Media
Latest News
Van Nuys, CA. - Congressman Brad Sherman on Monday told Angelenos how to find out about old undelivered tax refunds, as many rushed to meet the deadline for filing tax returns.
According to the latest figures, over 6,435 Angelenos were sent Internal Revenue Service (IRS) refunds which remain undelivered. While the average undelivered IRS refund nationwide is $871, one Southern Californian stands to collect $60,632. Sherman will cosponsor legislation which will require the IRS to do more to find the owners of undelivered refunds nationwide.
Washington, D.C. - The House on Wednesday passed legislation authored by Congressman Brad Sherman to name a post office for John R. Wooden, the legendary UCLA basketball coach who lives in the San Fernando Valley.
œWe are proud that one of our Valley neighbors is the greatest coach of all time in any sport, Sherman said after the House approved his legislation to name the Reseda Post Office the Coach John Wooden Post Office.
Washington, D.C. - A House panel Thursday approved legislation by Congressman Brad Sherman to name a Valley post office after UCLA basketball coach John Wooden, a long-time San Fernando Valley resident.
œWith the Bruins once again in the Final Four, the timing couldnt be better, Sherman said. œIts now time for full-court press to dunk this bill through the last legislative hoops.
Washington, D.C. - Federal Reserve Chairman Ben S. Bernanke on Tuesday issued the following written response to a question from Congressman Brad Sherman about a loophole that lets commercial firms buy industrial banks.
œ¦The Board has encouraged Congress to review the exemption in current law that allows a commercial bank to acquire an FDIC-insured industrial bank (ILC) chartered in certain states without regard to the limits Congress has established to maintain the separation of banking and commerce, he said.
Washington, D.C. - Congressman Brad Sherman said Thursday that House Speaker J. Dennis Hastert falsely lumped him among supporters of the so-called Patriot Act.
œThe speaker should be ashamed of his ham-handed effort to score cheap political points, Sherman said.
In a March 13 press release, Hastert listed Sherman among Democrats who the speaker claimed had œvoted with House Republicans in favor of the Patriot Act.
Washington, D.C. - Congressman Brad Sherman will host a town hall meeting on Sunday, March 26 at Reseda High School.
These popular meetings often attract crowds of several hundred constituents. They are an opportunity for San Fernando Valley residents to hear from Sherman on the Medicare prescription drug program, Social Security, education, and other issues before Congress. The congressman also will take questions from constituents on other federal and community issues.
WASHINGTON" Congressmen Brad Sherman and 38 other members of Congress on Friday told federal bank regulators that a bank owned by Wal-Mart would undermine the nations financial system.
In a letter to Martin Gruenberg, acting chairman of the Federal Deposit Insurance Corp., the congressmen said Wal-Mart's application to open a bank in Utah should be rejected.
œThe mixing of banking and commerce has been terrible for the Japanese economy, and it is a practice we should not start here,Sherman said.
Washington, D.C. - Congressman Brad Sherman on Wednesday, speaking at a House hearing on the proposed takeover of terminal operations at six United States ports by a Dubai company, demanded that the UAE prohibit œcontributions by its citizens to Hamas and other organizations listed on the U.S. State Department terrorist list.
Sherman also demanded that the state-owned Dubai Ports World, and the UAE cease participation in a boycott of Israel.
Washington, D.C. - Congressman Brad Sherman on Saturday helped mark the opening of a Lake View Terrace branch of the Pacoima Development Federal Credit Union.
The congressman joined Los Angeles City Councilman Alex Padilla and leaders of the Valley Economic Development Center at an open house. A member of the U.S. House Financial Services Committee, Sherman helped the credit union obtain its charter to serve the northeastern San Fernando Valley.
The federal budget deficit is projected to soar to an all-time high of $423 billion by the end of this fiscal year, the White House recently announced.
You couldnt run your business that way, of course, but its different when the business you run is in the business of printing money. That still doesnt make it right.
By squandering budget surpluses President Bush inherited, he has turned lemonade into a lemon. He took a budget that had a $236 billion surplus the year before he took office and plunged it year after year deeper and deeper into a sea of red ink.