Senator Booher’s statement is as follows:
Senate Resolution No. 14 is before us. This resolution encourages Congress to slow down or stop implementation of
new federal rules which may negatively impact customers of Michigan banks and credit unions. The House has already
adopted similar measures, and we need to stand unified and send a unified message from Michigan that the rules may
hurt our financial institutions and the millions of consumers we have here in this state. This cannot happen as we are here
working to reinvent Michigan.
I encourage a “yes” vote on this resolution.