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Kustoff Statement on Committee Approval of the Financial CHOICE Act

May 4, 2017
Washington, D.C. – U.S. Representative David Kustoff (TN-08), a member of the House Financial Services Committee, today released the following statement praising the Committee's approval of the Financial CHOICE Act, legislation to repeal the Dodd-Frank Act and promote economic growth.

"For seven years, the Dodd-Frank Act has prevented millions of Americans from achieving financial independence," said Kustoff. "The Financial CHOICE Act will repeal Dodd-Frank's one-size-fits-all regulations and finally allow small businesses and individuals to access the capital they need to grow and prosper. The legislation will also end tax-payer funded government bailouts of financial institutions and will hold and Washington and Wall Street accountable."

On April 13, Kustoff penned an op-ed for CNBC.com discussing the importance of repealing Dodd-Frank in order to revive the economy in West Tennessee and across the country.

Kustoff is a member of the House Financial Services Committee, serving on three subcommittees for the 115th Congress: Financial Institutions and Consumer Credit, Oversight and Investigation and Terrorism and Illicit Finance. He previously served as the U.S. Attorney for the Western District of Tennessee under President George W. Bush.

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