Sherrod Brown

U.S. Senate kills immigration overhaul, hits stalemate on Israel, Ukraine aid

BY: - February 7, 2024

WASHINGTON — The U.S. Senate was stuck over whether to begin debate on an emergency spending bill Wednesday night that would provide $95.3 billion in assistance to Ukraine, Israel and Taiwan — after senators blocked a sweeping larger package that would have overhauled immigration law for the first time in decades. Republicans said last year […]

Major changes in federal flood insurance program urged by U.S. Senate panel

BY: - January 25, 2024

WASHINGTON — Congress has spent more than six years avoiding its responsibility to reauthorize the National Flood Insurance Program, using a series of stopgap bills to extend the life of the program that has issued nearly 5 million policies. The lackadaisical approach to brokering a five-year reauthorization of the program was one of several topics […]

Fight for congressional majorities launches against backdrop of presidential campaigns

BY: and - January 4, 2024

WASHINGTON — The 2024 battle for control of Congress is underway in the states, accompanying the accelerating race for the presidency. Republicans are preparing to funnel money and staff into a select few Senate races in an effort to flip that chamber back to their control, while Democrats are looking toward the districts President Joe […]

Bonuses for execs of failed banks could be recouped under bill advancing in U.S. Senate

BY: - June 21, 2023

WASHINGTON — U.S. senators on a panel with jurisdiction over banking regulations on Wednesday approved a bipartisan bill that would allow government officials to “claw back” compensation from banking executives who fail to thwart massive failures like the historic run on Silicon Valley Bank earlier this year. Members of the Senate Committee on Banking, Housing […]

Members of U.S. Senate panel press financial regulators on massive bank failures

BY: - March 28, 2023

WASHINGTON — Financial regulators promised a full review of Silicon Valley Bank’s massive failure as members of a key U.S. Senate panel on Tuesday interrogated the officials about what led to the second-largest bank collapse in U.S. history. Members of the Senate Committee on Banking, Housing and Urban Affairs asked if the Federal Reserve could […]