Rep. Loudermilk Discusses Possible Government Shutdown on WBHF

In the News: The SEC Wants to Spy on Your Portfolio

WSJ:

As an American, you have a right to privacy—unless you own stock. The Securities and Exchange Commission has created a centralized database to track the personal and financial information of every U.S. investor. Congress should immediately stop this unconstitutional power grab.

We expressed these concerns to the SEC for years and have been ignored, but some in Congress share our objections. Rep. Barry Loudermilk and Sen. John Kennedy recently introduced legislation to stop the unconstitutional collection of U.S. investors’ personal information by the CAT. We hope other lawmakers will follow their lead. Regardless of political party, safeguarding Americans’ privacy should be ample reason to take action.

Rep. Loudermilk Supports Efforts to Pay Our Troops, Protect U.S. Exports, and Improve Federal Government Customer Service Standards

Paying Our Troops Act (Rep. Kiggans, R-VA)
- Appropriates existing unappropriated Treasury funds during FY24 for the purpose of paying active and reserve duty servicemembers, DoD/DHS civilians, and contractors that are designed by the Secretary of Defense as supporting the Armed Forces.
- Without this bill, or one similar, some servicemembers will go without pay. This has the hardest impact on reservists, including Dobbins ARB.

Letter from Rep. Steel (R-CA) to President Biden regarding European Union regulations on wood product imports
- Request the Biden Administration engage the European Union to ensure the impact on US wood exports is limited.
- Forest based manufacturing provides an annual economic impact of more than $36.3 billion, with more than $977 million in tax revenue generated. More than 55,000 people in the state of Georgia are employed by the forest industry, and there are more than 205 primary wood product manufacturing facilities in Georgia, 1100 secondary mills that further convert wood products into doors, furniture, paper products, and other. And probably the most impressive statistic of them all, the Georgia forest industry has experienced 7 straight years of positive growth.

Government Service Delivery Improvement Act (Rep. Khanna, D-CA)
- Requires the OMB Director designate or appoint a senior OMB official as Federal Government Service Delivery Lead.
- No new funding is authorized.
- Congressman Loudermilk is one of the co-leads of this bill. Announcement should be made soon.

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