Washington—Today, House Speaker Paul Ryan (R-WI) released the following statement on the passage of S.J. Res. 57, which marks this Congress’s 16th use of the Congressional Review Act:
“Today’s vote will bring change and make things easier for consumers and businesses alike within the auto lending marketplace. By rescinding this guidance—which was issued without consideration of the adverse effects on consumers—we are building on our efforts to ensure onerous, unnecessary regulations no longer interfere with the growing economy. I look forward to sending yet another repeal of a harmful Obama-era rule to the president’s desk, and continuing to look for opportunities to relieve Americans—and our economy—from overregulation.”
Note: For more information on S.J. Res. 57 and this Congress’s use of the Congressional Review Act, click here.