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Representative Love tells Utah Senate Congress is working on regulatory, credit and veteran reforms
Summary
Representative Love addressed the Utah Senate on Day 31, praising state reforms and outlining federal priorities including restoring Article I authority, adjusting financial regulation to improve access to credit, veterans’ accountability and efforts to curb illicit financing.
Representative Love, appearing as a guest before the Utah State Senate on Day 31, told senators that Congress is working to “right-size” federal regulation, increase access to credit and hold federal agencies accountable. "You guys make us look really good in Washington," she said, thanking senators for reforms she described as models for federal policy.
Love said Congress should reclaim certain authorities under Article I and focus on monetary and regulatory clarity so that access to capital is not unduly restricted. Using an analogy about dosing a child, she said Dodd-Frank and some agency rulemaking had imposed measures that she believes went beyond what legislators intended, limiting access to credit and harming Utah businesses. "You cannot have capitalism without capital," she said.
She described work on the House Financial Services Committee and said Congress is reviewing the role of the Consumer Financial Protection Bureau and holding hearings — including on Wells Fargo — to improve accountability. Love also listed other priorities she is pursuing in Washington: veterans' accountability measures, efforts against illicit financing that can fund trafficking or terrorism, support for career and technical education, and bipartisan measures to increase contraceptive access by reducing costs and barriers.
During a short question-and-answer period, Senator Henderson asked specifically about Dodd-Frank and recent executive actions. Love reiterated that she wants legislative, not administrative, solutions and said she is pushing policies aimed at returning decision-making to elected representatives and ensuring agencies are constrained by law and oversight.
The representative closed by thanking the chamber and saying she looked forward to continued collaboration between Utah’s congressional delegation and the legislature. The Senate then resumed its calendar work.
