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On the recordJuly 22, 2015
Mr. President, I would like to thank my colleagues from Ohio and Oregon, as we come to the floor today to talk about the 5 years since the passage of the Wall Street reform bill--better known as Dodd-Frank--and what it has meant for our States and for our country. It is no secret that Delaware, my home State, is also home to a very large financial services industry. The whole range of financial institutions--from small community banks and credit unions, to larger regional banks, to literally some of the largest banks in the world-- has a home in my State and employs tens of thousands of my constituents. So I understand it might be surprising to some to see me come to the floor and join my colleagues in defense of the broad and sweeping Wall Street reform bill that was enacted 5 years ago, but as a Democrat representing these workers in a State that benefits from a robust financial services industry, I also know how important strong, stable, secure, predictable capital markets and well-functioning and well- regulated financial services are to a healthy economy from which we can all benefit. If we don't have a bank we can trust, we can't get a loan or buy a home or finance an education--investments that can serve as foundations to a brighter future for our families. If we don't have robust capital markets, companies cannot get money they need to invest in people and products and services, in growth and in jobs.…
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Chris Coons
Democratic · Delaware

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