[Congressional Record Volume 156, Number 90 (Wednesday, June 16, 2010)]
[House]
[Pages H4512-H4513]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
WALL STREET REFORM
(Ms. FUDGE asked and was given permission to address the House for 1
minute and to revise and extend her remarks.)
Ms. FUDGE. Madam Speaker, Wall Street reform is critical to creating
jobs and growing our economy. As we rebuild America, we must ensure
that Wall Street won't gamble again with our futures.
I support the Restoring American Financial Stability Act because it
includes commonsense reforms to hold Wall Street and the big banks
accountable. This bill will end bailouts by ensuring taxpayers are
never again on the hook for Wall Street's risky decisions and will rein
in big banks and their big bonuses. It protects families' retirement
funds, college savings, homes and businesses' financial futures from
unnecessary risk by lenders.
It also safeguards the American people from predatory lending abuses,
which resulted in millions of foreclosures over the past few years.
The American people deserve and want these reforms. Let's give
Americans what they deserve: fairness in the financial system.
[[Page H4513]]
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