Prioritize workers' pay in bankruptcy by increasing priority claims for unpaid earnings and benefits from $10,000 to $20,000 per worker.

Elizabeth Warren · Massachusetts · Democratic

policy impact 0.72 specificity 0.96 extraction confidence 95%

Commitment kind: action. Promised action: Amend bankruptcy laws to increase worker priority claims for unpaid earnings and benefits from $10,000 to $20,000.. Promised outcome: Workers recover more unpaid wages and benefits in bankruptcy proceedings.. Deadline: unknown; not assumed expired. Reintroduction of the Stop Wall Street Looting Act during Warren's current Senate term.

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Occurrences

Prioritizing workers’ pay in the bankruptcy process and amending the laws to increase the priority claims for unpaid earnings and other benefits from $10,000 to $20,000 per worker.

The proposal would raise workers' bankruptcy priority claims for unpaid earnings and benefits to $20,000.

Following Historic Progress Reining in Private Equity in Housing, Warren, Lawmakers Announce Reintroduction of Comprehensive Stop Wall Street Looting Act | United States Committee on Banking, Housing, and Urban Affairs
primary · press_release · model gpt-5.5

Evidence

unverified · Source version 74254 · locator unknown

"amending the laws to increase the priority claims for unpaid earnings and other benefits from $10,000 to $20,000 per worker."

Unverified model/legacy excerpt; not proof. AI summary (separate from source): Within the lookback window, Warren and colleagues announced reintroduction of a bill containing the specific $10,000-to-$20,000 bankruptcy priority claim proposal, showing renewed effort but not enactment.

unresolved same_term A for effort

Following Historic Progress Reining in Private Equity in Housing, Warren, Lawmakers Announce Reintroduction of Comprehensive Stop Wall Street Looting Act | United States Committee on Banking, Housing, and Urban Affairs
primary · model gpt-5.5 · confidence 98%

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unverified · Source version 86803 · locator unknown

"by striking ``$10,000'' and inserting ``$20,000'';"

Unverified model/legacy excerpt; not proof. AI summary (separate from source): The introduced bill text includes the exact Bankruptcy Code amendment that would raise the wage priority cap to $20,000, but it is introduced bill text rather than enacted law.

unresolved same_term A for effort

H.R. 10595 Introduced in House - Stop Wall Street Looting Act
secondary · model gpt-5.5 · confidence 99%

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unverified · Source version 86783 · locator unknown

"introduced the following bill; which was referred to the Committee on Ways and Means"

Unverified model/legacy excerpt; not proof. AI summary (separate from source): GovInfo’s official bill metadata records the latest action as introduction and referral to House committees, indicating the 2026 proposal remains pending rather than enacted.

unresolved same_term A for effort

H.R. 10595 (IH) - Stop Wall Street Looting Act - BILLS-119hr10595ih | Related Documents | GovInfo
secondary · model gpt-5.5 · confidence 97%

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unverified · Source version 86805 · locator unknown

"paragraph (4) | $15,150 | $17,150."

Unverified model/legacy excerpt; not proof. AI summary (separate from source): The official 2025 bankruptcy dollar adjustment raised the Section 507(a)(4) cap to $17,150, which is partial progress from $10,000 but still below the promised $20,000 level.

partial same_term

2025-02170.pdf
secondary · model gpt-5.5 · confidence 86%

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unverified · Source version 86793 · locator unknown

"introduced the following bill; which was read twice and referred to the Committee on Finance"

Unverified model/legacy excerpt; not proof. AI summary (separate from source): Warren previously introduced a Senate version of the Stop Wall Street Looting Act in the 118th Congress; it was referred to committee, documenting earlier effort without enactment.

unresolved unknown A for effort

S. 5333 (IS) - Stop Wall Street Looting Act - BILLS-118s5333is | Content Details | GovInfo
secondary · model gpt-5.5 · confidence 95%

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