U.S. Senator Tim Scott of South Carolina issued a statement regarding Michael Barr's decision to resign from his role as the Federal Reserve Board Vice Chair for Supervision.
Today, U.S. Senator Tim Scott from South Carolina announced that he will make history as the first Black chairman of a Senate standing committee when he takes on the leadership role of the U.S. Senate Committee on Banking, Housing, and Urban...
Ranking Member Tim Scott and House Financial Services Committee Vice Chair French Hill have expressed concerns over a cybersecurity breach at the U.S. Department of Treasury, allegedly sponsored by China.
U.S. Senator Sherrod Brown, Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, along with several other senators, has called on the Federal Housing Finance Agency (FHFA) to implement a clear process for renters and local...
U.S. Senator Sherrod Brown has reached out to FEMA Administrator Deanne Criswell seeking detailed information about the National Flood Insurance Program's (NFIP) funding and resource requirements.
Today, U.S. Senator Sherrod Brown of Ohio expressed his condolences to the family of former Senator Tim Johnson following his passing. Johnson, who represented South Dakota, served as Chair of the Senate Banking, Housing and Urban Affairs Committee during part of Brown's tenure on the committee from 2007 to 2015.
WASHINGTON, D.C. – U.S. Senator Sherrod Brown (D-OH), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, delivered an opening statement at a hearing titled “Protecting Americans’ Money: Combatting Scams and Frauds Against Seniors and Savers.”
U.S. Senator Sherrod Brown (D-OH), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, along with Senators Chris Van Hollen (D-MD), Elizabeth Warren (D-MA), Tina Smith (D-MN), and John Fetterman (D-PA) have urged Federal Reserve Chair Jerome Powell to finalize a proposed rule expanding the Fed’s settlement services' operating hours to weekends and holidays. They also called for additional steps to enable 24/7/365 access.
U.S. Senator Sherrod Brown (D-OH), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, issued a statement today regarding Huntington Bank’s decision to reopen its Buckeye-Shaker branch in Cleveland.
U.S. Senator Sherrod Brown (D-OH), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, has called for a review of the home insurance market due to instability and rising premiums affecting many Americans. In letters addressed to Federal Insurance Office Director Steven Seitz and Comptroller General of the United States Gene Dodaro, Brown highlighted concerns over increasing home insurance rates, shrinking coverage, and unexpected non-renewals.
WASHINGTON, D.C. – U.S. Senator Sherrod Brown (D-OH), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, delivered an opening statement at a hearing titled “Long-Term Economic Benefits and Impacts from Federal Infrastructure and Public Transportation Investment.”
WASHINGTON, D.C. – U.S. Senator Sherrod Brown (D-OH), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, has urged federal banking regulators to thoroughly evaluate all aspects of the proposed merger between Capital One and Discover. In a letter to Federal Reserve Vice Chair for Supervision Michael Barr and Acting Comptroller Michael Hsu, Brown emphasized that this transaction should prioritize families, households, and businesses deserving of a fair financial system. He called on regulators to investigate how the merging banks plan to lower costs for...
On July 25, 2024, U.S. Senator Sherrod Brown (D-OH), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, delivered an opening statement at a hearing titled “Advancing National Security through Export Controls, Investment Security, and the Defense Production.”
U.S. Senator Sherrod Brown (D-OH), Chairman of the Banking, Housing, and Urban Affairs Committee, introduced legislation aimed at increasing competition in the housing market. The proposed Housing Acquisitions Review and Transparency (HART) Act mandates that corporations and private equity firms report significant residential property transactions to antitrust enforcers. This measure is intended to prevent anticompetitive practices that could lead to higher housing costs, reduced services, and exclusion of homebuyers from the market.
WASHINGTON, D.C. – U.S. Senators Sherrod Brown (D-OH) and Mike Braun (R-IN) announced the Senate's passage of their bipartisan legislation aimed at informing veteran homebuyers about their eligibility for the VA Home Loan Program. This initiative seeks to increase homeownership among veterans.
WASHINGTON, D.C. – U.S. Senator Sherrod Brown (D-OH), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, delivered an opening statement at a nominations hearing for several key financial regulatory positions.