News Releases
Crapo Joins Republican Colleagues in Introducing Legislation to Protect U.S. Embassy in Jerusalem
Washington, D.C.--U.S. Senator Mike Crapo (R-Idaho) joined U.S. Senator Bill Hagerty (R-Tennessee) and 33 Republican colleagues in introducing the Upholding the 1995 Jerusalem Embassy Law Act of 2021, a bill to protect the full and faithful implementation of the Jerusalem Embassy Act of 1995 and block the Biden Administration's efforts to subvert the law. "The Biden Administration's proposal to reopen the U.S. consulate serving Palestinians in Jerusalem, Israel, is a divisive and ill-advised ef… Continue Reading
October 26, 2021
Crapo, Risch, Ernst, Kelly Press Pentagon for Action Following Uptick in Military Suicides
Washington, D.C.--Following an alarming report revealing a 15 percent increase in military suicides in 2020 from the year before, U.S. Senators Mike Crapo (R-Idaho) and Jim Risch (R-Idaho) joined U.S. Senators Joni Ernst (R-Iowa) and Mark Kelly (D-Arizona) in urging the Pentagon to take immediate action to step up suicide prevention efforts with their Save Our Servicemembers (S.O.S.) Act, which directs the Pentagon to evaluate the effectiveness of their suicide prevention efforts and to improve … Continue Reading
October 26, 2021
Crapo Leads Finance Committee Republicans in Raising Concerns with Improper Medicaid Payments
Washington, D.C.--In anticipation of the next Medicaid Payment Error Rate Measurement (PERM) audit, Senate Finance Committee Republicans, led by Ranking Member Mike Crapo (R-Idaho), sent a letter to the Centers for Medicare & Medicaid Services (CMS) highlighting concerns with the rising rate of improper payments in Medicaid. The November 2020 report found improper payments totaled over $86.5 billion--over 21 percent--mostly driven by eligibility errors. The letter further calls for enhance… Continue Reading
October 26, 2021
Crapo Statement at Nominations Hearing
Washington, D.C.--U.S. Senator Mike Crapo (R-Idaho), Ranking Member of the U.S. Senate Finance Committee, delivered the following remarks at a hearing to consider the nominations of Brent Neiman for Treasury Assistant Secretary for International Finance and Development; Joshua Frost for Treasury Assistant Secretary for Financial Markets; Maria Pagán for Deputy U.S. Trade Representative (Geneva); Chris Wilson for Deputy U.S. Trade Representative (Chief Innovation and Intellectual Property)… Continue Reading
October 21, 2021
Crapo Joins Scott, Colleagues in Introducing Bill to Block Democrats’ IRS Snooping Proposal
Washington, D.C.--U.S. Senator Mike Crapo (R-Idaho), Ranking Member of the Senate Finance Committee, U.S. Senator Tim Scott (R-South Carolina) and their Republican colleagues have introduced the "Prohibiting IRS Financial Surveillance Act," a bill to prevent the Internal Revenue Service (IRS) from implementing Democrats' plan to give the agency access to transaction information of virtually every American. "Every American should be wary of giving the IRS more power and more tentacles into priva… Continue Reading
October 20, 2021
Crapo: Bank Reporting Scheme is Hugest Dragnet that has Ever Been Proposed for the IRS
Washington, D.C.--In an interview with Larry Kudlow on Fox Business, U.S. Senate Finance Committee Ranking Member Mike Crapo (R-Idaho) discussed the Administration's proposed financial reporting regime, under which Americans' private financial information will be reported to the Internal Revenue Service (IRS) from financial institutions. Click here to watch the interview. "The average American family spends over $60,000 per year on the various things like mortgages, schooling, food and lodg… Continue Reading
October 20, 2021
Crapo asks Treasury for Details of Democrats’ “New Approach” to Monitoring Private Financial Accounts
