[Congressional Record Volume 156, Number 60 (Tuesday, April 27, 2010)]
[House]
[Page H2884]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SUPPORT WALL STREET REFORM
(Ms. HIRONO asked and was given permission to address the House for 1
minute.)
Ms. HIRONO. Mr. Speaker, we need Wall Street reform. The collapse in
the value of securities as a result of Wall Street's conduct caused our
Nation's economic crisis. While Americans struggle to find work and to
pay their mortgages, Wall Street continues to pay huge bonuses and to
focus only on their profits.
Janet Orcutt of Kailua, Oahu, shared her story with me recently. Last
August, Janet's son-in-law lost his job in this bad economy. This led
to her daughter and son-in-law losing their home. Now her daughter,
son-in-law, and 5-year-old grandson live with Janet and her two teenage
children. With everyone living with them, Janet and her husband have
had additional costs, which they charge to their credit cards. Each
month, they fall farther behind.
Janet said, ``We middle-income Americans are suffering while powerful
Wall Street financial companies lobby against financial reform.''
I share Janet's anger. Without reform, the current system will
continue to harm the well-being of families like Janet's. The House has
passed Wall Street reform. It is high time that the Senate does
likewise.
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