Rep Cmte Financial Services

Subcommittee Examines Legislation to Improve Regulations

Washington, Sep 7 -

The Financial Institutions and Consumer Credit Subcommittee met today to examine several pieces of legislation aimed at improving the regulatory environment in order to boost economic growth.

“The legislation discussed in the Subcommittee today will better allow financial companies to serve their customers,” said Chairman Blaine Luetkemeyer (R-MO). “From banks and credit unions to attorneys, we’ve seen an impeded ability for businesses across the nation to offer financial services and guidance. In order to preserve consumer choice and financial independence, Congress must tackle regulatory reform and simplify rules. The policies outlined in today’s legislation start to break down those barriers.”

Legislation Considered: