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Moreno Demands Answers After Private Equity Firm Costs Nearly 1,000 Ohioans Their Jobs

Moreno’s Letter Comes as H.I.G. Capital Shuttered the Pixelle Chillicothe Paper Mill WASHINGTON –Today, Senator Bernie Moreno (R-OH) sent a letter to Ross Bushnell, President and CEO of Pixelle Specialty Solutions, and Sami Mnaymneh, Founder and CEO of H.I.G. Capital, demanding answers after the announced closure of the Pixelle Chillicothe paper mill in Ross County, Ohio. The closure of the mill will cost nearly 1,000 Ohioans their jobs and shutter a factory that has been the cornerstone of the Ross County economy for over 215 years. Moreno called on the executives to clarify how much they personally profited off the acquisition and whether any proceeds

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New Moreno Bipartisan Bill Would Make U.S. a Leader in Blockchain Development

WASHINGTON – Senator Bernie Moreno (R-Ohio) introduced the Deploying American Blockchains Act, a bipartisan bill that will ensure that the United States leads in the secure development of blockchain technology. Senators Tim Sheehy (R-Mont.) and Lisa Blunt Rochester (D-Del.) joined Senator Moreno on the bill. “America is the birthplace of innovation, and we should be leading in the responsible development of blockchain,” said Senator Moreno. “My bill will ensure the United States is a global leader in blockchain and give Americans even more financial choices. “As blockchain technology rapidly transforms the global marketplace, it is critical for the United States to maintain a competitive edge,” said Senator Sheehy.

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