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The Latest Breaking News from Sherrod Brown

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.

Fortune

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.

Tribune News Service

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

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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.

Roll Call

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.

Tribune News Service

As FTX burned, lawmakers said to be dithering over regulator - Roll Call

FTX founder Sam Bankman-Fried’s prominence on Capitol Hill is said to have tainted bills deemed too favorable to the cryptocurrency industry.

Roll Call

Ohio Senate race: Tim Ryan faces JD Vance in crucial election

Buckeye State’s voters could determine the balance of the US Senate

The Independent UK

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Ohio Senate race: Tim Ryan faces JD Vance in crucial election

Buckeye State’s voters could determine the balance of the US Senate

The Independent UK

Jerome Powell Gets Reminder From Senator Brown Ahead Of Fed Meet: 'Don't Forget Your Responsibility To Promote Maximum Employment'

The Chair of the Senate Committee on Banking, Housing, and Urban Affairs, Sherrod Brown, has sent a letter to Federal Reserve Chair Jerome Powell, reminding him about the central bank’s dual mandate and asking him not to forget his responsibilities to

Benzinga

Lawmakers, advocates eye year-end bills for housing credit

WASHINGTON — Lawmakers and advocates are eyeing year-end legislation as vehicles to expand a low-income housing construction incentive as opportunities dwindle to address a growing affordability crisis before the next Congress.

Tribune News Service

Lawmakers, advocates eye year-end bills for housing credit - Roll Call

Lawmakers and housing advocates are eyeing year-end legislation to expand a low-income housing tax credit to support affordable housing.

Roll Call

Ohio Senate race: Tim Ryan faces JD Vance in crucial election

Buckeye State’s voters could determine the balance of the US Senate

The Independent UK

Buy America takes a back seat in drive to build EV charging stations - Roll Call

The Department of Transportation and others have been seeking waivers from the made-in-America provisions of the bipartisan infrastructure law.

Roll Call

Ohio Senate race: Tim Ryan faces JD Vance in crucial election

Buckeye State’s voters could determine the balance of the US Senate

The Independent UK

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Tribune News Service

Mail thefts surge nationwide

DAYTON, Ohio — A rash of local mail thefts coincides with a reported 17-fold nationwide increase in checks stolen from the U.S. mail being posted for sale online — as officials representing postal service police say they are hamstrung in arresting perpetrators, a Dayton Daily News investigation found.

Los Angeles Times

Why is the Senate race between J.D. Vance and Tim Ryan in Ohio so close?

LANDEN, Ohio — Former President Donald Trump won this state twice, each time by more than 8 percentage points.

Roll Call

Ways and Means leaders working on lame-duck Social Security fix

A year-end package is being eyed to fix a provision that many say unfairly cuts benefits for public employees who have government pensions.

Tribune News Service

Political divide snags the digital update to anti-redlining law

Federal bank regulators' efforts to modernize the 45-year-old law known as the Community Reinvestment Act to reflect the rise of digital banking are raising accusations of partisanship, a claim that those digging into the details say is likely unfounded.

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The Independent UK

Why a shuttered auto plant in Ohio could doom Democrats from picking up a key Senate seat

One of 2022’s most important Senate races may have been decided on ‘Black Monday’, John Bowden reports from Youngstown, Ohio

Roll Call

Political divide snags the digital update to anti-redlining law - Roll Call

Complaints of partisanship go on regardless which party is trying to update the Community Reinvestment Act for new financial technology.

The Independent UK

As 'buy now, pay later' plans grow, so do delinquencies

A growing number of American shoppers have jumped at the chance to use “buy now, pay later” loans to pay for new sneakers, electronics, or luxury goods in installments

The Independent UK

Fed ethics inquiry clears Powell and Clarida trades

The Federal Reserve’s inspector general concluded that financial trades made several years ago by Chair Jerome Powell and Richard Clarida, then the vice chair, did not violate any laws or ethics rules

Tribune News Service

Senate confirms former prosecutor to run agency overseeing gun laws

WASHINGTON — The Bureau of Alcohol, Tobacco, Firearms and Explosives will have its first permanent leader in seven years after a bipartisan Senate vote Tuesday confirmed former federal prosecutor Steven Dettelbach for the role.

Roll Call

Senate confirms former prosecutor to run agency overseeing gun laws - Roll Call

Biden's second pick for the job, Steven Dettelbach got support from two Republicans to become first confirmed ATF director in seven years.

The Independent UK

US solar companies weigh challenge to Biden pause on tariffs

U.S. solar manufacturers are considering legal challenges after President Joe Biden declared a two-year pause on tariffs for solar imports from Southeast Asia

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