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Van Hollen, Brown, Warren Underscore Support of "FedNow" Real-Time Payments System in Letter to Fed
November 20, 2019
WASHINGTON, Nov. 20 -- Sen. Chris Van Hollen, D-Maryland, issued the following news release:

U.S. Senators Chris Van Hollen (D-Md.), Sherrod Brown (D-Ohio), and Elizabeth Warren (D-Mass.), all members of the Senate Banking Committee, have written to Federal Reserve Chairman Jerome Powell to underscore their support of the proposed "FedNow" service to support real-time payments.

The Senators write, "Real-time payments would result in significant economic b . . .

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