Press Releases

Moreno Bill Calls on Powell to Cut Rates, Help Working Class Americans

WASHINGTON –Today, Senator Bernie Moreno (R-Ohio) introduced a bill calling on Federal Reserve Chairman Jerome Powell to cut interest rates and help working-class Americans. Moreno’s bill comes after Powell again refused to cut interest rates, leading two FOMC members to dissent from a rate decision for the first time since 1993, and is his latest effort against the Federal Reserve Chairman. In a July letter, Senator Moreno demanded the resignation of Powell, after weeks of questioning him on his refusal to lower interest rates. In June, Senator Moreno hammered  Powell on his repeated public attacks on President Donald Trump’s trade agenda and refusal to lower rates despite persistently low inflation. Read the full bill HERE.

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Moreno Secures Federal Investigation into Cincinnati Mob Attack

WASHINGTON –Tonight, Attorney General Pam Bondi thanked Senator Bernie Moreno (R-Ohio) for connecting the Department of Justice (DOJ) with the victims of the violent, mob attack in Cincinnati on Saturday night and announced the Federal Bureau of Investigation (FBI) has launched an investigation into the incident. Senator Moreno previously condemned the Mayor of Cincinnati for his lack of leadership and initial silence after his residents suffered this vicious attack. 

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