Press Releases

March 22, 2023

Van Hollen, Warren, Senators Call on Fed to Strengthen Rules for Banks with Assets Over $100B

U.S. Senators Chris Van Hollen (D-Md.), Elizabeth Warren (D-Mass.), Tammy Duckworth (D-Ill.), Richard Blumenthal (D-Conn.), Bernie Sanders (I-Vt.), Jack Reed (D-R.I.), Mazie Hirono (D-Hawaii), Ed Markey (D-Mass.), Angus King (I-Maine), Sheldon Whitehouse (D-R.I.), Tina Smith (D-Minn.), and Brian Schatz (D-Hawaii) wrote the Vice Chair for Supervision of the Federal Reserve (Fed) Michael Barr, calling on him to exercise the Fed's authority to apply stronger regulation and supervision to banks … Continue Reading

March 21, 2023

Van Hollen, Warren, Sanders, Whitehouse Urge Treasury to Crack Down on Ultra-Wealthy Abuse of Trusts to Dodge Taxes

U.S. Senators Chris Van Hollen (D-Md.), Elizabeth Warren (D-Mass.), Bernie Sanders (I-Vt.), and Sheldon Whitehouse (D-R.I.) sent a letter to Treasury Secretary Janet Yellen, urging her to use the full extent of the Treasury Department's regulatory authority to crack down on the ultra-wealthy's use of trusts to dodge paying their fair share in taxes. "Billionaires and multi-millionaires use trusts to shift wealth to their heirs tax-free, dodging federal estate and gift taxes. And they are … Continue Reading

March 20, 2023

Van Hollen, Cardin Praise Biden Nominees Matthew Maddox and Brendan Hurson for Maryland U.S. District Court Seats

Today, U.S. Senators Chris Van Hollen and Ben Cardin (both D-Md.) praised President Joe Biden for acting on their recommendation to nominate U.S. Magistrate Judges Matthew Maddox and Brendan Hurson to fill vacancies on the U.S. District Court for the District of Maryland. "Diverse experience in the courtroom and a lifelong commitment to public service make Judge Maddox and Judge Hurson excellent nominees for the District Court," said the Senators. "We were pleased to make these … Continue Reading

March 19, 2023

VIDEO/TRANSCRIPT: Van Hollen Discusses Russia, China, Federal Government Response to Bank Failures on Fox News Sunday

Today, U.S. Senator Chris Van Hollen (D-Md.) joined Fox News Sunday with Mike Emanuel, where he discussed the International Criminal Court's arrest warrant for Russian President Vladimir Putin; Putin's upcoming meeting with Chinese President Xi Jinping; the federal government's response to Silicon Valley Bank; and more. A full transcript of the Senator's exchange is available below and video of the interview is available here. MIKE EMANUEL, HOST, FOX NEWS: Now, let's bring in Democratic … Continue Reading

March 15, 2023

Van Hollen, Menendez, Warren Urge Treasury, DOJ to Issue Guidance to Financial Institutions for Implementation of MCC Code for Gun and Ammunition Stores to Help Prevent Gun Violence

Today, U.S. Senator Chris Van Hollen (D-Md.) joined Senators Bob Menendez (D-N.J.) and Elizabeth Warren (D-Mass.) in urging the U.S. Department of the Treasury and the U.S. Department of Justice (DOJ) to provide guidance to financial institutions for the full implementation of the new merchant category (MCC) code the International Organization for Standardization (ISO) approved last year for gun and ammunition stores. The swift application of the MCC code would equip financial institutions to … Continue Reading

March 15, 2023

Van Hollen, Risch, Menendez, Colleagues Introduce Resolution in Support of Hong Kongers

Today, U.S. Senator Chris Van Hollen (D-Md.) joined Senators Jim Risch (R-Idaho) and Bob Menendez (D-N.J.) in introducing a resolution condemning Beijing's destruction of Hong Kong's democracy and rule of law in addition to its political persecution of Jimmy Lai and other pro-democracy advocates. This resolution: Condemns the Chinese government's "Hong Kong national security law" and related human rights abuses. Supports the people of Hong Kong as they fight to exercise fundamental rights … Continue Reading

March 15, 2023

Van Hollen, Wyden, Lummis Call on Biden to Support Cuba Entrepreneurs and Small Businesses

