Minority Press Releases

June 4, 2015

Sen. Brown Opening Statement at Banking Committee's Hearing on Oversight of Export-Import Bank

WASHINGTON, D.C. - U.S. Sen. Sherrod Brown (D-OH) - ranking member of the U.S. Senate Committee on Banking, Housing, and Urban Affairs - released the following opening statement, as prepared for delivery, at today's hearing entitled "Oversight of the Export-Import Bank of the United States." Brown's remarks, as prepared for delivery, follow. Senator Sherrod Brown - Opening Statement Hearing: "Oversight of the Export-Import Bank of the United States" June 4, 2015 Thank you, Mr. Chairman, fo… Continue Reading


June 3, 2015

Committee Democrats Announce Unanimous Support for Measure to Aid Main Street Banks, Protect Consumers

WASHINGTON, D.C. - Leading Democrats on the Senate Banking and House Financial Services Committees today announced the broad support of Democratic Members for legislation to provide targeted relief to small financial institutions and protect consumers. The measure, which was introduced in both the House of Representatives and the United States Senate, has the unanimous support of Democratic Members of the respective committees. Entitled the "Community Lender Regulatory Relief and Consumer Prote… Continue Reading


June 2, 2015

Sen. Brown Opening Statement at Banking Committee's Hearing on Export-Import Bank

WASHINGTON, D.C. - U.S. Sen. Sherrod Brown (D-OH) - ranking member of the U.S. Senate Committee on Banking, Housing, and Urban Affairs - released the following opening statement, as prepared for delivery, at today's hearing entitled "Perspectives on the Export-Import Bank of the United States." Brown's remarks, as prepared for delivery, follow. Senator Sherrod Brown - Opening Statement Hearing: "Perspectives on the Export-Import Bank of the United States" June 2, 2015 Thank you, Mr. Chairm… Continue Reading


May 21, 2015

Brown Urges Action to Protect Consumers' Rights in Disputes with Financial Services Providers

WASHINGTON, D.C. - U.S. Sen. Sherrod Brown (D-OH) -- ranking member of the U.S. Senate Committee on Banking, Housing, and Urban Affairs -- today urged the nation's top consumer agency to protect consumers' right to seek legal relief in disputes with financial services companies. Brown joined more than 50 members of Congress in calling on the Consumer Financial Protection Bureau (CFPB) to eliminate the use of mandatory arbitration clauses that are often buried in the fine print of checking accou… Continue Reading


May 21, 2015

Brown, Committee Democrats Oppose Sweeping Banking Overhaul That Rolls Back Wall Street Reform

WASHINGTON, D.C. - U.S. Sen. Sherrod Brown (D-OH) - ranking member of the U.S. Senate Committee on Banking, Housing, and Urban Affairs - today voted against a broad financial services deregulation package during a Banking Committee markup. The legislation, which the committee approved on a party-line vote, would undermine sensible consumer protections and rules for large banks and nonbanks under the guise of helping Main Street financial institutions. "There is strong bipartisan consensus to he… Continue Reading


May 21, 2015

Sen. Brown Opening Statement at Markup of Sweeping Financial Services Overhaul

WASHINGTON, D.C. - U.S. Sen. Sherrod Brown (D-OH) - ranking member of the U.S. Senate Committee on Banking, Housing, and Urban Affairs - released the following opening statement, as prepared for delivery, at today's markup of legislation entitled "The Financial Regulatory Improvement Act of 2015." Brown's remarks, as prepared for delivery, follow. Sen. Sherrod Brown - Opening Statement Markup of "The Financial Regulatory Improvement Act of 2015" May 21, 2015 Thank you, Senator Shelb… Continue Reading


May 21, 2015

ICYMI: Consumer Advocacy Groups Oppose "The Financial Regulatory Improvement Act of 2015"

AFL-CIO: "The 2008 financial crisis nearly brought down the world's financial system. Domestically, the crisis resulted in the loss of homes, jobs, and retirement savings for millions of Americans, including thousands of our members. Working people suffered the consequences of Wall Street greed and, in 2010, many in Congress worked to pass Dodd-Frank to prevent another crisis from doing the same. The AFL-CIO then and now strongly supports Dodd-Frank, and we have consistently spoken out in opposi… Continue Reading


