THE LEADER'S REPORT: WEEK OF JANUARY 19, 2009

Leader's Report
majorityleader.house.gov · (202) 225-3130
  
MESSAGE FROM THE MAJORITY LEADER

This week, millions gathered in Washington, DC to celebrate the inauguration of our nation's 44th President, Barack Obama. However, this inauguration was about far more than one man. It was about the millions who shaped a movement for change, and the millions more who came to Washington to take part in history and embrace a new spirit of public service.
 
Today, House and Senate Leaders met with President Obama at the White House to discuss the American Recovery and Reinvestment Act. While there is a consensus on the importance of working in a bipartisan manner to address the immediate problems facing the nation, it is also important to look down the road to long-term fiscal responsibility, including deficit reduction and entitlement reform. I look forward to working with the Obama Administration on these issues at the upcoming fiscal responsibility summit.
 
Yesterday, the House passed tough accountability measures to reform the Troubled Asset Relief Program (TARP) and ensure that those funds are spent effectively to help stabilize our economy. Because the Bush Administration’s Treasury Department has mismanaged the financial rescue funds approved in the last Congress, it is important that we restore Congress’ original intent for funds to be directed to the credit and mortgage problems that started the financial crisis, as well as strengthen accountability and transparency.
 
Next week, we will consider the American Recovery and Reinvestment Act, which will create jobs and secure long-term economic growth by investing in the future. With this legislation, Congress continues to make the tough choices and smart investments required to ensure a solid recovery and address the immediate challenges facing our nation.


Sincerely yours,

Steny H. Hoyer

STENY H. HOYER



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MAJORITY NEWS UPDATE

Hoyer Statement on the Inauguration of President Barack Obama
On Tuesday, Hoyer joined millions in celebrating the inauguration of our country's 44th President, Barack Obama.
 
Hoyer Statement on White House Meeting
House and Senate leaders of both parties met with President Barack Obama to discuss the American Recovery and Reinvestment Act.
 
Hoyer Statement on Recovery Package Floor Schedule

Yesterday, Hoyer released the Floor schedule for the American Recovery and Reinvestment Act. He expects the legislation to be on the House Floor for a vote on Wednesday, January 28th.
 
Hoyer on Guantanamo: A Renewed Commitment to the Rule of Law
This week, Hoyer responded to the Executive Orders signed by President Obama to close the detention center at Guantanamo Bay and end harsh interrogation techniques.
 

Hoyer Statement on Resolution Disapproving Release of Remaining TARP Funds

Yesterday, Hoyer spoke on the House Floor in opposition to the resolution disapproving the release of remaining Troubled Assets Relief Program (TARP) funds under the Emergency Economic Stabilization Act of 2008.