Annie Kuster: “My amendment is straightforward. The underlying bill encourages but does not require the Director of the Consumer…”

“My amendment is straightforward. The underlying bill encourages but does not require the Director of the Consumer Financial Protection Bureau to include women-owned small businesses and minority-owned small businesses in the membership of the small business advisory board. The bill also encourages the Director to include financial institutions predominantly serving traditionally underserved communities in the membership of the Credit Union Advisory Council and the Community Bank Advisory Council. My amendment would simply change the underlying bill to make the inclusion of these groups a requirement, to ensure that a broad and diverse range of voices are included in these bodies. Federal regulators should listen to stakeholders when writing new rules for our economy, and this amendment will help ensure that these advisory boards are more representative of the American people. I urge support for my amendment, and I reserve the balance of my time.”