Elizabeth Warren

Now, while most IRBs are affiliated with universities, IRBs that are not associated with any institution, they are known as commercial IRBs, are reviewing a larger share of drug clinical trials.

I have long described Federal support for medical research as one of the best investments that our Nation can make.

I appreciate you raising this because I just want to make sure we get this right.

The GAO reported that private equity backed IRBs, I am going to quote here, 'are beholden to their clients or equity holders.'

For individuals who are experiencing a devastating diagnosis, the promise of a new therapy or a cure provides hope in a profoundly dark time.

I want to say again thank you to Senator Braun for holding this hearing.

According to a recent GAO report, despite representing just two percent of the review boards, these commercial IRBs now review over half of studies involving investigational new drugs.

The GAO found that an emphasis on profits can lead private equity backed IRBs to rubber stamp reviews of drug clinical trials.

So to get the teachers we need, we actually have to pay them something closer to what they are worth.

Congress stepped up and provided the childcare sector with a life raft, $50 billion in funding, during the pandemic.

Under President Biden, the U.S. economy has already added over 13 million jobs, and the unemployment rate has now hit a 50-year low.

Without guardrails and consumer protections, AI could just be a new tool for Wall Street and Silicon Valley to swindle Americans out of their savings.

The lender cannot discriminate and then claim, 'AI made me do it.'

There is no AI exception to our consumer protection laws.

Breaking the law with fancy new tools is still breaking the law.

So to get the teachers we need, we actually have to pay them something closer to what they are worth.

Congress stepped up and provided the childcare sector with a life raft, $50 billion in funding, during the pandemic.

Under President Biden, the U.S. economy has already added over 13 million jobs, and the unemployment rate has now hit a 50-year low.

$50 billion, with a ``B''--in emergency stabilization funding to help childcare providers stay solvent.

The state of our economy is strong; we have more businesses looking for workers than we have workers looking for jobs.

Childcare is basic infrastructure for our economy, just like roads and bridges that we drive on every day to get to work.

In return, we pay them an unlivable wage with few benefits, ask them to risk their mental and physical health in challenging work conditions, and provide them with minimal respect as professionals.

We entrust early care and education professionals with our children. We require them to be well trained, and we relentlessly regulate their every activity with the children in their care.

Without guardrails and consumer protections, AI could just be a new tool for Wall Street and Silicon Valley to swindle Americans out of their savings.

Discrimination is discrimination, regardless of whether it comes from a human or a machine.