REP. HILL ON BLOOMBERG SURVEILLANCE: WHEN YOU MANDATE THIS KIND OF A PRICE CAP, YOU ARE GOING TO DENY DEPOSIT SERVICES AND OVERDRAFT PRIVILEGE SERVICES TO MILLIONS OF LOW-INCOME AMERICAN FAMILIES

WASHINGTON, D.C. - Today, Rep. French Hill (AR-02) joined Bloomberg Surveillance to discuss President Trump's work to make America competitive again, his Overdraft CRA, and more.

To watch the full interview, please visit HERE.

Topline Quotes:

"When you mandate this kind of a price cap, you are going to deny deposit services and overdraft privilege services to millions of low-income American families – that is why the CFPB rule is wrong. I want the competition to handle that as it is today."
"Every customer I had at my company in the Mississippi Delta was a smart consumer of how to balance their capital and income needs for their family every month, and what Rohit Chopra does is take that privilege away from millions of people."

"The President is focused on bringing broad manufacturing back to the United States, and I think the United States is the single best location for foreign direct investment in the world... Europe is not surging, Europe is slumping, and I am glad to see that actions taken by the U.S. are encouraging, maybe, a change economically and militarily in Europe."