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Marshall on Passage of Financial CHOICE Act

Statement

Date: June 8, 2017
Location: Washington, DC
Issues: Finance and Banking

Congressman Roger Marshall, M.D., issued the following statement after the House passed the Financial CHOICE Act:

"Having spent much of the last decade as a community bank board member and chairing the Director's Audit Committee with oversight of the implementation of Dodd-Frank, I particularly understand the burden and loss that this one-size-fits-all approach to banking regulations caused many of our communities and their financial institutions.

I am relived and excited for much of its repeal through the Financial CHOICE Act. We will hold big banks accountable like never before, and lift the onerous regulations off the backs of our community banks and middle-class families. Returning decision-making authority to our community banks means more access to capital for our small businesses, and more jobs for the American worker."

The Financial CHOICE Act will now go to the Senate for a vote.


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