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Jun 19, 2018
06/18
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one would be the crapo crapo-whitehouse-risch amendment that we just described. the second would be the baldwin-portman amendment which has been considered. hopefully we'll have other appropriations amendments during the day, and i would encourage senators and their staffs to file tonight, if at all possible, the amendments they have to these three appropriations bills because the majority leader has said he would like to finish our work this week. now, while there's an opportunity for amendment, as senators know, most amendments that senators could think of have already been dealt with because the subcommittee -- and i just speak from experience of our own subcommittee on the energy and water subcommittee -- and then the full appropriations committee which includes 31 senators -- have heard, in our case, from 83 different members of the senate on both sides of the aisle. so we've had their suggestions, just as in the case of senator whitehouse's idea about pilot program for advanced reactor fuel. we already heard from him about that and from senator crapo and se
one would be the crapo crapo-whitehouse-risch amendment that we just described. the second would be the baldwin-portman amendment which has been considered. hopefully we'll have other appropriations amendments during the day, and i would encourage senators and their staffs to file tonight, if at all possible, the amendments they have to these three appropriations bills because the majority leader has said he would like to finish our work this week. now, while there's an opportunity for...
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Jun 19, 2018
06/18
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crapo: you are telling us you found bias. those you found bias among said we didn't -- it didn't bleed into our work performance in you have not found evidence to disprove that. -- and you have not found evidence to disprove that. mr. horowitz: [indiscernible] sen. crapo: let me go back to you. appendix g and h to see graphically what is you are talking about. although i accept what you say, director, this is not a reflection in thon the entire f.b.i., this is a big deal in terms of numbers and the issues at stake. director, you have adopted a new ruling in november? what is that? the mostwray: important of which is to make clear that only a select number of people within the organization are allowed to talk to the media without permission. mediay contacts from the to anyone else have to get reported. that way, someone does not say, they contacted me and i didn't know. i want to make sure everyone understands the rules are so if we find violations, it makes them much more efficient. sen. crapo: and there will be penalties, wh
crapo: you are telling us you found bias. those you found bias among said we didn't -- it didn't bleed into our work performance in you have not found evidence to disprove that. -- and you have not found evidence to disprove that. mr. horowitz: [indiscernible] sen. crapo: let me go back to you. appendix g and h to see graphically what is you are talking about. although i accept what you say, director, this is not a reflection in thon the entire f.b.i., this is a big deal in terms of numbers and...
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Jun 5, 2018
06/18
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been working together wi depth thetment of justice and the department of defense and others senator crapo and i will be going to the white house this afternoon to visit with the president. it is not a trade issue but national security issue directed at the most egregious offender of this process, which is china and i believe it is something that is very important in national security coming out with the banking committee with unanimous vote with the defense authorization bill and that will be passed along without bill by next week. >> the may jobs report highlighted the great progress to get back on track so look at the numbers of the unemployment rate was the lowest in 40 years in half a century to see the numbers we see today. wage growth the fastest in ten years and the time someone is unemployed is the shortest since 2009. look since tax reform passed we created 1 million new jobs and 3.6 million new since the president took office. our pro job and pro-worker worker agenda is working for the american people and it doesn't happen by accident or chance because we have made a diligent ef
been working together wi depth thetment of justice and the department of defense and others senator crapo and i will be going to the white house this afternoon to visit with the president. it is not a trade issue but national security issue directed at the most egregious offender of this process, which is china and i believe it is something that is very important in national security coming out with the banking committee with unanimous vote with the defense authorization bill and that will be...
