The regulatory relief bill that passed the Senate just a few short weeks ago was crafted to get past the 60-vote cloture threshold. Our Senate colleagues are now asking the House to pass that deal without amendment because they don't have an interest in voting on the measure again. That is not the legislative process envisioned by the Framers of the Constitution and demonstrates a disregard for the policy work of the people's House. The House Financial Services Committee has worked tirelessly to pass bipartisan bills that will provide necessary regulatory relief to Main Street America. Chairman Hensarling has identified 15 commonsense bills that passed out of the Financial Services Committee with broad bipartisan support and have the support of the ranking member. Yet some in the Senate continue to insist that any amendment to legislation is inadmissible. While I support the goal of providing much-needed relief to our community banks and credit unions, I believe we should take a more thoughtful and inclusive approach that considers the will of the people as represented in this body. Mr. Speaker, I would like to thank the leadership in the House, as well as Chairman Hensarling, for fighting for the bipartisan policy initiatives of the Members of this Chamber in the regulatory relief process. ____________________
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