House Passes Gosar Amendment to Protect Veteran-Owned Businesses from Overzealous Bureaucrats

Statement

Today, U.S. Congressman Paul A. Gosar, D.D.S. (AZ-04) released the following statement after the House successfully adopted the Congressman's amendment requiring the Consumer Financial Protection Bureau (CFPB) to analyze the costs and potential negative impacts to veteran-owned businesses before putting forth future overreaching mandates and attached the amendment to H.R. 1737, the Reforming CFPB Indirect Auto Financing Guidance Act:

"Exactly one week ago, we celebrated Veterans Day and the patriotic service that so many men and women have heroically given to this great nation. While kind words of support are nice, our veterans need and deserve bold action from Congress, including protecting their businesses from unnecessary regulations that threaten their livelihoods. It is outrageous that our nation's heroes are capable of surviving dangerous combat situations, but many of their small businesses are not capable of surviving overreaching new mandates from the Obama Administration.

"Veterans already face tough challenges finding work when they return from service and earlier this year, post-9/11 veterans unemployment numbers were as high as 7.2%. In recent years, veteran's unemployment numbers have been some of the highest in the country and at times have even been in double digits. I'm proud that the House took action today to protect the livelihoods of American heroes from future job-killing regulations that will be put forth by a rogue agency created under Dodd-Frank."

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