U.S. Senator Chris Van Hollen (D-Md.), Senate Finance Committee Chair Ron Wyden (D-Ore.), and Senator Cynthia Lummis (R-Wyo.) called on President Biden to foster development of small businesses and entrepreneurs in Cuba that offer an alternative to state-controlled industry, by easing U.S. financial restrictions targeting those players, in a letter sent today. "Small, private sector Cuban entrepreneurs have been clamoring for access to capital that could help their businesses thrive, support … Continue Reading

March 14, 2023

Van Hollen, Sullivan Make Bipartisan Push to Create Commemorative Coin for 100th Anniversary of the U.S. Foreign Service

Today, U.S. Senators Chris Van Hollen (D-Md.) and Dan Sullivan (R-Alaska), co-founders of the bipartisan Senate Foreign Service Caucus, introduced the United States Foreign Service Commemorative Coin Act, bipartisan legislation to create a commemorative coin celebrating 100 years of the U.S. Foreign Service. Under the Senators' bill, the U.S. Mint would release a commemorative coin in 2025 marking 100 years since the passage and enactment of the legislation that created the modern-day Foreign … Continue Reading

March 14, 2023

Congressional Delegation Members Announce $1.4 Million Investment in Affordable Housing Across Maryland

Today, U.S. Senators Chris Van Hollen and Ben Cardin and Congressmen Kweisi Mfume, Jamie B. Raskin, and Glenn Ivey (all D-Md.) announced $1,449,000 in federal funding for NeighborWorks America to support efforts to develop and preserve affordable housing, revitalize and sustain neighborhoods, and create jobs in Maryland. NeighborWorks supports and enhances a network of local and regional nonprofit partners to bring together residents, private-sector business leaders, and local government to … Continue Reading

March 13, 2023

Van Hollen, Cardin, Booker, Coons Urge Biden Administration to Increase Focus on South Sudan Ahead of Renewal of UN Mission in the Nation

Today, U.S. Senators Chris Van Hollen (D-Md.), Ben Cardin (D-Md.), Cory Booker (D-N.J.), and Chris Coons (D-Del.) urged the Biden Administration to deepen its engagement on South Sudan as the United Nations is expected to renew the mandate of its mission in the nation later this week. In a letter to U.S. Secretary of State Antony Blinken, U.S. Ambassador to the United Nations Linda Thomas-Greenfield, and U.S. Secretary of the Treasury Janet Yellen, the Senators stressed the need for … Continue Reading

March 13, 2023

Team Maryland Applauds NAACP Letter to President Biden Urging FBI Headquarters in Maryland

Today, members of Maryland's federal, state, and local governments praised the NAACP for the letter sent by NAACP President & CEO Derrick Johnson to President Biden urging the Administration to select Prince George's County for the future FBI headquarters in line with the President's commitment to advancing economic opportunity and building greater equity for Black Americans. Maryland Governor Wes Moore, Lieutenant Governor Aruna Miller, U.S. Senators Ben Cardin and Chris Van Hollen, … Continue Reading

March 10, 2023

Van Hollen, Bennet, Cardin, Colleagues Introduce Legislation to Reduce Exposure to Lead in Drinking Water

Today, U.S. Senator Chris Van Hollen (D-Md.) joined Senator Michael Bennet (D-Colo.) alongside Senators Ben Cardin (D-Md.), Sherrod Brown (D-Ohio), Dianne Feinstein (D-Calif.), Cory Booker (D-N.J.), and Amy Klobuchar (D-Minn.) in introducing the Financing Lead Out of Water (FLOW) Act. The FLOW Act would reduce exposure to lead in old water pipes by making it easier for cities and utilities to issue bonds to finance replacement projects. "Lead pipes are still in use in far too many of our … Continue Reading

March 09, 2023

Van Hollen and Cardin Join Baldwin, Blumenthal and 45 Colleagues in Introducing Legislation to Restore and Protect Americans’ Right to an Abortion Nationwide

U.S. Senators Chris Van Hollen and Ben Cardin (both D-Md.) along with Senators Tammy Baldwin (D-Wis.) and Richard Blumenthal (D-Conn.) joined 45 members of the Senate Democratic caucus Wednesday in introducing the Women's Health Protection Act of 2023, federal legislation to guarantee access to abortion, everywhere across the country and restore the right to comprehensive reproductive health care for millions of Americans. The bill's introduction follows the Supreme Court's misguided decision … Continue Reading

March 09, 2023

Team Maryland Calls on President Biden to Fulfill His Commitment to Equity for Underserved Communities with FBI Headquarters Site Selection

