Latest Sherrod Brown News

Senators to Biden: Waive vaccine intellectual property rules

Apr. 16, 2021 06:02 AM EDT

WASHINGTON (AP) — Ten liberal senators are urging President Joe Biden to back India and South Africa’s appeal to the World Trade Organization to temporarily relax intellectual property rules so coronavirus vaccines can be manufactured by nations that are struggling to inoculate their...

Senate OKs tough former regulator as market watchdog chief

Apr. 14, 2021 13:54 PM EDT

WASHINGTON (AP) — The Senate has approved President Joe Biden’s choice of Gary Gensler to head the Securities and Exchange Commission, signaling an emphasis on investor protection for the Wall Street watchdog agency after a deregulatory stretch during the Trump administration. ...

Pro-Trump banker joins GOP field for US Senate race in Ohio

Apr. 13, 2021 11:06 AM EDT

COLUMBUS, Ohio (AP) — Another pro-Trump Republican entered the race Tuesday for the U.S. Senate seat being vacated by the GOP’s Sen. Rob Portman. Mike Gibbons, a former Cleveland investment banker, said his campaign would build on the experience and name recognition...

Editorial Roundup: Ohio

Mar. 22, 2021 09:28 AM EDT

Cleveland Plain Dealer. March 19, 2021. Editorial: Calling out the local lawmakers who want to upend Ohio’s ability to manage an emergency As we’ve editorialized previously, Senate Bill 22 is an irresponsible bid by the General Assembly to...

Fed to end relaxed capital requirements for large banks

Mar. 19, 2021 10:44 AM EDT

WASHINGTON (AP) — The Federal Reserve says it will restore capital requirements for large banks that were relaxed as part of the Fed’s efforts to shore up the financial system during the early days of the pandemic. The Fed said it will not extend the relief from what...

Senate confirms Ohio Rep. Fudge as housing secretary

Mar. 10, 2021 13:32 PM EST

WASHINGTON (AP) — The Senate has confirmed Marcia Fudge to head the Department of Housing and Urban Development, placing the longtime Ohio lawmaker in charge of the agency just as Congress is poised to pass new benefits for renters and homeowners who have suffered economic losses amid the...

'We can do big things,' Schumer says as Senate approves aid

Mar. 07, 2021 00:18 AM EST

WASHINGTON (AP) — Tensions were raw ahead of midnight as Republican leader Mitch McConnell rose in the Senate for the purpose of publicly ridiculing Majority Leader Chuck Schumer over the daylong delay as Democrats argued among themselves over the $1.9 trillion COVID-19 rescue package. ...

Biden's pick for SEC flags trading app gimmicks for scrutiny

Mar. 02, 2021 17:50 PM EST

WASHINGTON (AP) — President Joe Biden’s choice to head the Securities and Exchange Commission told Congress on Tuesday that the agency should address how to protect investors who use online stock-trading platforms with flashy tech gimmicks that entice them to trade more. ...

Fed's Powell: Recovery incomplete, high inflation unlikely

Feb. 23, 2021 13:59 PM EST

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell underscored the U.S. economy's ongoing weakness Tuesday in remarks that suggested that the Fed sees no need to alter its ultra-low interest rate policies anytime soon. “The economic recovery remains uneven and far...