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Media Advisory: Financial CHOICE Act Action Scheduled
Washington,
September 8, 2016 -
WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX) announced today that the Committee will begin meeting on Tuesday, Sept. 13 to debate the Financial CHOICE Act, consider possible amendments and vote on the legislation.
The Financial CHOICE Act -- the Republican alternative to the failed Dodd-Frank Act -- will end taxpayer-funded bailouts of large financial institutions; relieve banks that elect to be strongly capitalized from growth-strangling regulation that slows the economy and harms consumers; impose tougher penalties on those who commit financial fraud; and demand greater accountability from Washington regulators.
More information about the Financial CHOICE Act is available at republicans-financialservices.house.gov/choice.
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