Tom Emmer: “Today Congress has a rare opportunity to help millions of Americans achieve their version of the American Dream. The…”

“Today Congress has a rare opportunity to help millions of Americans achieve their version of the American Dream. The Economic Growth, Regulatory Relief, and Consumer Protection Act is the most significant progrowth, deregulation bill this Chamber has considered in years. This bipartisan, bicameral legislation will reduce the amount of red tape that prevents Americans from accessing the credit they need to buy a home, a car, or start or expand a business. It will foster economic growth and make regulation efficient, effective, and tailored. Perhaps most importantly, it will empower individual Americans to make independent financial decisions and informed choices in the marketplace. Dozens of the provisions in S. 2155 originated right here in the House, and I am pleased to see the text of my Home Mortgage Disclosure Adjustment Act and Keeping Capital Local for Underserved Communities Act, legislation that I worked on closely with my colleague from Wisconsin, Representative Gwen Moore, included in the bill today. Whether it is in Rockford, St. Cloud, or Forest Lake, Minnesota, I consistently hear from small banks and credit unions that want to be that next critical source of capital and support for families, businesses, and communities around the State. This bill will allow them to be just that. Mr.…”