Sherrod Brown

The country added 339,000 jobs in May--think of that--bringing the total number of jobs created since the Democrats were in the majority, since I have been Chair of this Committee, to 13 million new jobs.

This is the strongest labor market for American workers in decades, thanks to the work that two of you have done on the Fed to help that happen.

The economy is in a different place from where it was at this time last year.

In April, the Black unemployment rate hit 4.7 percent, the lowest in 50 years.

Instead of lowering demand--which is just economics textbook jargon for making people poorer, laying off workers, denying raises--we can produce more, we can build more, and we can grow the economy from the middle out.

We must continue that progress.

No matter what goes wrong in the economy--whether it is a financial crisis or bank failures, whether it is supply chain turmoil or energy market disruption--working people always pay the price.

Meanwhile, corporations somehow always find a way to increase their profits. They always find a way.

Chair Powell, I look forward to hearing today how the Fed will protect American workers in the fight against inflation, and promote an economy with a strong, growing middle class.

I do not think that Congress and 2155 and Barr's predecessor, Mr. Quarles, weakening the rules even more... are off the hook either for Silicon Valley Bank.

For the economy to truly deliver security and opportunity for American workers, we need plentiful job opportunities, we need high wages, and we need low prices.

More policymakers are finally recognizing what those of us in Ohio have known for years--that outsourcing the production of pretty much everything may mean higher profits in the short-term, but it will not lead to a resilient economy with…

Those days for banking executives are over.

The price of gas at the pump has fallen and domestic energy production has increased.

Today, inflation is at 4 percent-short of the Fed's target rate of 2 percent, but a steady improvement from the 9 percent rate last year.

Back then, Russia's brutal invasion of Ukraine devastated global energy markets--driving up the cost of gas at the pump.

Global supply chain disruptions resulted in shortages of key goods--increasing costs on American families.

The unemployment rate is under 4 percent.

The economy is in a different place from where it was at this time last year.

And inflation hit a peak rate of 9.1 percent.

The Black unemployment rate hit 4.7 percent, the lowest in 50 years.

This is the strongest labor market for American workers in decades.

The country added 339,000 jobs in May.

I hope that suggests that the VA continues to work with us on the Adam Lambert Improving Servicemember Transition to Reduce Veteran Suicide Act.

I have been doing roundtables.