Minority Press Releases
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
May 15, 2025
Warren, Durbin, and Blumenthal Seek Answers on Reported Pardon Bid by Binance Founder Changpeng Zhao
Senators raise concerns as Binance uses Trump stablecoin for business deal and Republicans try to jam through crypto legislation that will benefit President Trump and his family “The convergence of Mr. Zhao’s pardon application and Binance’s financial entanglements with the President’s family presents urgent concerns regarding the integrity of our justice system.” Text of Letter (PDF) Washington, D.C. - U.S. Senators Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, a… Continue Reading
May 13, 2025
Warren Statement on Sanctions Relief for Syria
Washington, D.C. - U.S. Senators Elizabeth Warren (D-Mass.), ranking member of the Senate Banking, Housing, and Urban Affairs Committee released the following statement: "Representative Joe Wilson and I have been pushing President Trump to update our broad and outdated Syria sanctions that, if left in place, will harm U.S. interests and the Syrian people. The Trump Administration should take the concrete steps we laid out - or risk walking away from an opportunity to promote stability in the re… Continue Reading
May 13, 2025
Warren, Van Hollen Call on Trump and Trump Family to Divest from World Liberty Financial; Sound Alarm on Foreign Governments Using Trump Crypto to Curry Presidential Favors
Trump and His Family Will Earn Millions from United Arab Emirates-Connected Crypto Deal as The Administration is Set to Approve Sales of U.S. AI Chips to Emirati Firm With China Ties Trump Middle East Travel Comes Days After Republicans Tried to Jam Through GENIUS Act with No Basic Protections against the President’s Crypto 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, a… Continue Reading
May 13, 2025
Warren Calls on DOJ To Block Anticompetitive Capital One-Discover Merger That Would Raise Prices and Fees on Consumers and Small Businesses
Read letter here Washington, DC - Ahead of the finalization of the Capital One-Discover merger that would create the nation’s largest credit card company, U.S. Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, wrote to Department of Justice (DOJ) Assistant Attorney General Abigail Slater calling on the Antitrust Division to step in and block the anticompetitive transaction. “The deal appears to be an illegal transaction under federa… Continue Reading
May 13, 2025
Warren Statement on April 2025 CPI
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: “Last week, the Fed warned that the risks of higher inflation and higher unemployment are increasing because of President Trump’s trade wars. President Trump’s worldwide tariffs are still unprecedented in their scope and levels. Consumers and businesses will feel little relief from President Trump folding to Xi Jinping … Continue Reading
May 12, 2025
WSJ Editorial Board Agrees with Senator Warren – President Trump’s Stablecoin Corruption Must be Stopped
“The Trumps’ crypto peddling is especially ill-advised because the Administration will regulate crypto products and practices.” “On Thursday Democrats blocked a Senate floor vote on bipartisan legislation to create a framework for regulating stablecoins. The crypto industry backs the bill, but now Democrats are demanding tougher rules and enforcement.” Washington, DC - In case you missed it, President Donald Trump’s crypto corruption, including through his family’s World Liberty Financial stab… Continue Reading
May 9, 2025
Warren Statement on Reports of Meta’s Newest Crypto Project
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 on breaking news about Meta's stablecoin business: “Six years ago, Meta tried to launch its own private currency - until it abandoned that effort due to overwhelming opposition from Republicans and Democrats in Congress. Now that Meta reportedly may try again after Mark Zuckerberg paid $1 million in tribute to Donald Tru… Continue Reading
May 9, 2025
FORWARDING: Van Hollen, Warren Lead Colleagues in Pressing Bessent, Bondi on Oversight of Binance Following Reported Meetings with Company Executives and Administration Officials
