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Banking

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Kennedy raises concerns about flood insurance and FEMA’s cost hikes

June 16, 2022 | Banking, Bringing Flood Insurance into the 21st Century, National Flood Insurance Program, Press Releases

Watch Kennedy’s exchange here.WASHINGTON – Sen. John Kennedy (R-La.) today questioned witnesses in the Senate Banking Hearing about FEMA’s Risk Rating 2.0 plan and why FEMA refuses to let...

Kennedy joins Republican colleagues in opposing SEC’s move to overregulate farmers, ranchers

June 13, 2022 | Agriculture, Banking, Energy, Press Releases

WASHINGTON—Sen. John Kennedy (R-La.) today joined Sens. John Hoeven (R-N.D.) and Tim Scott (R-S.C.), in addition to 29 other colleagues, in opposing a proposed rule from the Securities and Exchange...

Kennedy, colleagues introduce INDEX Act to return shareholder voting power to individual investors

May 18, 2022 | Banking, Press Releases

WASHINGTON — Sen. John Kennedy (R-La.) today joined Sen. Dan Sullivan (R-Alaska) and Republican colleagues in introducing the Investor Democracy is Expected (INDEX) Act to address problems stemming...

House passes Kennedy bill to help small business owners buy, sell, merge Main Street firms

May 12, 2022 | Banking, Fighting for Jobs in Louisiana, Jobs and the Economy, Press Releases, Small Business

WASHINGTON – The House has passed Sen. John Kennedy’s (R-La.) Small Business Mergers, Acquisitions, Sales and Brokerage Simplification Act, which would help small business owners access the...

Kennedy introduces bill to deter executives of foreign companies from insider trading at the expense of American investors

May 3, 2022 | Banking, National Security, Press Releases

WASHINGTON – Sen. John Kennedy (R-La.) today introduced the Holding Foreign Insiders Accountable Act to hold the executives of foreign companies that are traded on U.S. stock exchanges to the...

Kennedy, Cramer condemn SEC’s attack on energy industry, First Amendment

April 5, 2022 | Banking, Energy, First amendment, Press Releases

WASHINGTON – Sen. John Kennedy (R-La.), a member of the Senate Banking Committee, today joined Sen. Kevin Cramer (R-N.D.) and more than 15 other senators in urging Securities and Exchange...

Kennedy joins banking Republicans in rolling out capital formation legislation to mark 10th anniversary of JOBS Act

April 4, 2022 | Banking, Fighting for Jobs in Louisiana, Jobs and the Economy, Press Releases

WASHINGTON – Sen. John Kennedy (R-La.) today joined Republican members of the Senate Banking Committee in unveiling a draft package of bills that would accelerate America’s economic growth. The...

Kennedy, Senate Banking Republicans raise concerns over Raskin’s evasiveness

March 3, 2022 | Banking, Press Releases

WASHINGTON – Sen. John Kennedy (R-La.) joined Sen. Thom Tillis (R-N.C.) and other members of the Senate Banking Committee in writing to President Biden to express concern over his nomination of...

Kennedy introduces RETURN Act to remedy IRS tax return backlog

March 2, 2022 | Banking, Press Releases

WASHINGTON – Sen. John Kennedy (R-La.) today introduced the Require Employees To Uniformly Return Now (RETURN) Act to require teleworking Internal Revenue Service (IRS) employees to return to...

Kennedy presses Yellen to return more than $26 billion in savings bonds to rightful owners

February 2, 2022 | Banking, Press Releases

WASHINGTON – Sen. John Kennedy (R-La.) today urged Treasury Secretary Janet Yellen to help Americans claim more than $26 billion in unredeemed savings bonds, including $337 million that belong...

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