The State of the Union
Here's what President Obama said about regulations in his 2015 State of the Union:
“We believed that sensible regulations could prevent another crisis, shield families from ruin, and encourage fair competition. Today, we have new tools to stop taxpayer-funded bailouts, and a new consumer watchdog to protect us from predatory lending and abusive credit card practices."
“We can’t put the security of families at risk by taking away their health insurance, or unraveling the new rules on Wall Street…”
"That’s what middle-class economics is -- the idea that this country does best when everyone gets their fair shot, everyone does their fair share, everyone plays by the same set of rules."
Sen. Joni Ernst (R-Iowa), who delivered the Republican response, has a history of hostilty to federal agencies and safeguards.
The Regulatory Accountability Act
The health and safety of American workers and families should be the top priority of federal agencies, but the Regulatory Accountability Act (RAA) would require them to put corporate profits first.
The bill threatens our nation’s environmental, public health, workplace safety, and consumer financial security protections by adding dozens of legal and procedural hurdles that would override popular laws like the Clean Air Act, the Clean Water Act, the Consumer Product Safety Improvement Act, the Food Safety Modernization Act, and the Occupational Safety and Health Act.
The Coalition for Sensible Safeguards strongly opposes the RAA and is urging members of Congress to vote against it. Read our letter to members, fact sheet, and latest press release opposing H.R. 185. Meanwhile the President's senior advisors have recommended that he veto the bill. #goawayRAA