On the recordMay 22, 2018
Since returning to a Republican majority 8 years ago, the Financial Services Committee has set out to introduce and pass progrowth legislation that lessens the burdens unfairly put on community banks and credit unions and the customers they serve. Today's bill will allow for these institutions to do what they do best: focus on their communities. Mr. Speaker, this is something to celebrate. Under the leadership of Chairman Hensarling, our committee has continuously made the case that the former administration's efforts were not only misguided, but made basic financial services less accessible to small businesses and low- and middle-income Americans. With passage of today's bill, that changes. American families' and businesses' access to credit will improve. This is credit they can and will use to buy a new car, achieve the dream of homeownership, expand their businesses, and, most importantly, create jobs. It is my sincere hope that we continue the momentum of today's vote and work with our Senate counterparts to roll back Washington red tape to further our Nation's economic growth and to continue to give hardworking Americans better access to affordable financial products. Mr. Speaker, I urge all Members to support this much-needed bipartisan legislation.
