[Congressional Record Volume 156, Number 101 (Thursday, July 1, 2010)]
[House]
[Pages H5305-H5306]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
WALL STREET REFORM AND CONSUMER PROTECTION ACT
(Mr. HEINRICH asked and was given permission to address the House for
1 minute.)
[[Page H5306]]
Mr. HEINRICH. Last night, I hosted a telephone town hall with
thousands of New Mexicans to discuss what we've been doing to reform
Wall Street and to protect and empower consumers in the marketplace.
During the town hall, several constituents contacted my office for help
with their own financial problems like unfair spikes in their credit
card interest rates. Just like these callers, all New Mexicans have
been negatively impacted by the years without accountability for Wall
Street banks and big corporations that caused the financial hardship
that we're dealing with today.
Our working families and our small businesses deserve better. That's
why I was proud to vote for the Wall Street Reform and Consumer
Protection Act yesterday. This legislation will rein in the Wall Street
banks and their big bonuses and put an end to taxpayer bailouts and the
idea of ``too big to fail.'' I'm hopeful the Senate will quickly pass
this bill so that Wall Street banks will again be held accountable.
Hardworking New Mexicans deserve no less.
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