Senator Mike Crapo News

The Politics Behind the Push for a Federal Marijuana Business Banking Law

Senator Jeff Merkley once shadowed a cannabis grower and dispenser as he tried to pay his state taxes. He stuffed a backpack with $70,000 in $20 bills and drove 50 miles — unguarded — with the bulging bag in the …

Analysts Weigh Chances Next Congress Will Actually Reform Flood Insurance

With the clock ticking on the National Flood Insurance Program’s authorization that is set to run out this Friday, Nov. 30, Congress is expected to renew the program short-term by taking one of several routes: passing a bill to extend …

Rewrite of Senate Banking Bill Tough for Wall Street Banks

Wall Street banks don’t have much to celebrate in what’s probably the final version of a bill easing financial rules that is headed for a U.S. Senate vote. Late Wednesday, Senate Banking Chairman Mike Crapo, an Idaho Republican, proposed some …

Senator Seeks Review of Consumer Bureau Data Collection

The U.S. Senate Banking Committee’s top Republican is asking the investigative arm of Congress to determine whether the Consumer Financial Protection Bureau is acting within its powers in a sweeping data collection effort. Senator Mike Crapo, an Idaho Republican, made …