Rep. Ted Budd Helps Introduce Repeal CFPB Act

| Posted in Press Releases
Tags: Economy

Washington, D.C. – Rep. Ted Budd has helped introduce H.R. 6409, the Repeal CFPB Act, which would eliminate the Consumer Financial Protection Bureau. The bill was led by Rep. Byron Donalds (R-FL). Rep. Budd said in a statement: “The CFPB has been a textbook example of a federal agency that routinely overreaches it’s authority and completely lacks accountability. Its current director believes in re...

Burr, Tillis, & Budd Celebrate Major Economic Development Project at Greensboro-Randolph Megasite

| Posted in Press Releases
Tags: Economy

Liberty, N.C. -- Today, Sen. Richard Burr, Sen. Thom Tillis, Rep. Ted Budd, NC State Senator Dave Craven, and Randolph County Board of Commissioners Chair Darrell Frye, celebrated the announcement of a $1.29 billion initial megasite investment that will create more than 1,750 jobs. Senator Burr said: “More and more companies are seeing that North Carolina is a great place to do business. Over the ...

Rep. Ted Budd Tours Andersen Sterilizers Facility in Haw River

| Posted in Press Releases
Tags: Economy

Haw River, N.C. -- Today, Rep. Ted Budd toured the Andersen Sterilizers facility in Haw River and met with Founder & Chairman Dr. H.W. Andersen, President Dr. Bill Andersen, President & CEO A.E. “Ted” May, several other members of Andersen’s team, as well as NC State Representative Dennis Riddell. Rep. Budd said in a statement: “I’d like to thank Andersen’s leadership team for their warm welcome, ...

Rep. Ted Budd Statement Opposing BBB Spending Spree

| Posted in Press Releases
Tags: Economy

Washington, D.C. -- Rep. Ted Budd (R-NC) released the following statement opposing the “Build Back Better Act”: “No country has ever taxed and spent their way to prosperity, but that’s exactly what President Biden and Congressional Democrats are trying to do. This multi-trillion-dollar spending plan would expand the federal government’s control over every aspect of our daily lives. The cost of Pre...

Rep. Ted Budd Helps Introduce Bill to Fix Anti-Crypto Provisions in Infrastructure Bill

| Posted in Press Releases
Tags: Economy

Washington, D.C. -- Today, Rep. Ted Budd (R-NC) joined a bipartisan group of 10 House members to introduce the Keep Innovation in America Act. The bill provides clarity for innovators and investors in financial technology like cryptocurrency and blockchain by fixing the destructive digital asset reporting provisions in the Infrastructure Investment and Jobs Act. Read the full text of the bill HERE...

Biden’s Socialist Spending Spree Is Poisonous for America

| Posted in Opinion Pieces
Tags: Economy

The following opinion piece by Rep. Budd was published in Townhall: https://townhall.com/capitol-voices/congressmantedbudd/2021/11/18/bidens-socialist-spending-spree-is-poisonous-for-america-n2599301 When Joe Biden was campaigning for president, Democrats said the Biden presidency would be a return of the so-called “adults” to the White House. Biden promised to be a politically moderate leader foc...

Rep. Ted Budd Proposes Bill Requiring Biden White House to Complete Inflation Education Course

| Posted in Press Releases
Tags: Economy

Washington, D.C. -- Rep. Ted Budd (R-NC) has proposed a bill to require all personnel in the Biden White House to complete a financial literacy course focused on inflation. Text of the bill is HERE Rep. Budd said in a statement: “Under the Biden Administration’s tax and spend policies, inflation has grown into a full blown crisis. Consumer costs have risen by the highest rate in decades, and it’s ...

Rep. Ted Budd Receives Defender of Small Business Award in Asheboro

| Posted in Press Releases
Tags: Economy

Asheboro, N.C. -- Today, Rep. Ted Budd (R-NC) joined community leaders, elected officials, and the Job Creators Network (JCN) for the Bring Back Small Business Bus Tour, where he was awarded with JCN’s Defender of Small Business Award. The event highlighted the challenges faced by small businesses in Asheboro and across North Carolina and voiced opposition to debilitating, job-killing taxes and re...

Rep. Ted Budd at GOP Press Conference: “Joe Biden has failed the American People”

| Posted in Press Releases

Washington, D.C. -- Today, Rep. Ted Budd (R-NC) spoke at a press conference alongside House Minority Whip Steve Scalise (R-LA), Rep. Byron Donalds (R-FL), and dozens of Republican Study Committee members strongly opposing President Biden’s radical, far-left legislative agenda. Video of the remarks: Text of the prepared remarks: Less than one year into the Biden presidency, America is stumbling fro...

Rep. Ted Budd’s Fair & Open Competition Act Featured by Republican Policy Committee

| Posted in Press Releases
Tags: Economy

Washington, D.C. -- Rep. Ted Budd (R-NC) sat down with Republican Policy Committee Chairman Gary Palmer (R-AL) to discuss Rep. Budd’s efforts to ensure fair and open competition in government infrastructure projects. They discussed Rep. Budd’s Fair Open Competition Act. Rep. Budd introduced this bill in February 2021 and submitted it as an amendment in June 2021. The video is below: More informati...

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