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
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
Daines Presses Biden Administration on Protecting American IP from China, Bolstering Montana Exports and Overseas Trade
U.S. SENATE—U.S. Senator Steve Daines at a Senate Finance Committee hearing today questioned U.S. Trade Representative Katherine Tai on the administration’s actions to counter China’s growing intellectual property abuses and the importance of a robust trade agenda to Montana and America. On the importance of trade for Montana farmers, ranchers, and small businesses: Senator Daines: “Thanks for coming here today. I think about 95 percent of our world consumers live outside the United States and as a guy who represents a state where agriculture is the number one economic driver, it’s very important that we get market access for agriculture for
During Questioning from Daines, HHS Secretary Refuses to Disavow Biden Medicare Tax Hypocrisy
U.S. SENATE—U.S. Senator Steve Daines at a Senate Finance Committee hearing today questioned Health and Human Services Secretary Xavier Becerra about President Biden’s FY24 budget. Secretary Becerra refused to disavow President Biden’s hypocrisy for dodging $500,000 in Medicare taxes. Daines also questioned the secretary on violence against crisis pregnancy centers and churches as well as potential cuts to Medicare Advantage. On the President’s Hypocritical Medicare Tax Increases: Senator Daines: “Mr. Secretary, the President’s proposed budget raises Medicare taxes because the President claims to care about the solvency of the Medicare program and that the wealthy should pay their fair share. However,
Daines Blasts Biden for Veto of Bill Protecting Retirement Savings from Politically Motivated Investments
U.S. SENATE –U.S. Senator Steve Daines today delivered the following remarks at the weekly Republican Senate Leadership press conference bashing the Biden administration for putting hardworking Montanans’ life savings at the mercy of the radical Left’s agenda. On Monday, President Biden vetoed bipartisan legislation intended to protect retirement savings from politicized investments based on environmental, social and governance, or ESG, criteria. “Just this past week, President Biden demonstrated how far left he’s willing to go. He vetoed a bipartisan bill that would have protected Montanans’ retirement savings just to satisfy the Left’s agenda. This is an important issue. Think about for seniors across America who worry about