Hill Statement on the House’s Rollout of the Framework for the Financial CHOICE ActFor more information, contact: Mike Siegel, (202) 225-2506
Washington, DC,
June 14, 2016
– Today, after Speaker Paul Ryan announced the House’s to plan to grow the economy and reduce regulatory burdens, which included the framework of House Financial Services Committee Chairman Jeb Hensarling’s....
Today, after Speaker Paul Ryan announced the House’s to plan to grow the economy and reduce regulatory burdens, which included the framework of House Financial Services Committee Chairman Jeb Hensarling’s Financial CHOICE Act, Congressman French Hill (AR-02) released the following statement: “It has been almost six years since Dodd-Frank was passed, but we are just now experiencing the negative effects of its implementation. We are still experiencing the slowest period of economic recovery since World War II. Chairman Hensarling is putting forward a thoughtful plan to fundamentally reform the Nation’s financial system to remove unnecessary regulatory burdens that hurt consumers, strengthens access to capital and capital markets, and creates solutions for economic growth and job creation, while ending ‘too-big-to-fail’ and taxpayer bailouts, and holding Washington and Wall Street accountable. I look forward to working with the Committee to loosen the grip of bad laws and regulations that are hurting the market, killing jobs, and stunting economic growth.” ### |
