Patrick McHenryChairman

Washington, May 24, 2018 -

House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement upon attending a signing ceremony at the White House for S. 2155, which represents the most significant pro-growth financial regulatory reform package since the passage of Gramm-Leach-Bliley nearly a generation ago.

"Thanks to hard work and leadership in both the House and the Senate, this pro-growth, bipartisan package will provide much-needed regulatory relief to Main Street banks and credit unions. This bill takes a major step toward allowing the banking system to serve the needs of American businesses and American families instead of working in the interest of Washington bureaucracy. I look forward to continuing to work with my colleagues on both sides of the aisle and in both chambers to build on the progress we achieved here with an additional package of bipartisan pro-growth capital formation provisions to unleash the full potential of our economy.”