Saturday - November 23, 2024
U.S. Congressional Tipoffs Involving Massachusetts Newsletter for Tuesday November 05, 2024 ( 3 items )  

Warren, Hickenlooper Call on Fed to Deliver Bigger Rate Cut to Protect the Economy and Provide Relief for American Families
WASHINGTON, Nov. 4 -- Sen. Elizabeth Warren, D-Massachusetts, issued the following news release: Ahead of the Federal Reserve's (Fed; the Board) November Federal Open Market Committee meeting, U.S. Senator Elizabeth Warren (D-Mass.) and John Hickenlooper (D-Colo.) urged Fed to deliver a 50 basis point (.50%; each basis point is one hundredth of a percent) cut to the federal funds rate. After months of calling on the Fed to cut the federal funds rate, the Board finally lowered it by 50 basis   more

Warren, Schiff, Lawmakers Call for Probe of Albertsons and Other Giant Grocery Chains for False Advertising
WASHINGTON, Nov. 4 -- Sen. Elizabeth Warren, D-Massachusetts, issued the following news release: Today, U.S. Senator Elizabeth Warren (D-Mass.) and Congressman Adam Schiff (D-Calif.) led their colleagues in writing to Chair of the Federal Trade Commission (FTC), Lina Khan, and Secretary of the Department of Agriculture, Thomas Vilsack, urging them to investigate Albertsons and other major grocery chains for predatory practices that could have violated federal laws. In October 2024, California   more

Warren, Senators Blast MOHELA for Abusing Borrowers with Potentially Illegal, Exploitative Terms of Use
WASHINGTON, Nov. 4 -- Sen. Elizabeth Warren, D-Massachusetts, issued the following news release: Senators Elizabeth Warren (D-Mass.), Richard Blumenthal (D-Conn.), Chris Van Hollen (D-Md.), and Tammy Duckworth (D-Ill.) wrote to the Executive Director and CEO of Higher Education Loan Authority of the State of Missouri (MOHELA), laying into the company for locking over eight million student loan borrowers into an abusive "terms of use" agreement that attempts to restrict their legal rights and a  more