December 30, 2024
Today, Ranking Member Tim Scott (R-S.C.) released his 2024 Year-in-Review and Oversight Report for the 118th Congress, highlighting Banking Committee Republicans’ accomplishments over the past year and detailing the committee’s oversight work of the Biden-Harris administration during the 118th Congress. Ranking Member Scott and Banking Committee Republicans have worked together to promote economic opportunity and capital formation, put more Americans on the path to homeownership, protect our eco… Continue Reading
December 20, 2024
Today, U.S. Senators Sherrod Brown (D-OH), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, and Senator Jack Reed (D-RI), raised concerns about the growing risks posed by the private credit market. In a letter to Federal Reserve Chair Jerome Powell and Vice Chair Michael Barr, the Senators once again urged federal banking regulators to take action to protect savers and consumers from the risks posed by private credit as it grows in size, complexity, and interdependence wi… Continue Reading
December 19, 2024
Today, U.S. Senator Sherrod Brown (D-OH), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, along with Senators Elizabeth Warren (D-MA), Jack Reed (D-RI), Catherine Cortez Masto (D-NV), John Fetterman (D-PA), Martin Heinrich (D-NM), and Alex Padilla (D-CA) urged the Federal Housing Finance Agency (FHFA) to direct Fannie Mae and Freddie Mac (the Enterprises) to establish a clear process for renters and local officials to report maintenance, safety, and other issues affectin… Continue Reading
