Banking/Financial

  • A National Day of Mourning: Remembering George H.W. Bush
    Dec 5, 2018 - Rep. Loudermilk (R-GA) issued the following statement in honor of today’s National Day of Mourning in remembrance of former President George H.W. Bush: “Today marks a National Day of Mourning in remembrance of former President George H.W. Bush, but in reality we celebrate a man’s life spent dedicate... More
  • 'The founding of the United States of America is unique'
    Nov 28, 2018 - Rep. Barry Loudermilk (R-GA) speaking on the House Floor in honor of the 77th Annual National Bible week. This special order, recognizes the historical and spiritual significance of the Bible in American culture. More
  • Rep. Waters, Sen. Warren targeting banks
    Nov 16, 2018 - Watch the latest video at foxbusiness.com Rep. Loudermilk (R-GA) on "Varney & Co." on the Fox Business Network discussing Rep. Maxine Waters', (D-Calif.), and Sen. Elizabeth Warren's, (D-Mass.), potential impact on the banks. More
  • Quarles quizzed over CECL, BSA concerns
    Nov 15, 2018 - From the National Association of Federally-Insured Credit Unions (NAFCU): Federal Reserve Vice Chairman of Supervision Randal Quarles acknowledged that implications of the Financial Accounting Standards Board's (FASB) current expected credit loss (CECL) standard aren't completely understood, but sai... More
  • Senators warn Trump to stop attacking the Federal Reserve
    Nov 13, 2018 - Watch the latest video at foxbusiness.com Rep. Loudermilk (R-GA) on "Bulls & Bears" on the Fox Business Network discussing how Senators Jeff Flake (R-Ariz.) and Chris Coons (D-Del.) are calling on President Trump to stop attacking the Federal Reserve. More
  • Rep. Loudermilk’s Bill to Increase Consumer Privacy and Modernize Financial Reporting Gains Support
    Nov 1, 2018 - Rep. Loudermilk's bill, the Financial Reporting Threshold Modernization Act, raises the currency transaction report (CTR) threshold from $10,000 to $30,000, which, in some instances, will reduce regulatory paperwork on small community banks and credit unions by almost 80 percent. Here's what some bu... More
  • Rep. Loudermilk Praises Law Enforcement, Emphasizes Civility
    Oct 26, 2018 - Rep. Barry Loudermilk (R-GA) issued the following statement after federal authorities arrested a man in connection to a string of suspicious packages sent to nationally prominent individuals: "I want to express my heartfelt appreciation to national, state and local law enforcement for their quick an... More
  • Rep. Loudermilk Co-Sponsors Bill to Secure our Borders
    Oct 24, 2018 - Rep. Barry Loudermilk (R-GA) issued the following statement after he co-sponsored the Build the Wall, Enforce the Law Act of 2018: “Republicans in the House remain focused on our national security, and securing our borders is the most important step in keeping America safe. We must continue to work ... More
  • Rep. Loudermilk Receives Taxpayers' Friend Award
    Oct 15, 2018 - | Rep. Loudermilk (R-GA) issued the following statement after receiving the Taxpayers’ Friend Award from the National Taxpayers Union (NTU): “Hardworking Americans deserve the freedom to determine what they do with their money, not elected bureaucrats. And, this Congress, Republicans have been focus... More
  • Judge Brett Kavanaugh Confirmed as Supreme Court Justice
    Oct 6, 2018 - Rep. Loudermilk (R-GA) issued the following statement after the Senate voted to confirm Judge Brett Kavanaugh to the United States Supreme Court: “My colleagues in the Senate did the right thing, confirming Judge Brett Kavanaugh to the U.S. Supreme Court. Judge Kavanaugh has led an exemplary life; a... More