[Congressional Record Volume 155, Number 186 (Friday, December 11, 2009)]
[Extensions of Remarks]
[Pages E2970-E2971]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




         WALL STREET REFORM AND CONSUMER PROTECTION ACT OF 2009

                                 ______
                                 

                               speech of

                         HON. JAMES R. LANGEVIN

                            of rhode island

                    in the house of representatives

                      Wednesday, December 9, 2009

       The House in Committee of the Whole House on the State of 
     the Union had under consideration the bill (H.R. 4173) to 
     provide for financial regulatory reform, to protect consumers 
     and investors, to enhance Federal understanding of insurance 
     issues, to regulate the over-the-counter derivatives markets, 
     and for other purposes:

  Mr. LANGEVIN. Madam Chair, I rise in strong support of H.R. 4173, the 
Wall Street Reform and Consumer Protection Act, which will rebuild our 
economy and crack down on Wall Street to prevent another economic 
collapse caused by institutions that are ``too big to fail.''
  Over the past year, I, like many Rhode Islanders, have been angered 
by the greed exhibited by Wall Street and other companies that took 
advantage of their investors, preyed on our constituents, and rewarded 
executives with outrageous pay packages. With this bill, consumer 
protection will come first, and irresponsible companies will be held 
accountable for their actions.
  I would like to thank the committees for their work on this bill, and 
especially want to thank Chairman Frank for his leadership on this 
strong reform measure. I encourage all my colleagues to vote for this 
bill.

[[Page E2971]]



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