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David Perdue: it is not often I get to come to the U.S. Senate with an uplifted heart, but today I do. Yesterday, two-thirds of this…

On the recordMarch 15, 2018
it is not often I get to come to the U.S. Senate with an uplifted heart, but today I do. Yesterday, two-thirds of this body got together on an issue that is so important to Main Street America and agreed. After weeks of negotiation and going back and forth, we passed a bipartisan banking bill, and I believe historians will look back on this week and this bill as being a watershed event. It was a measured bill. It didn't blow up Dodd-Frank; it didn't do away with it. It didn't go as far as some people wanted; it did more than others wanted, but two-thirds of us put the national interests above our own self- interests and passed a bill that will change the face of lending for small community banks and regional banks across our country. Last year, when President Trump became President, he said: Job one is growing the economy. After 8 years of the lowest economic performance in our history, he knew that if you are ever going to deal with the long-term debt crisis we have, you have to first grow the economy. He was right. His instincts were exactly right on. So what did we focus on? The President had us focus on regulations, energy, and taxes. I am happy to tell you, this body collectively agreed, and we got those things done. We reversed 860-some rules and regulations last year. We unleashed our energy potential, as the Presiding Officer knows very well.…
Said by
David Perdue
Republican · Georgia
Source
govinfo.gov
Mar 15, 2018

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