Many of you have asked me why I voted for H.R. 37, featured in the News Journal this morning: delonline.us/1KKSUqu. Dodd-Frank was passed before I came to Congress, but I support its goal of reining in Wall Street and protecting taxpayers. Ive voted many times to defend the law and make it better, and Ive voted against many attempts to undermine it since coming to Congress in 2011. HR 37 was not an attempt to undermine Dodd-Frank. The provisions in this bill have passed Congress overwhelmingly in years past. Unfortunately, it has recently become distorted and mischaracterized for political purposes. The reality is that this bill makes small, reasonable changes to one of the largest and most complex laws on our books. In order to make sure Dodd-Frank is implemented properly and that taxpayers are protected, we have to be willing to make responsible revisions to the law. I’ll continue to stand firm in supporting improvements to financial regulations that will protect consumers and help businesses create jobs. Click below to see a list of votes I’ve taken to defend Dodd-Frank.
Posted on: Thu, 15 Jan 2015 19:40:05 +0000
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