On the recordJuly 16, 2014
I would just close by saying the 2008 financial meltdown was not caused because middle-income Americans didn't have access to retirement funds. This is a way to be able to protect middle-income Americans, protect their retirement, and to encourage them to save in the future, not decreasing the number of options they have out there. I would like to have lots of folks out there encouraging lots of Americans to be able to save in not just the largest investment dealers in the country, trying to go after the largest, highest-income Americans. So this is something that we should support to maintain the regulations that are already in place and not decrease the options for Americans. I yield back the balance my time. The Acting CHAIR. The question is on the amendment offered by the gentleman from Oklahoma (Mr. Lankford). The amendment was agreed to. Amendment Offered by Mr. Lankford





