Economy and Jobs
More on Economy and Jobs
In 2010, just two years after one of the largest financial collapses in our nation’s history, President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act into law. At the time, President Obama and Congress promised to hold Wall Street accountable and protect American families from unfair, abusive financial practices.
But six years later, we have seen firsthand that Dodd-Frank, as it is called for short, has allowed for continued taxpayer-funded bailouts and crippled Main Street businesses and community financial institutions.
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.
Congressman Roger Williams (R-Austin) met with community and business leaders during a visit to Lampasas on Thursday.
Williams toured the Ajinomoto Windsor plant on the downtown square – one of the largest private employers in the city.
The congressman met with leaders of the food manufacturing company as well as representatives of the Lampasas Economic Development Corp.
COPPERAS COVE — During a tour of Central Texas this week that includes stops in Killeen, Gatesville and Copperas Cove, U.S. Rep, Roger Williams, R-Austin, said the American economy has not yet recovered.
“Today, there are 47 million people on food stamps, 15 percent of people in poverty, another 15 percent underemployed and 52 percent of college graduates that will be un- or underemployed for the next four years,” Williams told about 20 people Thursday during a Rotary Club meeting. “That’s not an economy.”
WASHINGTON, DC – Congressman Roger Williams (R – Austin), author of tax reform plan Jumpstart America, today released a statement in support of House Republicans’ tax plan recently outlined in their policy agenda known as A Better Way.
WASHINGTON, DC – Congressman Roger Williams (R – Austin), a member of the House Financial Services Committee, last week questioned Janet Yellen, the Chair of the Board of Governors of the Federal Reserve System, about the negative impact of federal regulations on community financial institutions.
WASHINGTON, DC – Congressman Roger Williams (R – Austin), a member of the House Financial Services Committee, today introduced his bill, the CFPB (Consumer Financial Protection Bureau) Rule Accountability Act to require congressional authorization for any CFPB ruling that would have an economic impact of $100 million or greater.
The Dodd-Frank Wall Street Reform and Consumer Protection Act was as an emotional response to one of our nation’s most trying economic times. Nearly six years later it has proven to be an expensive blanket of one-size fits all rules on the private sector written by Washington bureaucrats, some of whom have never spent one day of their adult life outside of government.
AUSTIN, TEXAS – Congressman Roger Williams (R – Austin), a member of the House Financial Services Committee and a second generation small business owner, today released the following statement after the May employment report determined the U.S. economy created 38,000 jobs last month instead of the 160,000 jobs expected – the weakest report since 2010:
AUSTIN, TEXAS – Congressman Roger Williams (R – Austin), a member of the House Financial Services Committee and a second generation small business owner, today released the following statement after the Obama Administration singlehandedly announced a proposed rule to restrict lending practices to lower income Americans.