Minority Press Releases
Warren Statement on Senate Republicans’ Plan To Increase Costs For Families And Jeopardize Our Nation’s Financial Stability
Banking Committee Democratic staff release new fact sheet on how bill violates longstanding Senate Byrd Rule Fact Sheet (PDF) Washington, D.C. - Today, Chairman Tim Scott released the Senate Banking Committee’s section of Donald Trump’s so-called “Big, Beautiful Bill. Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, released the following statement in response: “This bill goes beyond the already extreme House bill and is yet anot… Continue Reading
June 6, 2025
Warren, Schumer, Democratic Senators Call on Pulte to Halt Fannie and Freddie Reprivatization Efforts Before Assessing Impact on Families
“We have serious concerns that you plan to make significant changes to the Enterprises in a way that would put investor profits over the homes of millions of Americans.” Read letter here Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, and Minority Leader Senator Chuck Schumer (D-NY), led more than a dozen Democratic Senators in a letter to the Federal Housing Finance Agenc`y (FHFA) Director, Bill Pulte, rai… Continue Reading
June 6, 2025
Senator Warren Statement on May 2025 Jobs Report
Washington, DC - Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee released the following statement: “The Trump trifecta of chaotic tariffs, tax cuts for the wealthy, and unleashing Wall Street to cheat people is undermining American jobs and hurting working families. This week’s series of labor market indicators, including today’s employment data and continued downward revisions, provide yet more evidence that Trump’s misguided polic… Continue Reading
June 6, 2025
FORWARDING: Velázquez, Waters, Warren, Markey, and Whitehouse Unveil Bill to Support Small Business Compliance with Corporate Transparency Act
WASHINGTON - Today, Congresswoman Nydia M. Velázquez (D-NY), Ranking Member of the House Small Business Committee, introduced new bicameral legislation to help small businesses comply with beneficial ownership reporting requirements under the Corporate Transparency Act (CTA) and push back against the Trump administration’s efforts to weaken the law. She was joined in the House by Congresswoman Maxine Waters (D-CA), Ranking Member of the House Financial Services Committee. Companion legislation w… Continue Reading
June 5, 2025
Warren, Waters, Call on Fed to Reverse Course on “Embarrassing and Unwarranted” Wells Fargo Asset Cap Removal
Lawmakers call on Fed to turn over Wells Fargo's exam reports for the last five years for Congressional review “The Fed’s decision to lift Wells Fargo’s asset cap despite mounting evidence that the firms’ systemic management failures persist is a direct giveaway to Wall Street at consumers’ expense.” Read letter here Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, and Congresswoman Maxine Waters (D-CA), R… Continue Reading
June 4, 2025
On Senate Floor, Warren Urges Colleagues to Vote Against Bowman Nomination
“During her tenure, (Bowman) has consistently prioritized Wall Street over Main Street. She has weakened safeguards on the largest banks in the country and has opposed common sense rules to promote financial stability, protect consumers, and drive investment in communities across the country.” Watch Speech Here (YouTube) Washington, DC - Today on the Senate floor, Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, urged her Senate c… Continue Reading
June 4, 2025
Warren Raises Alarm on Reports X Enabled Terrorist Fundraising Through Crypto
Warren Warns Stablecoin Loophole in GENIUS Act Could Accelerate Sanctions Evasion and Illicit Finance “In essence, X allowed its platform to be transformed into a sanctions-evasion service for individuals that threaten the safety of Americans on a daily basis.” Text of Letter (PDF) Washington, D.C. - U.S. Senators Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, sent a letter to Treasury Secretary Scott Bessent and National Security Advis… Continue Reading
June 3, 2025
Statement by Senator Warren on the Federal Reserve Board Decision to Lift Wells Fargo's Asset Cap
Washington, DC - U.S. Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing and Urban Affairs Committee, released the following statement on the announcement by the Federal Reserve Board that it is lifting Wells Fargo’s asset cap: “The Fed’s decision to lift Wells Fargo’s asset cap and declare victory despite overwhelming evidence to the contrary is an outrageous giveaway to one of Wall Street’s most derelict banks. The entire Federal Reserve Board, including appoint… Continue Reading
June 3, 2025
Statement by Senator Warren on the Federal Reserve Board Decision to Lift Wells Fargo’s Asset Cap
Washington, DC - U.S. Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing and Urban Affairs Committee, released the following statement on the announcement by the Federal Reserve Board that it is lifting Wells Fargo’s asset cap: “The Fed’s decision to lift Wells Fargo’s asset cap and declare victory despite overwhelming evidence to the contrary is an outrageous giveaway to one of Wall Street’s most derelict banks. The entire Federal Reserve Board, including appoint… Continue Reading
May 30, 2025
FOWARDING: Padilla, Warren, Waters Lead Fight to Continue Funding for Emergency Housing Voucher Program
WASHINGTON, D.C. — U.S. Senators Alex Padilla (D-Calif.) and Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking Committee, along with Representative Maxine Waters (D-Calif.-43), Ranking Member of the Committee on Financial Services, led nearly 100 lawmakers in urging Congressional Appropriations leadership to include robust funding for the Emergency Housing Voucher (EHV) program as part of Fiscal Year (FY) 2026 funding legislation. Tens of thousands of Americans depend on this vita… Continue Reading
May 30, 2025
Warren Statement on April PCE
