News Releases
Crapo: Monson's life of service was powerful example
WASHINGTON- Idaho Senator Mike Crapo this morning praised the life of the late Thomas S. Monson as a powerful example of service to others. Monson, the former President of the Church of Jesus Christ of Latter-day Saints, died late Tuesday evening in Salt Lake City. "Today I join those of the LDS faith and others who mourn the passing of LDS Church President Thomas S. Monson. He was a great leader, a kind man who spent more than half a century in service to others through his responsibilities … Continue Reading
December 19, 2017
Crapo Votes to Pass Tax Cuts and Jobs Act
WASHINGTON - To grow the nation's economy and to provide a tax code that is more simple, fair and less costly to comply with for all Americans, Idaho Senator Mike Crapo, a senior member of the Senate Finance Committee, today voted in favor of the Tax Cuts and Jobs Act. "The tax reform legislation passed by Congress will produce growth not seen in generations, giving Americans access to higher wages, greater job opportunities and a more vibrant economy," said Crapo. "Idahoans in every income g… Continue Reading
December 18, 2017
Crapo Announces Military Academy Nominations
WASHINGTON, D.C. - Idaho Senator Mike Crapo today announced the nomination of 44 Idaho students to the nation's military academies. The students' applications are now being considered by four of the U.S. academies, where final selections will be made. "One of the honors of my role as Idaho's U.S. Senator is nominating distinguished students to the U.S. military service academies," said Crapo. "By pursuing higher education in one of these academies, these students demonstrate their strong comm… Continue Reading
December 12, 2017
Idaho delegation says BEA extension at Idaho National Laboratory is well-deserved
Washington, D.C. - Members of Idaho's Congressional Delegation praise the announcement by the U.S. Department of Energy to extend the operations contract of the Battelle Energy Alliance (BEA) at the Idaho National Laboratory as well-deserved reflection of their outstanding work and contributions to U.S. energy security. "I appreciate the commitment shown by DOE in announcing the contract extension for management at the Idaho National Laboratory," said Idaho Senator Mike Crapo. "As the nation'… Continue Reading
December 05, 2017
Crapo, Risch, Simpson Applaud Department of Interior's Decision On Craters of the Moon Monument
Washington, D.C. - After a nearly eight-month review of National Monument designations under the Antiquities Act, U.S. Senators Jim Risch and Mike Crapo and U.S. Representative Mike Simpson today applauded the Department of Interior's (DOI) decision to follow the delegation's recommendation to make no modifications to Craters of the Moon National Monument. "The monument review was about hearing local voices and the people of Idaho, along with Senator Risch, Senator Crapo and Congressman Simpson… Continue Reading
December 05, 2017
Banking Committee Advances the "Economic Growth, Regulatory Relief and Consumer Protection Act.”
WASHINGTON - Today, the Senate Banking Committee, led by Chairman Mike Crapo, advanced the bipartisan "Economic Growth, Regulatory Relief and Consumer Protection Act," S. 2155, with 16 committee members supporting the measure. The bill will modernize regulations in a way that makes sense for small financial institutions, benefiting consumers and encouraging economic growth. S. 2155 primarily benefits credit unions, community banks, midsize banks, smaller regional banks and custody banks. It al… Continue Reading
December 05, 2017
What They’re Saying About the “Economic Growth, Regulatory Relief and Consumer Protection Act”
WASHINGTON - Today, the U.S. Senate Committee on Banking, Housing and Urban Affairs, led by Chairman Mike Crapo (R - Idaho), will mark up S. 2155, the "Economic Growth, Regulatory Relief and Consumer Protection Act." Co-sponsored by 10 Republican and 10 Democrat senators, this bipartisan legislation right-sizes regulation for smaller financial institutions and includes important consumer protections for veterans, senior citizens and victims of fraud. It will improve our nation's financial regula… Continue Reading
December 02, 2017
Crapo, Risch Laud Senate Passage of Tax Reform Measure
WASHINGTON- Idaho Senators Mike Crapo and Jim Risch today applauded the Senate's passage of the Tax Cuts and Jobs Act. Crapo and Risch both voted in favor of the legislation which will provide tax relief for Idaho families and all Americans. "For the first time in over three decades, Congress has finally taken an imperative step forward in reforming our tax code to allow Idaho's women and men the ability to keep more of their hard-earned money, while the bill's dramatic simplification of the t… Continue Reading
November 28, 2017
Crapo Convenes Hearing on Nomination of Jerome Powell to be Federal Reserve Chair
WASHINGTON - U.S. Senator Mike Crapo (R-Idaho), Chairman of the United States Senate Committee on Banking, Housing and Urban Affairs, today delivered the following remarks during a full committee hearing on the nomination of the Honorable Jerome H. Powell, of Maryland, to be Chairman of the Board of Governors of the Federal Reserve System. The text of Chairman Crapo's remarks, as prepared, is below. "This morning we will consider the nomination of the Honorable Jerome or 'Jay' Powell to be … Continue Reading
November 17, 2017
Crapo, Risch Introduce Economic Growth, Regulatory Relief and Consumer Protection Act
WASHINGTON - U.S. Senator Mike Crapo (R-Idaho), Chairman of the Senate Banking Committee, and Senator Jim Risch (R-Idaho), Chairman of the Small Business Committee, introduced S.2155, the "Economic Growth, Regulatory Relief and Consumer Protection Act." This bipartisan legislation right-sizes regulation for smaller financial institutions and includes important consumer protections for veterans, senior citizens and victims of fraud. Importantly, it will improve our nation's financial regulatory f… Continue Reading
