WASHINGTON, D.C. — Today, by a vote of 258 to 159, the House passed a bipartisan economic regulatory relief package which incorporated three provisions authored by U.S. Representative Ed Royce (R-CA). The Royce provisions are aimed at increasing lending for small businesses, empowering under-banked consumers to access the mortgage market, and improving access to capital for companies looking to go public and hire more workers. Following passage of S. 2155, the Economic Growth, Regulatory Relief,...
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WASHINGTON, D.C. —U.S. Representative Ed Royce (R-CA) delivered a statement on the House floor in support of S.J.Res.57, which uses Congressional Review Act (CRA) authority to nullify the Bureau of Consumer Financial Protection’s (CFPB) guidance relating to indirect auto lending. Following Rep. Royce’s remarks, the House passed S.J.Res.57 by a vote of 234-175. Video of Rep. Royce’s remarks can be found HERE. Below is Rep. Royce’s statement (as prepared for delivery): “Following the housing and ...
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WASHINGTON, D.C. — Today, U.S. Representative Ed Royce (R-CA) released the following statement after joining Representatives Blaine Luetkemeyer (R-MO), and Dennis Ross (R-FL) in introducing H.R. 5381, the Government Risk and Taxpayer Exposure Reduction (GRATER) Act which reduces the risk of bailing out federal government programs by encouraging prudent risk management by agency and department heads: “Too often, American taxpayers are on the hook for government failures. However, recent examples...
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WASHINGTON, D.C.– Today, Representative Ed Royce (CA-39) announced his guest to be seated in the House gallery during the President’s first State of the Union address. “I’m honored to have a local Southern California jobs creator join me as my guest for this year’s State of the Union,” said Rep. Royce.James Lin is the CEO of Unified Network Information Services LLC., headquartered in Walnut, CA. James grew a small trucking company into a high-tech, global supply chain corporation. UNIS also manu...
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WASHINGTON, D.C. — Today, Representative Ed Royce (CA-39) released the following statement after China Airlines confirmed the first dates for newly added international flights from Ontario International Airport (ONT) to Taipei (TPE), Taiwan: “Today, we celebrate an important milestone in the decades-long effort to bring daily, nonstop international flights to Ontario, California. As Chairman of the Foreign Affairs Committee, I fought to make this possible given the important role that Southern C...
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WASHINGTON, D.C. — Today, Representative Ed Royce (R-CA) released the following statement after the House passed S. 504, the Asia-Pacific Economic Cooperation Business Travel Cards Act, legislation to permanently reauthorize the U.S. Asia-Pacific Economic Cooperation (APEC) Business Travel Card Program: “In order to keep California’s businesses competitive, it is critical to provide resources that improve access to growing markets. The APEC Business Travel Card program allows California business...
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Many of the challenges that we face as a nation can be solved with a strong economy and a thriving job market. When local businesses and entrepreneurs succeed, it positively impacts our entire community. As a new tax reform plan was unveiled last month, I will be continuing a new feature called “Local Business Spotlight.” Every business has a story to tell and I think they deserve to be heard. *** I’d like you to meet Lee Salas (second from the right in the picture above), owner and operator of...
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Many of the challenges that we face as a nation can be solved with a strong economy and a thriving job market. When local businesses and entrepreneurs succeed, it positively impacts our entire community. As a new tax reform plan is unveiled today, I will be starting a new feature called “Local Business Spotlight.” Every business has a story to tell and I think they deserve to be heard. *** To start off, I’d like you to meet Nitin Patel, General Manager of Midas Auto Service Store in Diamond Bar...
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Many of the challenges that we face as a nation can be solved with a strong economy and a thriving job market. When local businesses and entrepreneurs succeed, it positively impacts our entire community. As a new tax reform plan is unveiled today, I will be starting a new feature called “Local Business Spotlight.” Every business has a story to tell and I think they deserve to be heard. *** To start off, I’d like you to meet Nitin Patel, General Manager of Midas Auto Service Store in Diamond Bar...
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Rep. Royce meeting with Henry Cheng, Acting Chairman and CEO of 85℃USA Division. TAIPEI, TAIWAN – This week, U.S. Representative Ed Royce (R-CA) met with several leaders from the Taiwanese government and local businesses, including 85°C Bakery, as part of a U.S. delegation trip to highlight the positive economic cooperation that exists between Taiwan and the United States. After the meeting, Rep. Royce released the following statement: “The successful economic partnership between the United Sta...
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