July 15, 2010

Congressman Gregory W. Meeks Statement on Senate Passage of Wall Street Reform

(WASHINGTON, DC)–Congressman Gregory W. Meeks (NY-6) released the following statement in regards to the Senate passage of Wall Street Reform bill:

“I congratulate the Senate on passing the Dodd-Frank Wall Street Reform and Consumer Protection Act.  With the final hurdle complete, the bill now goes to the President to sign so that Main Street and the millions of Americans affected by the financial crisis will finally have the protections that eluded them during the Bush Administration’s days of wanton neglect of consumers.

“I am proud to have worked on and supported the Dodd-Frank bill.  From strengthening consumer and investor protections, to regulating derivatives, to ensuring that taxpayer money is never again used to the bailout failing financial firms, this bill protects Americans without being unduly punitive to institutions that are vital to a functioning economy.”

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