More on Financial Services
WASHINGTON, D.C. -- Congressman Kevin Cramer issued the following statement today on President Trump’s Executive Order halting the Department of Labor’s Fiduciary Rule:
During President Obama’s time in office, it became a reoccurring theme to direct bureaucrats in Washington to issue wide-sweeping regulations on industries, without consulting the people actually being affected. This is the case with the Department of Labor’s Fiduciary Rule.
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WASHINGTON, D.C. – Congressman Kevin Cramer said a bill passed by the House of Representatives today opens doors for entrepreneurs seeking angel investors.
WASHINGTON, D.C. – Congressman Kevin Cramer released the following statement on the ruling issued Tuesday by the United States Court of Appeals for the District of Columbia Circuit regarding the agency structure of the Consumer Financial Protection Bureau (CFPB).
WASHINGTON, D.C. – Congressman Kevin Cramer supported the appropriations bill funding several financial services agencies, as well as the judicial and executive branches of the federal government, when H.R. 5485, the Fiscal Year (FY) 2017 Financial Services and General Government Appropriations Bill, passed the House of Representatives today.
WASHINGTON, D.C. – Legislation authored by Congressman Kevin Cramer has been introduced to the House Ways and Means Committee by its Oversight Subcommittee Chairman Peter Roskam (R-IL). H.R. 5171, the LEGACY IRA, authorizes tax-free IRA rollovers on gifts which benefit charities and provide taxable retirement income for donors.
WASHINGTON, D.C. -- Legislation that has been passed by the House of Representatives will benefit startup companies seeking investors, according to Congressman Kevin Cramer. H.R. 4498, the Helping Angels Lead Our Startups (HALOS Act), amends the Securities Act of 1933 to ensure that startup companies do not inadvertently violate Securities and Exchange Commission (SEC) regulations governing general solicitation of potential investors. The bill passed the House by a vote of 325-89 Wednesday.