Rep. Williams Legislation Included in Committee Passed ‘CHOICE Act’

WASHINGTON, DC – Congressman Roger Williams (R – Austin) today voted for the Financial CHOICE (Creating Hope and Opportunity for Investors, Consumers and Entrepreneurs) Act which passed out of the Financial Services Committee. It will now head to the House floor.

Williams’ legislation, to require congressional authorization for any CFPB (Consumer Financial Protection Bureau) ruling that would have an economic impact of $100 million or greater, was included in the CHOICE Act.

“The Dodd-Frank Act has not fulfilled its mission and our economy is no better than it was 6 years ago, said Williams. “So, we must end ‘too big to fail,’ protect taxpayer dollars and make the CFPB more transparent and accountable. The CHOICE Act will do this and strengthen our financial regulatory system and, ultimately, the American economy.”

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