Political Quotes

“I thank my friend from Arizona for his insight, and I appreciate his comments here tonight. Mr. Speaker, in 2010, President Obama and Congress passed the Dodd- Frank legislation that attempted to reform Wall Street and end the too- big-to-fail problem. But instead of fixing the financial industry, Dodd-Frank was mainly served to excessively regulate local community banks, making it harder for individuals on Main Street to gain access to credit. The Financial CHOICE Act, sponsored by Chairman Jeb Hensarling from the Financial Services Committee, replaced Dodd-Frank with a system that holds Wall Street accountable, while also making credit more accessible for Main Street America. The bill passed the House with 233 votes. It has been stuck in the Senate for 148 days. I yield to the gentleman from West Virginia (Mr. Mooney), my friend and colleague, who sits on the Financial Services Committee, to talk about H.R. 10, the Financial CHOICE Act.”