Van Hollen, Brown, Warren Underscore Support of "FedNow" Real-Time Payments System in Letter to Fed
November 20, 2019
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 . . .
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 . . .