Roy Blunt: “I want to join my colleague from West Virginia, as well as our friend from South Dakota, to say how much I appreciate…”

“I want to join my colleague from West Virginia, as well as our friend from South Dakota, to say how much I appreciate the effort that Senator Crapo has made to put this bill together. It is exactly how the Congress is supposed to work and how the Senate is supposed to work--a bipartisan bill. Frankly, I am sure it is a bill that everyone who will vote for it would have changed at least one thing in it, but if we were to change all of those things that all of us would have changed, suddenly we wouldn't have a bill that could pass, a bill that would do what this bill does, a bill that will roll back the Dodd-Frank regulations, which are one more attempt by the Federal Government to make one size fit all. If you have ever tried on any one-size-fits-all things, you know that one size almost never fits anybody, and that has been the case that we have seen now. Credit unions and community banks provide critical financial services for families and for small businesses across Missouri and across the country. When the Dodd-Frank bill became law, small and medium-sized banks and credit unions were faced with huge regulatory burdens. Big banks got bigger, and small banks got bought and went out of business way too often. There was negative impact on their ability to maintain service on Main Street in a small community.…”