“Beyond addressing the budget and spending crisis facing our country, those of us here on this Committee also have an opportunity to review and remove, as the President recently called for, ‘outdated regulations that stifle job creation and make our economy less effective.’
“While the President intends to exempt new regulations called for under Dodd-Frank as well as those from independent agencies, at least one of those agencies, the SEC under the leadership of Mary Schapiro, intends to proceed as if they are subject to the President’s Order. I look forward to working with her and others to eliminate unnecessary regulations of all varieties to help incent job creation and get our economy back on track.” ###
TEXT CREDIT: U.S. Congressman Scott Garrett 2244 Rayburn House Office Building Washington, DC 20515 (202) 225-4465 fax: (202) 225-9048
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