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WASHINGTON – U.S. Senator Kevin Cramer (R-ND) joined Kevin Cirilli on Bloomberg TV to discuss the Fair Access to Banking Act, his bill to prevent discrimination by banks and financial service providers against constitutionally-protected industries and law-abiding businesses.
On the Fair Access to Banking Act:
“Any institution that enjoys the backing of the federal government and the backing of the tax payers shouldn’t be picking the winners and the losers based on anything other than the traditional cost-benefit analysis, risk analysis, and the established criteria; rather than the wokeness or the pressure from proxies and advocacy groups.”
Senator Cramer also discussed energy, infrastructure, and national security.
On Infrastructure:
“I don’t think there are a lot of Republicans that want to borrow any more trillions of dollars to add to the already depleting Highway Trust Fund. … We have to find a different way to formulate that. I think we ought to get creative. For example, fossil fuel development on federal lands. Rather than shutting it down, how about we use it as a way to appropriately fund the Highway Trust Fund and other infrastructure. A lot of infrastructure can be done by the private sector if you just get out of their way.”
On China:
“The threat of China has become a very bipartisan issue. It took some people a while to get there, but that is becoming low-hanging fruit for those that like to see bipartisan work.”
On the Supply Chain:
“The vulnerability of American supply chains in lots of industries, including the chip industry and pharmaceuticals and food – we’ve seen that vulnerability and what that can do to us. Why we acquiesce a lot of this stuff is unfortunate and now it’s time to get it back. I think there is a lot of bipartisan support for things like that.”
