WASHINGTON, D.C. – Today, House Ways and Means Committee Chairman Kevin Brady (R-TX) released the following statement after President Donald Trump signed an Executive Order to help Americans to increase their retirement savings:

 “Today’s action by President Trump highlights the need for reforms that enhance the retirement security of families and workers in our communities. The Administration’s commitment to removing regulatory barriers to retirement savings aligns with the efforts of Republicans in Congress in advancing legislation that supports our shared objective of enhancing retirement savings.

 “Passing historic tax reform last year changed the trajectory of our economy for the better and Americans are keeping more of their paychecks as a result. Promoting family savings for major life events like retirement is an important part of maintaining a strong economy, which is why we’ve made retirement security a key pillar of tax reform 2.0.

“I look forward to continue working with President Trump and Secretary Mnuchin to improve the financial security of every American by making it easier to save for retirement.”