In the News
Exploring options for Franklin
Oct 28 2009
Senator Warner sent a letter to the CEO and Board of Directors of International Paper, Inc., today, asking for a meeting to discuss their decision last week to close their facility in Franklin, which will put 1,100 employees out of work.
Investments in new energy technology
Oct 28 2009
Three Virginia energy companies will receive money from the economic recovery package to develop new technologies that will reduce energy costs and create jobs.
Senator Warner appeared on MSNBC's "The Ed Show" to discuss his recent proposal to more aggressively act to boost small business lending by re-allocating some of the TARP funds and getting the banks to open up lines of credit for small businesses to grow.
Meeting community leaders in Franklin
Oct 26 2009
Senator Warner traveled to the City of Franklin on Sunday to meet with community leaders to discuss what to do following last week's announcement that the International Paper facility there will close next year, leaving 1,100 people unemployed.
Senator Warner released the following statement today after learning that International Paper will shut-down its facility in the City of Franklin, which has been in the community for more than 120 years:
The Wall Street Journal talks to Senator Warner on his reaction to President Obama's proposal to increase loans backed by the U.S. Small Business Administration, and his letter, signed by one-third of the U.S. Senate, to the President urging more help for small businesses.
More action to revive small business lending
Oct 21 2009
Senator Warner and 31 of his Senate colleagues are urging the Obama Administration to do more to support America’s struggling small businesses by increasing the availability of credit.
Urging lenders to give drywall victims a break
Oct 20 2009
Senator Warner sent a letter to banks and mortgage lenders today, urging them to work cooperatively with Virginia families dealing with health and safety issues linked to the use of Chinese drywall.
Bloomberg News explains Senator Warner's ideas to push regulators to consider ways to jumpstart credit to small companies, which he says is dwindling even after efforts to provide government support.
Effort Underway to Speed Aid to Small Businesses
Oct 15 2009
The Washington Post highlights Senator Warner's efforts to develop initiatives to make billions of dollars of bailout funds available to small businesses through community banks.
