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Brown to Powell: High Interest Rates Keep Housing Costs High, Do Nothing to Stop Corporate Price Gouging
March 07, 2024
WASHINGTON, March 7 -- Sen. Sherrod Brown, D-Ohio, issued the following news release:

Today, 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, "The Semiannual Monetary Policy Report to the Congress."

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

The Fed has immense power in shaping our economy. Your jo . . .

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