, Murkowski Reintroduce Bipartisan Legislation to Address the Lack of Funding for Child Abuse and Neglect Prevention in Indian Country
Washington, DC - United States Senators Elizabeth Warren (D-Mass.) and Lisa Murkowski (R-Alaska) reintroduced the American Indian and Alaska Native Child Abuse Prevention and Treatment Act (AI/AN CAPTA). First introduced in 2019 with Representative Raúl M. Grijalva (D-Ariz.), the bipartisan bill would amend the Child Abuse Prevention and Treatment Act (CAPTA) to help provide tribal nations with resources to combat child abuse and neglect. Senate cosponsors include Senators Jacky Rosen … Continue Reading
May 26, 2021
Warren, Sanders Urge SEC to Immediately Remove and Replace Members of the Public Company Accounting Oversight Board
Washington, D.C. - U.S. Senators Elizabeth Warren (D-Mass.) and Bernie Sanders (I-Vt.) sent a letter to Security and Exchange Commission (SEC) Chair Gary Gensler requesting the SEC use its authority to immediately remove and replace the members of the Public Company Accounting Oversight Board (PCAOB), which sets standards for audits of public company financial statements required under Sarbanes-Oxley."We ask that you make full use of these authorities to undo the Trump administration's damage … Continue Reading
May 26, 2021
Warren Slams CEOs of the Nation's Largest Banks: You Got Breaks from the Government but Refused to Offer Just a Little Help to Struggling Families During the Pandemic
Washington, DC - In a Senate Banking, Housing, and Urban Affairs Committee hearing today, United States Senator Elizabeth Warren (D-Mass.) slammed the CEOs of four of the nation's largest banks -- JPMorgan, Wells Fargo & Co, Citi, and Bank of America -- for taking a collective $4 billion in overdraft fees from people during the pandemic. Senator Warren also urged the CEOs to refund the billions they took from struggling consumers during the pandemic: not agreed to do so.As the … Continue Reading
May 25, 2021
At Hearing, Treasury Nominees Agree with Warren on Need for Child Care Investments and IRS Enforcement
Washington, DC - At today's Senate Finance Committee nomination hearing, United States Senator Elizabeth Warren (D-Mass.) highlighted the critical need to invest in our child care system as the country heads towards a post-pandemic economic recovery and emphasized that her tax proposals, the Restoring the IRS Act, the wealth tax and real corporate profits tax, could more than pay for child care investments.At the hearing, Benjamin Harris, nominee to be Assistant Secretary of … Continue Reading
May 25, 2021
At Hearing, Warren Calls On The Biden Administration to Replace Quarles As Soon As His Term Is Up
Washington, DC - In a Senate Banking, Housing, and Urban Affairs Committee hearing today, United States Senator Elizabeth Warren (D-Mass.) questioned Randal K. Quarles, Vice Chairman for Supervision at the Board of Governors of the Federal Reserve System, about his decision to weaken supervision for large foreign banks including Credit Suisse, which suffered the largest losses from the implosion of the hedge fund Archegos. In 2020, Quarles, whose job at the Fed is to oversee the safety … Continue Reading
May 24, 2021
Warren Introduces IRS Bill to Stop Wealthy Tax Cheats and Close the Tax Gap
Washington, DC - Today, United States Senator Elizabeth Warren (D-Mass.), a member of the Senate Finance Committee, introduced the Restoring the IRS Act of 2021, which would provide the Internal Revenue Service (IRS) with the resources it needs to go after wealthy tax cheats and close the tax gap. The bill would rebuild and strengthen the IRS by permanently removing the IRS's base budget from the annual appropriations process and providing $31.5 billion in mandatory annual funding. This … Continue Reading
May 24, 2021
Warren, Colleagues Request Updates from Education Department on Actions taken to Protect Student Borrowers
Washington, D.C. - U.S. Senators Elizabeth Warren (D-Mass.), Tina Smith (D-Minn.), Chris Van Hollen (D-Md.), and Richard Blumenthal (D-Conn.) sent a letter to Secretary of Education Miguel Cardona requesting updates on the Education Department's (ED) actions to protect students during the pandemic. The letter requests information on ED's plans for crucial upcoming decisions that will shape borrowers' experiences for years to come, including preparations for restarting student loan payments in … Continue Reading
May 24, 2021
Warren, Colleagues to Education Department: What Steps Are You Taking to Protect Students Vulnerable to For-Profit Colleges?
