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Beatty Statement in Opposition to the Financial CHOICE Act

June 9, 2017

Beatty Statement in Opposition to the Financial CHOICE Act

WASHINGTON, DC – On June 8, the U.S. House of Representatives passed the Financial CHOICE Act, H.R. 10, by a vote of 233-186. In response, U.S. Congresswoman Joyce Beatty (OH-03) issued the following statement:

"I voted against the Financial CHOICE Act because it is the wrong choice for consumers, investors, and our economy. Instead of gutting consumer and investor financial protections, as this partisan bill would do, Congress needs to work in a bipartisan fashion to build on Dodd-Frank's successes and improve on its shortcomings to keep our economy moving forward. Repealing Dodd-Frank and eliminating the Consumer Financial Protection Bureau—which in just six years has recovered almost $12 billion for more than 29 million Americans—does the exact opposite, threatening the progress our economy has made since the 2008 Financial Crisis. This bill is the wrong choice for America."

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