ICYMI: Fed Governor’s Plan to Limit Bank Size Fuels Debate (New York Times)
In Case You Missed It: Fed Governor’s Plan to Limit Bank Size Fuels Debate (New York Times) Excerpt: “Now, a powerful insider has suggested a simple tool that could place a... Read More
ICYMI: Dodd-Frank's Heavy Hand but Slight Value, by Sen. Vitter (Wall Street Journal)
In Case You Missed It: Dodd-Frank's Heavy Hand but Slight Value (Wall Street Journal) Excerpt: “A little more than two years ago President Obama signed t... Read More
Vitter to LTG Bostick with Corps: Morganza Delays are Beyond Frustrating
(Washington, D.C.) - U.S. Sen. David Vitter (R-La.) met with Lieutenant General Tom Bostick, Commanding General of the U.S. Army Corps of Engineers yesterday, to discuss repeated delays and a path forward on the Morganza to the Gulf hurricane protection project for Terrebonne and Lafourche Parishes. Terreb... Read More
Vitter: Corps to Dredge Lake Providence Port
(Washington, D.C.) - U.S. Sen. David Vitter today made the following statement after news that the U.S. Army Corps of Engineers has agreed to bring a dredge back to the Lake Providence Port. “The Mississippi River is the most productive river transportation system in America, and ensuring tha... Read More
Vitter Applauds FHFA in Denying Fannie and Freddie Taxpayer Bailout
(Washington, D.C.) - U.S. Sen. David Vitter today applauded the announcement by the Federal Housing Finance Agency Director Ed DeMarco that he would not permit Fannie Mae and Freddie Mac to use the leftover Troubled Asset Relief Program (TARP) funds to reduce the principle of mortgages because nearly all o... Read More
Vitter Urges Fed Chair Bernanke to Increase Megabanks’ Capital Standards
(Washington, D.C.) - U.S. Senator David Vitter (R-La.) today asked U.S. Federal Reserve Chairman Ben Bernanke at a Senate Banking Committee Hearing about the need to increase capital requirements for megabanks, repeating Bernake’s previous statements of support for the proposal. “Placin... Read More
Vitter: Obama Tax Increase Would Further Cripple Economy
(Washington, D.C.) - U.S. Sen. David Vitter today made the following statement after President Obama’s announcement to increase taxes. At a press conference today, President Obama announced his plan to let some of the 2001 and 2003 tax cuts expire, resulting in a $850 billion tax increase. &l... Read More
Vitter, Rep. Biggert Agree on 60-day Flood Insurance Extension
(Washington, D.C.) - U.S. Sen David Vitter spoke with Rep. Judy Biggert (R-Illinois) asking her to urge the House of Representatives to move forward on the 60-day extension for the National Flood Insurance Program. The House had previously passed a 30-day day extension, but Biggert, the author of the... Read More
Vitter Receives 2011 Taxpayers’ Friend Award from National Taxpayers Union
(Washington, D.C.) - U.S. Senator David Vitter today received the 2011 Taxpayers’ Friend award from the National Taxpayers Union (NTU). The award rec... Read More
Vitter Fights for Flood Insurance Extension
(Washington, D.C.) - U.S. Senator David Vitter spoke on the Senate floor today and urged the Senate to extend the National Flood Insurance Program (NFIP). The NFIP is set to expire on May 31, 2012. Vitter supports a long-term five year extension and called on Senate Majority Leader Harry Reid to bring the... Read More