WASHINGTON, May 1 -- Sen. Katie Britt issued the following press release:
U.S. Senator Katie Britt (R-Ala.) today applauded the Trump Administration's Consumer Financial Protection Bureau (CFPB) finalizing a rule which will roll back the Biden Administration's misguided 1071 Small Business Lending Data Collection rule.
"I fought for years against the Biden Administration's 1071 rule, including through my PROTECTED Act, because it was far-reaching, imposed significant costs, and unfairly hurt our smallest community banks that serve rural and underserved communities. This new rule ensures small lenders can continue to meet the needs of Main Street businesses, and I'm proud to be a strong supporter. I will always advocate for small businesse...