Sherrod Brown News
30.11 / 22:03
regulation
Senate
committee
Senate Banking Committee chair calls for coordination with Treasury on crypto
Sherrod Brown, chair of the United States Senate Banking Committee, has called on Treasury Secretary Janet Yellen to work with financial regulators and lawmakers on comprehensive crypto legislation “in the wake of FTX’s implosion.”
28.10 / 09:33
Ethereum
ETH
BTC
Bitcoin
PUMP
Bitcoin Price and Ethereum Prediction – BTC Can Pump 10% Above This Level Today
During the Asian session, the Bitcoin price is trading bearish at $20,244 after getting rejected at the $21,000 resistance zone. Likewise, Ethereum has completed a 61.8% Fibonacci retracement at $1,550 and is now heading lower, losing more than 3% in the last 24 hours to trade at $1,504.
29.07 / 21:55
Google
CEO
Mobile
Apple
crypto apps
Apple and Google under radar over fake crypto apps
Apple and Google, two of the most valuable companies in the tech space, are being accused of facilitating crypto-related fraud. These organizations are being pressed for information by U.S. Senator Sherrod Brown (D-Ohio), the head of the Senate Banking Committee.
29.07 / 11:50
Government
regulation
Scams
lawmaker
crypto apps
US lawmaker calls for Apple and Google to provide info on fake crypto apps
Senator Sherrod Brown, chair of the Senate Banking Committee, has penned letters to the CEOs of Google’s parent company Alphabet and Apple calling for the tech firms to provide information on the ways they prevent certain apps from promoting crypto scams.
23.06 / 14:39
Senators
Senators Press Fed Chair Jerome Powell on Reforms for Regional Fed Banks
Federal Reserve Chairman Jerome Powell is facing pressure from both Senate Democrats and Republicans over how chiefs of the 12 regional Fed banks and their board members are selected.
01.06 / 11:17
US Banking Senate tells Wells Fargo to fix risk, governance issues
Wells Fargo must fix its governance and risk-management issues, the chairman of the US Senate Banking Committee said, highlighting what he called a “laundry list” of consumer abuses and compliance breakdowns.
15.04 / 20:25
Government
Law
Federal Reserve
vice chair
President Biden announces former Ripple adviser as pick for Fed vice chair for supervision
Following the withdrawal of former Federal Reserve Board governor Sarah Bloom Raskin, United States President Joe Biden has announced his intention to nominate former Obama administration official and law professor Michael Barr as the central bank’s vice chair for supervision.
03.03 / 06:59
Ethereum
cryptocurrency
BTC
Mark Warner
Cryptocurrency Prices Today: Bitcoin trading above $43,000; ETH in green
The global cryptocurrency market capitalisation fell 0.65 percent over the last 24 hours to $1.92 trillion, while trading volumes fell 9.97 percent to $94.83 billion during the same period.
16.02 / 13:15
Adoption
regulation
us government
Federal Reserve
Fed never did it: US Senate Banking head lashes out at Super Bowl crypto ads
The Super Bowl advertisements by crypto companies including Coinbase, FTX, and several others ruled the social media and news headlines for their out-of-the-box approach. However, The United States Senate Banking Committee chief Sherrod Brown was not impressed and blasted the ad-makers for not including appropriate warnings and risks involved.
16.02 / 12:57
Stablecoin
regulation
Senators
US Senators Fail to Find Stable Ground on Stablecoins
Stablecoins are not used to pay for real-world goods or services, but are instead a speculative tool for the “shadiest part of the crypto ecosystem,” Democratic Senator Elizabeth Warren said during a hearing on stablecoins in the US Senate Banking Committee yesterday. Others, meanwhile, stressed that stablecoins are likely safer than traditional banks, and that it would be “inappropriate” to regulate them as banks.
15.02 / 21:31
Government
Congress
Concerns over Fed nominee may stop Senate from confirming Biden's picks: report
Members of the U.S. Senate Banking Committee have reportedly divided along party lines regarding President Joe Biden’s pick of Sarah Bloom Raskin as vice chair for supervision for the Board of Governors at the Federal Reserve.
26.01 / 05:09
business
Facebook
Libra
Zuckerberg's Diem reportedly weighing sale after stablecoin plans falter
Meta-backed crypto initiative “Diem” is reportedly trying to sell its assets, seemingly calling time on Facebook founder Mark Zuckerberg’s grand ambitions for a stablecoin to act as the internet’s currency.
12.01 / 13:45
Stablecoin
regulation
Federal Reserve
committee
US Fed Chair's Top 3 Crypto-Related Comments in Front of Senate Banking Committee
The US Federal Reserve (Fed) Chair Jerome Powell discussed the central bank's COVID-19 response and financial stability, among other issues, during his re-nomination testimony on Tuesday in front of the Senate Banking Committee. He also made several comments that may potentially have an impact on the crypto market -- and here are the top 3 ones.
27.11 / 08:17
Blockchain
Adoption
Senate
Mark Warner
Senators
Democratic senators oppose President Biden's OCC Omarova nomination
A group of five Democratic senators has reportedly rejected President Joe Biden’s nominee, Saule Omarova, to head the Office of the Comptroller of the Currency (OCC).
27.11 / 01:09
Mark Warner
Centrist Senate Democrats Signal Opposition to Biden Banking Nominee
WASHINGTON—A group of Senate Democrats have privately voiced their opposition to President Biden’s nomination of Saule Omarova to become a top banking regulator, likely scuttling the academic’s chances of confirmation.
24.11 / 20:00
Government
Stablecoin
Tether
information
hearing
committee
Senate Banking Committee chair seeks information from stablecoin issuers and exchanges, suggesting possible hearing
Sherrod Brown, the chair of the Senate Committee on Banking, Housing and Urban Affairs, has called on several crypto firms to release information related to consumer and investor protection on stablecoins.
24.11 / 12:33
Stablecoin
Tether
coinbase
Paxos
US Senate Demands Answers From Stablecoin Issuers, Expresses ‘Concerns’
Stablecoins are in for another battering at the hands of the United States policymakers – with the Senate now getting in on the act: a committee chief has expressed “significant concerns” about the “consistency” of the terminology used to audit them.
27.10 / 16:05
Fed Bankers Face Penalties for Ethical Breaches Under Senate Proposal
A group of Senate Democrats plans to introduce legislation that would penalize Federal Reserve officials who fail to adhere to a new ethics code made public by the central bank last week.
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