Want some bipartisan action in Washington? It may not be much, but the leadership of both represented parties on the Senate Banking Committee are reaching out to their constituents for help.
Chairman Mike Crapo (R-Idaho) and Ranking Member Sherrod Brown (D-Ohio) have announced a process for soliciting legislative proposals to increase economic growth.
“[We] have designed an orderly process for consideration of proposals that will help consumers, market participants, and financial companies responsibly participate in the economy in a more effective and efficient manner,” Crapo said in a statement. “We welcome input from all interested stakeholders to that end.”
“After seeing the impact of the financial crisis on Americans, I look forward to proposals that will create real economic growth and jobs, and help reverse years of stagnant wages and widening inequality,” said Ranking Member Brown.
The Committee will collect proposals through Friday, April 14. The submissions should clearly identify three to five priority proposals that will promote economic growth and/or enable consumers, market participants,m and financial companies to better participate in the economy.
Each discrete proposal should include the following: a brief description of the proposal; the impact on economic growth; the impact on the ability of consumers market participants and financial companies to participate in the economy; legislative language; and other background material as appropriate.
The public can submit electronic copies of their proposals to Committee staff at firstname.lastname@example.org.