President Obama and Congressional Democrats continue to do everything possible to rebuild an economy damaged by eight years of irresponsible policies.
House Republicans with their no vote today want to send people out of work through no fault of their own into destitution and desperation. Nearly two million American families rely on this assistance to pay for essential services while they look for work.
Like my constituents, I have been angered by the greed exhibited by Wall Street and other companies that took advantage of their investors, preyed on so many Rhode Islanders, and rewarded executives with outrageous pay packages.
Lax regulation allowed big firms to make risky bets and offer loans to people who couldn't pay them back. These reforms will put rules in place to monitor and clamp down on risky behavior that could endanger our financial system.
Once again House Republicans voted against offering a small measure of help to families that are struggling to make ends meet.
Casino-style Wall Street investments almost caused a second Great Depression and we need definitive action to hold Wall Street accountable and prevent future crises.
This bill sends a clear message to Wall Street - clean up your act. This bill seeks to end practices of a financial industry run amok with predatory lending and reckless gambling with hardworking American's money.
A vote in favor of this legislation is a vote for the American consumer, investor, and taxpayer. A vote against continues the policies that led to the financial calamity and cost millions of Americans their homes and their jobs.
This critical program will ensure that increasing numbers of retired workers between the ages of 55 and 64 do not have to spend their days agonizing over medical bills or pouring their savings into expensive policies in the individual market.