Majority Press Releases
CRAPO STATEMENT AT MARKUP OF SEC, CFPB NOMINATIONS
WASHINGTON - At an Executive Session to markup the nominations of Mary Jo White to be Chairman of the Securities and Exchanges Commission (SEC) and Richard Cordray to be Director of the Consumer Financial Protection Bureau (CFPB), U.S. Senator Mike Crapo (R-ID), Ranking Member of the Senate Banking, Housing and Urban Affairs Committee, made the following remarks: "Mr. Chairman, I believe that we had a very good hearing last week regarding the nominations. "The hearing gave t… Continue Reading
March 7, 2013
CRAPO STATEMENT AT HEARING ON BANK SECRECY ACT
WASHINGTON - U.S. Senator Mike Crapo (R-ID), Ranking Member of the Senate Banking, Housing and Urban Affairs Committee, today delivered the following remarks during a Banking Committee hearing assessing compliance and enforcement of the Bank Secrecy Act: "Thank you, Mr. Chairman. "Today, we will hear testimony from the Treasury Department, the Office of the Comptroller of the Currency (OCC) and the Federal Reserve about large bank compliance with the Bank Secrecy Act and econo… Continue Reading
February 28, 2013
CRAPO STATEMENT AT HEARING ON FHA'S SOLVENCY
WASHINGTON - U.S. Senator Mike Crapo (R-ID), Ranking Member of the Senate Banking, Housing and Urban Affairs Committee, today delivered the following remarks during a Banking Committee hearing addressing the Federal Housing Administration's (FHA) financial condition and program challenges: "Thank you, Mr. Chairman. "Since its creation in 1934, our nation has depended upon the Federal Housing Administration (FHA) to help first time homebuyers, as well as low- to moderate-incom… Continue Reading
February 26, 2013
CRAPO STATEMENT AT FEDERAL RESERVE'S SEMIANNUAL MONETARY REPORT
Washington, D.C. - U.S. Senator Mike Crapo (R-ID), Ranking Member of the Senate Banking, Housing and Urban Affairs Committee, today delivered the following remarks during a Banking Committee hearing at which Federal Reserve Chairman Ben Bernanke delivered his semiannual testimony on monetary policy: "Thank you, Mr. Chairman. Today, we will hear Federal Reserve Chairman Bernanke testify on the Fed's monetary policy and the state of the economy. "Thank you for your ongoing init… Continue Reading
February 14, 2013
CRAPO STATEMENT AT HEARING ON WALL STREET REFORM
WASHINGTON - U.S. Senator Mike Crapo (R-ID), Ranking Member of the Senate Banking, Housing and Urban Affairs Committee, today delivered the following remarks during a Banking Committee hearing on Wall Street Reform and Oversight: "Thank you, Mr. Chairman. You and I have had a personal friendship and good working relationship over the years, and I look forward to building on that as Chairman and Ranking Member of the Committee. "One of my objectives and hopes would be to wor… Continue Reading