Washington D.C. – U.S. Representative Ted Budd (R-NC) released the following statement after introducing the Veterans Entry Apprenticeship Act: “We have made a lot of progress over the past few years in reducing the number of unemployed veterans in America. However, 370,000 still remained unemployed in 2017. Last year, the House of Representatives passed several bills that have improved the lives of our veterans - specifically related to healthcare. “My bill, H.R. 433, would keep this momentum g...
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Advance N.C. – U.S. Representative Ted Budd (NC-13) is pleased to announce the Thirteenth District Service Academy Nomination Board. The nomination board met on Saturday in Rep. Budd’s Advance office to review applications, interview candidates, and recommend those qualified for nominations to the various service academies. The board consists of veterans and community leaders from across the Thirteenth District. The members of the service academy nomination board are Mr. Ronald Hope of Bermuda ...
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Washington, D.C. - Yesterday, U.S. Representative Ted Budd (R-NC) and U.S. Representative Stephen Lynch (D-MA), reintroduced their bipartisan legislation, the Financial Technology Protection Act, that helps stop the illicit use of new financial technologies. The bill’s number in the 116th Congress is H.R. 56. Last year, the Financial Technology Protection Act (H.R. 5036), passed both the House Financial Services Committee and the House of Representatives with unanimous support. The Financial Tec...
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Washington D.C. – U.S. Representative Ted Budd (R-NC) released the following statement after voting in favor of funding remaining government agencies and in support of the border wall: “Tonight we took the first step in securing our Southern Border by funding President Trump’s wall. I hope the Senate will follow suit so that we can deliver on a promise that has been made to the American people.”
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Washington, D.C. - U.S. Representative Ted Budd (R-NC) released the following statement after introducing legislation that would block the Current Expected Credit Loss, or CECL, accounting standards from going into effect as they currently exist: “The implementation of CECL accounting standards is something I have been concerned about for sometime. I’ve tried to shine a spotlight on the issue and highlight the negative impacts that FASB’s new accounting standard will have on community financial ...
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Washington, D.C. - U.S. Representative Ted Budd (R-NC) released the following statement after announcing a new web page dedicated to the implementation of Current Expected Credit Loss, or CECL, accounting standards: “As we move into the 116th Congress, it’s time to examine new ways to shine a spotlight on CECL implementation. With the release of my new web page dedicated to CECL, I hope we’ve come up with an innovative way to do so. On my new site, you’ll see an area where you can share YOUR sto...
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Washington D.C. – U.S. Representative Ted Budd (R-NC) released the following statement after introducing the Veterans BOND Act: “In late October, I introduced the Veterans Benefits and Options Notification of Dental Insurance Act, or Veterans BOND Act. This legislation directs the Secretary of Veterans Affairs to inform individuals who are eligible to enroll in the dental insurance plan administered by the Secretary and the benefits of such plans. With a lot of confusion surrounding dental cover...
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Washington D.C. – U.S. Representative Ted Budd (R-NC) released the following statement after introducing the School SAFETY Results Act: “We can all agree that one innocent life lost at school is too many. Parents should never send their children to school in fear that they might not return. School safety is one of my top priorities, which is why I have introduced the School SAFETY Results Act. This bill would allow retired law enforcement officers to volunteer at their local schools as additiona...
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Washington D.C. – U.S. Representative Ted Budd (R-NC) released the following statement after leading a letter with members of the House Financial Services Committee to Federal regulators on the implementation Current Expected Credit Loss (CECL) accounting standards. “Last week, I sent a letter to five federal agencies who all have a part in implementing the new CECL accounting standards for our nation’s financial institutions. Our letter is a follow-up to a roundtable that we had with regulators...
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Statesville N.C. -- U.S. Representative Ted Budd (R-NC) released the following statement announcing the 2018 Veteran Information Session: “Please join me for the 2018 Veteran Information Session. Veterans’ Affairs service representatives along with veteran service nonprofit organizations will be on hand to discuss issues and benefits important to those who have served in America’s Armed Forces. Hear directly from the experts to learn more about healthcare, education, and financial assistance opp...
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