WHITEHOUSE, WARREN, REED, SANDERS & MERKLEY INTRODUCE BILL TO PROTECT CONSUMERS FROM ABUSIVE LENDING

Senators’ legislation would allow states to cap credit card interest rates for their residents Washington, DC – Today, Senators Sheldon Whitehouse (D-RI), Elizabeth Warren (D-MA), Jack Reed (D-RI), Bernie Sanders (I-VT), and Jeff Merkley (D-OR) introduced the Empowering States’ Rights to Protect Consumers Act (S. 3321), which would protect consumers by restoring the ability of states to limit credit card and other consumer loan interest rates for their residents. “When Wall Street banks and their credit card subsidiaries take advantage of consumers through astronomically high interest rates, states should be able to act,” said Whitehouse. “This bill will restore to…
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REED, WHITEHOUSE RAISE CONCERNS ABOUT MYLAN’S EPIPEN PRICE HIKE AND EXPANDED PATIENT ASSISTANCE PROGRAM

Patient Assistance Program Allows Company to Increase Drug Prices While Passing Costs onto Insurance Companies and Consumers WASHINGTON, DC — In a letter sent today to the CEO of pharmaceutical company Mylan, Senators Jack Reed and Sheldon Whitehouse, along with 18 of their Senate colleagues, expressed their serious concerns about the company’s significant price hikes for the life-saving EpiPen Auto-Injector. The Senators raised questions about Mylan’s decision to expand its patient assistance program, which allows the company to sharply increase prices while passing the cost of these increases onto insurance companies and ultimately to consumers, and to introduce an authorized…
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Reed, Whitehouse to Host Military Service Academy Day on Saturday, April 30, 2016

WARWICK, RI - On Saturday, April 30, Senators Jack Reed and Sheldon Whitehouse will host a Military Service Academy Day for high school students from schools across the state. The event will run from 9:00 to 12:00 noon at the Community College of Rhode Island (CCRI) in Warwick. This informational seminar is open to all high school students and their parents who are interested in learning about the requirements and procedures for seeking a Congressional nomination and obtaining an appointment to one of the United States Service Academies. However, the program is specifically geared for students currently enrolled in their…
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Reed, Collins Issue Bipartisan Call to Strengthen Lead Exposure Standard in Public Housing

WASHINGTON, DC - In an effort to prevent lead poisoning in the nation's public and assisted housing, Senators Jack Reed (D-RI) and Susan Collins (R-ME) today called on the Department of Housing and Urban Development (HUD) to update the blood lead level standard in public and assisted households with children. The Senators encouraged HUD to match the agency's standards for acceptable blood lead levels with the latest standards advised by public health officials. In 2012, the Centers for Disease Control and Prevention (CDC) lowered its blood lead threshold for children from 10 to 5 micrograms of lead per deciliter of…
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Education

As New Report Shows RI Students Left $6.77 Million in Federal Pell Grants Unused Last Year, Reed, Magaziner, & Financial Aid Experts Urge College-Bound Students to Fill Out FAFSA Many Rhode Island schools have March 1st FAFSA deadline

WARWICK, RI – Prospective college students in Rhode Island left $6,772,300 in federal Pell Grant money unclaimed in the 2014-15 academic year, according to a recent study released by the personal finance website Nerd Wallet. And Senator Jack Reed, General Treasurer Seth Magaziner, and state financial aid experts from the Rhode Island Student Loan Authority (RISLA) today hosted an event at the College Planning Center of Rhode Island at the Warwick Mall to encourage all students who plan to head to college in the fall of 2016 to apply for financial aid this year by filling out the Free Application…
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Education

Reed, National Park Service, & Stakeholders Meet to Map Out Next Steps in Creation of Blackstone Valley National Historical Park

PAWTUCKET, RI – After years of hard work to establish a new national historical park in the Blackstone River Valley, Senator Jack Reed’s (D-RI) Blackstone River Valley National Historical Park Establishment Act was signed into law last month. Senator Reed says the bill signing was a significant milestone, but more work remains. Today, Senator Reed and National Park Service officials gathered at the Blackstone Valley Visitor Center, across the street from Slater Mill, to convene a meeting with state officials, community representatives, and interested stakeholders to begin laying the groundwork for determining the scope of the park’s boundaries and developing…
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Featured

Reed, Health, & Water Infrastructure Officials Taking Steps to Protect RIers & Prevent Drinking Water Problems Like Those in Flint, Michigan

PROVIDENCE, RI -- In an effort to ensure that tap water in Rhode Island remains clean and safe to drink, Senator Jack Reed today met with local, state, and federal officials at the Rhode Island Infrastructure Bank to ensure water problems like those in Flint, Michigan don’t spout up in Rhode Island. “Investing in clean water infrastructure must be a priority and the federal government needs to be a reliable partner when it comes to maintaining healthy, safe water in our communities. I am proud to have secured federal funding to help modernize our water infrastructure, reduce pollution, and protect…
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