William L. Clay: “President Trump's proposals would have far-reaching negative consequences for the economy.”

That bill would restrict insurers from considering 11 different factors, while setting actuarily-sound rates.

I believe that regulatory relief should always be done with careful consideration in order to protect the safety and soundness of our financial system.

Dodd-Frank focused on restoring reasonable safeguards to better protect consumers from the kind of predatory lending that hurt so many people just a few years ago.

Only with a substantial increase in Federal support and a national commitment to expanding community-based treatment will we have even the basic tools to combat this epidemic.