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Jun 5, 2018
06/18
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kevin: mike crapo will be here along with senator cornyn and with president trump, particularly aboutis trade policies and how he is using his authority and the issue of national security, as well as trying to walk back some trade restrictions on telecom giant from china zte. the senate banking committee, of which senator crapo is the on aman, pass legislation vote that would make it more difficult for president trump to walk back those restrictions on te. and the white house feel adamantly they would be able to use wilbur ross to enact whatever kind of framework they want to one trade. whost ied a senator feels the president is going a bit too far with using the argument of national security to accomplish these trade agendas. shery: he is not the only one feeling that way. koch launching a multimillion dollar campaign against the president's tariffs. we had leaders about -- headlines about one of its leaders, david koc no means a is by centrist organization, so for them to be aggressively arguing against these policies, senator mike leigh arguing aggressively against these policies a
kevin: mike crapo will be here along with senator cornyn and with president trump, particularly aboutis trade policies and how he is using his authority and the issue of national security, as well as trying to walk back some trade restrictions on telecom giant from china zte. the senate banking committee, of which senator crapo is the on aman, pass legislation vote that would make it more difficult for president trump to walk back those restrictions on te. and the white house feel adamantly...
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Jun 4, 2018
06/18
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in 2014, senator crapo mentioned thatas the year t data brch. that was the year tegheatory agencies, the banking regulatory agencies like the fdic and national credit union administration and others, put out a policy statement saying u're one of our regulated f entities, and you need to belong to fsisac. when that happened, we referred that to the member tsunami. we had 200 companies join that year. we've been growing every since. when i started, we had 200 mes006. in the las years.krowth >> thank you. i know my time has run out. thank you very much. >> senator jones. >> thank you, mr. chairman. thank you to all the wnesses for being here. i agree that all of a sudden re is some element of eing up cybersecurity. it doesn't matter what c i'm o it touches evytng. i think you guys touched on this before i got here. that is the cyber work force and trying to keep pace with the demand. in alabama, we have auburn university, which has an incredible facility, their cyber research center. university of alabama in huntsville has one. we're doing our shar
in 2014, senator crapo mentioned thatas the year t data brch. that was the year tegheatory agencies, the banking regulatory agencies like the fdic and national credit union administration and others, put out a policy statement saying u're one of our regulated f entities, and you need to belong to fsisac. when that happened, we referred that to the member tsunami. we had 200 companies join that year. we've been growing every since. when i started, we had 200 mes006. in the las years.krowth...
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Jun 14, 2018
06/18
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interests wag in 2014 senator crapo mentioned that was the year of the data breach. that was also year that the ffic, which is the regulatory agencies, the banking regulatory agencies like the fdic and occ and even the national administration and others put out a policy statement saying you should share information if you're one of our regulated entities and you need to believe to fsisac. >> which stands for. >> financial services information services and sharing center. we referred to that as the information tsunami. we had 2,200 companies and it's been growing. we had 200 members in 2006 and it's just been a hockey stick growth the last few years. >> thank you. i know my time has run out. thank you very much. >> senator jones. >> thank you, mr. chairman, and thank you to all the witnesses for being here. i agree that all of a sudden this -- everything that i'm seeing up here there is some element of cyber security. it doesn't matter what committee i'm on. it touches everything, and i think you guys touched on this before i got here, and that is the cyber workforce
interests wag in 2014 senator crapo mentioned that was the year of the data breach. that was also year that the ffic, which is the regulatory agencies, the banking regulatory agencies like the fdic and occ and even the national administration and others put out a policy statement saying you should share information if you're one of our regulated entities and you need to believe to fsisac. >> which stands for. >> financial services information services and sharing center. we referred...
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Jun 13, 2018
06/18
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share chairman crapo and ranking members of the committee inviting me to speak today. i don't have one of the timers so cut me off. >> if you hear this sound that means the bell range. >> i'll discuss the topics you mentioned already. cyber risk to increase cyber readiness and what more needs to be done by the private sector and government to help protect companies and business and consumers information. as you mentioned, in the intro, i've been ceo of this since 2006. and have seen major changes occur in the last 12 years. i this i the biggest change has been the growing sophistication of cyber attacks and threats. in response, they have made significant investment in cyber defenses and has come together as a community to back make teary sill enmake -- major resilience efforts. today it receives tremendous benefit from that relationship. improve detepgntion and threatso the risks. as a way of background, it is a nonprofit organization. we've been around since 1999. and formal mission is in the written testimony chlt if i can sum it up in a few words, it's really to pr
share chairman crapo and ranking members of the committee inviting me to speak today. i don't have one of the timers so cut me off. >> if you hear this sound that means the bell range. >> i'll discuss the topics you mentioned already. cyber risk to increase cyber readiness and what more needs to be done by the private sector and government to help protect companies and business and consumers information. as you mentioned, in the intro, i've been ceo of this since 2006. and have seen...
