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The Latest Breaking News from Sherrod Brown

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.

Tribune News Service

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.

Los Angeles Times

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.

Roll Call

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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.

Tribune News Service

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

The Independent UK

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.

Roll Call

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

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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

The Independent UK

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.

Tribune News Service

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.

Roll Call

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

The Independent UK

Morning Brief: Top Financial Stories Dominating on Wednesday, June 1

Reuters Redbird Capital Buys Italian Football Club AC Milan

Benzinga

Senator Sherrod Brown Asks Wells Fargo To Right Past Wrongs

Sen. Sherrod Brown, Chair of the Senate Committee on Banking, Housing, and Urban Affairs, has asked Wells Fargo & Co (NYSE:WFC) to stop its mismanagement practices. In an open letter to CEO Charles Scharf, the senator urged the company to right past wrongs. "Recent revelations of racial disparities in mortgage lending, fake…

Benzinga

Window closing for US to implement global corporate tax deal

With midterm elections fast approaching, Democrats’ window to follow through on the Biden administration’s plan for rooting out tax havens and raising taxes on global companies’ foreign profits may be closing.

Tribune News Service

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Roll Call

Window closing for US to implement global corporate tax deal - Roll Call

Democrats’ window for rooting out tax havens and raising taxes on global companies’ foreign profits may be closing.

Roll Call

Terra's stablecoin flop raises questions about regulatory role - Roll Call

The plunge in the algorithmic stablecoin TerraUSD is sparking debate among lawmakers over what, or how much, the government should do.

Tribune News Service

Senate confirms Powell to second term as Fed chairman

Jerome Powell sailed through the Senate on Thursday with strong bipartisan support for a second term as chairman of the Federal Reserve Board.

Roll Call

Senate confirms Powell to second term as Fed chairman - Roll Call

The Senate on Thursday confirmed Jerome Powell for a 2nd term as chairman of the Federal Reserve, the third Fed nominee confirmed this week.

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Roll Call

Senate confirms Jefferson, fourth Black man to join Fed board - Roll Call

Philip Jefferson will become the fourth Black man to join the Fed board after the Senate confirmed him with strong bipartisan support.

Tribune News Service

Senate confirms Lisa Cook as the first Black woman on the Federal Reserve Board

WASHINGTON — The Senate voted Tuesday to confirm Lisa Cook as the first Black woman to join the Federal Reserve Board.

Roll Call

Senate confirms Lisa Cook as the first Black woman on the Federal Reserve Board - Roll Call

The Senate voted Tuesday to confirm Lisa Cook for the Federal Reserve Board. She will be the first Black woman on the board.

Roll Call

Yellen: Ending Roe v. Wade would 'set women back decades'

Treasury Secretary Janet Yellen said Tuesday that rescinding Roe v. Wade would affect women's participation in the labor force.

Tribune News Service

Biden heads for JD Vance’s home turf as Democrat sits out event

President Joe Biden demanded Congress pass legislation to make the U.S. more competitive with China during a speech in Ohio that wasn’t attended by the Democratic nominee for the state’s pivotal open Senate seat.

Roll Call

In Ohio, Biden pushes bipartisan bill as way to curb inflation - Roll Call

Biden travels to hot spot in fall campaign, but keeps remarks bipartisan as he urges Congress to pass competitiveness package.

Tribune News Service

What to watch in Tuesday’s primaries in Ohio and Indiana

WASHINGTON — A series of weekly congressional primaries in May starts Tuesday in Ohio and Indiana, and the outcomes over the coming weeks will help settle or add fuel to the debate over how influential a kingmaker former President Donald Trump is.

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