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Congressman Comer issues statement on vote to end Dodd-Frank

Under Dodd-Frank, America was losing an average of one community bank or credit union a day. - JAMES COMER
Click on headline for complete statement

By Michael Gossum, Communications Director
Office of Congressman James Comer (KY-01)

WASHINGTON, DC (Thu 8 Jun 2017) - Congressman James Comer (KY-01) released the following statement on the passage of the CHOICE Act:



"I voted today to return banking back to Main Street to increase economic opportunity across the first district and the country. This legislation would put an end to the disastrous, overreaching Dodd-Frank law that did nothing to end "too big to fail" and devastated our community bankers in the process. Under Dodd-Frank, America was losing an average of one community bank or credit union a day.

The CHOICE Act includes many reforms that would help American families and small businesses. It ends taxpayer bailouts for Wall Street. It stops big banks from getting bigger while providing relief to small community banks, and it gives working people a chance to pursue their financial goals and new economic opportunities. I was proud to vote for this important financial reform legislation because it demands accountability from Washington and Wall Street while giving bailouts to none and opportunity to all."


This story was posted on 2017-06-09 01:13:45
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