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Banking

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Kennedy introduces bill to stop banks from discriminating against American businesses based on politics

May 26, 2021 | Banking, Other, Press Releases

WASHINGTON – Sen. John Kennedy (R-La.) today introduced the No Red and Blue Banks Act, which would prohibit the federal government from entering contracts with banks that discriminate against...

Kennedy introduces SPAC Act to increase transparency surrounding blank-check companies

April 29, 2021 | Banking, Press Releases

WASHINGTON – Sen. John Kennedy (R-La.) today introduced the Sponsor Promote and Compensation (SPAC) Act, which would provide greater transparency for investors involved with Special Purpose...

Kennedy, senators introduce bill to protect investors’ privacy, prohibit SEC database

April 19, 2021 | Banking, Press Releases

WASHINGTON – Sen. John Kennedy (R-La.), a member of the Senate Banking Committee, and fellow senators today introduced the Protecting Investors’ Personally Identifiable Information Act, which...

Kennedy calls for Senate Banking hearing to examine changes to National Flood Insurance Program

April 16, 2021 | Banking, Bringing Flood Insurance into the 21st Century, National Flood Insurance Program, Press Releases

MADISONVILLE, La. – Sen. John Kennedy (R-La.), member of the Senate Banking Committee, wrote to committee Chairman Sherrod Brown (D-Ohio), calling for a hearing to examine Risk Rating 2.0, a...

Kennedy urges Yellen to abandon plan to send billions to hostile dictators via IMF allocation

April 13, 2021 | Banking, Press Releases

WASHINGTON – Sen. John Kennedy (R-La.) today urged U.S. Treasury Secretary Janet Yellen to abandon the department’s plan to allocate $650 billion in special drawing rights (SDR) to foreign...

Kennedy, Cramer introduce legislation to prevent discrimination by financial service providers

March 3, 2021 | Banking, Press Releases

WASHINGTON – Sen. John Kennedy (R-La.), a member of the Senate Banking Committee, and Sen. Kevin Cramer (R-N.D.) today introduced the Fair Access to Banking Act, which would prevent...

Kennedy, Braun introduce legislation to prohibit EXIM from financing companies with delinquent tax debt

February 25, 2021 | Banking, Press Releases

WASHINGTON – Sens. John Kennedy (R-La.) and Mike Braun (R-Ind.) today introduced legislation that would prohibit the Export-Import Bank (EXIM) from providing loans to individuals and companies...

Kennedy, Banking members urge SEC to block NASDAQ’s proposed diversity quota

February 12, 2021 | Banking, Budget, Getting America’s Fiscal House in Order, Press Releases

WASHINGTON – Sen. John Kennedy (R-La.), a member of the Senate Banking Committee, joined Ranking Member Pat Toomey (R-Pa.) and Republican committee members in urging the Securities and Exchange...

President signs Kennedy’s bill to protect Americans from fraudulent foreign companies into law

December 18, 2020 | Banking, Fighting for Jobs in Louisiana, Freedoms and values, Jobs and the Economy, Press Releases, Small Business

WASHINGTON – President Donald Trump today signed into law Sen. John Kennedy’s (R-La.) bill to protect American investors and their savings from foreign companies that operate on U.S. stock...

Kennedy, Cramer, colleagues call on administration to wave tax filing penalties for those delayed by COVID-19

December 17, 2020 | Banking, Fighting for Jobs in Louisiana, Jobs and the Economy, Other, Press Releases, Small Business

WASHINGTON – Sens. John Kennedy (R-La.) and Kevin Cramer (R-N.D.), Senate Banking Committee members, led a bipartisan letter to Treasury Secretary Steven Mnuchin and Internal Revenue...

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