In opening remarks ahead of committee votes, ranking member Elizabeth Warren supported reauthorization of the Terrorism Risk Insurance Act program, citing broad bipartisan backing and its continued role in protecting real estate and commercial development from terrorism risks. She also called for future reforms addressing cyber risks, terrorism involving nuclear or biological weapons, and taxpayer protections. Warren said she would oppose President Donald Trump’s four nominees under consideration. She focused particularly on Consumer Financial Protection Bureau director nominee Brian Johnson, arguing that his Capital One role creates concerns because the bureau would regulate the company, and criticized the administration’s reduction of consumer protection enforcement. She also opposed Abby Warren for Commerce assistant secretary for export administration and the Department of Housing and Urban Development nominees Jeffrey Ledbetter for inspector general and Irving Dennis for chief financial officer.
2026-09-17U.S. Senate Committee on Banking, Housing and Urban Affairs
U.S. Senate Committee on Banking, Housing and Urban Affairs ranking member backs TRIA reauthorization and opposes four nominees
U.S. Senate Banking Committee ranking member Elizabeth Warren backed reauthorization of the Terrorism Risk Insurance Act program while calling for future reforms covering cyber, nuclear and biological risks and taxpayer protections. She said she would oppose all four Trump administration nominees before the committee, including Consumer Financial Protection Bureau director nominee Brian Johnson.