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Senate Banking Committee Chairman Brown Issues Opening Statement at Hearing on Fed Semiannual Monetary Policy Report
April 15, 2024
WASHINGTON, April 15 -- Sen. Sherrod Brown, D-Ohio, chairman of the Senate Banking, Housing and Urban Affairs Committee, issued the following opening statement at a hearing on March 7, 2024, entitled "The Semiannual Monetary Policy Report to the Congress":

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The Fed has immense power in shaping our economy. Your job is clear: promote stable prices and maximum employment.

Today, the cost of living is still far too expensive for most Americans. . . .

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