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Banking

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Kennedy, Banking Republicans call on president to rebuke FDIC coup attempt

December 17, 2021 | Banking, Press Releases

WASHINGTON – Sen. John Kennedy (R-La.), Sen. Pat Toomey (R-Pa.) and other Senate Banking Committee Republicans called on President Joe Biden to rebuke Consumer Financial Protection Bureau...

Kennedy to Yellen: How much debt is too much? I’m looking for a number.

November 30, 2021 | Banking, Press Releases

Watch Kennedy’s exchange with Yellen here.WASHINGTON—Sen. John Kennedy (R-La.) today asked U.S. Treasury Secretary Janet Yellen about the danger of increasing America’s debt through Democrats’...

Kennedy questions Biden nominee on membership in communist organization

November 18, 2021 | Banking, Freedoms and values, Press Releases

Watch Kennedy’s questioning here. WASHINGTON – Sen. John Kennedy (R-La.) today questioned President Biden’s nominee for Comptroller of the Currency Saule Omarova on her membership in a...

Kennedy, Boozman, colleagues denounce misguided USPS program that threatens to make mail delivery worse

November 15, 2021 | Banking, Other, Press Releases

WASHINGTON – Sen. John Kennedy (R-La.) today joined Sen. John Boozman (R-Ark.) and colleagues in writing to the postmaster general to condemn a U.S. Postal Service (USPS) pilot program that...

Kennedy: IRS proposal for Americans’ bank accounts is about control

October 19, 2021 | Banking, Funding Flood Recovery, Not Government Bureaucracy, Hurricanes and flooding, Press Releases

Watch Kennedy’s comments here.WASHINGTON – Sen. John Kennedy (R-La.), a member of the Senate Banking Committee, today explained the danger of the Biden administration’s plan to require...

Kennedy, Scott, colleagues oppose Democrat plan that would make SBA direct lender, hurt job creators

October 6, 2021 | Banking, Press Releases

WASHINGTON – Sen. John Kennedy today joined Sen. Tim Scott (R-S.C.) and more than 10 other senators in writing to Senate Majority Leader Chuck Schumer (D-N.Y.), House Speaker Nancy Pelosi...

Kennedy introduces bill to help Louisianians claim $337 million in unredeemed savings bonds

September 27, 2021 | Banking, Press Releases

WASHINGTON – Sen. John Kennedy (R-La.) today introduced the Unclaimed Savings Bond Act of 2021 to help Americans claim more than $26 billion in unredeemed savings bonds, including $337 million...

Senate adopts Kennedy amendment to preserve like-kind exchanges that benefit Middle America

August 11, 2021 | Banking, Other, Press Releases

Watch Kennedy’s comments here.WASHINGTON – Sen. John Kennedy (R-La.) offered an amendment to the Senate budget resolution that would prohibit any changes to the treatment of...

ICYMI: Biden must act as Beijing targets U.S. savings

August 5, 2021 | Banking, National Security, Other, Press Releases

WASHINGTON – Sen. John Kennedy (R-La.) authored this op-ed for National Review, calling on President Biden to protect American savings from Chinese companies evading U.S. stock market...

Kennedy introduces amendment to help Americans claim $28 billion in unredeemed savings bonds

August 3, 2021 | Banking, Children & Families, Other, Press Releases

WASHINGTON – Sen. John Kennedy (R-La.) today introduced an amendment to the Senate infrastructure bill to help Americans claim almost $28 billion in unredeemed savings bonds. “This money...

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