Representative Ted Budd (R-NC) spoke on the House floor on the importance of preserving the Durbin Amendment repeal in the Financial Choice Act. Two weeks ago, the Financial Choice Act passed the House Financial Services Committee with a full repeal of the Durbin Amendment included. Pro-price control groups are fighting to strip the provision through a procedural technique in the House Rules Committee, a closed-door process that, if successful, will not allow Congress to sidestep a public debat...
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U.S. Representative Ted Budd released the following statement regarding President Donald Trump’s Joint Address to Congress this evening and the message to renew the American spirit. “Tonight, President Trump talked about the importance of bringing jobs back from overseas, enforcing our laws, protecting our borders, and putting America first. This is an agenda that the American people overwhelmingly support and I look forward to working closely with the President and my colleagues in Congress to ...
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BUDD’S STATEMENT ON PRESIDENT TRUMP’S EXECUTIVE ACTIONS ON FINANCIAL REGULATIONS , -- U.S. Representative Ted Budd (R-NC) released the following statement on President Trump’s executive orders regarding the Dodd-Frank Act and the Department of Labor’s Fiduciary Rule: “It’s no secret that Dodd-Frank’s regulations have hindered small businesses and kneecapped local banks. In fact, since Dodd-Frank became law, the rate of new banks being chartered has fallen by as much as 97 percent, from an averag...
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D.C., -- Representative Ted Budd (R-NC) cosponsored legislation that will prevent the U.S. Environmental Protection Agency (EPA) from interfering with modifications of racecars used exclusively in competition. “Stock car racing has deep roots in our state, going back generations. This bill protects that legacy by ensuring the EPA doesn’t get involved in regulating racecars. It was never congressional intent for the EPA to regulate vehicles that don’t travel on federal roads,” said Rep. Budd. “Th...
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