May 19, 2015

Banking Committee Democrats Introduce Plan to Help Main Street Banks and Protect Consumers

WASHINGTON, D.C. - Democrats on the U.S. Senate Committee on Banking, Housing, and Urban Affairs today unveiled a proposal to provide targeted regulatory relief for America's smallest financial institutions, while strengthening consumer protections. All 10 of the committee's Democrats support the plan, which they will offer as an alternative when the committee considers "The Financial Regulatory Improvement Act of 2015." "The Banking Committee's hearings this year have demonstrated that Democra… Continue Reading


April 28, 2015

Sen. Brown Opening Statement at Banking Committee's Hearing on Insurance Regulation

WASHINGTON, D.C. - U.S. Sen. Sherrod Brown (D-OH) - ranking member of the U.S. Senate Committee on Banking, Housing, and Urban Affairs - released the following opening statement, as prepared for delivery, at today's hearing entitled "The State of the Insurance Industry and Insurance Regulation." Brown's remarks, as prepared for delivery, follow. Senator Sherrod Brown - Opening Statement Hearing: "The State of the Insurance Industry and Insurance Regulation." April 28, 2015 Thank you… Continue Reading


April 23, 2015

Sen. Brown Opening Statement at Banking Committee’s Hearing on Surface Transportation Reauthorization

WASHINGTON, D.C. - U.S. Sen. Sherrod Brown (D-OH) - ranking member of the U.S. Senate Committee on Banking, Housing, and Urban Affairs - released the following opening statement, as prepared for delivery, at today's hearing entitled "Surface Transportation Reauthorization: Building on the Successes of MAP-21 to Deliver Safe, Efficient, and Effective Public Transportation Services and Projects." Brown's remarks, as prepared for delivery, follow. Senator Sherrod Brown - Opening Statement Hearin… Continue Reading


April 21, 2015

Sen. Brown Opening Statement at Banking Committee’s Hearing on Surface Transportation Reauthorization

WASHINGTON, D.C. - U.S. Sen. Sherrod Brown (D-OH) - ranking member of the U.S. Senate Committee on Banking, Housing, and Urban Affairs - released the following opening statement, as prepared for delivery, at today's hearing entitled "Surface Transportation Reauthorization: Building on the Successes of MAP-21 to Deliver Safe, Efficient, and Effective Public Transportation Services and Projects." Brown's remarks, as prepared for delivery, follow. Senator Sherrod Brown - Opening Statement: "Surf… Continue Reading


April 16, 2015

Sen. Brown Opening Statement at Banking Committee’s Hearing on Mortgage Credit Availability

WASHINGTON, D.C. - U.S. Sen. Sherrod Brown (D-OH) - ranking member of the U.S. Senate Committee on Banking, Housing, and Urban Affairs - released the following opening statement, as prepared for delivery, at today's hearing on mortgage credit availability. Brown's remarks, as prepared for delivery, follow. Senator Sherrod Brown - Opening Statement: Hearing on Mortgage Credit Availability April 16, 2015 Thank you, Chairman Shelby, and thank you to our witnesses for being here today. … Continue Reading


March 3, 2015

Sen. Brown Opening Statement at Banking Committee’s Hearing on Fed Reform and Accountability

WASHINGTON, D.C. - U.S. Sen. Sherrod Brown (D-OH) - ranking member of the U.S. Senate Committee on Banking, Housing, and Urban Affairs - released the following opening statement, as prepared for delivery, at today's hearing entitled, "Federal Reserve Accountability and Reform." Brown's remarks, as prepared for delivery, follow. Senator Sherrod Brown - Opening Statement Hearing: "Federal Reserve Accountability and Reform" March 3, 2015 Thank you, Mr. Chairman. The Federal Re… Continue Reading


February 24, 2015

Sen. Brown Opening Statement at Banking Committee’s Hearing on Semiannual Monetary Policy Report

WASHINGTON, D.C. - U.S. Sen. Sherrod Brown (D-OH) - ranking member of the U.S. Senate Committee on Banking, Housing, and Urban Affairs - released the following opening statement, as prepared for delivery, at today's hearing titled, "The Semiannual Monetary Policy Report to the Congress." Brown's remarks, as prepared for delivery, follow. Senator Sherrod Brown - Opening Statement: Hearing on "The Semiannual Monetary Policy Report to the Congress" February 24, 2015 Thank you Mr. Chai… Continue Reading