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Jun 15, 2018
06/18
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for her areas of low pressure swirling away we've got some live to showers big oil as well little crapo storms a little further north you notice just into the policy you cry the scenarios of potent pushing into that western side or russia then we got a call from just about the baltic states sliding down across germany behind that that's who got some cooler and fresher weather pushing through this could be the case as we go on through the next couple of days so we're struggling to get eighteen celsius in london what a breezy day there showers rattling for a not quite as windy as it was missed with a week of course when still act made its way through there's a fine weather the dry weather the lovely weather third. she won so she's for madrid on saturday could be a touch warmer to go on through sunday hifi the the breeze easing back across the miles and scoff and a few showers that ensue and shells continue to central southeast impalas if you're the be some showers into greece not too bad for moscow twenty five degrees celsius with warm sunshine really hot sunshine across no the piles of a
for her areas of low pressure swirling away we've got some live to showers big oil as well little crapo storms a little further north you notice just into the policy you cry the scenarios of potent pushing into that western side or russia then we got a call from just about the baltic states sliding down across germany behind that that's who got some cooler and fresher weather pushing through this could be the case as we go on through the next couple of days so we're struggling to get eighteen...
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Jun 15, 2018
06/18
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>> yes chairman crapo first of all thank you very much. we have made that statement to the financial division and we have made that statement publicly and in regard to the overall implementation we have created a critical path document that i have in my possession were we apartness resources within the agency. we have identified items that can be done within the agency and the ones that required urgency and there is a process of discussing and creating teams to work on the interagency activity so we fully dedicate the necessary resources to achieve that objective. >> thank you. senator brown. >> thank you mr. chairman. you were asked if you believe discrimination exist and you said because you have never personally observed that you can't say that you have had friends from the inner-city tell you it exists and you believe them. when you're asked if you have ever read about discrimination you said that you did but the writers on the correct half the time and you said you don't read the newspapers. these are unbelievable statements for any a
>> yes chairman crapo first of all thank you very much. we have made that statement to the financial division and we have made that statement publicly and in regard to the overall implementation we have created a critical path document that i have in my possession were we apartness resources within the agency. we have identified items that can be done within the agency and the ones that required urgency and there is a process of discussing and creating teams to work on the interagency...
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Jun 27, 2018
06/18
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secretary of state mike crapo in washington d.c. the pair discussed the saudi and the u.a.e. led blockade against qatar which is now into its second year called on blockading countries to end the embargo two months ago shaikh mohammad bin abdul rahman tahnee says qatar is willing to meet with all feuding parties if a clear plan is made for the talks now the taxi hailing app is one an appeal to continue operating in london their license was revoked last september over the company's fail is to report serious criminal offenses and conduct background checks on drivers paul brennan has more from westminster magistrates court. as a business is a global disruptor turning the traditional taxi profession upside down and provoking protests bans and restrictions as it does it the company is now valued at more than seventy billion dollars and after starting with just three hundred u.k. drivers in two thousand and twelve now has sixty thousand u.k. drivers forty five thousand of them in london but it's had a confrontational relationship with the london regulator t.f. out the company boss
secretary of state mike crapo in washington d.c. the pair discussed the saudi and the u.a.e. led blockade against qatar which is now into its second year called on blockading countries to end the embargo two months ago shaikh mohammad bin abdul rahman tahnee says qatar is willing to meet with all feuding parties if a clear plan is made for the talks now the taxi hailing app is one an appeal to continue operating in london their license was revoked last september over the company's fail is to...