Washington, D.C. - United States Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee released the following statement: “President Trump is not serious about lowering costs for Americans. Multiple courts have now found his chaotic, across-the-board tariffs to be unlawful - and his policies are hurting families and businesses across the country. When Trump came into office, inflation was on a clear downward trajectory. Today, businesses a… Continue Reading
May 29, 2025
Banks, Warren Press NVIDIA on National Security Risks of Shanghai R&D Facility
Text of Letter (PDF) WASHINGTON, D.C. - Senators Jim Banks (R-Ind.) and Elizabeth Warren (D-Mass.) sent a bipartisan letter to NVIDIA CEO Jensen Huang raising serious national security concerns about the company’s reported plans to open a research and development facility in Shanghai. The letter warns that NVIDIA’s move could aid China’s military-civil fusion strategy, expose sensitive U.S. chip designs to theft or coercion, and directly undercut American technological leadership in artificial … Continue Reading
May 23, 2025
Senators to Introduce Amendment to GENIUS Act to Prevent Trump Corruption
Washington, D.C. - Senator Jeff Merkley (D-OR), Senate Banking Committee Ranking Member Elizabeth Warren (D-MA), Senate Democratic Leader Chuck Schumer (D-NY), Senate Homeland Security and Governmental Affairs Committee Ranking Member Gary Peters (D-MI), Senate Armed Services Ranking Member Jack Reed (D-RI), and Senators Chris Murphy (D-CT) and Michael Bennet (D-CO) released the following statement on the introduction of their anti-corruption amendment to the GENIUS Act: “Elected officials hav… Continue Reading
May 22, 2025
At Hearing, Warren and Scott Urge Swift, Bipartisan Reauthorization of Defense Production Act to Strengthen Our National Security, Supply Chain Resilience, and Ability to Respond to Emergencies
“As we struggle, the People’s Republic of China moves forward.” “We don’t need to accept this. We have the tools to reshore critical supply chains. We can deepen cooperation with our allies, and we can build resilience here at home. One tool to help us do that is the Defense Production Act, which we must reauthorize before it lapses in September.” Watch full hearing (YouTube) Washington, D.C. - Today, U.S. Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing and … Continue Reading
May 21, 2025
Statement from Senator Warren on Republican Attempt to Overrule Parliamentarian
Washington, DC - United States Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing and Urban Affairs Committee, released the following statement on the Republicans’ plan to overrule the Senate Parliamentarian and use the Congressional Review Act to undermine clean air in California: “Republicans are breaking the rules of the Senate, and they will have to live with the consequences. Senate Banking Committee Democrats are prepared to force votes to overturn actions … Continue Reading
May 19, 2025
Trump’s Middle East Chip Deals Are the ‘Art Of The Steal,’ Presenting Major National Security Risk Of China Stealing Sensitive American Technology; Leader Schumer And Senator Warren Lead Senate Democrats In Standing Up Against The Loss Of Building The AI Future In America And Urges Admin To Reconsider Catastrophic Agreements
Text of Letter (PDF) Washington, D.C. - U.S. Senators Elizabeth Warren (D-MA.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, and Senate Democratic Leader Chuck Schumer (D-N.Y.), along with Senators Jack Reed (D-RI), Mark Warner (D-VA), Kirsten Gillibrand (D-NY), Chris Coons (D-DE), Chris Van Hollen (D-MD) and Elissa Slotkin (D-MI), sent a letter to Secretary of Commerce, Howard Lutnick, and Secretary of State, Marco Rubio, urging the administration to reconsider t… Continue Reading
May 19, 2025
On Senate Floor, Warren Urges Colleagues to Vote No on the GENIUS Act
FOR IMMEDIATE RELEASEMay 19, 2025Contact: Marissa Davis (Banking) On Senate Floor, Warren Urges Colleagues to Vote No on the GENIUS Act Warren: “It doesn’t have to be this way. A bill that meaningfully strengthens oversight of the stablecoin market is worth enacting. A bill that turbocharges the stablecoin market, while facilitating the President’s corruption and undermining national security, financial stability, and consumer protection is worse than no bill at all.” Watch Floor Speech Liv… Continue Reading
May 19, 2025
Senator Warren and Representative Wilson Send Bipartisan Letter Pressing Trump Administration to Follow Through on Syria Sanctions Relief and Export Controls
“Although President Trump has said he ‘will be ordering the cessation of sanctions against Syria,’ we have not yet been briefed by the Administration or provided concrete details about what that means in practice.” “Every day that goes by without these reforms threatens our strategic interests and makes it more difficult for Syria to rebuild after decades of oppression.” Text of Letter (PDF) Washington, D.C. - U.S. Senators Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Hou… Continue Reading
May 19, 2025
Warren, Reed Press Treasury and DOJ on North Korea’s $1.5 Billion Crypto Heist
Lawmakers raise concerns as Senate Republicans attempt to advance the GENIUS Act — legislation that, as currently drafted, would dramatically expand the stablecoin market with few guardrails and inadequate national security protections. “In the wake of the Bybit hack, it is essential that the United States redouble its efforts to prevent North Korean crypto theft.” Text of Letter (PDF) Washington, D.C. - U.S. Senators Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, … Continue Reading
May 15, 2025
Warren, Merkley Seek World Liberty Financial Records on $2 Billion Trump Stablecoin Deal Involving UAE Firm and Binance
“Congress is considering legislation that, if passed into law, would expand the scale and reach of USD1 and enable the President to continue profiting off of a financial product he oversees, lining his pockets at the expense of American taxpayers and undermining our democracy.” "This is a staggering vehicle for corruption.” Text of Letter (PDF) Washington, D.C. - U.S. Senators Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, and Jeff Merk… Continue Reading