Barr Reintroduces HELP in Rural Communities Act

Statement

Congressman Andy Barr (R-KY) today reintroduced the Helping Expand Lending Practices (HELP) in Rural Communities Act with Congressman Ruben Hinojosa (D-TX). The bill would provide individuals in rural areas the right to petition for the area to be properly reclassified as "rural" and relieve local community banks and credit unions from burdensome regulations that unfairly limit their ability to lend and help create jobs in their communities.

"While the Consumer Financial Protection Bureau has expanded their definition of "rural' to include areas like Bath County, the process remains opaque, arbitrary, and not subject to appeal," said Congressman Barr. "I am pleased to reintroduce this bipartisan bill along with Congressman Hinojosa which will help rural communities across America that are struggling with the one-size-fits-all regulations for which they lack the resources to comply."

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