Congressional roundtables focus on economy in East Texas

U.S. Rep. Nathaniel Moran hosted Congressman French Hill, vice-chairman of the House Financial Services Committee, in Tyler and Longview for back-to-back economic roundtables with East Texas banking and finance leaders.

The conversations covered topics, including national debt, monetary policy, banking regulations, the impact of inflation, tax issues and how to ensure small businesses can succeed despite economic challenges and burdensome government regulations. The discussions were hosted by Drake Real Estate and Investments in Tyler and VeraBank in Longview.

"It was an honor to have Congressman Hill join me for roundtable discussions with the finance and banking communities in Tyler and Longview," Moran said. "I appreciate those who joined us to talk about important issues that affect the financial security of all Americans."

It was a valuable opportunity to address questions and receive feedback from East Texans on how regulations in Washington, D.C., could be adjusted to help the banking and investment sectors operate more effectively and enhance the American economy, Moran said.

"I was so pleased to join my friend and colleague Rep. Moran today is visiting with many Texas bankers and touring the impressive, standalone Financial Crimes Intelligence Center in Tyler," Hill said.

As a former banker in both Texas and Arkansas, Hill understands firsthand the importance of supporting bankers in the region, recognizing them as key players in driving the economy. Hill also emphasizes the need to effectively combat financial crimes to protect consumers and pursue wrongdoers.

"In the current business climate, it is refreshing to have government representatives, like Congressmen Moran and Hill, who want input from their constituents," said Matthew Marshall, Drake Real Estate and Investments in Tyler. "Drake was happy to host the event and I believe all of the attendees enjoyed the discussion."