Majority Leader Hoyer Discusses Wall Street Reform on CNBC

For Immediate Release:

April 29, 2010

Contact:

Katie Grant
Stephanie Lundberg
(202) 225 - 3130


Financial Reform

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“Republicans, of course, when we passed the Wall Street reform bill through the House of Representatives, unanimously opposed it. But what's happened is two-thirds of the American public believes in effect that we need to put the referee on the field, we need to make sure that those folks who have caused us extraordinary financial loss in this country and put millions of people out of work and cost the taxpayers a lot of money – which hopefully, most of which we'll get back – but not withstanding that, we need to put the referee back on the field. The American public believes that.”
 
“I think we'll pass this piece of legislation with the Senate.... We’ll come out with a strong bill that makes sure that consumers are protected and that we regulate the financial industry so that we don't again face this crisis that required us to step in.” 

 

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