Press Releases
Webb, Warner Announce $44.2 Million for Affordable Rental Housing Construction in VA
~ Funding will create jobs in the hard-hit construction industry ~
Jul 28 2009
WASHINGTON – U.S. Senators Jim Webb and Mark R. Warner today announced that the U.S. Department of Housing and Urban Development (HUD) has approved $44.2 million to jumpstart affordable rental housing programs in Virginia.
Warner, Corker Introduce Bipartisan Bill to Maximize Taxpayer Returns of TARP Investments
~ Bill creates private market trust for TARP investments, sets end-date for gov’t ownership ~
Jun 22 2009
WASHINGTON, D.C. – U.S. Senator Mark R. Warner (D-VA) spoke on the Senate floor today about bipartisan legislation he has introduced with Senator Bob Corker (R-TN) that will maximize returns of taxpayer investments into TARP(Troubled Asset Relief Program)assisted institutions. The bill provides for a responsible exitstrategy from government ownership of TARP-recipient companies, such as AIG, Citigroup, and General Motors.
Warner Joins Colleagues in Demanding Repayment of AIG Bonuses
~ Criticizes bonuses as "unconscionable" and "morally unacceptable" ~
Mar 17 2009
U.S. Senator Mark R. Warner today joined his colleagues in demanding that AIG Chairman and CEO Edward Liddy renegotiate contracts that include $165 million in taxpayer-financed bonuses to employees who were in part responsible for the insurance giant’s near collapse.