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Jun 28, 2018
06/18
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he's working with senator crapo and senator brown to work through some of these bills and see if there'ssome of these bills. if we can get a package together, we would like to probably see if we can get a vote on the floor before the first of august to give the -- some time.e senator mcconnell has promised a vote on it. so we have floor time in the senate. we just have to figure out if we can put a package together that will attract democrats to it that will get the 60. senators,g with the wewell as the chairman, said, if you don't like one of the bills of the 25, kick it out. that's 20 bills we have passed that will make a difference. i think it is important, whatever we can get, we will take. at the end of the day, we understand that it has to be noncontroversial and we intend to make it noncontroversial. but there are a lot of bills, they're not, controversial that they will take if they had the desire to and would make a big difference. david: one of the top contenders for the house financial services committee. we will bring you further interviews from other contenders in the coming
he's working with senator crapo and senator brown to work through some of these bills and see if there'ssome of these bills. if we can get a package together, we would like to probably see if we can get a vote on the floor before the first of august to give the -- some time.e senator mcconnell has promised a vote on it. so we have floor time in the senate. we just have to figure out if we can put a package together that will attract democrats to it that will get the 60. senators,g with the...
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Jun 18, 2018
06/18
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FBC
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impacts the credibility of the handling of the investigation and the what, we say here is not as senator crapoentioned is that there was no bias but rather, what we were asked to look at whether the specific decisions we reviewed were affected by bias and, those particular decisions here were, that we're talking about, were decisions made mostly by the prosecutors, not by any of the individuals you just indicated there, and where there was that concern, which was in october, where agent strzok was in fact a decision-maker, it is precisely why we found the concern we found. >> let me stop you. if i go now, i can get in one more question. >> go ahead. >> your classified index. >> yes. >> does it contain or discuss an email that refers to a conversation allegedly between attorney general lynch and a person by the name of amanda renteria? >> i'm not sure what i can say about that publicly given its, given the matter is classified. so i would ask you if i can get back to you on that. i'm hesitant to say anything in a public forum about that. >> would you allow our chairman and our ranking member to
impacts the credibility of the handling of the investigation and the what, we say here is not as senator crapoentioned is that there was no bias but rather, what we were asked to look at whether the specific decisions we reviewed were affected by bias and, those particular decisions here were, that we're talking about, were decisions made mostly by the prosecutors, not by any of the individuals you just indicated there, and where there was that concern, which was in october, where agent strzok...
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Jun 13, 2018
06/18
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we also have quite a lot of work to pmulgatules after s 2155, senator crapo bill passed, we have a lot of work to do for that. we have to see how we can assess and supervise, regulate fincial stability risks below that level. what am i net stable funding ratio is out there to be done. so a lot of work to do do. and if i it take this opportunity to say the financial system all but failed ten years ago. we went to work fwor ten years to strengthen it, stronger capital, strongeliquidity, ss testing, resolution planning. we want to keep all that stuff. we want make it even more effective and certainly more efficient chblt we want to taylor those for institutions. strongest to apply to the most systemic institutions. so we are finding out a lot of the way we can do for the smaller less systemic institutions, and that's a lot what we are working on right now. >> thank you. tu said at the beginning of your press conference that you hope to be more plan spoken. i want to know what you would say to workers who are worried these path the rate hikes that you laid out will under cut the wage growt
we also have quite a lot of work to pmulgatules after s 2155, senator crapo bill passed, we have a lot of work to do for that. we have to see how we can assess and supervise, regulate fincial stability risks below that level. what am i net stable funding ratio is out there to be done. so a lot of work to do do. and if i it take this opportunity to say the financial system all but failed ten years ago. we went to work fwor ten years to strengthen it, stronger capital, strongeliquidity, ss...