November 16, 2017
Crapo Supports Senate Tax Reform Proposal
WASHINGTON - Hailing it as a rare opportunity to provide tax relief for Idaho families, Idaho Senator Mike Crapo today voted in favor of the Tax Cuts and Jobs Act. Crapo is a senior member of the Senate Finance Committee where the legislation was debated this week. It will now go to the full Senate floor for amendment and debate. "For the first time in more than 31 years, Congress is seizing upon the rare opportunity to reform our tax code and allow Idaho's hard working women and men the abi… Continue Reading
November 13, 2017
Crapo Says Tax Reform Bill Will Benefit Low and Middle-Income Taxpayers
WASHINGTON - Saying that now is precisely the time that Congress needs to focus on dynamic opportunities for growth in our economy, Idaho Senator Mike Crapo, a senior member of the Senate Finance Committee, today said that tax reform being considered in the Senate will help middle and lower-income taxpayers. The Senate Finance Committee today began consideration of its proposed tax reform bill, the Tax Cuts and Jobs Act, providing members of the Committee an opportunity to deliver an opening st… Continue Reading
November 13, 2017
Crapo, Others, Agreement on Economic Growth Legislation
Washington, D.C. - Today, Senate Banking Committee Chairman Mike Crapo (R-Idaho) and Banking Committee members Joe Donnelly (D-Indiana), Heidi Heitkamp (D-North Dakota), Jon Tester (D-Montana) and Mark Warner (D-Virginia), along with other senators, announced an agreement on legislative proposals to improve our nation's financial regulatory framework and promote economic growth. Last spring, the Banking Committee issued a request for legislative proposals from stakeholders, companies and consume… Continue Reading
November 08, 2017
Crapo Honors 22 Idaho Veterans & Volunteers with Spirit of Freedom Award
WASHINGTON - Idaho Senator Mike Crapo will recognize 22 Idahoans nominated by veterans' organizations for serving our nation and military veterans through The Spirit of Freedom: Idaho Veterans Service Award. The award, began by Crapo in 2002, is a small way to recognize and acknowledge the contributions of Idaho's veterans and volunteers to the wider Idaho veterans' community. Each Spirit of Freedom Award recipient will receive a certificate for their service as well as a United States flag tha… Continue Reading
November 07, 2017
Banking Committee Advances North Korea Sanctions Bill
Today, the U.S. Senate Committee on Banking, Housing and Urban Affairs, led by Chairman Mike Crapo, advanced the "Otto Warmbier Banking Restrictions Involving North Korea Act of 2017." The bill is titled in honor of Ohioan Otto Warmbier, who lost his life after being held prisoner by the North Korean regime. The bill, as amended, was passed unanimously by the Banking Committee. "The time has come for the U.S. to take the lead to ensure that all nations work together to isolate the Kim regime … Continue Reading
November 06, 2017
Crapo, Risch Welcome Bangerter, Frasure Appointments to the U.S. Department of Agriculture
Idaho Senators Mike Crapo and Jim Risch today welcomed the appointments of Layne Bangerter and Evan Frasure to serve Idaho as part of the U.S. Department of Agriculture (USDA). In a USDA announcement, Bangerter has been appointed to serve as State Director for USDA Rural Development in Idaho and Frasure to serve as State Executive Director of USDA's Farm Service Agency. Both positions are based in Idaho. "We congratulate Layne and Evan on being appointed to these important positions that will… Continue Reading
November 03, 2017
Crapo Comments on the Passing of Former Idaho Representative Orval Hansen
WASHINGTON - Idaho Senator Mike Crapo issued this statement on the news of the passing of Former Idaho Representative Orval Hansen. "Representative Hansen demonstrated a high standard of service to the people of Idaho, and I join with all of Idaho in sending comfort and peace to his family at this challenging time. He was a strong leader and represented Idaho well during his tenure in the U.S. House of Representatives, whether it was helping shape the growth of what became the Idaho National La… Continue Reading
November 01, 2017
Senators Announce Bipartisan Agreement on North Korea Sanctions Bill
WASHINGTON, D.C. - Today, Idaho Senator Mike Crapo, Chairman of the Senate Committee on Banking, Housing and Urban Affairs and Ranking Member Sherrod Brown (D-Ohio), joined by Banking Committee members Pat Toomey (R-Pennsylvania) and Chris Van Hollen (D-Maryland), reached an agreement on bipartisan legislation to strengthen and expand current U.S. sanctions on North Korea. The legislation is scheduled to be acted on by the Banking Committee next week. The bill is titled the "Otto Warmbier Bank… Continue Reading
November 01, 2017
Crapo Convenes Hearing on Export-Import Bank Nominees
WASHINGTON - U.S. Senator Mike Crapo (R-Idaho), Chairman of the United States Senate Committee on Banking, Housing and Urban Affairs, today delivered the following remarks during a full committee hearing on the nominations of The Honorable Scott Garrett, of New Jersey, to be President of the Export-Import Bank; Ms. Kimberly A. Reed, of West Virginia, to be First Vice President of the Export-Import Bank; The Honorable Spencer Bachus III, of Alabama, to be a Member of the Board of Directors of the… Continue Reading
October 30, 2017
Crapo, Risch, Bipartisan Western Senators Press White House to Extend Critical Lifeline Funding in Future Disaster Aid Request
Washington, D.C. - Idaho Senators Mike Crapo and Jim Risch joined a bipartisan group of western senators today in urging the White House and the White House budget office to fulfill the federal government's promise to rural communities by extending a critical lifeline that funds road repairs, schools and law enforcement in rural communities in any future emergency disaster supplemental funding bill it sends to Congress. The senators pushed for a two-year reauthorization of the Secure Rural Sch… Continue Reading
