Recent Press Releases

Washington, D.C.U.S. Senate Republican Leader Mitch McConnell made the following remarks on the Senate floor regarding the administration’s need to focus on job creation measures:

“If anybody had any doubts that Washington Democrats wanted to see the unemployment insurance bill fail – well, I think those doubts were erased yesterday.

“It’s just the latest example of Senate Democrats putting politics over policy. And in this case, it’s doubly tragic, because this time, they’re putting politics over struggling families who deserve some certainty from Congress.

“Look: It’s no secret that Democrats plan to spend the year exploiting folks who are still struggling in this economy for political gain. They’ve been telling reporters that for weeks. But that doesn’t make it any less disturbing. It’s still wrong.

“I’d probably want to be talking about something other than Obamacare too if I’d voted for it. But to create a conflict where the possibility for agreement was so close, while more than a million people are stuck in the middle, is just outrageous.

“And here’s the larger issue.

“Here we are, in the sixth year of this administration and we’re still talking about emergency unemployment benefits. After all the stimulus bills and all the other big-government solutions that we were told would help the little guy, we’re still looking at record long-term unemployment. We’re still looking at hundreds of thousands of able-bodied men and women basically giving up on finding work in this economy last month alone. One report I saw even suggests that about half of our nation’s counties have yet to return to their pre-recession economic output.

“Bottom line: The Obama economy just isn’t working for middle-class Americans.

“Democrats tell us again and again that their policies will help people who are struggling, and yet we always seem to end up in the same situation: debating whether or not to provide more emergency help instead of talking about how to provide a long-term solution and a stable economy that doesn’t require permanent life-support from Washington.

“So what’s needed here is a fundamental course correction.

“What’s needed is for our colleagues to finally acknowledge what’s failed, and then actually work with us on the underlying problems.

“That’s what Republicans are saying in this debate. What we’re saying is, how about we actually try to create jobs?

“That will be the President’s challenge today when he speaks in North Carolina. We hear he might lay out some ideas to get the private sector moving again. If that’s the case, then maybe he’ll be taking a step in the right direction – a step away from the big-government policies that have failed so many Americans for so many years.

“Because if he’s truly serious about getting the economy back on track and creating jobs, he’ll do more than just talk about job creation or bipartisanship today – he’ll actually work with us on real bipartisan solutions to get there.

“And there are some simple ways he can show he means it.

“The Republican-controlled House has sent over a number of bills that would give a boost to jobs and the economy. A good start would be for the President to lean on the Democrats who run the Senate to take those up for immediate consideration. He could acknowledge the real pain that Obamacare is inflicting on middle-class families, then work with us to start over with real bipartisan reforms that actually lower costs and won’t hurt the economy the way Obamacare does.

“He could call for true, bipartisan tax reform. He could announce construction of the Keystone Pipeline, which would help create thousands of American jobs right away. And he could actually deliver on one of the brightest spots of his economic agenda: trade. That means, instead of allowing the U.S. to lag behind our trading partners, the President could find a way to bring his party on board with a bipartisan bill introduced last week that would get the administration back in the game of helping American workers with increased exports.

“These are just a few of the many areas where we could work together to get some good things done for the American people.

“So I hope he’ll be serious in his speech today. I hope he’ll focus on actually getting the job done, instead of just providing another distraction from the pain of Obamacare and the Obama economy.

“Because if this devolves into just another political exercise that’s focused more on making a point than making a real difference in the lives of people who are struggling – well, that won’t help middle-class families get back on their feet. That won’t help college graduates find full-time work. And all it would do is to continue a cycle of economic pain that the President needs to work with Republicans to stop.”

Washington, D.C. – U.S. Senate Republican Leader Mitch McConnell and Senator Rand Paul introduced legislation today to help rural counties in Kentucky who are being hurt by the Obama Administration’s policies, as established by the Consumer Financial Protection Bureau (CFPB), which restrict rural lending practices.

The HELP Rural Communities Act would give rural counties in Kentucky a voice when the CFPB has incorrectly labeled them as “non-rural”—just another example of this administration’s one-size-fits-all, we-know-best approach to governing. Several counties in Kentucky, such as Bath County, have been labeled as “non-rural,” and are therefore barred from certain rural lending practices that are helpful to farmers and small businesses.

