“The Dodd-Frank Act signed by President Obama has severely damaged our banking industry and this bill will undo some of its most harmful regulations. My amendment will ensure that unelected international regulators can’t expand their power over American businesses. It also ensures that bureaucrats in Washington can’t use international law beyond the scope of the bill to circumvent the legislature. Excessive and ineffective regulation continues to strangle or economy. Far more work will be done, but this is another step in the right direction as we seek to restore responsible regulation that frees our smaller financial institutions from the grips of a regulatory framework originally targeted at Wall Street’s biggest banks.”
Today, the House of Representatives passed the WINGMAN Act (H.R. 5166). The bill will allow Congressional employees to access the Department of Veterans Affairs claims records system in an effort to help provide benefits. Each Congressional office employs several individuals as caseworkers to assist and advocate on behalf of constituents in dealing with federal agencies.
Today, Congressman Warren Davidson (R-Ohio) and Senator Marco Rubio (R-Florida) noted the 9,477 public comments largely opposing the IRS’s recent attempt to unilaterally increase the estate tax burden. November 2nd was the deadline for public comments for the death tax valuation discount rules proposed by the IRS in August. These new rules would change the way individuals calculate their estate tax burden, effectively increasing it by up to 30 or 40 percent.
The IRS released a new regulation which will drastically increase how much family farms and businesses pay in taxes. Rep. Davidson introduced the Protect Family Farms and Businesses Act to stop this regulation from going into effect.
Rep. Davidson introduced the Lead by Example Act in a call for his colleagues to stand with veterans in solidarity.
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Rep. Davidson Defends The 2nd Amendment on House FloorRep. Warren Davidson joined fellow members of Congress who served in the military on the floor of the House of Representatives to defend the Second Amendment. Click to hear what he had to say.