Congressman Andy Barr (KY-06) today voted in favor of H.R. 10, the Financial Creating Hope and Opportunity for Investors, Consumers, and Entrepreneurs (CHOICE) Act. Congressman Barr is an original cosponsor of the legislation which overhauls the Dodd-Frank Act to expand economic opportunity, end taxpayer bailouts, and to increase penalties for financial fraud and crimes.
“I promised the people of central and eastern Kentucky that I would vote to roll back unnecessary regulatory overreaches, end taxpayer bailouts of too-big-to-fail banks, and to encourage economic growth in our communities,” said Congressman Barr. “I have kept those promises and more by voting for the Financial CHOICE Act. This legislation would provide much needed relief so that individuals, families, and entrepreneurs can access the capital they need to invest in homes and small businesses. It will also hold Wall Street accountable by ending bailouts and imposing the toughest penalties in history for fraud and other financial crimes.”
“I applaud the leadership of Chairman Jeb Hensarling in shepherding this bill through the Financial Services Committee and passage in the House of Representatives. I look forward to working with our colleagues in the Senate to turn these reforms into law.”