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The Latest Breaking News from Sherrod Brown

Ohio senator condemns train operator and lobbyists over toxic derailment

Democrat Sherrod Brown says derailment, which released toxic chemicals, was caused by Norfolk Southern

The Guardian - US

Senate pressure mounts on Biden to nominate first Latino to Fed - Roll Call

Several Senate Banking Committee Democrats are pushing President Joe Biden to nominate a Latino for the Federal Reserve Board.

Roll Call

Ohio train derailment: Senator Sherrod Brown calls for state of emergency to be declared in East Palestine

“A man-made disaster of this scale, scope, and significance necessitates a response and deployment of resources that are commensurate in scale and scope,” the senator said this week

The Independent UK

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Biden eyes Fed vacancy with Goolsbee reported to be in mix

White House officials have reached out to a key Democratic ally in the Senate to discuss filling the vacant role of Fed vice chair, with the Wall Street Journal reporting that Chicago Fed President Austan Goolsbee is under consideration for the post.

Tribune News Service

'Financial criminals love crypto' and other takeaways from a Senate hearing on cryptocurrency

WASHINGTON — A Senate panel met Tuesday morning to hear from a trio of expert witnesses about what the federal government can do to create safeguards for digital assets such as cryptocurrency.

Los Angeles Times

‘The nightmare isn’t over yet’: Senate Banking reckons with FTX fallout

In the latest congressional hearing on crypto, senators looked to the future of regulation.

Fortune

At the Races: Citizens, disunited - Roll Call

The CQ Roll Call newsroom tracks campaigns nationwide, sharing the best stories, with some extras, in the At the Races newsletter.

Roll Call

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Early jockeying for Senate seats foreshadows competitive 2024 elections

Lawmakers are already setting their sights on 34 Senate seats that will open up in 2024, indicating a busy election season.

WEKU

In neighboring red states, GOP Senate candidates offer different visions for 2024

They’re both Republicans from reliably red, neighboring Midwestern states who launched Senate campaigns on Tuesday.

Tribune News Service

In neighboring red states, Senate candidates offer different visions for 2024

Jim Banks of Indiana and Matt Dolan of Ohio kicked off Senate runs Tuesday. Their announcements depict the contrasts facing the GOP in 2024.

Roll Call

Ohio lawmaker Dolan running for US Senate again in 2024

Republican state Sen. Matt Dolan says he's again running for U.S. Senate as the GOP tries in 2024 to flip the Ohio seat long held by Democrat Sherrod Brown, who is expected to seek reelection

The Independent UK

Crypto is like the ‘World of Warcraft’ economy and legitimizing it with regulations would hurt the financial system, says economist

"While there's money involved, I don't think any of us would call on [regulators] to supervise online massive multiplayer games," argued Stephen Cecchetti.

Fortune

Senate confirms Gruenberg as FDIC chair, two others to join board

In two votes Monday, the Senate confirmed three members of the FDIC board and one of them, Martin Gruenberg, to become chairman.

Roll Call

Sen. Sherrod Brown leaves possibility of crypto ban open as momentum builds for stronger regulation

"Crypto doesn’t get a free pass because it’s bright and shiny," said the Senate banking chairman Sunday.

Fortune

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The Independent UK

VIDEO FOR YOU: Senate Democrats take aim at cryptocurrency

EDITORS/NEWS DIRECTORS:

Fortune

Star-studded Senate hearing illustrates massive divide over crypto in D.C.

Without Sam Bankman-Fried in attendance, senators focused on the future of the volatile industry.

The Independent UK

AOC wants a Democrat to challenge Kyrsten Sinema for Senate seat. Others in the party aren’t so sure

Most Democrats are unsure about challenging the newly minted independent Senator

Fortune

SBF agreed to testify in Congress. Here’s what lawmakers are thinking about crypto legislation

How will the collapse of FTX shape regulation from Washington?

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Fortune

Sam Bankman-Fried will testify before Congress

Uncertainty looms over next week’s hearings on FTX’s collapse.

Salon

Dems try new child tax credit tactic

Progressives threaten to block Republican tax break for companies unless they can lift more kids out of poverty

Fortune

Senate Banking Committee: Sam Bankman-Fried will be subpoenaed if he doesn’t agree to attend FTX hearing

After weeks of waffling, the disgraced FTX founder faces an ultimatum.

Tribune News Service

Senate Democrats: Reduce harm of drug laws to open cannabis banking

Negotiations over provisions that would allow cannabis companies to access banking services were among the sticking points holding up the release of the fiscal 2023 defense reauthorization bill text Tuesday, senators said.

Roll Call

Lawmakers exclude cannabis language from defense authorization text

Senate Democrats will let banks work with cannabis businesses but only for fairer treatment for those caught up in the war on drugs.

Roll Call

Senate Banking Democrats plan bigger role in crypto legislation - Roll Call

Sen. Sherrod Brown says a bill supported by Sens. Stabenow and Boozman is too favorable to the crypto industry.

Tribune News Service

As FTX burned, lawmakers said to be dithering over regulator

WASHINGTON — Congress opted to tread water on legislation that would clarify the agency in charge of the cryptocurrency industry, leaving lawmakers now without a regulator to blame for missing the signs of the FTX collapse this month and facing deep skepticism about some proposals.

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