Political Quotes

On the recordFebruary 14, 2018
I thank Chairman Hensarling, and I am so grateful for his work on this package of bills that are so important. I rise today to speak in support of H.R. 3978, the TRID Improvement Act, and all the additional measures that have been included in the Rules Committee print. I am a cosponsor of four of the five bills. The TRID Improvement Act sponsored by Representatives Hill and Kihuen make important improvements to the TILA-RESPA integrated disclosure forms so home purchasers have the accurate representation of title insurance costs. I am also a strong supporter of the National Securities Exchange Regulatory Parity Act, which I cosponsored with Chairman Royce. This is a commonsense technical fix to a 20-year-old statute that didn't foresee an increase in the number of exchanges in today's competitive market structure. Currently, exchanges not named in the law must have substantially similar listing standards as those that are specifically named. This means the Chicago Stock Exchange, the CBOE, and others that have registered with the SEC since 1996 cannot be first movers in adopting innovative listing standards.…
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Randy Hultgren
Illinois

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