Washington, D.C.--U.S. Senator Mike Crapo (R-Idaho), Ranking Member of the Senate Finance Committee, is requesting details about what is being publicly marketed as a "new approach" to the Administration's financial reporting regime, under which Americans' private financial information will be reported to the Internal Revenue Service from financial institutions. Crapo also clarified that any "new version before Congress" is not something that has been made public or is in any sense before Congre… Continue Reading
October 20, 2021
Crapo: We Have a Responsibility to Enhance Care Quality, Not Constrain Consumer Choices with Burdensome Regulations
Washington, D.C.--At a Senate Finance Committee hearing entitled, "Health Insurance Coverage in America: Current and Future Role of Federal Programs," Ranking Member Mike Crapo (R-Idaho) raised concerns about current proposals in Congress that risk moving creative, market-based health care models in the opposite direction and potentially leading to dire consequences for Americans. Senator Crapo also addressed the responsibility of enhancing care quality to increase affordability and improve acc… Continue Reading
October 20, 2021
Senate Republicans Blast IRS Bank Reporting Dragnet
Washington, D.C.--U.S. Senator Mike Crapo (R-Idaho), Ranking Member of the Senate Finance Committee, and U.S. Senator Pat Toomey (R-Pennsylvania), Ranking Member of the Senate Banking Committee, today led a press conference with other Republican members of both committees to share concerns raised by their constituents about a proposal to create a reporting scheme where financial intermediaries report to the Internal Revenue Service (IRS) on customer deposits and withdrawals. Highlights from t… Continue Reading
October 19, 2021
Crapo: Americans Should Loudly Reject Intrusive IRS Reporting Regime
Washington, D.C.--U.S. Senator Mike Crapo (R-Idaho), Ranking Member of the Senate Finance Committee, delivered remarks on the Senate Floor outlining concerns with the Internal Revenue Service (IRS) financial account reporting dragnet, and rumored changes. Excerpts: "Under the guise of 'closing the tax gap,' Democrats have proposed to drastically expand the powers of the IRS and turn banks and credit unions into private investigators for law abiding Americans. We have been pointing this out … Continue Reading
October 19, 2021
Crapo: Customs and Border Protection Nominee Faces Massive Challenges
Washington, D.C.--At a nomination hearing to consider Chris Magnus to be Commissioner of the U.S. Customs and Border Protection (CBP), Senate Finance Committee Ranking Member Mike Crapo (R-Idaho) highlighted the heavy responsibilities the position bears during normal times, and emphasized the border crisis makes the job even more challenging. Crapo also highlighted trade practices important to Idaho. To view Senator Crapo's full opening remarks, click HERE. Key Excerpts: "Under normal … Continue Reading
October 19, 2021
Crapo Statement at Nomination Hearing
Washington, D.C.--U.S. Senator Mike Crapo (R-Idaho), Ranking Member of the U.S. Senate Finance Committee, delivered the following remarks at a hearing to consider the nomination of Chris Magnus, of Arizona, to be Commissioner of U.S. Customs and Border Protection, Department of Homeland Security. The text of Ranking Member Crapo's remarks, as prepared, is below. "Thank you Mr. Chairman. Mr. Magnus, welcome. "U.S. Customs and Border Protection, or CBP, is the nation's largest federal law enf… Continue Reading
October 18, 2021
Crapo Statement on Passing of General Colin Powell
Washington, D.C.--U.S. Senator Mike Crapo (R-Idaho) issued the following statement regarding the news of the passing of General Colin Powell: "General Colin Powell was a venerated public servant. His service as a four-star general, the first African-American Secretary of State and the first African-American Chairman of the Joint Chiefs of Staff left an indelible mark on American national security policy and diplomacy. General Powell earned immense respect at home and abroad--as evidenced by … Continue Reading
October 14, 2021
Crapo, Idahoans Highlight Concerns with IRS Bank Reporting Scheme
