View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

3/19/2020

Statement by Secretary Mnuchin on Passage of the Economic Growth, Regulatory Relief, and Consumer Protection Act | U.S. Departme…

Statement by Secretary Mnuchin on Passage of the Economic
Growth, Regulatory Relief, and Consumer Protection Act
May 22, 2018

Washington – U.S. Treasury Secretary Steven T. Mnuchin issued the following statement today

a er the House of Representatives passed S.2155:
"The House of Representatives acted on a bipartisan basis today to provide relief for America’s
small, midsize, community, and regional banks, while maintaining important protections for
consumers and taxpayers. I would like to thank Chairmen Crapo and Hensarling for leading this
legislative e ort to pass critical regulatory reform for the financial sector. This legislation will
lead to increased investment in communities across the United States and foster greater
economic growth for our country. The reforms in this bill align with key recommendations from
Treasury’s Core Principles Reports on financial regulation and will more appropriately tailor our
system of financial regulation to ensure that small businesses and consumers have access to
credit."

####

https://home.treasury.gov/news/press-releases/sm0393

1/1