More on Overregulation
Congressman Andy Barr (KY-06) today voted in favor of H.R. 34, the 21st Century Cures Act which includes numerous reforms to expedite the discovery, development, and delivery of new treatments and cures. Specifically, the Food and Drug Administration (FDA) will be given flexibility to expedite the review and approval of new drugs, medical devices, and treatments.
Congressman Andy Barr (R-KY) today made the following statement after the U.S. Court of Appeals for the District of Columbia ruled that the structure of the Consumer Financial Protection Bureau (CFPB) is unconstitutional:
“Today the second highest court in the land agreed with what I have been saying all along; that the Consumer Financial Protection Bureau as currently structured is unconstitutional. This ruling vindicates my work to reform the Bureau and hold the agency accountable for its regulatory overreaches and abuses of power.”
Congressman Andy Barr (R-KY) today voted for S.J. Res. 22, to block the Environmental Protection Agency and the Army Corps of Engineers from redefining “waters of the United States” to include smaller bodies of water including farm ponds and irrigation ditches. The proposed rule significantly expands the scope of federal jurisdiction under the Clean Water Act over virtually all waters and wet areas in the country.
Congressman Andy Barr (R-KY) today made the following statement after the President’s State of the Union Address:
“What the country needs is a plan to defeat ISIS. What we need is an agenda to grow the economy. Instead, President Obama gave us a lecture about his legacy and in defense of policies that have contributed to the worst economic recovery since World War II and chaos around the world. Families continue to struggle and there is not a single place in the world which is safer or more stable today than on the day President Obama took office seven years ago.”
Congressman Andy Barr (R-KY) today voted for H.R. 3762, the Restoring Americans’ Healthcare Freedom Reconciliation Act. The legislation repeals the most damaging Obamacare mandates and taxes, and denies funding for Planned Parenthood of America through the budget reconciliation process, which is not subject to a Senate filibuster.
Congressman Andy Barr (R-KY) today voted for and the House passed H.R. 22, the Fixing America’s Surface Transportation (FAST) Act. The bill funds improvements to America’s surface transportation infrastructure including roads, bridges, transit systems, and rail transportation network. The bill includes a number of reforms to refocus funding on national priorities, provide certainty and flexibility for states and local governments, streamline approval processes, while maintaining a strong commitment to safety.
H.R. 1259, the Helping Expand Lending Practices (HELP) in Rural Communities Act introduced by Congressman Andy Barr (KY-06) has been included in the final conference report of H.R. 22, the Fixing America’s Surface Transportation Act, which is expected to be voted on by the House of Representatives tomorrow. Congressman Barr’s bill would allow communities to contest their designation as “non-rural” and the restrictions that designation brings on lending by community banks and credit unions.
The House of Representatives today passed H.R. 1210, the Portfolio Lending and Mortgage Access Act introduced by Congressman Andy Barr (KY-6) in a bipartisan vote of 255 to 174. The bill promotes affordable home financing and discourages the practice of securitizing and selling of mortgages that led to the 2008 financial crisis and the resulting taxpayer bailouts of Fannie Mae, Freddie Mac, and large systemically important financial institutions.
Congressman Andy Barr (KY-6) applauded the House’s passage yesterday of bipartisan legislation he introduced with Congressmen Scott Tipton (CO-3) and Lacy Clay (MO-1) to reduce the frequency of on-site examinations for small banks in good standing.
Congressman Andy Barr (KY-6) today voted in favor of H.R. 427, the Regulations from the Executive in Need of Scrutiny (REINS) Act. Congressman Barr is an original cosponsor of this legislation, which would require any executive branch rule or regulation with an annual economic impact of $100 million or more to be approved by both the House and Senate before being imposed on hardworking families and job-creating businesses.