Choice Act weakens the DODD-Frank Act regarding financial regulations

Choice Act weakens the DODD-Frank Act regarding financial regulations

The latest newsletter put out by Congressman Barton addresses the Choice Act which weakens the DODD-Frank Act regarding financial regulations.  

He talks about how it strengthens community banks which I support.  He failed to mention that this act will take away support for consumers through the Consumer Financial Protection Agency which was started by Senator Elizabeth Warren before she became a senator.  

This agency is one of the few government agencies that assist consumers when they are being overwhelmed by predatory banks, mortgage companies and payday lenders.  

This act leaves no choice for consumers to receive free support and assistance when they are dealing with financial predators.  

Who is looking out for working families in TX District 6?

Posted on 26 Jun 2017, 8:41 - Category: News

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