Vitter to Obama: Good Economic Advice – Open Federal Lands to Leasing
(Washington, D.C.) - U.S. Senator David Vitter (R-La.) today sent a letter to President Obama urging him to open more federal lands to oil and gas leasing. Vitter cites a report by Louisiana State University Economist Joseph Mason that demonstrates the potential economic benefits of allowing access to thes... Read More
Corker, Vitter Introduce Bill to Reestablish Price Stability as Fed’s Single Mandate
WASHINGTON - U.S. Senators Bob Corker, R-Tenn., and David Vitter, R-La., both members of the Senate Banking Committee, today introduced legislation to re-establish price stability as the Federal Reserve’s single mandate. “Providing the Fed with a clear and explicit focus on keeping infl... Read More
Vitter Works to Improve Energy Economy with Series of Energy Bills
(Washington, D.C.) - U.S. Sen. David Vitter (R-La.) today announced several bills he is introducing to improve the United States energy economy, including expanding access to the outer continental shelf, permitting for the Keystone XL Pipeline, and fighting against a carbon tax and the over-regulating of t... Read More
Vitter Reiterates Need for Spending Cuts, Calls for Full Faith and Credit Act
(Washington, D.C.) - U.S. Sen. David Vitter today urged his colleagues to focus on reducing excessive spending and consider legislation like he supported last Congress with U.S. Sen. Pat Toomey (R-Pa.), the Full Faith and Credit Act. The legislation, of which Vitter was an original co-sponsor, would have e... Read More
Vitter: Reid-Obama Proposals Don't Cut Deficit, Debt by One Penny
(Washington, D.C.) - U.S. Senator David Vitter (R-La.) made the following statement regarding fiscal cliff negotiations. “There's certainly no Senate deal yet. And the biggest reason is that every Reid-Obama proposal this weekend raises taxes only to usher in MORE spending – they don't... Read More
Vitter, Senators, Offer New Information for Investigation of Gulf Moratorium Cover-Up
(Washington, D.C.) - U.S. Sens. David Vitter (R-La.), Jeff Sessions (R-Ala.) and John Cornyn (R-Texas) today presented new information for the investigation into a potential cover-up of documents that led to the drilling moratorium in the Gulf of Mexico following the BP oil spill. The focus of the investig... Read More
Vitter: Interior Dept. Continues to Mislead on Offshore Energy Production
(Washington, D.C.) - U.S. Sen. David Vitter made the following statement following the U.S. Department of Interior’s announcement of a western Gulf of Mexico lease sale. The sale they announced will be only the third lease sale since the 2010 drilling moratorium. The five-year lease sale plan that ha... Read More
Sens. Sherrod Brown, David Vitter Ask U.S. Banking Agencies to Simplify and Strengthen Bank Capital Standards
WASHINGTON, D.C.- Amidst growing calls from noted banking regulators and the nation’s community banks, U.S. Sens. Sherrod Brown (D-OH) and David Vitter (R-LA) are urging the U.S. banking agencies to simplify and strengthen new bank capital standards. With the U.S. beginning to implement the Bas... Read More
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