February 12, 2015

Sen. Brown Opening Statement at Banking Committee’s Hearing on Regulatory Relief For Community Banks And Credit Unions

WASHINGTON, D.C. - U.S. Sen. Sherrod Brown (D-OH) - ranking member of the U.S. Senate Committee on Banking, Housing, and Urban Affairs - released the following opening statement, as prepared for delivery, at today's hearing entitled "Regulatory Relief for Community Banks and Credit Unions." Brown's remarks, as prepared for delivery, follow. Senator Sherrod Brown - Opening Statement: Hearing on "Regulatory Relief for Community Banks and Credit Unions" February 12, 2015 Thank you M… Continue Reading


February 10, 2015

Sen. Brown Opening Statement at Banking Committee’s Hearing on Regulatory Relief for Community Banks and Credit Unions

WASHINGTON, D.C. - U.S. Sen. Sherrod Brown (D-OH) - Ranking Member of the U.S. Senate Committee on Banking, Housing, and Urban Affairs - released the following opening statement, as prepared for delivery, at today's hearing entitled "Regulatory Relief for Community Banks and Credit Unions." Brown's remarks, as prepared for delivery, follow. Senator Sherrod Brown - Opening Statement: Hearing on "Regulatory Relief for Community Banks and Credit Unions" February 10, 2015 Thank you,… Continue Reading


January 29, 2015

SEN. BROWN OPENING STATEMENT AT BANKING COMMITTEE’S EXECUTIVE SESSION ON IRAN SANCTIONS LEGISLATION

WASHINGTON, D.C. - U.S. Sen. Sherrod Brown (D-OH) - Ranking Member of the U.S. Senate Committee on Banking, Housing, and Urban Affairs - released the following opening statement, as prepared for delivery, at today's Executive Session meeting to mark-up legislation entitled "Nuclear Weapon Free Iran Act of 2015." Brown's remarks, as prepared for delivery, follow. Senator Sherrod Brown - Opening Statement: Iran Sanctions Mark-up January 29, 2015 Thank you, Mr. Chairman. None of us d… Continue Reading


January 27, 2015

SEN. BROWN OPENING STATEMENT ON BANKING COMMITTEE HEARING ON IRAN SANCTIONS

WASHINGTON, D.C. - U.S. Sen. Sherrod Brown (D-OH) - Ranking Member of the U.S. Senate Committee on Banking, Housing, and Urban Affairs - released the following opening statement, as prepared for delivery, at today's hearing entitled "Perspectives on the Strategic Necessity of Iran Sanctions." Brown's remarks, as prepared for delivery, follow. Senator Sherrod Brown - Opening Statement: "Perspectives on the Strategic Necessity of Iran Sanctions" January 27, 2015 Thank you, Mr… Continue Reading


January 23, 2015

Brown Announces Subcommittee Leadership For Senate Committee On Banking, Housing, and Urban Affairs

WASHINGTON, D.C. - U.S. Sen. Sherrod Brown - Ranking Member of the Senate Committee on Banking, Housing, and Urban Affairs - today announced the Committee's subcommittee leadership assignments for the 114th Congress. The subcommittee leadership assignments are as follows: Housing, Transportation, and Community Development Chair: Senator Tim Scott (R-SC) Ranking Member: Senator Robert Menendez (D-NJ) Financial Institutions and Consumer Protections Chair: Senator Patrick J. Toomey… Continue Reading


December 18, 2014

JOHNSON URGES DEPT OF EDUCATION, TREASURY, AND CFPB COORDINATION TO ADDRESS ISSUES IN THE STUDENT LOAN MARKET

WASHINGTON - Senate Banking Committee Chairman Tim Johnson (D-SD) sent letters on Wednesday to U.S. Department of Education Secretary Arne Duncan, U.S. Department of the Treasury Secretary Jack Lew, and Consumer Financial Protection Bureau (CFPB) Director Richard Cordray calling for coordinated action between the agencies to address issues in the student loan market, including student loan servicing and debt collection. "While college still represents one of the surest paths to the middle cl… Continue Reading

Showing page   of 55