The American people are angry. They are angry that while millions of hardworking Americans are losing their homes, their life savings, that bank executives are rewarding themselves for failure.
Towns addresses public anger over bank executives' bonuses amid financial crisis.
Share
More from Edolphus Towns
I am proud to stand with President Obama, who included this in his jobs proposal because of the opportunity it offers to assist with deficit reduction, something that we all are concerned about.
When I walk the streets in my district and I listen to the people that are losing their homes, and then you look at these salaries, one would say, wait a minute, why don't we take these salaries and save a whole block.
The Honorable Edolphus Towns, a Member of Congress from the State of New York, Opening Statement