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Cmte Financial Services (R)
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Task Force on Reducing Regulatory Burdens Releases Mission Statement
Washington, Mar 1 -
WASHINGTON– In advance of their first idea forum today, the chairs of the Task Force on Reducing Regulatory Burdens released their mission statement. This mission statement, laying out the goals of the task force, marks the next step in the development of a bold, pro-growth agenda that Republicans will present to the country in the coming months. Republican leaders launched the development of this agenda in January, announcing that it will address five issue areas: national security; jobs and the economy; health care; poverty, opportunity, and upward mobility; and restoring constitutional authority. Taking a bottom-up approach, committee-led task forces will develop this agenda, holding idea forums to take input and ideas from all members. For additional updates, visit Speaker.gov/ConfidentAmerica. Reducing Regulatory Burdens Mission Statement and Charter Mission:Make it easier to invest, produce and build in America with a modern and transparent regulatory system that relieves the burden on small businesses and other job creators and encourages financial independence, while balancing environmental stewardship, public safety, and consumer interests. Principles: 1.Ensure federal regulations are a last resort and minimally intrusive. Energy and Environment 2. Fully consider the many benefits of increased domestic energy production in regulations. Energy and mineral production on public lands should be competitive with energy and mineral production on state and private lands. 3. Efforts to reduce, control, and remediate pollution should achieve real environmental benefits and be compatible with job creation and economic growth. 4. Incorporate the strongly positive trends in environmental quality and public health in recent decades into the regulatory decision-making process. Financial Services 5. Empower Americans to achieve financial independence. 6. Protect taxpayers from paying for more Wall Street bailouts. 7. Demand accountability from financial regulators and financial institutions. 8. Unleash opportunities for small businesses, innovators, and other job creators. Small Business 9. Ensure agencies follow current laws to assess and mitigate the impact of new and existing regulations on small businesses. Frivolous Legal Proceedings 10. Ensure that our legal system is efficient and fair and that wasteful abuses of it are not allowed.
Financial Services Committee Chairman Jeb Hensarling (R-TX)
Agriculture Committee Chairman Mike Conaway (R-TX)
Energy & Commerce Committee Chairman Fred Upton (R-MI)
Judiciary Committee Chairman Bob Goodlatte (R-VA)
Natural Resources Committee Chairman Rob Bishop (R-UT)
Oversight & Government Reform Committee Chairman Jason Chaffetz (R-UT)
Science, Space, and Technology Committee Chairman Lamar Smith (R-TX)
Small Business Committee Chairman Steve Chabot (R-OH)
Transportation & Infrastructure Committee Chairman Bill Shuster (R-PA)