“If you’ve ever been to these counties, as I have, you would most certainly disagree with the CFPB’s ruling. But current law provides no opportunity to challenge the CFPB’s decision. Our bill would allow counties that have been improperly designated as “non-rural” to petition the CFPB with additional local information to reconsider their status in order to ensure that rural communities, such as those in eastern Kentucky, have the access to credit they need to grow their economy,” Senator McConnell said. “This is an important step in the effort to renew hope for the future in rural Kentucky and especially eastern Kentucky. Given the bipartisan interest shown in recent weeks to get government out of the way and let the people of the region work, Congress and the president should come together to pass this legislation on behalf of eastern Kentuckians and rural communities.”

Senator Paul said, "This important legislation will provide an opportunity for rural communities across the country to challenge big government bureaucracies, such as the Consumer Financial Protection Bureau, from improperly designating them as “non-rural.”  Rural communities rely heavily on this designation, as it allows financial institutions to provide important financial products and credit to small businesses and farmers who depend on it in these areas. I will continue to work diligently with the Kentucky delegation to pass this legislation for the betterment of our rural areas."

Ballard Cassady, President and CEO of the Kentucky Bankers Association, praised Senators McConnell and Paul’s efforts today. “This legislation would provide an opportunity for rural communities to provide input into federal , top-down decisions that they may not have access to, which would help in the determination of whether a county qualifies as rural or not.  This legislation is crucial in helping rural communities to have access to the credit they need to survive. We commend Senators McConnell and Paul for standing tall for rural Kentuckians by representing their needs in Washington,” Cassady said.

Representative Andy Barr introduced this legislation in July of 2013 in the House of Representatives.

Washington, D.C.U.S. Senate Republican Leader Mitch McConnell made the following remarks on the Senate floor regarding his legislation, co-sponsored by Senator Rand Paul, Helping Expand Lending Practices (HELP) in Rural Communities Act, which would give rural counties in Kentucky a voice when the Consumer Financial Protection Bureau (CFPB), has incorrectly labeled them as “non-rural”:

“I’ve spoken often on this floor about the challenges and opportunities for the future that the people of eastern Kentucky and rural parts of the Commonwealth face. Many of these challenges stem from this administration’s regulatory overreach—whether it is the War on Coal, Obamacare, or Dodd-Frank. Too many people are out of work, which has placed a drastic burden on the coal mining industry and harshly cut the number of jobs available in the coal mining industry and related industries.

“In spite of the challenges the people of eastern Kentucky face, however, I have great confidence that we can overcome them and succeed. I was pleased to be able to assist the Kentucky Highlands Investment Corporation in receiving a Promise Zone designation, which was awarded last week. That’s why I wrote the administration in support of the designation last year. This economic initiative is just one way to help jumpstart the region’s journey out of economic distress.

“But we need more. My friend and colleague in the other chamber, Representative Hal Rogers, is leading an effort to identify ways to lift Appalachia out of the cycle of poverty and unemployment through the SOAR Initiative, and I applaud his efforts.

“To offer yet another possibility for eastern Kentucky, my friend and colleague Senator Rand Paul and I introduced the Economic Freedom Zones Act, to further enable eastern Kentucky to lift the burdens on some of the poorest families in the country. Our legislation would roll back government regulations and tax barriers to spur job creation, and reform failed education systems to aid disadvantaged children.

“So, continuing my efforts to find ways to assist these rural counties and give these communities a voice, I am pleased to introduce today, along with Senator Paul, the Helping Expand Lending Practices in Rural Communities Act, or simply the HELP Rural Communities Act.

“My friend and colleague Representative Andy Barr introduced this legislation in the House of Representatives, and I applaud his efforts to see it passed.

“The HELP Rural Communities Act would give rural counties in Kentucky a voice when the Consumer Financial Protection Bureau, or CFPB, has incorrectly labeled them as ‘non-rural’—just another example of this administration’s one-size-fits-all, we-know-best approach to governing. Several counties in Kentucky, such as Bath County, have been labeled as ‘non-rural,’ and are therefore barred from certain rural lending practices that are helpful to farmers and small businesses.

“If you’ve ever been to these counties, as I have, you would most certainly disagree with the CFPB’s ruling. But current law provides no opportunity to challenge the CFPB’s decision. My bill would allow counties that have been improperly designated as ‘non-rural’ to petition the CFPB with additional local information to reconsider their status in order to ensure that rural communities, such as those in eastern Kentucky, have the access to credit they need to grow their economy.

“This is an important step in the effort to renew hope for the future in rural Kentucky and especially eastern Kentucky. Given the bipartisan interest shown in recent weeks to get government out of the way and let the people of the region work, Congress and the president can come together to pass this legislation on behalf of eastern Kentuckians and rural communities. I look forward to working with my colleagues, Representative Barr, and Senator Paul to see it passed.”