Washington, D.C. - U.S. Senators Elizabeth Warren (D-Mass.), Tina Smith (D-Minn.), Chris Van Hollen (D-Md.), and Richard Blumenthal (D-Conn.) sent a letter to Secretary of Education Miguel Cardona requesting updates on the Education Department's (ED) plans to conduct oversight of for-profit colleges and institutions of higher education that pose risks to students during the recovery from the COVID-19 pandemic.For far too long, for-profit institutions were allowed to take advantage of students … Continue Reading
May 21, 2021
Warren and Daines Reintroduce Bipartisan Bill to Upgrade America's Retirement Saving System
Washington, DC - United States Senators Elizabeth Warren (D-Mass.) and Steve Daines (R-Mont.) reintroduced the bipartisan Retirement Savings Lost and Found Act of 2021 to modernize the retirement system to protect Americans' savings by creating a national, online "lost and found" for Americans to track their retirement accounts as they move between jobs. "Millions of Americans lose thousands in savings each year because of lost retirement plans from previous employers and other … Continue Reading
May 21, 2021
NEW: Third SEC Commissioner Raises Concerns about Weak "10b5-1" Insider Trading Rules
Washington, DC - United States Senators Elizabeth Warren (D-Mass.), Sherrod Brown (D-Ohio), and Chris Van Hollen (D-Md) today released a letter from Securities and Exchange (SEC) Commissioner Allison Herren Lee responding to their February 10, 2021 letter urging the SEC to review and consider reforming policies for "10b5-1" stock trading plans amid reports that executives are abusing these plans to obtain huge windfalls at the expense of ordinary investors. Under SEC rules, company … Continue Reading
May 21, 2021
Warren Statement on President Biden Calling for Climate-Related Risk Disclosures
Washington, DC - United States Senator Elizabeth Warren (D-Mass.), a member of the Senate Banking, Housing, and Urban Affairs Committee, made the following statement regarding President Biden's executive order to direct agencies to analyze and mitigate climate risks: "The climate crisis threatens our communities and our economies and we cannot afford to ignore this threat. I've been calling for mandatory climate-related risk disclosures so that investors and the public have … Continue Reading
May 20, 2021
At Hearing, Warren Makes the Case for Expanding Supply of Affordable Housing
Washington, DC - At today's Senate Banking, Housing, and Urban Affairs Committee (BHUA) hearing, United States Senator Elizabeth Warren (D-Mass.) made the case for her American Housing and Economic Mobility Act, which would create a new housing innovation grant program to reduce exclusionary local zoning laws. President Biden has called for the elimination of exclusionary zoning and harmful land-use policies as part of the American Jobs Plan.At the hearing, U.S. Department of Housing and … Continue Reading
May 20, 2021
Warren, Colleagues to Biden Admin: Use All Tools to End Saudi Coalition's Blockade of Yemen
Washington, DC - United States Senators Elizabeth Warren (D-Mass.), a member of the Senate Armed Services Committee (SASC), Patrick Leahy (D-Vt.), Chris Van Hollen (D-Md.), Bob Casey (D-Pa.), Edward J. Markey (D-Mass.), Kirsten Gillibrand (D-N.Y.), Bernie Sanders (I-Vt.), Sherrod Brown (D-Ohio.), Debbie Stabenow (D-Mich.), Tammy Baldwin (D-Wisc.), Patty Murray (D-Wash.), Alex Padilla (D-Calif.), Dianne Feinstein (D-Calif.), Gary Peters (D-Mich.), Maria Cantwell (D-Wash.), and Richard … Continue Reading
