WASHINGTON, DC – House Republican Conference Chair Cathy McMorris Rodgers (R-WA) issued the following statement today after the House passed two bills to reduce the regulatory burden and provide financial independence to all Americans: H.R. 650, the Preserving Access to Manufactured Housing Act, and H.R. 685, the Mortgage Choice Act.
“Right now, there are far too many people in my home state of Washington – and all across America – who struggle to get ahead because the government is standing in their way. These are our young families trying to buy their first homes; our moms and dads saving to send their kids to college; and our entrepreneurs eager to get their businesses off the ground. There’s one thing that stands between them and their financial independence: the federal government’s red tape.
“Federal regulations have made it too difficult for low and moderate-income Americans to qualify for a mortgage – and as a result, too many people find the American Dream unachievable. The bipartisan legislation we passed today changes that. Our bottom-up approach to growing a healthy economy puts financial choices where they belong: in consumers’ hands. It reduces the regulatory burden and makes it easier for hardworking Americans to qualify for a mortgage, buy their first home, and achieve financial independence. I applaud my colleagues, Reps. Fincher (R-TN) and Huizenga (R-MI) for advancing legislation that helps make the American Dream a reality for everyone in this country.”