Added: Jul 1, 2010
Author: RepJohnBarrow
Duration: 0:45
On Wednesday, June 30th, Congressman Barrow spoke on the House floor in support of H.R. 4173, the Wall Street Reform and Consumer Protection Act. The full text of Congressman Barrow's statement is below: M. Speaker. I rise in support of H.R. 4173, the Wall Street Reform and Consumer Protection Act, because I believe this bill takes positive steps to protect us from the risky and abusive behavior that took our country to the verge of financial ruin. I voted against "the Bank Bailout" because there wasn't enough accountability for how that money was going to be used. It also didn't get at the root of the problem. This legislation gets at the root of the problem by protecting consumers from abusive and predatory financial practices. It also gets banks back in the business of making good loans instead of gambling with our money. I look forward to passage of this legislation, and I urge my colleagues to lend their support as well.
Channel: News
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