Minority Press Releases
Warren Statement on March Jobs Report
Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs (BHUA) Committee, released the following statement: "The American economy recovered from a once in a century pandemic and unemployment fell to its lowest rate in decades. Now, Donald Trump’s chaos and bad economic policy is setting the stage for businesses to slash investment and jobs. Today’s report had no impact on the tanking stock market - investors are still confused… Continue Reading
April 3, 2025
Warren Calls for SEC Watchdog Investigation into Whether Agency Actions Were Influenced by Trump Administration’s Crypto Conflicts of Interest
Warren previously requested information from President Trump’s “Crypto Czar” and Acting Chair of the SEC “President Trump, his closest advisors, and his family members all stand to benefit from boosts in the crypto industry.” Text of Letter (PDF) Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs (BHUA) Committee, wrote to the U.S. Securities and Exchange Commission’s (SEC) Office of Inspector General (OIG), Deborah Jef… Continue Reading
April 3, 2025
Warren Lambasts Trump Nominees for Poor Judgment, Questions Their Roles as Trump and Musk Destroy the Agencies They Would Lead
“My litmus test for the panel before us today and any executive branch nominee is: will they enforce the law and uphold our constitution, or will they just simply bend a knee to the orders of co-Presidents Trump and Musk?” Watch markup here Washington, DC - Today, Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, gave remarks ahead of a committee vote on four Trump nominees for critical positions in the executive branch. Below are… Continue Reading
April 3, 2025
Ahead of Committee Vote, Warren Releases Troubling Responses from Trump Nominees
Text of Atkins response (PDF) | Text of Gould response (PDF) | Text of Petit response (PDF) | Text of Molinaro response (PDF) Washington, DC - U.S. Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, released responses from President Donald Trump’s nominees to the Questions for the Record (QFRs) she submitted ahead of their respective confirmation hearings on March 27, 2025. Many of the responses raised more questions than they answere… Continue Reading
April 2, 2025
Warren, Coons Lead Senate Democrats in Pressing Trump Administration’s Inadequate Earthquake Response in Burma
Senators Call for Sanctions Clarity, Stronger U.S. Aid Effort as China and Russia Take the Lead “This is the first test of the United States’s ability to provide humanitarian assistance and disaster relief in the wake of the administration’s foreign assistance review and dismantling of the U.S. Agency for International Development (USAID).” Full letter here (PDF) Washington, DC - Senators Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, a… Continue Reading
April 2, 2025
Warren, Waters Probe SEC on Trump Family’s Crypto Company and Possible Conflicts of Interest
Calls for Transparency as House Financial Services Committee Prepares to Vote on Stablecoin Legislation “The federal government should work for the American public—not for President Trump’s bottom line.” Full letter here (PDF) Washington, DC - Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, and Representative Maxine Waters (D-Calif.), Ranking Member of the House Financial Services Committees, sent a letter to the U.S. Securities… Continue Reading
April 1, 2025
Warren, Waters, and Congressional Democrats Question Treasury Secretary on CTA Enforcement, Warn Bad Actors Will Exploit Financial System
“Have you conducted any analysis of the number of terrorists, human traffickers, drug cartel leaders, foreign adversaries, or other malign actors and facilitators who will be able to abuse the U.S. financial system to hide their illicit activity, absent enforcement of the Corporate Transparency Act?” “Treasury announced earlier this month that it would refuse to enforce the law and would somehow fashion new rules limiting the reporting requirement to foreign entities alone - even though the mai… Continue Reading
April 1, 2025
Warren Secures Congressional Watchdog Investigation into Trump-Musk Cuts to HUD Fair Housing Enforcement
Response from congressional watchdog here (PDF) Washington, DC - In response to a request from lawmakers led by Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, the Governmental Accountability Office (GAO) confirmed that they will investigate the draconian and dangerous cuts to fair housing enforcement at the Department of Housing and Urban Development (HUD) by Elon Musk’s “Department of Government Efficiency” (DOGE). Other signers … Continue Reading
March 28, 2025
Senator Warren Response to Preliminary Injunction Preserving CFPB
Watch video here Washington, DC - Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee released the following video in response to the preliminary injunction preserving the Consumer Financial Protection Bureau (CFPB). Transcript below: Today a court blocked co-Presidents Trump and Musk from shutting down the Consumer Financial Protection Bureau - yay! - and found that those DOGE operatives likely broke the law. Because here’s the thi… Continue Reading
March 28, 2025
Warren, Warner Call for GAO Investigation into DOGE Activities at SEC
Call for investigation follows breaking news today that DOGE is coming aboard SEC Letter here (PDF) Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Committee on Banking, Housing, and Urban Affairs, and Senator Mark Warner (D-VA), Ranking Member of the Subcommittee on Securities, Insurance, and Investment, sent a letter to Government Accountability Office (GAO) Comptroller Gene Dodaro calling for an investigation into recent activities by Elon Musk’s Dep… Continue Reading
March 28, 2025
Senator Warren Statement on February PCE
Washington, DC - Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee released the following statement: “Just last week, Chair Powell said that the Fed expects progress on inflation to stall - or be reversed - thanks to President Trump’s red-light green-light game with tariffs which are giving giant corporations cover to raise prices on consumers. Over the past month, we have seen flashing signs of a weakening economy: Workers expect le… Continue Reading
March 28, 2025
Warren, Wyden, Van Hollen, Colleagues Question Fed and OCC on Serious Risks Posed by Donald Trump Regulating His Own Stablecoin
Trump-backed stablecoin launched as President strips financial regulators of independence and Congress considers stablecoin legislation Senate Banking and Finance Committee Leaders: “In effect, the President of the United States could sign legislation that would facilitate his own product launch and then retain authority to regulate his own financial company.” Read letter here (PDF) Washington, DC - United States Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housi… Continue Reading
March 27, 2025
Warren Grills SEC Nominee on Failed Judgement Before 2008 Crisis: “Simple question, Mr. Atkins. Were you wrong?”
