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Dem’s new chairman says banking panel will put ‘workers’ on Wall Street

WASHINGTON — Sen. Sherrod Brown, D-Ohio, has pledged to focus on “working people” and “their families” when he becomes chairman of the Senate Banking Committee, the same day he called for the removal of the President Trump.

Brown released a statement on Thursday congratulating sensitive lawmakers Raphael Warnock and Jon Ossoff, whose victories in Georgia’s runoff on Tuesday cemented a Democratic majority in the Senate.

“For too long, the Senate Banking and Housing Committee has only served Wall Street – under new Democratic leadership, we’re going to get to work for everyone, and get working people and their families, and what matters for their lives at the center of everything we do,” Brown said.

On Twitter, Brown also called for Trump’s ouster, accusing the president of instigating Wednesday’s violent protests that violated the US Capitol and delayed Congressional certification of President-elect Joe Biden’s victory.

“For too long, the Senate Banking and Housing Committee has only served Wall Street – under new Democratic leadership, we’re going to get to work for everyone, and get working people and their families, and what matters for their lives at the center of everything we do,” said Sen. Sherrod Brown, D-Ohio.

Bloomberg News

“Domestic terrorists have attacked our seat of government, at the request of the President of the United States,” Brown said in his Twitter post. “The Cabinet and the Vice President must immediately invoke the 25eAmendment to remove him from office, to prevent him from doing more damage by Inauguration Day.

Industry observers and analysts have predicted that Democratic Senate control likely means the Banking Committee will focus more on protecting consumers, addressing climate-related risks to the financial system, and expanding access to the financial system.

“We have a lot of work to do to recover from this pandemic, fight systemic racism, fight climate change and create an economy that works for everyone, no matter who they are, where they live or what type of work they do,” Brown said.