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AFP Commends Chairman Hensarling for Commitment to Repealing Dodd-Frank’s Harmful Regulations Reform

May 2, 2018 by AFP

Arlington, VA – Americans for Prosperity today expressed support for recent statements by House Financial Services Committee Chairman Jeb Hensarling (R-Texas) signaling his intention to move ahead on bipartisan legislation to reform Dodd-Frank, which would provide much-needed financial regulatory relief.

Americans for Prosperity Chief Government Affairs Officer Brent Gardner issued the following statement:

“Americans have suffered under the burdensome and onerous regulations of Dodd-Frank long enough, and we applaud Chairman Hensarling’s continued commitment to delivering much-needed relief to Main Streets across the country. We encourage Republicans and Democrats to come together and stand up for the hardworking Americans who have been the collateral damage of this misguided law. Removing these regulatory barriers will benefit consumers, revitalize small businesses, and provide another boost to an already growing economy.”

Background:

Chairman Hensarling recently stated that he was open to moving ahead with bipartisan legislation that would reduce the burden of Dodd-Frank while continuing to press to remove additional regulatory barriers through other pathways. The Senate voted 67-32 to approve the Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155) on March 14, this legislation has earned the support of Americans for Prosperity and is pending action in the House of Representatives.

For further information or to set up an interview, please send an email to GBraud@afphq.org.

Americans for Prosperity (AFP) exists to recruit, educate, and mobilize citizens in support of the policies and goals of a free society at the local, state, and federal level, helping every American live their dream – especially the least fortunate. AFP has more than 3.2 million activists across the nation, a local infrastructure that includes 36 state chapters, and has received financial support from more than 100,000 Americans in all 50 states. For more information, visit www.americansforprosperity.org

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