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  • Budd Announces New Current Expected Credit Loss (CECL) Website
    Posted in Press Releases on December 11, 2018 | Preview rr

    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... Read more

  • Budd Introduces Veterans BOND Act
    Posted in Press Releases on November 16, 2018 | Preview rr

    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... Read more

  • Budd Introduces School SAFETY Results Act
    Posted in Press Releases on November 2, 2018 | Preview rr

    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... Read more

  • Budd Sends Letter To Federal Regulators on Current Expected Credit Loss (CECL) Accounting Standards
    Posted in Press Releases on November 1, 2018 | Preview rr

    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... Read more

  • Budd Announces 2018 Veteran Information Session
    Posted in Press Releases on October 23, 2018 | Preview rr

    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... Read more

  • Budd Recognizes North Carolina’s 13th District Fulbright Award Recipients
    Posted in Press Releases on October 19, 2018 | Preview rr

    Washington D.C. – U.S. Representative Ted Budd (R-NC) released the following statement recognizing North Carolina’s 13th District Fulbright award recipients: “It is with great pride that I recognize the 2018 Fulbright Award recipients from North Carolina’s 13th district. For more than 70 years, the Fulbright Program has been on of the most sought-after educational exchange programs in the world. Selected through merit based competition, these Fulbrighters represent the excellence and diversity o... Read more

  • Budd Leads Letter to Secretary DeVos Calling to Address BDS Concerns on Campus
    Posted in Press Releases on October 1, 2018 | Preview rr

    Washington D.C. – U.S. Representative Ted Budd (R-NC) released the following statement after sending a letter to Secretary Betsy DeVos expressing strong concerns with recent reports that a University of Michigan professor denied writing a reference for a student as part of a anti-Israel boycott: “I was shocked to hear that a professor at a renowned American university reversed his willingness to write a reference for one of his students to study abroad in Israel because he was part of a larger w... Read more

  • Budd Sends Bipartisan Letter to SEC Seeking Token Clarity
    Posted in Press Releases on September 28, 2018 | Preview rr

    Washington D.C. – U.S. Representative Ted Budd (R-NC) released the following statement after sending a bipartisan, multi-member letter to the U.S. Securities and Exchange Commission Chairman, Jay Clayton: “Today I sent a bipartisan letter to the Chairman of the U.S. Securities and Exchange Commission, Jay Clayton. This multi-member letter asks for the SEC to clarify the criteria they use determine when offers and sales of digital tokens should be classified “investment contracts” and therefore s... Read more

  • Budd Bill H.R. 5036 the Financial Technology Protection Act Passes the House
    Posted in Press Releases on September 27, 2018 | Preview rr

    Washington D.C. – U.S. Representative Ted Budd (R-NC) released the following statement after H.R. 5036, the Financial Technology Protection Act, passed the House of Representatives: “Yesterday, H.R. 5036, the Financial Technology Protection Act, passed the House of Representatives unanimously. With such a strong vote in support of my bill, Congress showed that it understands that illicit financing networks are the lynchpin of any terrorist group’s or criminal organization’s operations. As we mov... Read more

  • Budd Votes to Help Families Save More Money
    Posted in Press Releases on September 27, 2018 | Preview rr

    Washington D.C. – U.S. Representative Ted Budd (R-NC) released the following statement after voting to help North Carolina families save more money: “Even though our economy has been growing over the past year and a half, many families aren’t feeling financially secure, and I’ve made it a priority to help in alleviating that insecurity any way I can. Today, I voted in favor of a bill that would help move us forward on that front. The Family Savings Act creates a universal savings account to enco... Read more

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