Appropriations Committee Republicans Pass Financial Services Bill that Benefits Scammers, Fraudsters, and Cheaters

Press Release

"House Republicans claim to support things like law and order, economic competition, small businesses, and protecting children. Yet their actions, demonstrated by this bill, suggest otherwise. Cuts to the Internal Revenue Service would protect tax cheats over honest, hard-working families. Cuts to the Securities and Exchange Commission would benefit market manipulators and inside traders over families saving for retirement. Cuts to the Federal Trade Commission would levy higher prices on Americans and make seniors more prone to be victimized by scammers. And cuts to the Consumer Product Safety Commission would enable dangerous products to hit store shelves and enter our homes, potentially harming our children. By passing their 2024 Financial Services and General Government bill, House Republicans have shown once again that they are focused on disadvantaging small businesses and slashing the programs families depend on so they can advance the priorities of billionaires and big corporations."

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