/  Sessions Applauds Passage of Retail Investor Protection Act & Swaps Regulatory Improvement Act

Sessions Applauds Passage of Retail Investor Protection Act & Swaps Regulatory Improvement Act

WASHINGTON, DC – U.S. Congressman Pete Sessions (R-TX), Chairman of the House Rules Committee, today released the following statement regarding House passage of the Retail Investor Protection Act and the Swaps Regulatory Improvement Act:

“The House approved two common-sense bills this week that address the burdensome federal overreach of the Dodd-Frank Act. The Swaps Regulatory Improvement Act ensures that businesses have access to important financial tools that they use for day-to-day operations to keep costs down for their consumers. The Retail Investor Protection Act protects families who are planning for retirement or saving for their children’s education from bearing unnecessary additional costs that could limit access to quality financial advice for middle-class Americans.  I applaud the House’s action and was proud to support these responsible bills that protect consumers, promote free enterprise, and foster economic growth.”

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Created: October 30, 2013