[Congressional Record (Bound Edition), Volume 156 (2010), Part 5]
[House]
[Page 6832]
[From the U.S. Government Publishing Office, www.gpo.gov]




                           WALL STREET REFORM

  (Mr. HALL of New York asked and was given permission to address the 
House for 1 minute.)
  Mr. HALL of New York. Mr. Speaker, we must reform Wall Street and end 
the risky practices that have caused millions of Americans to lose 
their jobs, their homes, and life savings. The House passed a financial 
reform bill that will protect consumers and prevent the irresponsible 
behaviors and practices that caused the financial crisis.
  This is the 21st century. It's the government's responsibility to 
regulate products that are dangerous. To prevent the sale of cars with 
faulty brakes, the government regulates the auto industry. To prevent 
the sale of rancid meat, the FDA regulates meatpackers. To prevent the 
sale of toys containing lead, we have a Consumer Product Safety 
Commission. Complex financial products are no different, as this week's 
hearings have shown, which is why we must have commonsense financial 
regulations to protect consumers.
  H.R. 4173, which we already passed from the House, reforms Wall 
Street while helping Main Street. I urge the Senate to pass this 
critical bill.

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