Contact: Caroline Rabbitt Tabler (202) 224-2353
Washington, D.C. - Senator Tom Cotton (R-Arkansas) today released the following statement after the Senate passed the Economic Growth, Regulatory Relief, and Consumer Protection Bill:
"This bill has been years in the making, and I know just how much it will mean to Arkansas's banks and credit unions. Reducing their regulatory burden will allow them to make more loans to the small businesses, farmers, and families who rely on them, and that will expand the circle of opportunity in our country. I'm also glad this bill includes two of my proposals that will help Arkansas's community banks and protect homeowners from predatory lending. It was deeply unfair to impose Dodd-Frank's excessive regulations on our small lenders, and now I urge the House to right this wrong by sending this bill to the president's desk."
