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» Hoyer Statement on President-Elect Obama’s Economic Team, November 24, 2008
For months now, the historic scope of our economic crisis has been clear to all Americans. Our financial markets have seen great turmoil, leading millions of Americans to fear for the security of their savings, pensions, and retirements.
» Hoyer Applauds Senate's Passage of House Legislation Extending Unemployment Insurance, November 20, 2008
I applaud the Senate's passage of House legislation extending unemployment insurance for Americans suffering in this recession.
» Hoyer Congratulates Waxman on Chairmanship, Commends Dingell for Service, November 20, 2008
I want to commend Chairman John Dingell for his nearly 53 years of service to his constituents and to our nation, making him the longest serving member of Congress come next February.
» Hoyer and Democrats Demand Auto Industry Be Held Accountable; Provide a Plan for Viability, November 20, 2008
As we said this afternoon, Democrats fully understand the importance of America’s automotive industry to our entire economy, and to the 3 million workers who depend on it for employment.
» Hoyer Speaks at National Press Club on Historic Election, Congressional Agenda, November 18, 2008
» Hoyer Statement on U.S. Jobless Claims Reaching Highest Point in Seven Years, November 13, 2008
Today’s report from the Labor Department confirms that this recession is threatening the livelihoods of hundreds of thousands of Americans.
» Majority Leader Hoyer Recognizes Nation's Veterans, November 10, 2008
Veterans Day is a time to reaffirm our support for every American service member, both the 25 million living veterans and those we have lost, who fought to protect our freedoms.
» Hoyer Statement on October Unemployment Report, November 07, 2008
Today’s job figures show an unexpectedly sharp spike in unemployment: In October, the American economy lost an additional 240,000 jobs. With job losses in nearly every sector of our economy, from blue-collar to white-collar, our unemployment rate has reached 6.5%, a 14-year high. In all, our economy has cut jobs every month of this year, for a total of 1.2 million lost since 2008 began.
» Hoyer Applauds President-Elect Obama's Selection of Rep. Rahm Emanuel as Chief of Staff, November 06, 2008
President-elect Obama’s selection of Rahm Emanuel as White House Chief of Staff shows a strong commitment to the mandate for change given by voters on Tuesday.
» Hoyer on Blunt’s Resignation as House Republican Whip, November 06, 2008
I am sorry to learn that Congressman Roy Blunt will not be seeking reelection as House Republican Whip.
» Hoyer: Utilities Cut Service as Many on Main Street Struggle to Pay Bills, November 03, 2008
Winter has arrived, and with the cold weather comes another difficulty for families hit hard by the bad economy – paying to heat their homes.
» Hoyer on TARP Provisions, October 31, 2008
In the past few days, it has come to our attention that some financial institutions are misrepresenting the intent of Secretary Paulson’s ‘Troubled Asset Relief Program.’
» Hoyer on Economic Downturn Forcing Cuts to Law Enforcement, October 31, 2008
We know that the economic crisis has ensnared families, small businesses, and state and local governments. Today we learn that law enforcement is also being hit hard.
» Hoyer on GDP Report, October 30, 2008
The Department of Commerce released more bad news today on the economy – the GDP has fallen for the first time in 2008. This is important because it means that America is producing less and selling less.
» Hoyer: Consumers Feel the Credit Crunch, October 29, 2008
In today’s New York Times, there is a story illustrating the devastating impact that the current economic crisis is having on Joe the consumer.
» Hoyer: Underemployment Impacts Families and Economy, October 28, 2008
While the rise in unemployment has been the focus of many news stories throughout the recent economic downturn, a related issue that has received far less attention is the effect ‘underemployment’ is having on America’s working families.
» Democratic Leaders Speak with Experts on Possible Economic Recovery Plan, October 27, 2008
Earlier today, House Democratic leaders spoke with top economists about a new economic recovery package for Main Street.
» Hoyer: Greenspan Acknowledges Role of Regulatory Neglect, October 24, 2008
I appreciate Chairman Greenspan’s candor, and I hope to see similar candor from conservatives in the days to come. It is clear that knee-jerk Republican deregulation has failed.
» Hoyer Statement on the "Deterioration of the Job Market", October 23, 2008
American workers are facing severe job losses and the prospect of a painful recession.
» Hoyer: Economic Crisis Impacts Americans’ Health, October 22, 2008
A troubling story in the New York Times today illustrates how the economic crisis is taking a serious, and in some cases dangerous, toll on the everyday lives of many Americans – with some forced to forego necessary prescription drugs so that they can pay for food or keep a roof over their heads.
» Hoyer: Economic Crisis Continues to Impact Main Street, October 21, 2008
On today’s front page of USA Today, there are two stories illustrating the devastating impact that the current economic crisis is having on communities around the country.
» Hoyer: The Democratic 110th Congress Continues to Make Education a Priority, October 20, 2008
In this time of great economic crisis, millions of American families are struggling to support their most basic needs and worry that access to higher education for their children is in jeopardy.
» Hoyer Statement on Chairman Bernanke, White House Comments Regarding Economic Recovery Package, October 20, 2008
Testifying today before the House Budget Committee, Federal Reserve Chairman Ben Bernanke voiced his support for an economic recovery package. Subsequent White House comments indicate President Bush is moving towards Democrats’ position on this vital issue as well.
» An Interactive Timeline: Eight Years of Republican Failure, October 17, 2008
Republicans’ eight years in the White House, and six years at all the levers of power, have resulted in a faltering economy, a failing energy policy, record deficits and debt, numerous cases of corruption, and an America overstretched and weakened in the world.
» Hoyer Statement Following Meeting with House Democratic Leaders and Economic Experts, October 13, 2008
Let me assure you: No one here underestimates the gravity of our economic crisis. But I left today's meeting confident that the Emergency Economic Stabilization legislation Congress passed early this month gives the Treasury Department the authority and flexibility it needs to respond to this crisis.

 

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