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Rep. Graves on passage of Wall Street reform bil

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Washington, D.C. – Rep. Tom Graves (R-GA-14), chairman of the House Appropriations Committee’s Financial Services Subcommittee, released the following statement after voting in favor of the Financial CHOICE Act (H.R. 10), legislation to repeal and replace the Dodd–Frank Wall Street Reform and Consumer Protection Act: 

   “President Obama’s 2010 financial-sector takeover unleashed an avalanche of rules and regulations that killed countless jobs, and stifled the dreams of Main Street families and small businesses by limiting access to capital.

   “Our Wall Street reform bill turns the page on President Obama’s misguided financial takeover. It strikes the right balance between protecting Americans’ financial future and eliminating unnecessary regulations so that more of Georgia’s families, entrepreneurs and businesses can grow and thrive.

   “Importantly, our Wall Street reform bill also protects taxpayers. It ensures working families are never again asked to bail out any financial institution with their hard-earned tax dollars. It cuts the deficit by $24 billion and reforms the rogue Consumer Financial Protection Bureau (CFPB) and brings it under the regular government funding process. Currently, CFPB spends hundreds of millions of taxpayer dollars every year without congressional approval.”

    More than 1,900 community financial institutions disappeared after Dodd-Frank was enacted in 2010.

Comments   

Extremist hyperbolic
-5 #11 Extremist hyperbolic 2017-06-26 14:48
Aren't we living under a President and party that insists they are getting rid of 80% of all government regulations? Is that the facts, or the hype?

The GOP does have as part of their platform the getting rid of federal lands, parks, etc. Deregulating drug testing, no testing of pesticides, eliminating food safety standards...whatever.

Look at chlorpyrofis that that Obama guy wanted to ban (based on science) 'cause it poisons children's brains..Trump's cabinet yes man (Pruitt, anti-clean air, water, health) overrode reality and approved it's use. On foods, poison for profit. Like selling bad financial advice, approved by Trump, only this yields permanent debilitating harm. Autism for all the grandchildren! It's the GOP way. Leachate as drinking water! Yep, facts now need to be called shrill and inflammatory, as a new attack on science and fact based policy.

Clearly those of us who think government should serve to protect people's health, not just the rich investment class's wealth, we're leftist crybabies. Snowflakes. When most of the next generation has health conditions that diminish their capabilities and our nation's potential, may you GOP greedy ones demand they all have jobs, or they get nothing. Real Christians you are NOT.
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Hillary Lost
+3 #12 Hillary Lost 2017-06-27 09:24
Quoting Extremist hyperbolic:
Aren't we living under a President and party that insists they are getting rid of 80% of all government regulations? Is that the facts, or the hype?

The GOP does have as part of their platform the getting rid of federal lands, parks, etc. Deregulating drug testing, no testing of pesticides, eliminating food safety standards...whatever.

Look at chlorpyrofis that that Obama guy wanted to ban (based on science) 'cause it poisons children's brains..Trump's cabinet yes man (Pruitt, anti-clean air, water, health) overrode reality and approved it's use. On foods, poison for profit. Like selling bad financial advice, approved by Trump, only this yields permanent debilitating harm. Autism for all the grandchildren! It's the GOP way. Leachate as drinking water! Yep, facts now need to be called shrill and inflammatory, as a new attack on science and fact based policy.

Clearly those of us who think government should serve to protect people's health, not just the rich investment class's wealth, we're leftist crybabies. Snowflakes. When most of the next generation has health conditions that diminish their capabilities and our nation's potential, may you GOP greedy ones demand they all have jobs, or they get nothing. Real Christians you are NOT.


Thanks for proving my point.
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