BOISE--Idaho's U.S. Senator Mike Crapo, Ranking Member of the Senate Finance Committee, joined Idaho leaders, concerned constituents, and business and financial leaders for a roundtable discussion on a proposal to create a reporting scheme where financial intermediaries report to the Internal Revenue Service (IRS) on customer deposits and withdrawals. The Biden Administration and congressional Democrats are considering an $80 billion boost in IRS funding, and implementing a reporting dragnet … Continue Reading
October 08, 2021
Ranking Members Warn Against Bypassing Treaty Process
Washington, D.C.--The top Republicans on the U.S. Senate Finance Committee, the U.S. Senate Foreign Relations Committee, and the U.S. Senate Banking Committee expressed serious concerns with the Administration's recent suggestions it is considering circumventing the Senate's constitutional treaty authority in implementing a global tax agreement. Finance Committee Ranking Member Mike Crapo (R-Idaho), Foreign Relations Committee Ranking Member Jim Risch (R-Idaho) and Banking Committee Ranking Mem… Continue Reading
October 07, 2021
Crapo Reintroduces Legislation to Split Ninth Circuit Court of Appeals
Washington, D.C--U.S. Senators Mike Crapo (R-Idaho), Jim Risch (R-Idaho), Dan Sullivan (R-Alaska), Lisa Murkowski (R-Alaska) and Steve Daines (R-Montana) have reintroduced the Judicial Reorganization Act, S. 2970, to split the Ninth Circuit Court of Appeals in order to allow for more efficient caseload processing. "As a result of massive population growth across several western states, the Ninth Circuit has seen an overwhelming increase in caseloads, creating a lengthy process for those seeki… Continue Reading
October 06, 2021
Crapo Leads Introduction of Legislation to Protect Second Amendment Rights on Federal Land
Washington, D.C.--U.S. Senator Mike Crapo (R-Idaho) led nine Republican colleagues in introducing legislation that would bring parity to gun owners using public lands. The Recreational Lands Self Defense Act would restore Second Amendment rights of individuals recreating on lands managed by the U.S. Army Corps of Engineers (Corps). Co-sponsors of the legislation include Senators Jim Risch (R-Idaho), Rick Scott (R-Florida), Thom Tillis (R-North Carolina), Mike Braun (R-Indiana), Roger Marshall … Continue Reading
October 06, 2021
Crapo, Brady Request Information on Efforts to Prevent Fraud in Tax Credit Program
Washington, D.C.--Top Republicans on the Senate and House tax panels are calling on the Government Accountability Office (GAO) to look into whether states and federal agencies are taking proper steps to identify and prevent fraud and improper payments in paying out tax credits for health coverage, called "premium tax credits" or PTCs. The Members call on GAO to determine how the Centers for Medicare and Medicaid Services can "establish an effective means to estimate improper payments." The let… Continue Reading
October 06, 2021
Crapo, Risch, Western Caucus Members Unveil Blueprint for Conservation
Washington, D.C.--U.S. Senators Mike Crapo and Jim Risch (both R-Idaho) have joined members of the Senate Western Caucus and Congressional Western Caucus to reveal a holistic, outcome-based conservation proposal titled, "Western Conservation Principles." The proposal, which serves as an alternative to the Biden Administration's "30 by 30 initiative" and America the Beautiful report, is a blueprint for responsible, effective conservation supported by rural communities across the United States. … Continue Reading
October 06, 2021
Crapo, Risch Press DHS for Answers on Release of Haitian Migrants into U.S.
Washington, D.C.--U.S. Senators Mike Crapo and Jim Risch (both R-Idaho) joined Senator John Cornyn (R-Texas) and 18 of their Republican colleagues in sending a letter to Secretary of the Department of Homeland Security (DHS) Alejandro Mayorkas to address reports that thousands of migrants in Del Rio, Texas, were released into the interior of the U.S. instead of facing removal as the Administration had previously pledged. "While we applaud the Administration's original stated intent to expel the… Continue Reading
