More Relief for Main Street: Senator Burr Applauds Passage of Dodd-Frank Reform Bill

WASHINGTON, D.C. – Today, Senator Richard Burr released the following statement on the passage of the Economic Growth, Regulatory Relief, and Consumer Protection Act:

“I’m pleased the Senate passed bipartisan legislation today to promote economic growth and address many of the shortfalls of the Dodd-Frank Act.  For years North Carolinians have shared with me that Dodd-Frank hobbled our local economies with excessive and ill-conceived red tape, particularly in small towns and rural communities across our state.  This bill addresses those flaws by reducing unnecessary and time-consuming regulations in order to provide small businesses and families with the access to capital they need to grow their business or purchase a home. I look forward to this legislation’s swift passage in the House.”