bank
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At Senate Banking Hearing, Brown To Call For Simplified, Strengthened Standards That Ensure Wall Street Megabanks Have Capital Needed To Prevent “Too Big To Fail”
During a hearing today, the Senate Banking Committee will examine efforts by U.S. banking agencies to adopt new bank capital standards that ensure financial institutions have the equity needed to back up their lending, investments, and trading practices. U.S. Sen. Sherrod Brown (D-OH), who c...…Read More
Posted on 11/14/2012 | -
Sens. Sherrod Brown, David Vitter Ask U.S. Banking Agencies to Simplify and Strengthen Bank Capital Standards
WASHINGTON, D.C.- Amidst growing calls from noted banking regulators and the nation’s community banks, U.S. Sens. Sherrod Brown (D-OH) and David Vitter (R-LA) are urging the U.S. banking agencies to simplify and strengthen new bank capital standards. With the U.S. beginning to implement the Basel ...…Read More
Posted on 10/17/2012 | -
Banking Panel Examines Private Student Loans
U.S. Sen. Sherrod Brown (D-OH), Chairman of the Senate Banking Subcommittee on Financial Institutions and Consumer Protection, conducted a hearing entitled, “Private Student Loans: Providing Flexibility and Opportunity to Borrowers?” today. The hearing examined the private student loan mark...…Read More
Posted on 7/24/2012 | -
With 290,000 Export-Related American Jobs Tied To Export-Import Bank Support, Brown Applauds Reauthorization Of Ex-Im Bank Lending Authority
U.S. Sen. Sherrod Brown (D-OH) released the following statement today after the Senate approved a reauthorization of the Export-Import Bank’s (Ex-Im) lending authority. The reauthorization extends the authority of the Bank—which operates at no cost to U.S. taxpayers—to 201...…Read More
Posted on 5/15/2012 | -
Banking Panel Examines Strategies To End “Too Big To Fail” Policies During Hearing
U.S. Sen. Sherrod Brown (D-OH), Chairman of the Senate Banking Subcommittee on Financial Institutions and Consumer Protection, conducted a hearing today entitled, “Is Simpler Better? Limiting Support for Financial Institutions” today. The hearing examined our nation’s ...…Read More
Posted on 5/9/2012 | -
With 290,000 Export-Related Jobs Tied to Export-Import Bank Support, Brown Joins Ohio Manufacturers' Association, Ex-Im President to Call for Reauthorization of Ex-Im Bank Lending Authority
WASHINGTON, D.C.- Since 2009, 148 Ohio businesses, including 103 small businesses, have received critical financial support from the Export-Import (Ex-Im) Bank to grow their companies, increase exports, and add jobs—but Congress must act to reauthorize the lending authority of the Export-Import Bank or ...…Read More
Posted on 4/18/2012 | -
With Nearly 25% Of Ohio Homeowners Underwater On Their Mortgages, Brown Unveils New Plan To Improve The Housing Market By Addressing “Short Sale” Home Sales
COLUMBUS, OH-With nearly 25 percent of Ohio homeowners underwater on their mortgages, U.S. Sen. Sherrod Brown (D-OH) today unveiled a new plan to improve the housing market by addressing “short sale” home sales. Short sales are real estate transactions that must be approved by the bank because the...…Read More
Posted on 4/4/2012 |