April 18, 2024
Today, U.S. Senators Sherrod Brown (D-OH), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, and Jack Reed (D-RI), a senior member of the Senate Banking and Housing Committee, are pushing the nation’s four largest banks to protect consumers from costly and damaging wire fraud. In a letter to the CEOs of JPMorgan Chase, Bank of America, Wells Fargo, and Citi, the Senators press the banks to provide data on wire fraud at their banks and information about their current polici… Continue Reading
April 18, 2024
As too many Americans struggle to afford rent and mortgage payments, and as homelessness rates reach record-high levels, the U.S. Senate Committee on Banking, Housing, and Urban Affairs today held a long-overdue hearing with U.S. Department of Housing and Urban Development (HUD) Acting Secretary Adrianne Todman and Federal Housing Finance Agency (FHFA) Director Sandra L. Thompson. Ranking Member Tim Scott (R-S.C.) has pushed for this hearing for over a year given the housing crisis facing famili… Continue Reading
April 18, 2024
Today, U.S. Senator Sherrod Brown (D-OH), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, delivered the following opening statement at today’s hearing entitled, “Oversight of Federal Housing Regulators.”
Sen. Brown’s remarks, as prepared for delivery follow:
Home is a lot more than four walls and a roof.
Home is where you go after a long day at work. It’s where your kids play and do their homework. It’s where you plan for the future and build wealth. It’s how millions… Continue Reading
April 09, 2024
March 12, 2024
March 07, 2024