WASHINGTON - Today, U.S. Senators Chris Van Hollen (D-Md.), Elizabeth Warren (D-Mass.), Richard Blumenthal (D-Conn.), Sheldon Whitehouse (D-R.I.), and Mazie Hirono (D-Hawaii) pressed Treasury Secretary Scott Bessent and Attorney General Pam Bondi for answers regarding the Trump Administration’s oversight of cryptocurrency exchange Binance’s legal obligation to exit the U.S. market, following its guilty plea and settlement of serious federal charges including money laundering and violations of U.… Continue Reading
May 9, 2025
FW: Schumer, Warren Lead Senate & House Democrats In Amicus Brief Slamming President Trump's Lawless Attempts To Dismantle The Consumer Financial Protection Bureau
Forwarding from Leader Schumer. As the Trump Administration reportedly pulls its CFPB Director nomination, Congressional Democrats are united, including every Senate Democrat, in calling out how the Administration is trying to illegally circumvent Congress and dismantle the CFPB. For Immediate ReleaseDate: May 9, 2025 CONTACT: Allison Biasotti (Schumer), press@schumer.senate.gov Schumer, Warren Lead Senate & House Democrats In Amicus Brief Slamming President Trump’s Lawless Attempts To… Continue Reading
May 7, 2025
Warren Statement on Upcoming Federal Reserve Decision
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: “In just 100 days, President Trump has managed to hamstring the Fed’s primary monetary tool to deal with a turbulent economy. If he refuses to reverse course on his disastrous economic policies, the Fed will be forced to either keep rates higher longer or scramble to respond to a weakening economy. The President can bla… Continue Reading
May 6, 2025
Warren, Shaheen Lead Senate Democrats in Pressing Trump Administration to Use U.S. and G7 Sanctions Leverage in Push to End Russia’s War
“President Trump posted a message imploring President Putin to ‘STOP!’ Nevertheless, Russia continued to attack Ukraine, launching another round of deadly strikes the next night.” “We urge you to… communicate more credibly that the Kremlin must end its war of aggression.” 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 Jeanne Shaheen (D-N.H.), Ranking Member of the Senate Committe… Continue Reading
May 6, 2025
Warren, Scott (FL) Lead Push for Independent Inspector General at the Federal Reserve
Text of Bill (PDF) | 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 Rick Scott (R-Fla.) introduced bipartisan legislation to require a presidentially appointed and Senate-confirmed Inspector General (IG) to the Board of Governors of the Federal Reserve System and the Consumer Financial Protection Bureau (CFPB). Under current law, the IG is charged with overseeing and holding accoun… Continue Reading
May 5, 2025
On Senate Floor, Warren Outlines Critical Fixes Needed for Democrats to Support GENIUS Act; Outlines Concerns on Trump’s Stablecoin Corruption
“If the GENIUS Act goes forward without changes, Donald Trump will continue to line his pockets with his crypto scams - while his policies continue to tank the economy for the rest of us.” “If the majority wants to establish a durable legal framework for digital assets, rather than just try to score political points, they will take these concerns seriously and agree to improve the bill.” Watch Speech Here Washington, DC - U.S. Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate B… Continue Reading
May 5, 2025
Ahead of Committee Vote, Warren Releases Troubling Responses from Trump Economic, Housing, and National Security Nominees
Text of Bowman Response (PDF) | Text of Hughes Response (PDF) | Text of Woll Response (PDF) | Text of Hurley Response (PDF) | Text of Fogel Response (PDF) | Text of Heid Response (PDF) Washington, D.C. - Ahead of the committee vote, U.S. Senator Elizabeth Warren (D-Mass.), ranking member of the Senate Banking, Housing, and Urban Affairs Committee, released the troubling responses from President Donald Trump’s nominees to the Questions for the Record (QFRs) she submitted following their respecti… Continue Reading
May 5, 2025
FORWARDING: Merkley, Warren: Trump-Linked Crypto Deal is a 'Staggering' Conflict of Interest
Senate will vote on the GENIUS Act which will turbocharge this kind of corruption and contains no restrictions to prevent foreign countries from currying favor with President Trump by using his stablecoin Washington, D.C. - Today, in response to recent reports surrounding a billion-dollar business deal with a Trump-backed cryptocurrency company and foreign crypto firm, Oregon’s U.S. Senator Jeff Merkley and Massachusetts’ U.S. Senator Elizabeth Warren, Ranking Member of the Senate Committee on… Continue Reading