Sherrod Brown

Senate Banking Panel Advances Fed, Two Other Financial Nominees
Economics professor Marvin Goodfriend endorsed for Federal Reserve Board

The Senate Banking Committee has narrowly endorsed the nomination of Marvin Goodfriend to the Federal Reserve Board of Governors. (Tom Williams/CQ Roll Call file photo)

The Senate Banking Committee narrowly endorsed Thursday the nomination of Marvin Goodfriend to the Federal Reserve Board as Democrats complained that the economics professor is more focused on fighting inflation than creating jobs.

Goodfriend faced opposition from Democrats because of what they described as a lack of commitment to the Fed’s goal of supporting maximum employment. His nomination advanced on a party-line vote of 13-12.

Latest Wells Fargo Penalties Add Fuel to Dodd-Frank Debate
Democrats fret that banks will get off easy under new Federal Reserve leadership

Sen. Sherrod Brown frets that the new leadership at the Federal Reserve will favor lightening restrictions on banks that have defrauded their customers. (Bill Clark/CQ Roll Call)

Democrats are praising former Federal Reserve Board Chair Janet Yellen’s actions against Wells Fargo & Co. and questioning whether the Fed will continue to be as tough now that she has left the central bank.

The Fed’s cease-and-desist order released Friday evening, on Yellen’s final day as chairwoman, restricts the nation’s third-largest bank to the $1.95 trillion in total consolidated assets it had at the end of 2017, a move the company estimates will cut its earnings this year by between $300 million and $400 million. The company had a net income of $22.2 billion in 2017.

Trump Whips Out the ‘T’ Word in Ohio
President's charge of treason fails to come close to Constitutional standard

President Donald Trump said in Ohio on Monday that Democrats committed treason when they did not applaud his State of the Union address. (Tom Williams/CQ Roll Call file photo)

President Donald Trump on Monday labeled Democrats “treasonous” for their reactions to his State of the Union address and said he looks forward to running against them in 2018 and 2020. His allegation, however, fails to meet the Constitution’s standard for that major crime.

During an official event obstensibly about the GOP tax law at a cylinder factory in Ohio, Trump called congressional Democrats “treasonous” for not applauding during his State of the Union address last Tuesday night.

Senate Democrats Ask Why Trump Let Russian Spy Chief Into United States
Also question Treasury secretary on Russia sanctions implementation

Sen. Sherrod Brown, D-Ohio, pressed Treasury Secretary Steven Mnuchin about Russian sanctions Tuesday. (Bill Clark/CQ Roll Call)

Leading Senate Democrats want to know why the Trump administration allowed a top Russian spy onto U.S. soil.

Minority Leader Charles E. Schumer led other Democrats in raising concerns Tuesday about a reported visit by Sergey Naryshkin, Russia's foreign spy chief and an ally of President Vladimir Putin.

Republicans Prepare for Upcoming Abortion Vote
Votes not likely there in Senate, but measure could be a midterm issue

Oklahoma Sen. James Lankford is among the proponents of the legislation to ban late-term abortions. (Tom Williams/CQ Roll Call)

Senate Republicans are readying for a vote next week on a late-term abortion bill. And while it’s unlikely they will have the votes to pass it, abortion opponents say the measure could play a role in the 2018 midterm elections.

The bill would ban abortions after the 20-week mark, while providing exceptions for rape, incest or the endangerment of a woman. It passed the House along party lines last year and has been waiting on a Senate vote.

Republicans Weigh Ways to Block Trump on Trade Actions
Despite concerns about pocketbook effects, president imposes tariffs, bad-mouths trade pacts

President Donald Trump is pursuing his America First approach to trade, even as it makes some Republicans nervous. (Mark Wilson/Getty Images)

Even as members of his own party weigh whether Congress has the authority to push back on his trade actions, President Donald Trump on Tuesday slapped new tariffs on solar panels and washing machines.

“It will provide a strong incentive for LG and Samsung to follow through on their recent promises to build major manufacturing plants for washing machines right here in the United States,” Trump said during an Oval Office signing event, adding the actions “uphold a principle of fair trade and demonstrate to the world that the United States will not be taken advantage of anymore.” That echoes a major theme of his 2016 campaign and the first year of his presidency.

Rating Change: Special Election in Ohio’s 12th Likely to Get Closer
Enthusiasm advantage could give Democrats a shot at Tiberi’s seat

Former Rep. Pat Tiberi’s resignation to lead the Ohio Business Roundtable opened up Ohio’s 12 District for the first time since 2000. (Bill Clark/Roll Call file photo)

In a time of political uncertainty, there appears to be one constant: Special elections in Republican districts and states are neither boring nor safe. Right now, there’s no reason to believe the race in Ohio’s 12th District will be any different.

GOP Rep. Pat Tiberi’s resignation to lead the Ohio Business Roundtable opens up the central Ohio seat for the first time since 2000, when Republican Rep. John R. Kasich left Congress to run for president. The district hasn’t elected a Democrat since the early 1980s, but the minority party has demonstrated an enthusiasm advantage over the last year that could boost an unlikely candidate once again.

Senate PSA: Be Nice or Get Rule 19’d
Sherrod Brown was read the decorum rule, and questioned why

Sen. Sherrod Brown, center, was reminded of decorum rules on Sunday, but questioned why. (Bill Clark/CQ Roll Call)

The Senate prides itself on being the world’s greatest deliberative body, but that doesn’t mean one can say just anything. In fact, if you say something out of bounds, a colleague can invoke a rule that forces you to sit down and be quiet. 

This dynamic came into focus over the weekend. As shutdown tensions ran high, Rule 19 was pulled out for a fresh reading as a reminder about the chamber’s standards for decorum.

Renacci Says Trump and Pence Will Campaign for Him
Ohio Republican challenging Democratic Sen. Sherrod Brown

Rep. Jim Renacci, R-Ohio, said President Donald Trump's team convinced him to run for the Senate. (Tom Williams/CQ Roll Call file photo)

Republican Rep. Jim Renacci said both President Donald Trump and Vice President Mike Pence will campaign for him in Ohio in his Senate race.

Renacci, who announced he would challenge Democratic incumbent Sen. Sherrod Brown, told the Vindicator that he initially did not want to run for Senate and was running for governor.

Analysis: It’s a Blue House Wave, but Not Yet a Senate One
Rural, Trump-friendly states make for a formidable map for Democrats

Sens. Jon Tester of Montana and Heidi Heitkamp of North Dakota are among the Democrats’ many vulnerable incumbents this cycle, which complicates the party’s efforts to retake the Senate. (Tom Williams/CQ Roll Call file photo.)

“The odds are greater than half we will take back the Senate.” — Senate Minority Leader Charles E. Schumer on “The Late Show With Stephen Colbert” on Monday night 

Democrats ought to temper their optimism about the fight for the Senate this year.