Washington, D.C. – This week, Congressman Tom Emmer (MN-06) participated in a legislative markup in the House Financial Services Committee to bring much needed financial relief to American families, small businesses, and local financial institutions. Emmer spoke on two of his bills, the Micro Offering Safe Harbor Act and the Home Mortgage Disclosure Adjustment Act, that were among those considered in committee.
“This week was a good week for Main Street Minnesota,” said Emmer. “Our focus has been – and should be – on bringing relief to communities across this nation as we work towards growing, not stifling, our local economies. From introducing reforms to help our nation’s job creators grow and prosper, to reducing regulations currently tying the hands of our small community banks and credit unions, these necessary reforms aim to get our economy back to the powerhouse we know it can be. I am proud of the productive work of this committee and am pleased to have two of my policy reforms included.”
The Micro Offering Safe Harbor Act is H.R. 2201. To watch Emmer’s opening statement on H.R. 2201, click here. This bill is supported by: the U.S. Chamber of Commerce and Engine.
The Home Mortgage Disclosure Adjustment Act is H.R. 2954. To watch Emmer’s opening statement on H.R. 2954, click here. This bill is supported by: National Association of Federally-Insured Credit Unions, Credit Union National Association and the Independent Community Bankers of America.
For a full list of bills included in the committee markup, click here.