Minority Press Releases
Warren: Democrats Are Ready to Ask CFPB Nominee What He Thinks His Job Will Be As Trump and Musk Try to Kill the Agency
Will Press Housing Agency Nominee on Threats of Increased Housing Costs from Privatization “(McKernan) will be squeezed in among four nominees, and we’ll have 75 seconds to ask him what he thinks his job will be if he is confirmed as CFPB Director while Trump and Musk try to kill the agency” Watch hearing here Washington, DC - Today, Senator Elizabeth Warren, Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, gave opening remarks at a Committee hearing on four nominee… Continue Reading
February 27, 2025
Warren, Waters Statement on Scott Turner Terminating Anti-Discrimination Housing Rule
Washington, D.C. - United States 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 Committee released the following statement: “Secretary Turner is abandoning HUD’s legal obligation to eliminate housing discrimination in the United States. At a time when America is experiencing a full-blown housing crisis and record levels of housing discriminat… Continue Reading
February 27, 2025
Warren Seeks FHFA Nominee Bill Pulte’s Deleted Social Media Posts Ahead of Nomination Hearing
Pulte Appears to Have Deleted Over 24,000 Tweets “I am writing to seek your assistance in gathering previously public information about Mr. Pulte that he appears to have deleted and is now hidden from the public.” “To ensure the Committee can perform its duties, I request that you provide all of Mr. Pulte’s social media activity on your platform since he created his account in 2009.” Text of Letter (PDF) Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate… Continue Reading
February 26, 2025
Ahead of Confirmation Hearing, Warren Questions Under Secretary Nominee Kessler on Export Controls, Enforcement, and National Security Concerns
If Confirmed, Kessler Would Enforce Export Controls, Implement Trump Tariffs “There is broad bipartisan support for empowering BIS to achieve its mission. However, for BIS to succeed, it needs to maintain integrity and trust - two qualities that this administration sorely lacks.” “The President has a track record of using power for personal enrichment and empowering individuals with flagrant conflicts of interest. I seek your assurance that, if confirmed, you will reject that approach.” Text… Continue Reading
February 26, 2025
ICYMI: Senate Democrats Investigate Trump-Musk Attack on American Consumers
Watch here (YouTube) Washington, D.C. - Yesterday, U.S. Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, and Senate Democrats investigated the Trump-Musk Attack on American Consumers. They highlighted how President Trump is letting Elon Musk shut down the Consumer Financial Protection Bureau (CFPB) — an agency that has returned more than $21 billion to families scammed by big banks and other financial institutions — and making it ea… Continue Reading
February 26, 2025
Senate Democrats Press HUD Secretary Turner on Threat of Rising Housing Costs from Plan to Reprivatize Fannie Mae and Freddie Mac
Senate Democrats Press HUD Secretary Turner on Threat of Rising Housing Costs from Plan to Reprivatizate Fannie Mae and Freddie Mac Privatization A Giveaway for Hedge Funds, Wealthy Investors; Could Hurt Homebuyers “Reprivatization of Fannie Mae and Freddie Mac threatens to raise the cost of mortgages and rent and make it even harder to access credit for purchasing a home. At a time when so many Americans are struggling with housing costs, we must ask why you are choosing as one of your first … Continue Reading
February 25, 2025
Warren: Trump-Musk Attack on CFPB One of Biggest Cons on the American People in Recent History
“President Trump ran on lowering costs for families on ‘day one.’ But instead of trying to lower costs, he and his co-president Elon Musk are putting an end to the millions of dollars this little agency delivers for working people every day.” Watch forum here (YouTube) Washington, DC - Today, Senator Elizabeth Warren is convening United States Senators for a forum on the “Trump-Musk Attack on American Consumers.” The forum will focus on the consequences of President Trump’s and Elon Musk’s ef… Continue Reading
February 25, 2025
Ahead of Thursday’s Hearing, Warren Presses CFPB Director Nominee McKernan on Plans to Lead the Agency Amidst the Trump-Musk Sabotage
“The agency requires a leader who is serious about lowering costs for working Americans, holding bad actors accountable, and proactively protecting the public from scams, fraud, and abuse.” “CFPB leadership is even more important in light of efforts by President Trump, billionaire Elon Musk, and other members of the Trump Administration to dismantle the agency.” Text of Letter (PDF) Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Committee on Banking, … Continue Reading
February 25, 2025
Ahead of CFPB Forum, Banking Committee Releases New Analysis Revealing Precipitous Drop in Consumer Complaints Processed After Trump-Musk Attack on American Consumers
Banking Committee Members Warren, Kim Demand Answers from Acting CFPB Director Vought “We are deeply concerned about the implications of your efforts to gut the CFPB on our constituents, who rely on the CFPB and its partner agencies to advocate on their behalf.” Consumer Complaints Report (PDF) | Letter from Ranking Member Warren, Senator Kim (PDF) Washington, D.C. - Ahead of a forum today to investigate the Trump-Musk attack on American consumers, the Senate Committee on Banking, Housing, a… Continue Reading
February 24, 2025
Ahead of Confirmation Hearing, Warren Questions FHFA Director Nominee Pulte on Fannie Mae and Freddie Mac Privatization Impacts and Potential Conflicts of Interest
“[The Federal Housing Finance Agency] needs a strong, independent leader who is committed to building a strong, stable housing market and ensuring that Fannie Mae, Freddie Mac, and the FHLBanks are helping to address, not exacerbate, our national housing crisis.” Text of Letter (PDF) Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing and Urban Affairs Committee, wrote to Bill Pulte, nominee for Director of the Federal Housing Finance Agen… Continue Reading
February 24, 2025
