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AFP Praises House Resolve to Pass Dodd-Frank Reform

May 9, 2018 by AFP

Arlington, VA – Americans for Prosperity today expressed support for recent statements by Speaker Paul Ryan that Dodd-Frank legislation will be moving to the floor for a vote.

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

“We applaud Speaker Ryan, Chairman Hensarling, and the Financial Services Committee for their leadership in bringing the Senate-approved bill to the House floor for a vote. We encourage Republicans and Democrats to come together and provide relief for the hardworking Americans, small businesses and community banks that have been crushed by these misguided regulations.”

“AFP looks forward to working with Congress as the House looks to build on these reform by advancing additional deregulatory measures. Dodd-Frank was a barrier to the American Dream for millions of families, businesses and Main Streets in small towns across the country, which will benefit most from its repeal.”

Background:

House Speaker Paul Ryan (R-Wis.) and House Majority Leader Kevin McCarthy (R-Calif.) recently announced plans for a vote on S. 2155 this year. The Senate voted 67-32 to approve the Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155) on March 14, which AFP supported.

AFP has long called for a repeal of Dodd-Frank’s harmful regulations and last week, commended Chairman Jeb Hensarling for his commitment to advance this bipartisan legislation.

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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