News Releases
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
October 19, 2017
Crapo, Risch, Wyden, Cantwell, Murray Introduce Bipartisan Bill To Fight Record-Breaking Wildfires
Washington, D.C. - In the wake of another historic wildfire season, Idaho Senators Mike Crapo and Jim Risch have cosponsored bipartisan legislation introduced by Energy and Natural Resources Committee Ranking Member Maria Cantwell (D-Wash.) to better prepare for and prevent costly wildfires. The Wildland Fires Act of 2017 will help further the Federal and State firefighting agencies' "National Cohesive Fire Strategy" by authorizing additional funding for at-risk communities and directing Feder… Continue Reading
October 18, 2017
Crapo, Risch, Wyden, Press Senate Leadership to Include Bipartisan Wildfire Funding Fix in Upcoming Disaster Aid Legislation
Washington, D.C. - With deadly fires still raging in California and across the West, a bipartisan group of senators led by Sens. Mike Crapo, R-Idaho, Jim Risch, R-Idaho, Ron Wyden, D-Oregon, and others today pressed Senate Leaders Mitch McConnell and Charles E. Schumer in a letter to include a wildfire funding fix in disaster aid legislation the Senate will soon consider. In addition to Crapo, Risch, and Wyden, the senators who signed the letter are: Sens. Kamala Harris, D-Calif., Jeff Merkley,… Continue Reading
October 17, 2017
Crapo Honors Former Idaho Senator Andreason
Washington, DC - Idaho Senator Mike Crapo issued this statement on the passing of long-time Idaho State Senator John Andreason of Boise: "Idaho's prayers go out to the family of former Idaho State Senator John Andreason following his passing. I remember his service in the Legislative Budget Office when I served in the Idaho Legislature. He gave much to the people of Idaho-more than forty years of public service." # # #… Continue Reading
October 11, 2017
Crapo, Risch, Western Senators Introduce Bill to Improve Fire Recovery and Mitigation Efforts
Washington, D.C. - U.S. Senators Michael Bennet (D-CO), Mike Crapo (R-ID), Jon Tester (D-MT), Jim Risch (R-ID), and Ron Wyden (D-OR) introduced the Wildfire Mitigation Assistance Act to provide resources to assist communities recovering from damaging wildfires. The bill treats wildfires in the same manner as other natural disasters by making available Hazard Mitigation Assistance funding to states affected by catastrophic wildfires. The measure would provide states affected by wildfires access … Continue Reading
October 06, 2017
Senate Passes Rubio, Shaheen, Crapo Bill to Strengthen Anti-Hizballah Sanctions
Washington, D.C. - On Thursday, the U.S. Senate passed the Hizballah International Financing Prevention Amendments Act (S. 1595), bipartisan legislation led by Senators Marco Rubio (R-FL) and Jeanne Shaheen (D-NH), members of the Senate Foreign Relations Committee, and Senate Banking Committee Chairman Mike Crapo (R-ID. The bill would strengthen and expand the scope of economic and financial sanctions imposed by the Hizballah International Financing Prevention Act of 2015 (Public Law 104-102), w… Continue Reading
October 05, 2017
Crapo, Wyden, Risch, Bennet Note Fire Funding Included in Disaster Spending Recommendations
Washington, DC - Following numerous discussions among Western U.S. Senators Mike Crapo (R-Idaho), Ron Wyden (D-Oregon), Jim Risch (R-Idaho), and Michael Bennet (D-Colorado), and Administration leadership and agency officials, initial federal funding to begin fixing shortages in fire-fighting efforts known as "fire borrowing" are now being included in hurricane disaster budget recommendations. Crapo, Wyden, Risch, Bennet, and other Western senators have pushed for a fire borrowing fix in the fir… Continue Reading
October 05, 2017
Crapo Praises Responsible Budget Framework that Balances, Restrains Spending
Idaho Senator Mike Crapo, a member of the Senate Budget Committee, lauded a proposed budget resolution that will serve as a guide for greater tax reform. "This is a responsible budget that balances, proposes appropriate spending restraints, and will set the stage for pro-growth tax reform, something that we have badly needed in this country for years and now will have an opportunity to do," said Crapo Wednesday afternoon during his opening statement before the Senate Budget Committee. "This bud… Continue Reading
