Sens. Tester, Tillis, Brown, Toomey Introduce Bipartisan Legislation to Protect Consumers, Provide Certainty for Financial Institutions
March 03, 2022
March 03, 2022
WASHINGTON, March 3 -- Sen. Sherrod Brown, D-Ohio, chairman of the Senate Banking, Housing and Urban Affairs Committee, issued the following news release:
As a critical but little-known financial tool that determines global interest rates for more than $200 trillion in contracts in the United States and across the world is set to end in June 2023, U.S. Senators Jon Tester (D-Mont.), Thom Tillis (R-N.C.), and Senate Banking Committee Chairman Sherrod Brown (D-Ohio) and Ranking Member . . .
As a critical but little-known financial tool that determines global interest rates for more than $200 trillion in contracts in the United States and across the world is set to end in June 2023, U.S. Senators Jon Tester (D-Mont.), Thom Tillis (R-N.C.), and Senate Banking Committee Chairman Sherrod Brown (D-Ohio) and Ranking Member . . .