News Releases

July 02, 2019

New Report Says Crapo Banking Bill Benefitting American Families, Workers and Businesses

A new report on the economic effects of federal deregulation issued by the White House Council of Economic Advisers (CEA) cites Banking Committee Chairman Mike Crapo's (R-Idaho) Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155) as a key driver of economic growth. The CEA report says that the Economic Growth, Regulatory Relief and Consumer Protection Act "is expected to reduce regulatory burdens and help to expand the credit made available to small businesses that are the… Continue Reading

June 27, 2019

Crapo, Risch Support Pay Raise, Protections for U.S. Military in Defense Spending Bill

U.S. Senators Mike Crapo (R-Idaho) and Jim Risch (R-Idaho) today both voted to support the Fiscal Year (FY) 2020 National Defense Authorization Act (NDAA) to strengthen and build a more efficient and effective Department of Defense (DOD), fulfilling one of Congress's most serious responsibilities to provide for and protect our nation's armed forces. "As the U.S. continues to face mounting threats from rogue foreign adversaries, Congress must modernize our military to counter and protect agains… Continue Reading

June 20, 2019

Crapo, Risch Praise Senate Confirmation of Rita Baranwal to Assistant Secretary for Nuclear Energy

The United States Senate today confirmed Dr. Rita Baranwal's nomination to serve as Assistant Secretary for Nuclear Energy at the Department of Energy (DOE). Baranwal, who most recently led the Gateway for Accelerated Innovation in Nuclear (GAIN) Initiative at the Idaho National Laboratory (INL), will oversee long-term innovation in nuclear power in her new role with the Department of Energy. "I congratulate Dr. Rita Baranwal on her well-deserved confirmation as Assistant Secretary of Energy fo… Continue Reading


July 09, 2019

Weekly Column: Americans Deserve Real Data Privacy

Over the last decade, we have experienced a digital revolution that sees people using the Internet to manage more of their daily lives. Mobile applications, social media and search engines have become everyday tools, but their usage is accompanied by a shocking amount of hidden data collection without individuals' knowledge or consent. A report from Cracked Labs on corporate surveillance notes "the behaviors, movements, social relationships, interests, weaknesses and most private moments of bi… Continue Reading

July 08, 2019

Weekly Column: Confronting Threats From China

As Chairman of the U.S. Senate Committee on Banking, Housing and Urban Affairs, I recently led a hearing entitled: "Confronting Threats From China: Assessing Controls on Technology and Investment, and Measures to Combat Opioid Trafficking." With its jurisdiction over banks, markets, export promotion, export controls, and reviews of foreign direct investment security and economic sanctions, the Banking Committee sits at the intersection of U.S. national security, economic prosperity and the glob… Continue Reading

July 01, 2019

Weekly Column: Celebrating Our Extraordinary Independence

Every July 4th we celebrate the establishment of our nation and the values that created it. The freedoms that our inspired founders affirmed in the Declaration of Independence, and upheld in our Constitution, are the guiding principles of our Republic. The Declaration proclaims, "We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness-That to … Continue Reading