Press Releases

WASHINGTON, D.C. – U.S. Sen. John Kennedy (R-La.) announced today that, S.2155, the Economic Growth, Regulatory Relief, and Consumer Protection Act, has been signed into law by President Donald Trump.  Sen. Kennedy is an original co-sponsor of the legislation.  This bill gives desperately needed relief to community banks and credit unions that have been suffering under the burdensome regulations of Dodd-Frank.  

President Trump thanked Sen. Kennedy for his efforts on the Economic Growth, Regulatory Relief, and Consumer Protection Act in the Roosevelt Room at the bill signing ceremony. 

Sen. Kennedy with President Trump at the bill signing ceremony. 

“For almost a decade, community banks and credit unions have been shackled by the tremendous regulatory burden of Dodd-Frank.  That’s why bipartisan lawmakers from the House and Senate came together to craft legislation that protects consumers while helping small businesses and rural communities rebuild and grow,” said Sen. Kennedy.  “I am proud to be a part of this historic moment, and I am grateful that President Trump has signed our bill into law.”

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