PYMNTS-MonitorEdge-May-2024

Sherrod Brown

Trending: Senators Urge Fed to Expand Fedwire and National Settlement Service
Trending: Senators Urge Fed to Expand Fedwire and National Settlement Service
September 11, 2024  |  Faster Payments

If business and commerce are always on in the digital age — existing as 24/7, year-round endeavors — so must the settlement systems that enable...

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Dem Senators to Synapse: Let Customers Access Deposits
Dem Senators to Synapse: Let Customers Access Deposits
July 02, 2024  |  Politics

Four Democratic U.S. Senators have a message for bankrupt FinTech Synapse: Let your customers get access to their deposits. The four senators — Senate Banking...

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Senators Demand Answers From Venmo and Cash App on Fraud
Senators Demand Answers From Venmo and Cash App on Fraud
June 16, 2023  |  Security & Fraud

A quartet of Senate Democrats want Venmo and Cash App to offer better fraud protection. The four senators — Sherrod Brown of Ohio, Elizabeth Warren...

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Senators Skewer Failed Bank Execs for ‘Stupid Bets,’ Selfish Management
Senators Skewer Failed Bank Execs for ‘Stupid Bets,’ Selfish Management
May 16, 2023  |  Banking

The failures of Silicon Valley Bank (SVB) and Signature Bank were unlike any in history. U.S. lawmakers are hoping to get to the bottom of...

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Senate FTX Crypto Hearing Pits Blockchain Promoters Against Skeptics
Senate FTX Crypto Hearing Pits Blockchain Promoters Against Skeptics
December 14, 2022  |  Cryptocurrency

Another day, another congressional committee hearing on the FTX crypto collapse. Fresh off of Tuesday’s (Dec. 13) House Financial Services Committee hearing covering the collapse...

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Sen Sherrod Brown Seeks More Cooperation on Crypto Regulation
Sen Sherrod Brown Seeks More Cooperation on Crypto Regulation
November 30, 2022  |  Cryptocurrency

The head of the Senate Banking Committee is calling for tougher cryptocurrency regulation. In a letter published Wednesday (Nov. 30), U.S. Senator Sherrod Brown called...

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Mastercard, Visa, Stripe Warned By Senators To Beware Of Libra
Mastercard, Visa, Stripe Warned By Senators To Beware Of Libra
October 09, 2019  |  Cryptocurrency

Democratic senators Sherrod Brown of Ohio and Brian Schatz of Hawaii wrote letters to Visa, Mastercard and Stripe asking that the firms rethink their membership...

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Opposition Builds For Trump’s CFPB Mulvaney Replacement
Opposition Builds For Trump’s CFPB Mulvaney Replacement
June 19, 2018  |  CFPB

House Minority Leader Nancy Pelosi has criticized President Trump’s reported pick to head the Consumer Financial Protection Bureau (CFPB), saying that Republicans are more concerned...

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Senate Puts Pressure On Trump To Support CFPB PHH Ruling
Senate Puts Pressure On Trump To Support CFPB PHH Ruling
January 05, 2018  |  CFPB

The top Democrat on the Senate Banking Committee is imploring the Trump administration to support the Consumer Financial Protection Bureau’s ruling against PHH Corporation. According...

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