Sen. Cramer: Senate Passes Legislation to Remove Deceitful Chinese Companies from US Stock Exchanges

WASHINGTON — U.S. Senator Kevin Cramer (R-ND), a Senate Banking Committee member, issued the following statement on the Senate – by unanimous consent – passing S. 945, the Holding Foreign Companies Accountable Act:

“Communist China routinely flouts congressionally established requirements for participating in US stock exchanges. Our Holding Foreign Companies Accountable Act increases transparency, protects American investors, and prevents companies owned or controlled by foreign governments...

Sens. Cramer, McSally Introduce Legislation to Diversify U.S. Medical Supply Chain, Reduce Dependence on China

WASHINGTON – U.S. Senators Kevin Cramer (R-ND) and Martha McSally (R-AZ), Senate Banking Committee members, on Wednesday introduced the Securing America’s Vaccines for Emergencies (SAVE) Act. This legislation would diversify the country’s medical supply chain and reduce U.S. dependence on China.

“No free country should have to rely on communists to get life-saving medical resources,” Cramer said. “The SAVE Act bolsters our medical supply chain, both now during COVID-19 and in the event of...

Sen. Cramer, Colleagues Call for Regulatory Relief for Businesses

WASHINGTON—Senator Kevin Cramer joined Senator Marsha Blackburn and several of their colleagues in writing a letter “urging leadership to provide businesses with regulatory relief in the wake of the economic crisis caused by the global pandemic.”

Please see the release here from Senator Blackburn’s office for more information and text of the letter.

Sen. Cramer, Colleagues Introduce Legislation to Give States, Cities Greater Flexibility with COVID-19 Relief Funds

WASHINGTON, D.C. – U.S. Senators Kevin Cramer (R-N.D.), Dan Sullivan (R-Alaska), Sheldon Whitehouse (D-R.I.), Lisa Murkowski (R-Alaska), Shelley Moore Capito (R-W.Va.), and Angus King (I-Maine) have introduced the Coronavirus Relief Fund Flexibility Act, legislation that would allow the federal relief funds provided to local governments in the Coronavirus Aid, Relief, and Economic Security (CARES) Act to be used to replace revenue shortfalls resulting from the pandemic. The legislation would...

Sen. Cramer: EXIM Bank Increases U.S. Exporter Access to Capital and Supply Chain Funding, Raises Lender Guarantee Cove

WASHINGTON – U.S. Senator Kevin Cramer (R-ND), a Senate Banking Committee member, issued the following statement on the Export-Import (EXIM) Bank of the United States raising the guarantee coverage option for the Supply Chain Finance Program (SCF) and Working Capital Guarantee Program (WCGP):

“EXIM raising the guarantee coverage option for these programs will make it easier for our exporters and suppliers to get the capital they need to stay afloat. Helping to prevent vital parts of our economy...

Sen. Cramer: Trump Administration Agrees to Path Forward on COVID-19 Funds for Tribes

WASHINGTON – U.S. Senator Kevin Cramer (R-ND) issued the following statement on the Trump Administration agreeing on a path forward to provide Coronavirus Relief Fund dollars to Native American Tribes today:

“COVID-19 is attacking the physical and economic well-being of tribes in North Dakota and across the country. I am encouraged to see the Administration is taking a step to grant the funds we appropriated for tribal needs, and I will continue working with our tribes to make sure they have...