Senator Carper discusses Economic Growth, Regulatory Relief, and Consumer Protection Act
47 ABC, Delaware
March 12, 2018
DOVER, Del. – Credit Union workers, small business owners and Senator Tom Carper gathered in Delaware on Monday afternoon to discuss the Economic Growth, Regulatory Relief, and Consumer Protection Act that is making it’s way to the U.S. Senate floor.
The Act, also known as Bill 2155, which was introduced by an Idaho Republican, is designed to provide regulatory relief for community banks and credit unions, something that could benefit the economy.
Jerry King, the President and CEO of Dexta Federal Credit Union in Wilmington said, “It will help consumers as well as the economy. Businesses will have more access to borrowings because there will be more financial institutions out there to provide what they’re looking for to build their businesses and capitol and grow and get the loans that they need.”