Political Quotes

On the recordJune 28, 2010
Thank you very much. Thank you, Mr. Speaker. Let me thank Congresswoman Fudge for once again being on the mark in terms of the Special Order tonight. She has taken the leadership on behalf of the Congressional Black Caucus to really bring the message of the Congressional Black Caucus to the country. Tonight, Congresswoman Fudge will be talking about the urgent need to enact regulatory reform of America's financial markets. So thank you for your leadership. I know your district is going to benefit tremendously from this. Oftentimes we forget that regulatory reform also has a direct impact on the huge foreclosure crisis that I know your district is facing. So thank you again for your leadership. Let me just thank, first of all, all Members who were on that Financial Services Committee for such a major effort to take this important step in protecting Americans from another financial crisis. While many provisions in the bill could be much stronger, I believe that H.R. 4713 is a critical step forward in bringing some reasonable regulations and oversight back to an out of control financial services sector.
Said by
Barbara Lee
Democratic · California

Editor's note · Context

The speaker addresses the need for regulatory reform in America's financial markets and its impact on foreclosure crises.

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