Republican Agenda: Getting Washington Out of the American People’s Way
‘Everyone is taking notice. Here’s a New York Times headline from a few months ago: ‘The Trump Effect: Business, Anticipating Less Regulation, Loosens Purse Strings.’ One Texas home builder told the reporters, quote, ‘It’s an overall sense that you’re not going to face any new regulatory fights.’ More investment, more prosperity, more job openings, and higher wages across the country. Good things happen when Republican policies get Washington out of the American people’s way.’
WASHINGTON, D.C. – U.S. Senate Majority Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding the benefits Americans continue to see from the Republican pro-opportunity, pro-worker agenda:
“Later today, we will consider the nomination of Dana Baiocco the president’s choice to join the Consumer Product Safety Commission. Ms. Baiocco’s resume speaks for itself. After receiving her J.D. cum laude from Duquesne University, she clerked in the Western District of Pennsylvania before launching an impressive career in private practice. For two decades, she has stood at the center of complicated cases and gained national recognition for her mastery of the legal questions surrounding consumer safety.
“This experience makes Ms. Baiocco an ideal candidate to help the CPSC protect consumers effectively and efficiently without imposing unnecessary barriers to free enterprise. Testifying before our colleagues on the Commerce Committee, she pledged to seek that balance with ‘transparency’ and ‘an open door policy,’ and to remain ‘guided by the rule of law.’ I look forward to advancing this qualified nominee when we vote later this afternoon, and urge all my colleagues to join me.
“Now, on one final matter. Earlier today, President Trump signed into law a Congressional Review Act resolution that repealed a particularly egregious bit of overreach by President Obama’s Consumer Financial Protection Bureau. Federal regulators found a loophole, skipped the standard periods for review and public comment, and issued unilateral guidance that made life needlessly complicated for the American auto industry and its customers.
“Thanks to Senator Toomey’s tenacity, the GAO ruled that this intrusion did constitute rulemaking that ought to be subject to congressional review. So Congress got to have its say. Accountability won out in the end. And now, thanks to this resolution from Senator Moran, yet another onerous regulation is now headed to the wastebasket. Our record use of CRAs is just one of the tools Republicans are using to get Washington out of the way of American workers and job creators.
“Republican tax reform is providing historic tax cuts for middle-class families and small businesses, and it repealed the individual mandate penalty at the heart of Obamacare. Tomorrow, the House will vote on the Senate-passed legislation championed by Senator Crapo, which will give community banks and credit unions relief from the crushing burden of complying with Dodd-Frank.
“And of course, in the executive branch, the president’s team has turned the page on the last administration’s hostility to American business. The result is a palpable shift that is improving the entire economy.
“Back in 2013, more than three-quarters of U.S. manufacturers said a hostile climate due to taxes and regulation was a major business obstacle. Today, sixteen months into the unified Republican government, fewer than twenty percent say that. And nearly ninety-five percent are optimistic about their future economic prospects.
“Everyone is taking notice. Here’s a New York Times headline from a few months ago: ‘The Trump Effect: Business, Anticipating Less Regulation, Loosens Purse Strings.’ One Texas home builder told the reporters, quote, ‘It’s an overall sense that you’re not going to face any new regulatory fights.’ More investment, more prosperity, more job openings, and higher wages across the country. Good things happen when Republican policies get Washington out of the American people’s way.”
Related Issues: Economy, Taxes, Tax Reform, Nominations, Congressional Review Act