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Banking

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Kennedy, Crapo introduce bill to return stolen COVID unemployment money to taxpayers

May 12, 2023 | Banking, Budget, Fighting for Jobs in Louisiana, Getting America’s Fiscal House in Order, Health Care, Health Care, Not Obamacare, Jobs and the Economy, Press Releases

WASHINGTON – Sen. John Kennedy (R-La.) and Sen. Mike Crapo (R-Idaho) introduced the Chase COVID Unemployment Fraud Act of 2023 to recover stolen COVID unemployment money and return it to...

Kennedy questions FEMA official responsible for Risk Rating 2.0: What’s the point of flood insurance if nobody can afford it?

May 5, 2023 | Banking, Bringing Flood Insurance into the 21st Century, National Flood Insurance Program, Press Releases

Watch Kennedy’s full remarks here.WASHINGTON – Sen. John Kennedy (R-La.), a member of the Senate Banking Committee, questioned Roy Wright, the President and Chief Executive Officer of the...

ICYMI: Kennedy, Van Hollen in WSJ: Foreign Companies Should Have to Play by the Same Rules

April 17, 2023 | Banking, China, Fighting for Jobs in Louisiana, Foreign Relations, Freedoms and values, Jobs and the Economy, National Security, Press Releases

WASHINGTON – Sens. John Kennedy (R-La.) and Chris Van Hollen (D-Md.) penned this op-ed in the Wall Street Journal about the need for Congress to hold the executives of foreign...

Kennedy, Van Hollen introduce bill to block foreign executives from insider trading at Americans’ expense

April 17, 2023 | Banking, China, Press Releases

WASHINGTON – Sens. John Kennedy (R-La.) and Chris Van Hollen (D-Md.), members of the Senate Banking Committee, today introduced the Holding Foreign Insiders Accountable Act to hold executives...

Kennedy, Thune, colleagues introduce bill to repeal the death tax, promote passage of family businesses to next generation

April 3, 2023 | Banking, Press Releases

WASHINGTON – Sen. John Kennedy (R-La.), Sen. John Thune (R-S.D.) and dozens of other Republican senators introduced the Death Tax Repeal Act of 2023 to permanently repeal the federal estate...

Kennedy: Fed knew Silicon Valley Bank had a problem

March 28, 2023 | Banking, Press Releases

View Kennedy’s full questioning here.WASHINGTON – Sen. John Kennedy (R-La.) today questioned Michael Barr, Vice Chair for Supervision of the Board of Governors of the Federal Reserve System,...

Kennedy, colleagues introduce resolution to stop Biden admin from transferring student loan debt to taxpayers

March 27, 2023 | Banking, Fighting for Jobs in Louisiana, Jobs and the Economy, Press Releases

WASHINGTON – Sen. John Kennedy (R-La.) today joined Sens. Bill Cassidy (R-La.), John Cornyn (R-Texas), Joni Ernst (R-Iowa) and more than 30 other Republicans in introducing a joint resolution...

Kennedy, Banking Republicans seek answers from Federal Reserve about SVB mismanagement

March 24, 2023 | Banking, Press Releases

MADISONVILLE, La. – Sen. John Kennedy (R-La.), a member of the Senate Banking Committee, joined Ranking Member Sen. Tim Scott (R-S.C.) in seeking further information from the Federal Reserve...

Kennedy: Silicon Valley Bank failure result of Biden regulators

March 22, 2023 | Banking, Press Releases

View Kennedy’s full remarks here.WASHINGTON – Sen. John Kennedy (R-La.) spoke on the Senate floor today about the danger that President Biden’s budget presents to the U.S. economy and about the...

Kennedy: Three ways Biden’s bank bailout could have been avoided

March 15, 2023 | Banking, Press Releases

Watch Kennedy’s comments here.WASHINGTON – Sen. John Kennedy (R-La.), a member of the Senate Banking Committee, today spoke on the Senate floor about the Biden administration’s response to...

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