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WASHINGTON, DC – Congressman Henry E. Brown, Jr. (R-SC) voted in favor of legislation that he believed laid out the best possible plan for the future of America’s financial markets. Following the failure of the Emergency Economic Stabilization Act of 2008 (H.R. 3997), Congressman Brown made the following statement:
“Inaction is not an option, and while this legislation may not have been perfect, I supported it as the best possible plan for America’s financial future. While this was a tough decision, my greatest fears were confirmed as the stock market dropped considerably in response to Congress’s failure to pass this bill.
I look forward to working across the aisle to craft legislation to stabilize our economy and prevent the credit problems of Wall Street from passing on to Main Street Americans. We must pass legislation to support America’s financial markets; a no vote is a vote against our financial future.”
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