Dodd-Frank Reforms Help Farms, Small Businesses and Improve Local Communities

Dodd-Frank Reforms Help Farms, Small Businesses and Improve Local Communities

WASHINGTON – Sen. Chuck Grassley of Iowa today issued the following statement on the passage of the bipartisan Economic Growth, Regulatory Relief, and Consumer Protection Act in the United States Senate.

“Big banks on Wall Street caused the Great Recession, not community banks or credit unions. Regulatory demands coming from Washington are crushing these local lenders, making it harder for family farms and small businesses to open and grow. This bill will help businesses access resources necessary to invest, hire and succeed,” Grassley said. “It will also deliver a significant economic benefit for Main Street businesses and improve local communities in Iowa and nationwide.”

-30-