Senators Collins and King Applaud SEC Decision to Delay Proposal Requiring Investors to Opt In to Receive Financial Information in Paper Form

Washington, D.C. — U.S. Senators Susan Collins and Angus King released the following statement today on the recent announcement that the Securities and Exchange Commission (SEC) has decided to not pursue a proposed rule at this time that would have required individuals to opt in to receive mutual fund information in paper form. Senators Collins and King have strongly advocated to keep paper as the default delivery method for financial disclosures. 

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Maine Congressional Delegation Responds to EU Committee’s Dismissal of Proposed Lobster Ban

Washington, D.C. — U.S. Senators Susan Collins and Angus King and U.S. Representatives Chellie Pingree and Bruce Poliquin responded to today’s announcement that the European Commission’s Committee on Invasive Alien Species has decided that they will not proceed with the listing of American lobster as an invasive species at the European Union level. The decision brings an end to the proposal that threatened to end live American lobster exports to EU countries.

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U.S. Senators Collins and King Announce $185,400 for New Beginnings in Lewiston

Washington, D.C. — U.S. Senators Susan Collins and Angus King announced today that the Lewiston non-profit New Beginnings, Inc. will receive $185,400 through the U.S. Department of Health and Human Services (DHHS) to help expand New Beginnings’ outreach services and support their work to improve the lives of homeless as well as runaway youth and families in crisis. New Beginnings’ outreach program connects with youth who live outside the traditional service system in high-poverty urban and rural areas in central and western Maine.

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Senator Collins’ Statement on Donald Trump’s Remarks

Washington, D.C. — Following the release of remarks made by Donald Trump in 2005, Senator Collins released this statement:

“Donald Trump's lewd comments are the latest in a series of remarks he has made ranging from inappropriate to reprehensible that demonstrate why he is unsuitable for the presidency.  It was comments like these, including the statements he made about John McCain, a disabled reporter, the family of a fallen soldier and more, that caused me to decide this summer that I could not support his candidacy.”

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Collins, King Announce $20 Million in Low-Interest Loans for Rural Maine Communities

Washington, D.C. — U.S. Senators Susan Collins and Angus King announced today that CEI in Brunswick has received a direct loan of $20 million as a Re-Lender through USDA Rural Development’s Community Facilities Direct Loan & Grant Program. As a Re-Lender, CEI will use the loan to distribute low fixed interest rate loans to purchase, construct, or improve community facilities, such as libraries or senior centers, in high-poverty, rural communities.

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