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Jun 18, 2018
06/18
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FOXNEWSW
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the credibility of the handling of the investigation and the -- what we say here is not, as senator crapo mentioned, which is that there was no bias, but rather what we were asked to look at is whether the specific decisions we reviewed were affected by bias. those particular decisions here were that we're talking about were decisions made mostly by the prosecutors, not by any of the individuals you just indicated. and where there was that concern, which was in october where agent strzok was in fact a decision maker, it's precisely -- >> let me stop you. if i go now, i can get in one more question. your classified mdex. >> yes. >> does it con taped or discussion and e-mail that refers to a conversation with attorney general lynch and a person by the name of amanda renterria? >> i'm not sure what i can say about that publicly given it's -- given the matter is classified. so i would ask you if i can get back to you on that. i'm hesitant to say anything in the public forum about that. >> would you allow our chairman and our ranking member to see the classified -- >> absolutely. what we're tr
the credibility of the handling of the investigation and the -- what we say here is not, as senator crapo mentioned, which is that there was no bias, but rather what we were asked to look at is whether the specific decisions we reviewed were affected by bias. those particular decisions here were that we're talking about were decisions made mostly by the prosecutors, not by any of the individuals you just indicated. and where there was that concern, which was in october where agent strzok was in...
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Jun 5, 2018
06/18
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senator john cornyn, senior republican in the sent -- senate takeike crapo are going to the lead on tellingdministration that they do not see a need for unilateralur on trade. they do not think this is the way to go about it. congress has legislation that could be enacted. there are concerns about an overreach. this is not the kind of thing the president and the administration should be doing on their own, they should be consulting congress more on trade matters. there is a fair amount of concern about that. and with the recent actions against the eu, canada, and mexico on the aluminum steel tariffs, there is going concern on capitol hill about the way these tariffs are being imposed. anna: the concern within his own party about how tariffs are being used, there is concern within the political establishment. to whereking our way g7 meeting. what is the latest? been a uniteds front. and condemnation of the tariffs, particularly the tariffs that were imposed that had been a reprieve for canada, mexico, and the eu and they were imposed on them as well as china. there is a great deal of concern
senator john cornyn, senior republican in the sent -- senate takeike crapo are going to the lead on tellingdministration that they do not see a need for unilateralur on trade. they do not think this is the way to go about it. congress has legislation that could be enacted. there are concerns about an overreach. this is not the kind of thing the president and the administration should be doing on their own, they should be consulting congress more on trade matters. there is a fair amount of...
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Jun 13, 2018
06/18
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this is a bipartisan amendment cosponsored by senators manchin, crapo, and capito. if passed, my amendment would ensure that each state maintains at least one military funeral honors coordinator which we hope will reduce the chances that these honors are not skipped in the future. i urge my colleagues and the committee to support amendment 2575 for inclusion in the managers' package and allow this amendment to move swiftly in the senate to help fulfill our promises to our veterans and to make sure they receive appropriate honors earned at the time of their passing. mr. president, i also want to speak about a topic i spoke about last week, and that's another of my amendments, amendment 2269 that i am proves upon the army's force structure stationing process and is sponsored by senators roberts as well as senator gillibrand and the minority leader, the democrat leader, senator schumer of new york. i again want to express my appreciation to the senate armed services committee for their diligence in authorizing appropriations for our armed forces in a thoughtful and del
this is a bipartisan amendment cosponsored by senators manchin, crapo, and capito. if passed, my amendment would ensure that each state maintains at least one military funeral honors coordinator which we hope will reduce the chances that these honors are not skipped in the future. i urge my colleagues and the committee to support amendment 2575 for inclusion in the managers' package and allow this amendment to move swiftly in the senate to help fulfill our promises to our veterans and to make...
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Jun 28, 2018
06/18
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i'm one of those working with my colleague, senator crapo from idaho, to make sure that provisions are in this bill that give the secretary more flexibility to help us on things like our fruit products and potato products from the pacific northwest. so i appreciate his help on helping make sure that this bill represents at least some of us who want to increase those opportunities for the future. washington state is the third-largest exporters of food and agricultural products in the united states, and our agriculture sector accounts for 13% of our economy annually. and we're proud to grow about 300 different types of products, nearly 40,000 farms, and as i said 164,000 washingtonians employed in that sector. so we continue to work to make sure that the type of research that's represented in this bill, in the r&d that's provided, in the great institutions in our state like washington state university providing good information for us our agriculture extension programs are funded and to make sure that conservation is an opportunity for our farmers so that they can continue to have resour
i'm one of those working with my colleague, senator crapo from idaho, to make sure that provisions are in this bill that give the secretary more flexibility to help us on things like our fruit products and potato products from the pacific northwest. so i appreciate his help on helping make sure that this bill represents at least some of us who want to increase those opportunities for the future. washington state is the third-largest exporters of food and agricultural products in the united...
