Wednesday - November 27, 2024
U.S. Congressional Tipoffs Involving Massachusetts Newsletter for Saturday August 10, 2024 ( 8 items )  

Markey, Warren Push Apollo Global Management on Role in Steward Health Care's Demise, Call on the Company to Provide Relief from Onerous Leases
WASHINGTON, Aug. 8 -- Sen. Edward J. Markey, D-Massachusetts, issued the following news release: Apollo is Now "Sole Negotiator" Controlling the Fate of Steward Hospital Properties Text of Letter (PDF) Senators Edward J. Markey (D-Mass.) and Elizabeth Warren (D-Mass.) requested information from private equity firm Apollo Global Management (Apollo) on the company's role in Steward Health Care's (Steward's) bankruptcy, and urged Apollo to work in good faith to facilitate the sale of Steward's M  more

Pressley, Warren, Dean, Colleagues Urge Navient to Reform Flawed Process to Cancel Student Loans Pushed onto Borrowers Attending Fraudulent, For-Profit Colleges
WASHINGTON, Aug. 9 -- Rep. Ayanna Pressley, D-Massachusetts, issued the following news: "Navient should cancel all of the fraudulent debts for borrowers who have been harmed by this misconduct." Lawmakers: "[It's] disgraceful that you appear to be evading your responsibility to cancel them." Text of Letter (PDF) BOSTON Today, Congresswoman Ayanna Pressley (MA-07) joined Senator Elizabeth Warren (D-MA), Representative Madeleine Dean (PA-04), and over 30 lawmakers on a letter urging student lo  more

Senator Markey, Rep. Grijalva Urge Biden Administration to Better Consider Health, Environmental, and Climate Impacts in Deepwater Oil Export Project Approvals
WASHINGTON, Aug. 9 -- Sen. Edward J. Markey, D-Massachusetts, issued the following news release: Letter Text (PDF) Washington (August 9, 2024) Senator Edward J. Markey (D-Mass.), chair of the Senate Environment and Public Works Clean Air, Climate, and Nuclear Safety Subcommittee, and Congressman Raul M. Grijalva (AZ-07), Ranking Member of the House Natural Resources Committee, today led a letter with twenty other colleagues in the Senate and House of Representatives to Rear Admiral (Ret.) Ann   more

Senators Warren, King, and Representative Doggett Urge Commerce, HHS to Strengthen and Finalize Guidance on "March-In" Rights to Protect Consumers From High Drug Prices
WASHINGTON, Aug. 9 -- Sen. Elizabeth Warren, D-Massachusetts, issued the following news release: Senators Elizabeth Warren (D-Mass.) and Angus King (I-Maine), and Representative Lloyd Doggett (D-Texas) wrote to Department of Health and Human Services (HHS) Secretary Xavier Becerra and Department of Commerce (Commerce) Secretary Gina Raimondo reiterating their agencies' clear legal authority to use "march-in" rights under the Bayh-Dole Act to lower drug prices for Americans. Following the Suprem  more

Warren Slams Elon Musk for "Glaring Conflict of Interest," Misappropriation of Company Resources in Redirecting Critical AI Chips from Tesla to X, Urges Accountability from Tesla Board
WASHINGTON, Aug. 9 -- Sen. Elizabeth Warren, D-Massachusetts, issued the following news release: Boston, MA U.S. Senator Elizabeth Warren (D-Mass.) wrote to Tesla's Board of Directors regarding her concerns over CEO Elon Musk's continued conflicts of interest and misappropriation of company resources, and the Board's failure to hold him accountable. The letter follows a June 2024 report that Mr. Musk redirected scarce artificial intelligence (AI)-related resources from the publicly-traded Tesla  more

Warren, Markey Push DHS to Tackle Abysmal Plymouth County Correctional Facility Conditions
WASHINGTON, Aug. 9 -- Sen. Elizabeth Warren, D-Massachusetts, issued the following news release: Senators Elizabeth Warren (D-Mass.) and Ed Markey (D-Mass.) wrote to the Department of Homeland Security (DHS) and U.S. Immigration and Customs Enforcement (ICE) urging them to resolve the persistent, horrific conditions at the Plymouth County Correctional Facility (PCCF) in Plymouth, Massachusetts if the DHS contract with the facility is renewed. During the Biden Administration, ICE terminated it  more

Warren, Senators Launch Investigation Into Reported Mishandling of Student Loan Transfers by MOHELA, Nelnet and Credit Reporting Agencies
WASHINGTON, Aug. 9 -- Sen. Elizabeth Warren, D-Massachusetts, issued the following news release: Today, U.S. Senators Elizabeth Warren (D-Mass.), Jeff Merkley (D-Ore.), Ron Wyden (D-Ore.), and Richard Blumenthal (D-Conn.) sent letters to student loan servicers Higher Education Loan Authority of the State of Missouri (MOHELA) and NelNet and credit reporting agencies Experian, Equifax, and TransUnion regarding the botched transfer of student loans from MOHELA to NelNet, causing at least 1.4 milli  more

Warren, Van Hollen Slam JPMorgan Chase for Threatening Customers with "Outrageous" New Checking Fees
WASHINGTON, Aug. 9 -- Sen. Elizabeth Warren, D-Massachusetts, issued the following news release: Senators Elizabeth Warren (D-Mass.) and Chris Van Hollen (D-Md.) wrote to JPMorgan Chase (JPM), criticizing the bank's threat to begin charging over 80 million customers for checking accounts amid record profits, and demanded the bank scrap those plans. JPM's threat came in response to the Consumer Financial Protection Bureau's (CFPB's) rule to cap overdraft fees and prevent banks from charging exc  more