The Financial Services Committee deals with important issues that impact the 5th District and affects taxpayers, Main Street businesses, community banks, credit unions, housing, and job creation.

There is nothing more important to job creation than increasing businesses' access to capital so they have the ability to hire and expand.

The Financial Services Committee is taking the lead on oversight during the implementation of the Dodd-Frank Financial Regulatory Reform bill and over the various federal agencies that will be implementing thousands of pages in new regulations targeting Main Street banks, credit unions, and other institutions that did not cause the systemic problems that led to the financial crisis. 

I am committed to supporting policies that will increase access to capital, reduce the regulatory burden on small financial institutions, and protect taxpayers from further bailouts by reforming Fannie Mae and Freddie Mac – and have introduced two pieces of legislation to this end.  H.R. 1082, the Small Business Capital Access and Job Preservation Act, is a bipartisan bill that will help restore confidence and certainty to the marketplace by reducing unnecessary government mandates put in place by the Dodd-Frank law so that our small businesses can access capital more easily and more jobs can be created and preserved. H.R. 2440, the Market Transparency and Taxpayer Protection Act, would is an essential part of the plan to effectively reform the Government Sponsored Enterprises (GSE), Fannie Mae and Freddie Mac, and help put an end to their near-limitless bailouts in order to protect American taxpayers at a time when they need it most.

H.R.1082 : Small Business Capital Access and Job Preservation Act

H.R.2440 : Market Transparency and Taxpayer Protection Act of 2011

For more information concerning my work and views on Financial Services issues, please contact my Washington, DC office.

I look forward to your feedback.

Thank you.