Washington, D.C. — The top Republican on the House Ways and Means Committee Kevin Brady (R-TX) released the following statement after the Federal Reserve announced their decision to hold interest rates steady:

“The Fed’s decision to keep rates steady recognizes that our labor market remains strong, job gains have been solid, and that our economic activity is rising. This comes as our unemployment rate has dropped to the lowest it’s been in 50 years, while wages are rising and small business optimism is surging. There is no better time to build on our economic success by moving forward with USMCA and making tax reform permanent.”