Democrats on Senate Banking Committee Block Hagerty’s Amendment to Prevent Drug Cartels from Laundering Fentanyl and Meth

On Wednesday, U.S. Senate Banking Committee Democrats voted against an amendment proposed by U.S. Senator and member of the Senate Banking Committee Bill Hagerty (R-TN) to the Secure And Fair Enforcement Regulation (SAFER) Banking Act to prevent drug cartels from laundering fentanyl and meth in the United States.

The SAFER Banking Act Introduced by U.S. Senators Steve Daines (R-MT) and Jeff Merkley (D-OR) aims to allow banks and credit unions to serve cannabis businesses and their workers in states where cannabis is legal.

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Senator Bill Hagerty Joins Effort Demanding Answers on SEC Predictive Data Proposal

U.S. Senator and member of the Senate Banking Committee Bill Hagerty (R-TN) joined on Tuesday the effort against a new Securities and Exchange Commission (SEC) proposal claiming that it “would harm broker-dealers, investment advisors, and Main Street investors.”

This follows the SEC proposing a new rule on July 26th that requires broker-dealers and investment advisors, irrespective of their size, to confront challenges posed by predictive data analytics (“PDA”) and related technologies like artificial intelligence (“AI”).

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Tennessee U.S. Senator Bill Hagerty Leads Legislative Effort to Prohibit U.S. Asylum for CCP Members

U.S. Senator and member of the Senate Foreign Relations Committee Bill Hagerty (R-TN) is leading the effort to prohibit U.S. asylum for members of the Chinese Communist Party (CCP).

Hagerty along with U.S. Senator Marco Rubio (R-FL) along with six other Senate Republican colleagues have introduced the No Asylum for CCP Spies Act which aims to deny members of communist or totalitarian parties, like the CCP from being granted asylum in the U.S. and ensures under federal law that members of these parties are ineligible for immigration benefits.

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Senator Bill Hagerty Joins Legislative Effort to Secure the Southern Border

Tennessee U.S. Senator and member of the Senate Foreign Relations Committee Bill Hagerty (R-TN) joined the effort to secure the southern border by introducing companion legislation in the Senate to the House-passed Secure the Border Act of 2023.

Hagerty, U.S. Senator Ted Cruz (R-TX), along with nine other Senate Republican colleagues, on Monday introduced the companion legislation into the U.S. Senate.

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Tennessee Senator Bill Hagerty Signs on to Letter Urging Governmental Agency to Pause ‘Unfair’ Small Business Data Collection Rule

U.S. Senator Bill Hagerty (R-TN) signed a letter urging the Biden administration’s Consumer Financial Protection Bureau (CFPB) to pause the effective date of the Dodd-Frank Section 1071 small business data collection rule.

The rule would compel banks to gather private information on small business owners who apply for loans.

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Senator Hagerty to Tennessee Star: ‘I Am Very Rightly Concerned About the Biden Administration’s Competence to Execute Anything’

U.S. Senator Bill Hagerty criticized the Biden administration’s competence, handling of Afghanistan, the energy crisis and how it affects the situation in Ukraine, and discussed a recent trip he took to Japan during an exclusive interview with The Tennessee Star that occurred after a Wednesday afternoon joint press event held on border security with Governor Bill Lee outside his Nashville district office.

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