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Jun 27, 2018
06/18
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3164, senator shaheen 3172, senator feinstein 3177, senator cornyn 3186, senator cantwell and senator crapo 3209, senator gardner again 3218, and senator grassley. i would only note this represents 18 amendments, including the substitute. extremely bipartisan. i have read republican, democrat, democrat, republican, all through these 18 amendments. we have proceeded that way in committee. we are proceeding this way on the floor. i would urge members to bring their amendments to the floor for consideration, and hopefully the amendments will be in the nature that we can consider them without controversy. i know that people have strong concerns about whatever amendment they would introduce, but again the ultimate goal is to do this quickly and to provide farmers certainty and predictability during this difficult time that they're going through. i hope members will keep that in mind with regards to any amendment they may consider. i yield the floor. mr. roberts: mr. president. the presiding officer: the senator from kansas. mr. roberts: i note the absence of a quorum. the presiding officer: the
3164, senator shaheen 3172, senator feinstein 3177, senator cornyn 3186, senator cantwell and senator crapo 3209, senator gardner again 3218, and senator grassley. i would only note this represents 18 amendments, including the substitute. extremely bipartisan. i have read republican, democrat, democrat, republican, all through these 18 amendments. we have proceeded that way in committee. we are proceeding this way on the floor. i would urge members to bring their amendments to the floor for...
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Jun 18, 2018
06/18
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we found it in text the credibility of the handling of the what we sayn and here is not, as senator crapo mentioned, which is that there rather, we were asked to look at whether the specific decisions we reviewed were affected by bias. and those particular decisions abouthat we are talking were decisions made mostly by the prosecutors, not by any of the individuals you indicated there. and where there was that concern, which was in october, where agent strzok was a decision-maker, it is precisely why we found -- >> let me stop you so i can get in one were questioned. your classified index, does it contain or discuss an email that refers to a conversation, allegedly, between attorney person bynch and a ?he name of amanda renteria i am not sure what i can say about that publicly given the matter is classified, so i would ask you if i can get back to you on that. i am hesitant to say anything and a public forum about that. ranking you allow our member ducey see the classified index? mr. horowitz: absolutely. do, we are trying to senator, is what ended up happening is, because of the nature o
we found it in text the credibility of the handling of the what we sayn and here is not, as senator crapo mentioned, which is that there rather, we were asked to look at whether the specific decisions we reviewed were affected by bias. and those particular decisions abouthat we are talking were decisions made mostly by the prosecutors, not by any of the individuals you indicated there. and where there was that concern, which was in october, where agent strzok was a decision-maker, it is...
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Jun 20, 2018
06/18
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crapo: mr. president. the presiding officer: the senator from idaho. mr. crapo: mr. president, in a few minutes, we are going to vote on the crapo-whitehouse amendment. i stand to support that amendment and encourage my colleagues all to vote in favor of it. i first want, though, to thank my colleague, senator whitehouse. he and i have worked together on a number of issues building bipartisan support to advance our ability to utilize nuclear energy in the united states. i also want to thank senator alexander and senator feinstein for their work to complete this omnibus appropriations bill and to continue to push to bring our appropriations process to regular order. our amendment focuses on the development of fuel sources for our advanced nuclear reactors. the united states currently lacks both a supply of high -- haleu uranium, and a process to make haleu for advanced reactor designs. advanced reactor start-up cores require a high assay, lower enriched uranium. at the end of navy fuels' life, it contains highly enriched uranium with an average enrichment of 80%. curr
crapo: mr. president. the presiding officer: the senator from idaho. mr. crapo: mr. president, in a few minutes, we are going to vote on the crapo-whitehouse amendment. i stand to support that amendment and encourage my colleagues all to vote in favor of it. i first want, though, to thank my colleague, senator whitehouse. he and i have worked together on a number of issues building bipartisan support to advance our ability to utilize nuclear energy in the united states. i also want to thank...
