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Banking

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Kennedy on Risk Rating 2.0: “FEMA lied”

January 25, 2024 | Banking, Bringing Flood Insurance into the 21st Century, Funding Flood Recovery, Not Government Bureaucracy, Hurricanes and flooding, National Flood Insurance Program, Press Releases

Watch Kennedy’s comments here.WASHINGTON – Sen. John Kennedy (R-La.) today spoke in the Senate Banking Committee about the Federal Emergency Management Agency’s (FEMA) Risk Rating 2.0...

Kennedy, Scott, Banking Republicans renew push for regulators to abandon Basel III Endgame proposal

January 17, 2024 | Banking, Press Releases

MADISONVILLE, La. – Sen. John Kennedy (R-La.), a member of the Senate Banking Committee, joined Sen. Tim Scott (R-S.C.) and all Senate Banking Republicans in urging regulators to withdraw the Basel...

Kennedy attempts to overcome Biden veto of resolution blocking invasive, woke CFPB rule

January 10, 2024 | Banking, Press Releases

Watch Kennedy’s full comments here.WASHINGTON – The Senate today attempted to overcome President Joe Biden’s veto of Sen. John Kennedy’s (R-La.) Congressional Review Act (CRA) resolution of...

Biden vetoes Kennedy resolution to reverse CFPB rule requiring banks to collect race, ethnicity, sex data

December 20, 2023 | Banking, Fighting for Jobs in Louisiana, Freedoms and values, Jobs and the Economy, Press Releases, Small Business

MADISONVILLE, La. – President Joe Biden has vetoed Sen. John Kennedy’s (R-La.) Congressional Review Act (CRA) resolution of disapproval, which would have prohibited the Biden administration’s...

Kennedy, Warner introduce bill to protect American investments from AI manipulation

December 19, 2023 | Banking, Data Privacy, Fighting for Jobs in Louisiana, Jobs and the Economy, Press Releases

WASHINGTON – Sen. John Kennedy (R-La.) joined Sen. Mark Warner (D-Va.) in introducing the Financial Artificial Intelligence Risk Reduction Act. The bill would require the Financial Stability...

Kennedy in The Hill: It’s time for FDIC Chair Gruenberg to Resign

December 18, 2023 | Banking, Press Releases

WASHINGTON – Sen. John Kennedy (R-La.), a member of the Senate Banking Committee, penned this op-ed in The Hill calling for Federal Deposit Insurance Corporation (FDIC) Chair Martin Gruenberg...

Kennedy, Brown introduce Close the Shadow Banking Loophole Act to ensure fair banking system

December 15, 2023 | Banking, Press Releases

WASHINGTON – Sen. John Kennedy (R-La.) joined Sen. Sherrod Brown (D-Ohio) in introducing the Close the Shadow Banking Loophole Act to close loopholes that would allow commercial companies to...

Kennedy, Budget Committee Republicans urge Whitehouse to use hearings to address economic challenges

December 6, 2023 | Banking, Budget, Getting America’s Fiscal House in Order, Press Releases

WASHINGTON – Sen. John Kennedy (R-La.), a member of the Senate Budget Committee, joined Sens. Chuck Grassley (R-Iowa) and Rick Scott (R-Fla.) in urging committee...

House passes Kennedy resolution to reverse Biden CFPB rule requiring banks to collect race, ethnicity, sex data

December 1, 2023 | Banking, Press Releases

Watch Kennedy’s comments when the Senate passed the legislation in October here.WASHINGTON – The House of Representatives today passed Sen. John Kennedy’s (R-La.) Congressional Review...

Kennedy calls on FDIC Chair Gruenberg to resign

November 16, 2023 | Banking, Press Releases

Watch Kennedy’s full exchange with Gruenberg here.WASHINGTON – Sen. John Kennedy (R-La.), a member of the Senate Banking Committee, today urged Federal Deposit Insurance Corporation (FDIC)...

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