Larsen Statement on House-Senate Conference Report on Wall Street Reform
For Immediate Release
Contact: Emily Halnon
(202) 225-2605
June 25, 2010
Washington, D.C. — Today, U.S. Representative Rick Larsen (WA-02) made the following statement after a joint House-Senate conference committee completed its work on Wall Street Reform. The bill will now be voted on by both the House and Senate.
“Nearly 100,000 hardworking folks in Northwest Washington lost their homes or retirement savings, through no fault of their own, because Big Banks on Wall Street played with their futures by selling risky financial products.
“We need Wall Street Reform to end the Era of Big Bank Bailouts so that if in the future, Wall Street decides to drive off a cliff, the American people will no longer be in the passenger seat.
“We must act to protect the financial security of hardworking families and small businesses on Main Street.
“I look forward to reviewing this bill before it comes to the floor of the U.S. House of Representatives for a vote.
###