Following congressionally directed consultations with the General Services Administration and Federal Bureau of Investigation, Maryland Governor Wes Moore, Lieutenant Governor Aruna Miller, U.S. Senators Chris Van Hollen and Ben Cardin, Prince George's County Executive Angela Alsobrooks and Congressmen Steny H. Hoyer, Dutch Ruppersberger, John Sarbanes, Kweisi Mfume, Jamie Raskin, David Trone and Glenn Ivey wrote to President Joe Biden urging him to ensure the GSA has a fair system in place … Continue Reading

March 08, 2023

Van Hollen, Shaheen, Collins Introduce Bipartisan Resolution Recognizing International Women’s Day 2023

U.S. Senator Chris Van Hollen (D-Md.) joined Senators Jeanne Shaheen (D-N.H.) and Susan Collins (R-Maine) in introducing a resolution to recognize March 8, 2023 as International Women's Day. The resolution celebrates the achievements of women and girls around the globe and underscores the significant barriers that still stand in the way of women's full equality and empowerment. Joining Senators Shaheen and Collins in addition to Senator Van Hollen are Senators Baldwin (D-Wis.), Duckworth … Continue Reading

March 07, 2023

Van Hollen, Cardin, Trone Introduce Bicameral “TRUE EQUITY Act” to Strengthen Federal-State-Local Educational Partnerships

Today, U.S. Senator Chris Van Hollen joined Senator Ben Cardin and Congressman David Trone along with Representatives Steny Hoyer, Dutch Ruppersberger, John Sarbanes, Kweisi Mfume, Jamie Raskin and Glenn Ivey (all D-Md.) to announce the introduction of legislation that would provide an additional $1.4 billion in federal grant funding for states and local communities that commit to transformative policy changes and allocated significant additional resources to address education inequities. … Continue Reading

March 07, 2023

Maryland Congressional Delegation Members Push FCC for Improved Broadband Mapping to Ensure High-Speed Internet Access for More Marylanders

Today, U.S. Senators Chris Van Hollen and Ben Cardin and Congressmen Steny H. Hoyer, Dutch Ruppersberger, John Sarbanes, Kweisi Mfume, Jamie B. Raskin, David Trone, and Glenn Ivey (all D-Md.) sent a letter urging the Federal Communications Commission (FCC) to update and improve Maryland's broadband mapping data based on the Office of Statewide Broadband's comments on the National Broadband Map. As required by the Broadband Deployment Accuracy and Technological Availability Act (Broadband DATA … Continue Reading

March 03, 2023

Congressional Members Announce $7 Million in Federal Funding for Maryland Universities to Invest in Improving Transportation Research and Development

Today, U.S. Senators Chris Van Hollen and Ben Cardin and Congressmen Steny H. Hoyer, Dutch Ruppersberger, John Sarbanes, Kweisi Mfume, Jamie B. Raskin, David Trone, and Glenn Ivey (all D-Md.) announced $7,000,000 in Infrastructure Investment and Jobs Act funding for three Maryland-based University Transportation Centers to advance cutting-edge transportation research and education. This funding from the U.S. Department of Transportation will support state-of-the-art transportation research and … Continue Reading

March 02, 2023

Van Hollen, Warren, Marshall Lead Bipartisan Call for Crypto Exchange Binance to Provide Transparency about Potentially Illegal Business Practices

U.S. Senators Chris Van Hollen (D-Md.), Elizabeth Warren (D-Mass.), and Roger Marshall (R-Kan.) sent a bipartisan letter to the world's largest crypto exchange, Binance, and its U.S. affiliate, Binance.US, asking for answers about the company's finances, risk management, and regulatory compliance as it faces investigations into potential crimes - including sanctions evasion, money laundering, and unlicensed money transmission. The letter comes amid the fallout from the FTX collapse, which … Continue Reading

March 02, 2023

Van Hollen, Schatz, Kilmer Reintroduce Legislation to Protect Federal Workers, Contractors, their Families from Losing their Homes, Falling Behind on Bills During Shutdown, Debt Default

Today, U.S. Senator Chris Van Hollen (D-Md.) joined Senator Brian Schatz (D-Hawai'i) and U.S. Representative Derek Kilmer (D-Wash.) in reintroducing legislation to protect federal workers and their families from foreclosures, evictions, and loan defaults during a government shutdown. The Federal Employee Civil Relief Act would enable government employees and contractors to postpone payment obligations during a shutdown or debt default and for 30 days afterward. During the December 2018 … Continue Reading

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