Leader's Report ● Jobs and Economy
For Immediate Release: 
May 25, 2018
Contact Info: 
Mariel Saez 202-225-3130
Message from the Democratic Whip

This week, House and Senate Democrats unveiled the newest plank in our Better Deal agenda: “A Better Deal for Our Democracy.”  Mirroring concerns I raised in 2016 about the need to restore Americans’ faith in their government to be a force for good, Democrats, led by Rep. John Sarbanes (D-MD), have laid out a platform to get government working for our people again.  Among the proposals are campaign finance reform, redistricting reform, a restoration of voting rights, and a strengthening of our nation’s ethics laws.  We must end the culture of corruption in the Trump Administration and restore Congress as a functional branch of our government. 

On the Floor, I was disappointed that House Republicans passed legislation to undermine the Dodd-Frank Wall Street reforms that Democrats enacted in 2010.  When those reforms were put in place, they were intended to protect American taxpayers from having to provide future bailouts of collapsing banks.  Instead of putting consumers first, Republicans voted to weaken the reforms that keep Wall Street from engaging in the riskiest behaviors that precipitated the Great Recession.  While there are certainly ways Congress can – and should – provide regulatory relief to community banks through a truly bipartisan process, I joined Financial Services Committee Ranking Member Maxine Waters (D-CA) and others in opposing this legislation, which goes too far.

The House did, however, end the week on a positive note as Democrats and Republicans came together to pass the Fiscal Year 2019 National Defense Authorization Act.  Democrats, led by Armed Service Committee Ranking Member Adam Smith (D-WA), were able to keep the most harmful Republican provisions out of this bill and ensure it was bipartisan.  While I was proud to vote to ensure that our men and women in uniform have the tools they need to carry their missions out more effectively and more safely, I did have some concerns about cuts the bill would make to non-uniformed – but no less essential – defense personnel, as well as certain environmental provisions.  I hope that the final version of the defense authorization bill Congress considers will not have those concerning provisions and will attract the broadest, bipartisan support.  As we pause to observe Memorial Day, we must continue to stand with those who serve under our flag and work to defend our nation and all it represents.

Sincerely yours,

Steny H. Hoyer
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Democratic news update

On Democrats’ Better Deal for Our Democracy  On Republicans’ Partisan Bill to Weaken Dodd-Frank Reforms On the Passage of the FY 19 Defense Authorization Bill On the GOP Tax Scam