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Brown: Scammers Have Ramped Up Efforts While Banks and Payment Apps Stand By
February 01, 2024
WASHINGTON, Feb. 1 -- Sen. Sherrod Brown, D-Ohio, issued the following news release:

U.S. Senator Sherrod Brown (D-OH), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, delivered the following opening statement at today's hearing entitled, "Examining Scams and Fraud in the Banking System and Their Impact on Consumers."

Sen. Brown's remarks, as prepared for delivery follow:

When consumers send money through an app . . .

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