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The Latest Breaking News from Sherrod Brown

Silicon Valley Bank’s former CEO tells Senate he is ‘truly sorry’ for collapse

Greg Becker tells banking committee that takeover of SVB was ‘personally and professionally devastating’

The Guardian - US

When California Set Minimum Staffing Levels for Overworked Nurses, Better Patient Outcomes Followed

Safe staffing laws have worked in California — and can’t pass anywhere else.

Capital & Main

A year and a half out, these are 2024’s most vulnerable senators - Roll Call

Democrats dominate the Roll Call's first list of vulnerable Senate incumbents whose terms are up in November 2024.

Roll Call

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Former CEOs of failed banks to testify before Senate panel

The former top executives of two failed banks will testify before Congress this month

The Independent UK

At the Races: Democrats’ Senate forecast brightens? - 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

More sanctions for deadly fentanyl if bill wins passage

Over the course of a year, the U.S. Treasury Department has used the hammer of its sanctions powers to impose wide-ranging financial restrictions on Russia in response to its invasion of Ukraine, turning Russia into the most sanctioned country in the world

The Independent UK

At the Races: Now show me yours - 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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‘Growing coalition’ open to a stock ban, lawmakers say

WASHINGTON — Democratic lawmakers say support is growing for a full ban on members trading or owning individual stocks and stronger penalties for those who engage in insider trading.

Tribune News Service

‘Growing coalition’ open to a stock ban, lawmakers say - Roll Call

Lawmakers say support is growing for a full ban on members trading or owning stocks and stronger penalties for those who insider trade.

Roll Call

Bipartisan measure to block solar tariff waiver heads to markup - Roll Call

A bipartisan measure would strike down an administration waiver of tariffs on solar energy equipment from four countries in Southeast Asia.

Roll Call

GOP's Moreno joins race to unseat Sen. Sherrod Brown of Ohio

Wealthy Cleveland business owner Bernie Moreno has joined the 2024 race to unseat Democratic U.S. Sen. Sherrod Brown

The Independent UK

Fed official says banking rules are under review in the wake of SVB failure

Michael Barr, the nation’s top banking regulator, said Silicon Valley Bank was warned in the fall of 2021 that its interest rate model was not ‘aligned with reality.’

Chicago Sun-Times

Bank failures and rescue test Yellen's decades of experience

Treasury Secretary Janet Yellen worked against the clock with other regulators, lawmakers and business leaders to come up with a plan that would prevent a full blown banking crisis

The Independent UK

After the East Palestine Derailment, Congress Is Trying To Force Unrelated, Costly Regulations on Railroads

A bipartisan bill backed by J.D. Vance and Sherrod Brown would include a two-member crew mandate that unions have long sought—and that wouldn't have prevented the Ohio disaster.

Reason

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Chicago Sun-Times

Sen. Duckworth joins bipartisan call for stronger rail safety measures

Senate Commerce Committee grills Norfolk Southern CEO on safety enhancements that can be implemented to prevent derailments like the one in East Palestine, Ohio.

Tribune News Service

6 big themes from Wednesday’s Norfolk Southern’s derailment hearing

Norfolk Southern’s CEO Alan Shaw was among the witnesses who testified Wednesday at a U.S. Senate committee hearing about the railroad’s toxic derailment in East Palestine, Ohio on Feb. 3.

The Independent UK

Bipartisan support emerges for Senate railroad safety bill

A bipartisan consensus that Congress should act to toughen regulations on railroads is emerging in the U.S. Senate

Roll Call

Vance: Rail safety legislation is not 'big government' - Roll Call

Republican Sen. J.D. Vance attacked the rail industry for criticizing a safety bill he co-sponsored with Sen. Sherrod Brown, D-Ohio.

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news in one place.

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Tribune News Service

Midsize US banks ask FDIC to insure deposits for 2 years

A coalition of midsize U.S. banks asked federal regulators to extend FDIC insurance to all deposits for the next two years, arguing the guarantee is needed to avoid a wider run on the banks.

The Independent UK

Bank failures: Anger in Congress, but division on what to do

Congress is trying to figure out how best to respond to the abrupt failure of two U.S. banks

Roll Call

Lawmakers from both parties skeptical of legislation over SVB - Roll Call

President Biden's call for a legislative response to the SVB collapse is meeting skepticism from members of both parties on Capitol Hill.

Al Jazeera

Railway CEO apologises for toxic train crash at US Senate hearing

Norfolk Southern chief says he is ‘terribly sorry’ but stops short of fully backing Senate bill to boost safety rules.

Tribune News Service

Second Ohio derailment raises ire in Congress on rail safety

WASHINGTON — A second freight train derailment in Ohio within a month is giving new impetus for rail safety legislation in Congress, as Democrats and Republicans prepare to grill Norfolk Southern CEO Alan Shaw when he testifies to a Senate committee Thursday.

Tribune News Service

Second Norfolk Southern train derails in Ohio in a month

A Norfolk Southern Corp. train derailed in Springfield, Ohio, about a month after an earlier crash in the state that shone a spotlight on rail safety.

The Independent UK

Ohio derailment tests Sen. Brown's push to buck Dem defeats

Republicans say the federal response to a train derailment in an eastern Ohio village shows Democrats are not focused on policy at home

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