Daines Slams Federal Regulators for Contributing to Bank Crisis
“Instead of regulating, they took their eye off the ball and were focused on the green hallucination and pursuing the Democrats’ dream” U.S. SENATE – U.S. Senator Steve Daines, a member of the Senate Banking Committee, today delivered the following remarks at the weekly Republican Senate Leadership press conference slamming federal regulators’ focus on climate change rather than the Federal Reserve’s dual mandate and said that along with inflation it contributed to the banking crisis. Earlier today, at a Senate Banking Committee hearing, he questioned banking regulators on the recent bank failures and the federal regulatory response. “So, this morning the Senate Banking Committee at a hearing we
Daines Talks SVB Bank Failure, San Francisco Fed’s Wokeness on Fox Business’ Cavuto: Coast to Coast
WASHINGTON, D.C.—Following today’s Senate Banking hearing on the recent bank failures, U.S. Senator Steve Daines appeared on Fox Business’ Cavuto: Coast to Coast to talk about what led to Silicon Valley Bank’s failure including President Biden’s inflation crisis and the Federal Reserve Bank of San Francisco’s wokeness. Daines on the cause of Silicon Valley Bank’s failure: “Neil, I just came from the Banking hearing. We had, basically one of the top regulators of the Fed who was before the Banking Committee and we were pressing him about what happened at Silicon Valley Bank, why did the bank fail? Think about banking, banking is about
Daines, Cortez Masto Introduce Bipartisan Bill to Protect Americans’ Access to Telehealth Services
U.S. SENATE – U.S. Senator Steve Daines (R-Mont.) and Catherine Cortez Masto (D-Nev.) today reintroduced a bipartisan bill that would make expanded access to telehealth services permanent. These services were used extensively during the pandemic and many Americans, especially those in rural areas, still depend on them to access care. “Telehealth helps ensure Montanans in every corner of our state have access to the care they need. Especially in rural states like Montana, we should be working to expand telehealth, not cut access when folks have come to depend on these resources,” Daines said. “Telehealth is critical for workers and their families to access the essential health care services they need. Nevadans
Weekly Video Release: Montana Veteran Struggles to Keep Up with Bidenflation
U.S. SENATE – As skyrocketing inflation continues to crush Montana families, indicated by the February CPI report released two weeks ago showing a six percent annual increase, U.S. Senator Steve Daines released the next video in a series chronicling its impact on Montanans. This week, Senator Daines is highlighting Dave Zincowicz, a retired Vietnam Veteran from Ravalli County. Dave is on a fixed income and it’s difficult for him to bear the burden of President Biden’s lack of economic leadership. It’s been tough for him to afford everything from groceries to gas. Each week, Daines will highlight a video on his social media channels of a
Montana Ag Network: Daines talks about Farm Bill in Great Falls
Source: KRTV Great Falls GREAT FALLS — United States Senator Steve Daines offered a roundtable discussion for agriculture industry leaders to express their suggestions and concerns for the upcoming Farm Bill debate. “We’ve got a list of specific policy items that we want to make sure are included in the next Farm Bill. This is going to make the next farm bill much better than the last one,” said Senator Daines. Torgerson’s LLC of Great Falls hosted the roundtable and it was all hands on deck from CEO, Brion Torgerson to gather input that’s sent to Washington D.C. Here is a
OP-ED: Canary in a coal mine
Over the past two years, Montanans watched the President’s attack on oil, coal and natural gas bring our nation to the brink of an all-out energy emergency. Gas prices rose to more than $5 a gallon and many Montanans are worried about how to heat their homes without breaking the bank. We aren’t the only country grappling with the effects of a leader who is unrealistic about our nation’s domestic energy needs. Over the course of the last decade, Europe tirelessly pursued a green agenda with the goal of being “climate-neutral” with “net-zero greenhouse gas emissions” by 2050. The results
Following Visit With Malmstrom Air Force Base Leaders, Daines Announces He Will Introduce Bill to Analyze Vulnerabilities in American Aerospace Defense
GREAT FALLS, MT —After meeting with leaders at Malmstrom Air Force Base in Great Falls today and discussing the Chinese spy balloon incident, U.S. Senator Steve Daines announced his plan to introduce a bill to require a gap analysis of North American Aerospace Defense Command (NORAD) capabilities. The analysis would expose any limitations that have been or have the potential to be exploited by foreign countries that would allow air assets to enter North American airspace undetected. Daines also noted that the administration has not answered his questions from early February regarding details important to Montana regarding the balloon. “The Chinese spy balloon fiasco and the subsequent shoot-downs that followed it was
Daines Wraps Up National Ag Week With Farm Bill Roundtable in Great Falls
GREAT FALLS, MT —U.S. Senator Steve Daines today hosted a roundtable discussion with Montana ag leaders at Torgerson’s LLC in Great Falls, Montana, to get their input on the upcoming farm bill. “I can’t think of a better to way to end National Ag Week than meeting face to face with the Montana ag leaders who dedicate their lives to growing our food, fiber and fuel. Ag Week may only be one week a year, but it recognizes the sacrifice our farmers and ranchers make to feed Montana and the world. Just as farmers rarely get a day off, we need to be fighting for Montana
Daines, Banking Committee Republicans, Probe Federal Reserve Supervision of SVB
Washington, D.C. – U.S. Senator Daines joined Banking Committee Republicans, including Ranking Member Tim Scott (R-SC) today in demanding answers and seeking records from the Federal Reserve Board of Governors and the Federal Reserve Bank of San Francisco regarding their supervision of Silicon Valley Bank (SVB) in the leadup to its failure. Daines and his fellow Banking Committee Republicans are striving to deliver transparency and accountability for the American people, an effort they will continue on Tuesday as regulators testify before the Senate Banking Committee. In a letter to Jerome Powell, Chairman of the Federal Reserve and Mary Daly, President and CEO of the Federal Reserve Bank