Alsobrooks, Warren, Smith Question HUD Secretary on Alarming Consequences of New DOGE Task Force on Housing for Americans
“DOGE’s actions thus far at other agencies have caused widespread chaos, hampered the ability of agencies to do their work, and provided potentially illegal data access to individuals with conflicts of interest. There is no indication that DOGE’s work at HUD will be any less detrimental.” 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, Angela Alsobrooks (D-Md.), and Tina Smith (D-Minn.)… Continue Reading
February 24, 2025
Warren Questions Secretary Lutnick on DOGE Access to Confidential Commerce Data of Musk’s Business Competitors
“The Department is perhaps the largest repository of trade secrets and other forms of sensitive and confidential data on Mr. Musk’s competitors and business partners.” “The Commerce Department is at a fork in the road. The public depends on the Department’s ability to protect business confidential information and use it in the service of the nation, not the interests of one billionaire’s business empire.” Text of Letter (PDF) Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.), Ranking… Continue Reading
February 24, 2025
Ahead of Thursday’s Hearing, Warren Questions CEA Chair Nominee Dr. Stephen Miran on His Economic Policy Positions, Potential Conflicts of Interest
“The Chair must provide objective advice for the present on a range of economic issues to ensure that we expand economic opportunities for the middle class, not just help rich investors get richer” Text of Letter (PDF) Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Committee on Banking, Housing, and Urban Affairs, wrote to Council of Economic Advisors Chair-Designate Dr. Stephen Miran ahead of his nomination hearing this Thursday, pressing him to clari… Continue Reading
February 24, 2025
Ranking Member Warren: Congress Should Oppose Irresponsible Attempts to Unwind Measures that Keep Pressure on Russia to End its War
Washington, D.C. - U.S. Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Committee on Banking, Housing, and Urban Affairs, issued the following statement to mark three years of Russia’s unprovoked and illegal full-scale war against Ukraine: “The United States worked together with a global coalition to provide military support to Ukraine and impose sanctions and export controls to degrade Russia’s war machine - giving us leverage to help secure a just peace for Ukraine. Instead,… Continue Reading
February 20, 2025
Senator Warren Statement on Securing Watchdog Probe into Impacts of FDIC’s Rescinding of More than 200 Bank Examiner Job Offers
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 the FDIC Inspector General’s response to her questions on reports that Acting Chairman, Travis Hill, is rescinding more than 200 job offers to bank examiners. “I’m pleased that the FDIC Inspector General will review the threats to the stability of the banking system caused by the Trump Administration’s recent buyout… Continue Reading
February 19, 2025
Warren and Schiff Demand Removal of Musk’s Operatives from CFPB, Citing X and Tesla Conflicts of Interest
“Americans deserve a CFPB that will continue to stand up against corporate greed—not an agency shut down by officials looking out for themselves,” “Mr. Musk is … neutralizing the pro-consumer agency that will supervise X’s digital wallet… potentially gaining access to confidential corporate data that could provide X with an unfair advantage.” “The CFPB plays a critical role in supervising the auto lending industry and protecting consumers from corporate malfeasance and scams. Therefore, actio… Continue Reading
February 18, 2025
Warren, Murray, Gillibrand, Smith, and Schumer Demand Trump & Musk Halt Cuts to HUD Workforce, Warn that Cuts Could Jeopardize Seniors, Homeless Veterans, and HUD’s Capacity to Address the Nation’s Housing Crisis
“We are deeply alarmed and troubled by reports that you terminated hundreds of probationary employees on Friday and are planning to cut the U.S. Department of Housing and Urban Development’s (HUD’s) workforce by 50 percent or nearly 4,300 staff.” “[A]t the start of your tenure as Secretary, HUD’s staffing capacity was near its 2012 levels with a dedicated workforce ready to advance HUD’s mission. So much of that hard-fought progress has been wiped away in less than three weeks…” Text of … Continue Reading
February 14, 2025
Warren, Wyden Secure Independent Treasury and Congressional Watchdog Investigations into DOGE’s Unprecedented Access to the Federal Government's Payment Systems
Response from Congressional Watchdog (PDF) | Response from Treasury IG (PDF) Washington, D.C. - In response to a request from lawmakers led by U.S. Senators Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing and Urban Affairs Committee, and Ron Wyden (D-Ore.), Ranking Member of the Senate Finance Committee, the Treasury Inspector General and the Governmental Accountability Office (GAO) confirmed that they will investigate Secretary of the Treasury Scott Bessent’s reported… Continue Reading
February 14, 2025
Elizabeth Warren, Rick Scott Warn of “Culture of Corruption” at the Fed, Call for Stronger Ethics Enforcement
“We write regarding what appears to be your ongoing refusal to hold Federal Reserve (Fed) officials accountable for violations of the Fed’s Investment and Trading Policy and the Financial Disclosure Rules.” 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 Senator Rick Scott (R-Fla.), sent a letter to Federal Reserve (Fed) Chair Jerome Powell, expressing deep concerns regarding the… Continue Reading
February 14, 2025
Warren, Wyden Secure Independent Treasury and Congressional Watchdog Investigations into DOGE’s Unprecedented Access to the Federal Government's Payment Systems
Response from Congressional Watchdog (PDF) | Response from Treasury IG (PDF) Washington, D.C. - In response to a request from lawmakers led by U.S. Senators Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing and Urban Affairs Committee, and Ron Wyden (D-Ore.), Ranking Member of the Senate Finance Committee, the Treasury Inspector General and the Governmental Accountability Office (GAO) confirmed that they will investigate Secretary of the Treasury Scott Bessent’s reported… Continue Reading