Sherrod Brown

PayPal exit from Facebook project shows power of D.C.’s disapproval

10/09/19

The payments company’s departure from the association leading Facebook’s Libra cryptocurrency plan is the clearest sign that skeptical policymakers are the plan's biggest obstacle.

[more]

GOP senators skeptical of Fed's faster payments network

09/25/19

One Republican lawmaker went so far as to suggest that Congress should try to block the central bank's effort, but Democrats said FedNow will promote competition in real-time payments.

[more]

Senate Dems urge CFPB to extend QM patch

09/17/19

Senate Democrats are warning the Consumer Financial Protection Bureau to be careful as it considers changes to its mortgage underwriting rules.

[more]

Senate Democrats call out Capital One over breach response

09/12/19

The lawmakers, including Sens. Sherrod Brown and Elizabeth Warren, sent the bank a letter focusing on customers' difficulty enrolling in credit monitoring and identity protection services.

[more]

2020 race pulls Warren away from Senate Banking

08/06/19

The panel has had 13 public meetings since the Massachusetts senator’s last appearance, in May.

[more]

Waters, Brown warn regulators not to weaken margin rules

08/01/19

Expanding exemptions for initial margin requirements on swaps transactions “would harm financial stability and U.S. taxpayers,” said the top Democrats on the House and Senate banking panels.

[more]

Crypto holds public promise and potential for danger: Senators

07/30/19

Two weeks after lawmakers grilled a Facebook exec over Libra, they acknowledged benefits from digital currency technology while warning of the risks.

[more]

Former CFPB official 'may have abused his authority': Inspector general

07/29/19

Eric Blankenstein, now at HUD, is under fire for asking a subordinate to defend him after it was revealed he wrote racially charged blogs 14 years earlier.

[more]

Despite outcry, Congress unlikely to block Facebook's crypto plan

07/19/19

Lawmakers from both parties strongly criticized Libra this week, but largely steered clear of proposals to stop it.

[more]

Facebook crypto exec meets congressional firing squad

07/16/19

Resistance to Libra on the Senate Banking Committee was bipartisan, and other takeaways from Tuesday’s hearing.

[more]