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Bipartisan Legislation Introduced to Prevent the Flight of Billions of Dollars in Foreign Bank Deposits Out of U.S. Economy

| Posted in Press Releases

Today bipartisan legislation was filed by U.S. Representatives Bill Posey (R-FL) and Gregory Meeks (D-NY) to prevent the flight of billions of dollars in foreign bank deposits from U.S. banks. The IRS recently proposed overturning a nearly 100 year old policy, without direction from Congress, with a regulation requiring all U.S. banks to report annually on the amount of interest paid to…

Posey Bill to Name Cocoa Post Office in Honor of Harry T. and Harriette Moore

| Posted in Press Releases

Congressman Bill Posey (R-Rockledge) recently introduced legislation naming a U.S. Post Office in Cocoa in honor of Harry T. and Harriette Moore. The Moores are celebrated locally and nationally as leaders in the modern civil rights movement. The entire Florida Congressional delegation has cosponsored Posey's bill. “This bill commemorates the Moores’ legacy in a town where Mr. Moore…

Final Launch of Space Shuttle Atlantis Suspends America’s Ability to Access Space

| Posted in Press Releases

Today Space Shuttle Atlantis (OV-104) made its 33rd and final launch into space marking the end of the U.S. Space Shuttle program and the end to America’s ability to access space for the foreseeable future. Upon completion of its final mission, STS-135, Shuttle Atlantis will be retired to its permanent home at Central Florida’s Kennedy Space Center. “I salute our brave Astronauts and…

Compelling Hearing Held on Posey Bill to Assist Community Banks, Small Businesses and Homeowners

| Posted in Press Releases

The House Financial Services Committee’s Subcommittee on Financial Institutions and Consumer Credit held a hearing today to consider legislative proposals to address the arbitrary and job-killing bank examination practices of federal bank regulators as applied to local community banks. Central to the hearing was Congressman Bill Posey’s legislation to halt the recent trend of…

Posey Salutes Nation’s Heroes on America’s 235th Birthday

| Posted in Press Releases

Congressman Bill Posey (R-FL) released the following statement in honor of our nation’s July 4th celebrations: “As we commemorate Independence Day this year I wanted to take a moment to thank our military men and women, and our veterans for their service to our nation. Without the dedication of service members who have made the conscious decision to make great personal sacrifices, up…

Posey Seeks Justice for American Teacher Brutally Murdered in Spain

| Posted in Press Releases

U.S. Representative Bill Posey (R-Rockledge) released the following statement regarding the case of Laura Cerna: “My staff and I have been assisting in this tragic case and working with other Members of Congress to raise our concerns with Spanish officials since the Cerna family contacted my office in October. This is a heartbreaking situation and sadly, in my view, Spanish judicial…

Posey to Host Fourth Brevard Entrepreneur Summit in August

| Posted in Press Releases

Congressman Bill Posey (R-Rockledge) will host a fourth Entrepreneur Summit in Brevard County to continue efforts to bring together various entrepreneurs from across the 15th Congressional District to showcase their innovative technologies to the public and potential investors. The Entrepreneur Summit will take place in the Hartley Room at the Denius Student Center of the Florida…

Posey Votes to End Libya Conflict; Prohibit Ground Troops from Being Deployed

| Posted in Press Releases

Congressman Bill Posey (R-Rockledge) today voted in support of two resolutions concerning the ongoing U.S. military action in Libya. The House considered H. Res. 292, which declares that the President shall not deploy members of the United States Armed Forces on the ground in Libya, and H. Con. Res. 51 which directs the President to remove the United States Armed Forces from Libya,…

Posey: Orion Capsule a Sound Choice but NASA’s New Heavy Lift Rocket Still Needs a Destination

| Posted in Press Releases

Congressman Bill Posey (R-FL) issued the following statement concerning NASA’s decision to use the Constellation Program’s Orion Capsule to send American Astronauts into space: “NASA’s decision to utilize the Orion Capsule that was originally designed for the Constellation program is positive news,” said Congressman Bill Posey. “Until the Administration ended it, the Constellation…

Posey: No More Blank Checks for Washington

| Posted in Press Releases

With the support of Congressman Bill Posey (R-Rockledge), the House of Representatives this evening voted against raising the nation’s $14.2 trillion debt limit by another $2.4 trillion. Over the past 4 years, Congress has voted 6 times to raise the statutory debt ceiling resulting in an additional $5.3 trillion added to the debt. In total, Congress has raised the debt limit 76 times…

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