Secretary of the Treasury Steven T. Mnuchin released the following statement on the Financial CHOICE Act:
“As Secretary, I am committed to policies that will ensure sustained economic growth that is driven by Main Street and not held back by Washington. The existing regulatory system is limiting, not stimulating our economy. At the Treasury, we are focused on delivering regulatory relief that encourages banks to provide the capital and liquidity needed to create jobs and opportunities for growth, and that provides protection against taxpayer-funded bailouts.