WASHINGTON – Today, Senators Bernie Moreno (R-Ohio) and Tim Sheehy (R-Mont.) sent a letter to United States banking regulators expressing concerns about the proposed acquisition of Webster Financial Corporation by Banco Santander. To protect the American financial system, the Senators argue that regulators should investigate this merger, citing Spain’s track record as an unreliable geopolitical ally, questions about Spain’s record enforcing sanctions against foreign adversaries, and past anti-money laundering failures. “This proposed merger should not proceed unless and until U.S. regulators are fully satisfied that Santander’s governance, compliance culture, and technical controls meet the highest possible standard to protect the American financial system,” the Senators wrote. “Absent

WASHINGTON –Today, Senator Bernie Moreno (R-Ohio) released the following statement after President Trump called for the passage of the 21st Century ROAD to Housing Act and thanked him for his work in securing the ban on institutional investors purchasing single family homes in the legislation.

WASHINGTON – Today, Senator Bernie Moreno (R-Ohio) released the following statement after banking lobbyists attempted to kill the Senate Banking Committee’s vote on landmark crypto legislation this week. The banking lobby is trying to distort reality and prevent valuable innovation that will help hardworking Americans maximize their finances.