Mr. President, I rise in support of the Economic Growth, Regulatory Relief, and Consumer Protection Act, which passed the Senate yesterday. This bipartisan bill protects and boosts the U.S. economy. I commend Chairman Crapo, members of the Banking Committee, and my colleagues on both sides of the aisle for the hard work in getting this particular bill proposal across the finish line. Making the rules simpler and fairer for small and midsized financial institutions is a commonsense idea that has garnered broad bipartisan support. That is because, done right, it helps hardworking Americans who aspire to invent things, start businesses, and manufacture goods and services--exactly the kind of entrepreneurship and growth America needs more of. There are plenty of people with different viewpoints on how to improve the financial system. Some, however, say that almost any modification to the 849-page Dodd-Frank Act equates to a bonfire financial regulation, a gift to Wall Street, and so on. I think we need to cut through such patronizing, derisive mudslinging, and instead focus on commonsense solutions for the American people. Let me tell you a plain truth: The bill the Senate passed yesterday is the result of sensible debate, reasonable compromise, and hard policy choices.…
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