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For Immediate Release
September 27, 2017
ABA Media Contact: Blair Bernstein
(202) 663-5468
Follow us on Twitter: @ABABankers

ABA Statement on Tax Reform Framework

By Rob Nichols, ABA president and CEO

​     “We applaud Congress and the administration for taking an important step toward reforming our nation’s tax code. We are encouraged by their commitment to this critically important issue by lowering rates and broadening the tax base, and look forward to seeing a more detailed plan as the legislative process begins.

     “ABA and the nation’s $17 trillion banking industry support comprehensive tax reform, and will work with Congress to enact a final plan that grows the economy, creates jobs and reflects our core principles.”
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The American Bankers Association is the voice of the nation’s $17 trillion banking industry, which is composed of small, regional and large banks that together employ more than 2 million people, safeguard $13 trillion in deposits and extend more than $9 trillion in loans.