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  • Budd Terrorism Bill Passes House
    Posted in Press Releases on July 25, 2017 | Preview rr
    Tags: Congress-DO NOT USE THIS ONE

    Bipartisan Budd legislation included in Russia Sanctions Act Washington, D.C. -- U.S Representative Ted Budd's first bill was passed by the US House today. The terrorism bill was included in the the Russia, Iran, and North Korea Sanctions Act, an effort to use economic sanctions to deter bad behavior by rogue states, including the Russian-sponsored hacking of the presidential election. The bipartisan Budd-Sinema legislation establishes a comprehensive national strategy to combat the financing of... Read more

  • Budd Draws Attention to Contracting Malfeasance
    Posted in Press Releases on July 12, 2017 | Preview rr
    Tags: Congress-DO NOT USE THIS ONE

    U.S. Representatives Ted Budd (NC-13) and Walter Jones (NC-3) sent a letter to the Secretary of the Air Force sharing the accounts of two former majors in the 6th Special Operations Squadron of a failed 2013 contracting effort for weaponized agricultural aircraft. The majors detail a troubling account of contracting malfeasance at the 645th Aeronautical Systems Group, known as “Big Safari.” The chain of events described by the majors in the letter mirror a similar pattern seen in the Kenya Forei... Read more

  • Budd Statement on KC-130 Crash
    Posted in Press Releases on July 11, 2017 | Preview rr
    Tags: Congress-DO NOT USE THIS ONE

    U.S. Representative Ted Budd (R-NC) released the following statement on the loss of 15 US Marines and 1 Sailor in the KC-130 airplane crash in Leflore County, Mississippi en route from Marine Corps Air Station Cherry Point, N.C: “The loss of 15 US Marines and 1 Sailor in yesterday’s tragic plane crash in Mississippi is devastating. With a heavy heart we are sending our thoughts and are prayers to the families and loved ones of the service members lost. My condolences are with everyone who is tou... Read more

  • Budd, Sinema Introduce Legislation to Combat Terrorist Financing
    Posted in Press Releases on June 29, 2017 | Preview rr

    Representatives Ted Budd (R-NC) and Kyrsten Sinema (D-AZ) introduced the National Strategy for Combating Terrorist and Other Illicit Financing Act. This bipartisan legislation directs the Secretary of the Treasury, in coordination with other federal agencies, to establish a comprehensive strategy to combat the financing of terrorism and related forms of illicit finance. “A goal without a plan is just a wish,” said Rep. Budd. “Our goal is to eradicate the international illicit financing networks... Read more

  • Budd Statement On Passage of Financial Choice Act
    Posted in Press Releases on June 8, 2017 | Preview rr
    Tags: Congress-DO NOT USE THIS ONE

    Representative Ted Budd (R-NC) released the following statement in regards to the passage of the Financial CHOICE Act: “The more complicated the system, the more likely it is to break down. Dodd-Frank is nothing if not complex, adding 400 new rules and 2,300 pages of new regulations onto the financial system. The Financial Choice Act replaces this complexity and weakness with simplicity and strength. Under Choice, banks that, in essence, keep significant cash on hand as a shock absorber against ... Read more

  • Budd, Hensarling, Luetkemeyer Make the Case Against the Durbin Price Control
    Posted in Press Releases on June 8, 2017 | Preview rr
    Tags: Congress-DO NOT USE THIS ONE

    Representative Ted Budd (R-NC) was joined by Chairman of the House Financial Services Committee, Jeb Hensarling (R-TX), and the Chairman of the Subcommittee on Financial Institutions and Consumer Credit, Blaine Luetkemeyer (R-MO), for a colloquy on the damages that the Durbin Amendment has wreaked on the welfare of low-income consumers and the American financial system at large. During the colloquy, Rep. Budd made the following remarks: I draw a distinction between political costs and real cost... Read more

  • NC Lawmakers Urge ITC to Uphold the Public Interest and North Carolina Manufacturing Jobs
    Posted in Press Releases on June 1, 2017 | Preview rr
    Tags: Congress-DO NOT USE THIS ONE

    Washington, D.C., Representative Ted Budd (NC-13) and three other lawmakers sent a letter urging the Chairman of the Internal Trade Commission (ITC) to consider the North Carolina manufacturing jobs at stake before making a ruling in a patent infringement dispute between Diebold-Nixdorf, an American manufacturer of Automated Teller Machines (ATMs), and Hyosung, a Korean ATM maker. Rep. Ted Budd (NC-13) and Chairman Mark Walker (NC-6) released the following statement after sending the letter to t... Read more

  • Budd Applauds Oversight Committee’s Decision to Order Air Force to Turn Over Documents in Kenya Deal
    Posted in Press Releases on May 23, 2017 | Preview rr
    Tags: Congress-DO NOT USE THIS ONE

    Rep. Ted Budd (R-NC), whose efforts at oversight of the recent Kenya Foreign Military Sale have been stonewalled by the Air Force, released the following statement in the wake of the House Oversight and Government Reform Committee’s decision to require the Air Force to turn over vital documents in the Kenya Foreign Military Sale: “The fundamentals of this case remain the same. A secretive acquisition unit of the Air Force, known as Big Safari, continues to purchase light attack aircraft from a ... Read more

  • A Vote To Keep Durbin Amendment Violates Core Free-Market Principles
    Posted in Press Releases on May 18, 2017 | Preview rr
    Tags: Congress-DO NOT USE THIS ONE, Economy

    Representative Ted Budd (R-NC) spoke on the House floor on the importance of preserving the Durbin Amendment repeal in the Financial Choice Act. Two weeks ago, the Financial Choice Act passed the House Financial Services Committee with a full repeal of the Durbin Amendment included. Pro-price control groups are fighting to strip the provision through a procedural technique in the House Rules Committee, a closed-door process that, if successful, will not allow Congress to sidestep a public debat... Read more

  • A Vote To Keep Durbin Amendment Violates Core Free-Market Principles
    Posted in Press Releases on May 18, 2017 | Preview rr
    Tags: Congress-DO NOT USE THIS ONE

    Representative Ted Budd (R-NC) spoke on the House floor on the importance of preserving the Durbin Amendment repeal in the Financial Choice Act. Two weeks ago, the Financial Choice Act passed the House Financial Services Committee with a full repeal of the Durbin Amendment included. Pro-price control groups are fighting to strip the provision through a procedural technique in the House Rules Committee, a closed-door process that, if successful, will not allow Congress to sidestep a public debat... Read more

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