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Jun 7, 2018
06/18
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senators cotton, a conservative republican, and van hollen, a progressive democrat, and senator crapo the chairman of the banking committee, a republican, i as a democrat, the ranking member of the banking committee, we pressed for an amendment that would do that. this bipartisan amendment would send a clear signal to the white house and more importantly a clear signal to the world that we don't agree with that behavior. it would send a clear signal that congress disapproves of this most recent agreement that, mr. president, just inexplicably -- i have heard, unless the president has some personal reason for doing this, unless it makes the president's business more profitable, unless it puts money in the pocket of his family or himself -- and i'm not accusing him here, because i just don't know, mr. president. i can't figure out what all this means, why you would side with chinese workers over american workers, why you would side with chinese national security over our domestic security, i can't figure out why you would unroll, unspool a decision by your own cabinet member to punish t
senators cotton, a conservative republican, and van hollen, a progressive democrat, and senator crapo the chairman of the banking committee, a republican, i as a democrat, the ranking member of the banking committee, we pressed for an amendment that would do that. this bipartisan amendment would send a clear signal to the white house and more importantly a clear signal to the world that we don't agree with that behavior. it would send a clear signal that congress disapproves of this most recent...
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Jun 5, 2018
06/18
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this bill was sponsored by the senior senator from idaho, senator crapo, and was passed on a bipartisan basis. this bill, which just passed the house, is a big win for smaller financial institutions, and it will make it easier for them to serve their communities by approving mortgages, providing credit, and lending to businesses. but this isn't mainly a win for th small banks. this is a win for their customers, for the small businesses and individuals who need access to credit that they could not get under the status quo. another thing that we've done recently which i think bears note, and unfortunately so much happens here in washington, and it seems like every 15 minutes there's breaking news, and sometimes we overlook it. we don't celebrate these great victories. and in this case on behalf of our veterans. we've been accomplishing a lot for our service members and veterans. last year we helped restore america's defense with the greatest investment in our military in 15 years and largest troop pay increase in eight years. you know, we have a bad habit here in congress. after we have f
this bill was sponsored by the senior senator from idaho, senator crapo, and was passed on a bipartisan basis. this bill, which just passed the house, is a big win for smaller financial institutions, and it will make it easier for them to serve their communities by approving mortgages, providing credit, and lending to businesses. but this isn't mainly a win for th small banks. this is a win for their customers, for the small businesses and individuals who need access to credit that they could...
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Jun 5, 2018
06/18
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hence the reason that senator cornyn and senator feinstein and senator van hollen and crapo and i have worked on this. i want to thank them for introducing legislation last fall to expand cfius' authority to keep up with these new tactics. the banking committee bill builds on their efforts to modernize cfius and make sure it has the tools it needs to tackle today's threats. no country, not even close, no country has been more aggressive than the people's republic of china in going after american technology and aviation and in robotics and new energy vehicles and others where the u.s. has established long-held -- established ourselves as a global leader for a long time. just three years, 2013 to 2015, the number of chinese -- from the beginning of 2013 to the end of 2015, the number of chinese acquisitions coming under cfius review jumped 38%. china is getting more clever, more sneaky, choose the word you like, finding ways to get around the rules to avoid review at all. we see companies strurt turing deals so they can gain access to sensitive technology and information without triggeri
hence the reason that senator cornyn and senator feinstein and senator van hollen and crapo and i have worked on this. i want to thank them for introducing legislation last fall to expand cfius' authority to keep up with these new tactics. the banking committee bill builds on their efforts to modernize cfius and make sure it has the tools it needs to tackle today's threats. no country, not even close, no country has been more aggressive than the people's republic of china in going after...