Chairman Chabot Responds to Passage of the Financial CHOICE Act
WASHINGTON – House Small Business Committee Chairman Steve Chabot (R-Ohio) released the following statement after passage of H.R. 10, the Financial CHOICE Act, to end taxpayer-funded bailouts and replace it with common-sense reforms that will help grow small businesses.
“Dodd-Frank has failed our country. For the last seven years, it has only made it more difficult for small businesses, start-ups and entrepreneurs to get the credit and capital they need. In contrast, the Financial CHOICE Act will hold Wall Street accountable, end taxpayer-funded bailouts, and free community banks from unnecessary regulations so they can provide loans to small businesses to grow and create more jobs,” said House Small Business Committee Chairman Steve Chabot (R-OH).