On the recordApril 28, 2010
We have had three tries at this financial reform, and I will tell my distinguished colleagues on the other side of the aisle: We are not out. We are just beginning to fight under the circumstances we are confronted with because we are fighting on behalf of the American people. This bill reflects the priorities articulated by President Obama and supported by an overwhelming majority of the American people. It will end the so-called 'too big to fail' and prevent massive banks from making risky decisions that threaten the entire American economy. It will eliminate the need for government bailouts, and it will institute commonsense regulations so companies cannot create investments that are designed to fail and then bet against them. In short, this legislation is a good starting point.





