US Senator Mike Rounds’ Weekly Column: A Better Way to Determine How Your Tax Dollars are Spent

A Better Way to Determine How Your Tax Dollars are Spent By Sen. Mike Rounds (R-S.D.) President Trump recently sent his first budget proposal to Congress. Historically, a president’s budget, which is required by law to be submitted annually, is viewed as a framework for the administration’s priorities and typically kicks off the appropriations process […]

Rounds Statement on President’s Decision to Exit Paris Climate Agreement

Rounds Statement on President’s Decision to Exit Paris Climate Agreement WASHINGTON—U.S. Sen. Mike Rounds (R-S.D.) today issued the following statement on President Trump’s decision to exit the Paris Climate Agreement: “The Paris Climate Agreement placed costly new energy restrictions on the United States, which would be passed on to consumers in the form of higher […]

This week was a 1-2 punch against the much maligned Consumer Protection Finance Bureau

This week marked a 1-2 punch against the much maligned Consumer Protection Finance Bureau (CFPB) as not only was the overzealous government agency’s existence argued against in front of the 11-member court of appeals, but President Trump’s presented budget literally guts funding for the agency under the Republican president. First – the court case: Theodore Olson, […]

Uh oh…. Consumer Finance Protection Board has their eye on small business lending

Elizabeth Warren’s mutant stepchild, the Consumer Finance Protection Board has been signaling as of late that they are looking to look into various aspects of small business lending in a big way – and given their track record, that could spell trouble for community lenders: “Small businesses fuel America’s economic engine, create jobs, and nurture communities. […]