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June 30, 2010Press Item
Wall Street Reform shuts down TARP, eliminates Treasury's ability to recycle TARP repayments and requires that all TARP repayments must immediately go to Treasury – helping reduce the national debt.
June 30, 2010Press Item
This week, the Republican Leader, Mr. Boehner, compared reforming Wall Street to "killing an ant with a nuclear weapon." The greatest economic crisis since the Depression may look miniature to him—but not to the eight million Americans whose jobs it took away, or the millions more who saw their savings devastated, or the families in every one of our districts who have lost their homes.  
June 30, 2010Press Item
Today, the House passed legislation to shut down TARP, crack down on the risky behavior that led to the financial meltdown, and ensure that financial firms will cover the cost of shutting down failing firms.
June 29, 2010Press Item
Congress will debate its divisions over U.S. policy on Afghanistan a week after a Rolling Stone magazine article showed tensions in the Obama administration's war team that led to the dismissal of Gen. Stanley A. McChrystal as chief commander of American and NATO troops there.