Warren pressed Atkins on failure to commit to disclose buyer of his consulting firm: “you know, some people might call that a pre-bribe” Watch exchange here (YouTube) Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Committee on Banking, Housing, and Urban Affairs, grilled Securities and Exchange Commission (SEC) Chair-Designate Paul Atkins during his nomination hearing on his track record of failed regulatory judgement, including in the lead-up to the 2… Continue Reading
March 27, 2025
Senate Banking Democrats Probe Trump Administration on National Security Impact of Withholding Funding to Keep American Technology Safe from Foreign Adversaries
“BIS already operates on a tight budget, and this funding freeze will undoubtedly impact the essential activities that BIS undertakes to keep our technology safe from foreign adversaries around the globe.” “Through its illegal and reckless decision, OMB is in essence announcing to our adversaries that it is open season on U.S. technology.” Full letter here (PDF) Washington, DC - Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, was… Continue Reading
March 26, 2025
Ranking Member Warren Presses OCC Nominee Gould on Weakening Bank Safeguards, Bank Consolidation, and Conflicts of Interest
“Your record as Chief Counsel at the OCC during the first Trump administration raises concerns that, if confirmed, you may pursue a Wall Street deregulatory agenda, block states from exercising their rights to protect their citizens from predatory practices by national banks, and let large banks off the hook when they violate the law.” “Your current role representing many national banks - which you would oversee as Comptroller - also raises questions about your ability to avoid real or perceiv… Continue Reading
March 26, 2025
Warren and Schiff Call for Watchdog to Investigate Elon Musk and DOGE Officials for Ethics Violations at CFPB
Lawmakers previously requested information from Acting CFPB Director Russell Vought, Treasury Secretary Scott Bessent, and Acting OGE Director Secretary Doug Collins Full letter here (PDF) Washington, DC - Senators Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, and Adam Schiff (D-Calif.), sent a letter to the CFPB Inspector General Mark Bialek calling for an investigation into potential ethics violations by Elon Musk and other officials … Continue Reading
March 26, 2025
Warren Slams Republicans for Moving to Overturn a CFPB Rule Limiting Overdraft Fees That Would Save Americans $5B A Year
Warren shares constituent stories about insidious overdraft fees, highlights how rule combats debanking Video here (YouTube) Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Committee on Banking, Housing, and Urban Affairs, joined fellow Senate Democrats to speak on the floor against the attempt by Senate Republicans to overturn a Consumer Financial Protection Bureau (CFPB) rule that saves hardworking Americans money by limiting bank overdraft fees. Ran… Continue Reading
March 25, 2025
Statement from Senator Warren on Trump Crypto Venture Launch of Stablecoin
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 President Donald Trump’s crypto venture launching a stablecoin: "This venture is Donald Trump's latest grift with major consequences for the stability of our financial system. Congress has a responsibility to put in place guardrails to prevent this scam and our first opportunity to do so is with the so-called “GENIUS … Continue Reading
March 24, 2025
Ranking Member Warren Presses SEC Chair Nominee Paul Atkins on Conflicts of Interest, Record of Regulatory Failures Ahead of Nomination Hearing
“You also have significant potential conflicts of interest through your work on behalf of corporate interests—and a long record of advocating for weaker protections for investors and weaker rules to prevent wrongdoing by giant corporations.” “You have been involved as a regulator or key adviser in historic failures of the financial system, including as an SEC Commissioner in the years before and during the 2008 financial crisis … you have also advocated for weaker SEC rules, including for Chin… Continue Reading
March 21, 2025
Senator Warren and Representative Auchincloss Call on SEC to Explain Legal Loophole for Trump’s Meme Coins
Lawmakers Raise Concerns Over Decision to Exempt Meme Coins from Federal Securities Laws, Ahead of SEC Crypto Task Force Roundtable “It is essential that the Commission issue policy proposals designed to benefit the American public—not the President’s bottom line.” Full letter here (PDF) Washington, DC - Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, and Representative Jake Auchincloss (D-Mass.-04), Member of the House Committe… Continue Reading