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Elizabeth Warren
@elizabethwarren· Democratic · MA· Mar 15, 2023

But caving into Republican demands for massive cuts would be no less disastrous: austerity would trigger a year-long recession and put 2.6 million people out of work.

congress.gov
Elizabeth Warren
@elizabethwarren· Democratic · MA· Mar 15, 2023

In 2018 though, Trump's bank deregulation law and the door it opened for Fed Chair Powell to further hack away at the rules created an exception to annual Fed-administered stress tests, letting banks from $50 billion to $250 billion…

congress.gov
Elizabeth Warren
@elizabethwarren· Democratic · MA· Mar 15, 2023

The bridges are vital assets for the Cape Cod economy but they are in desperate need of replacement.

congress.gov
Elizabeth Warren
@elizabethwarren· Democratic · MA· Mar 15, 2023

It would also diminish gross domestic product (GDP) by almost 3 percent over the next decade, the equivalent of putting the entire U.S. economy on pause for a full year.

congress.gov
Elizabeth Warren
@elizabethwarren· Democratic · MA· Mar 15, 2023

Certainly, default would be catastrophic: according to a recent analysis, even a days-long debt ceiling breach would trigger a recession and cost nearly 1 million Americans their jobs.

congress.gov
Ed Markey
@edmarkey· Democratic · MA· Mar 15, 2023

And that is why I am working on legislation to create and support aviation programs at minority serving institutions and at institutions focused on increasing racial and gender representation in this area.

congress.gov
Elizabeth Warren
@elizabethwarren· Democratic · MA· Mar 15, 2023

These bank failures were the direct result of policymakers' decisions over the last 5 years, beginning with a 2018 law signed by President Trump.

congress.gov
Ed Markey
@edmarkey· Democratic · MA· Mar 14, 2023

Water, water, everywhere, but not a drop to drink.

congress.gov
Ed Markey
@edmarkey· Democratic · MA· Mar 14, 2023

So only $30 million was appropriated last year for small and disadvantaged communities, even though $60 million was authorized in the Bipartisan Law.

congress.gov
Ed Markey
@edmarkey· Democratic · MA· Mar 14, 2023

Thanks to the leadership of our Chair and our bipartisan work with the Administration, this funding and other resources are getting out the door and into our pipes.

congress.gov
Elizabeth Warren
@elizabethwarren· Democratic · MA· Mar 14, 2023

on Friday, we experienced the second largest bank failure in our Nation's history. And make no mistake, this failure was the direct result of leaders in Washington weakening financial rules. In the aftermath of the 2008 financial crisis…

govinfo.gov
Ed Markey
@edmarkey· Democratic · MA· Mar 14, 2023

Last week, I introduced the Water System Threat Preparedness and Resilience Act, which would provide funding for clean water and wastewater utilities to become members of Water ISAC.

congress.gov
Ed Markey
@edmarkey· Democratic · MA· Mar 14, 2023

In 2021, a malicious actor hacked into a water treatment facility in Florida and increased the level of lye, an ingredient used in soap and fertilizer in the water, by over 11,000 percent. Fortunately, an operator noticed the intrusion…

congress.gov
Ed Markey
@edmarkey· Democratic · MA· Mar 14, 2023

So we don't need small water systems left out, because they serve populations that could have the same kind of catastrophic circumstances.

congress.gov
Elizabeth Warren
@elizabethwarren· Democratic · MA· Mar 10, 2023

As President Trump’s nominee for SSA Commissioner, you will be responsible if the Trump Administration’s attacks on the program result in failures or delays in getting Americans their Social Security checks — in other words, a backdoor cut…

nbcnews.com
Elizabeth Warren
@elizabethwarren· Democratic · MA· Mar 10, 2023

The net result could be a disaster: more overpayments and waste in the system, at the same time that Americans who have earned their Social Security benefits are unable to receive them.

nbcnews.com
Elizabeth Warren
@elizabethwarren· Democratic · MA· Mar 10, 2023

If the agency seeks to reduce its staff further, the results will be devastating.

nbcnews.com