[Congressional Record (Bound Edition), Volume 156 (2010), Part 7]
[House]
[Page 9259]
[From the U.S. Government Publishing Office, www.gpo.gov]




                         REFORMING WALL STREET

  (Mr. TONKO asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. TONKO. Mr. Speaker, I rise today in support of Wall Street reform 
and American jobs.
  In my opinion, the debate on Wall Street reform is straightforward; 
there are those who support hardworking American families and small 
businesses against those who wish to protect the status quo and big 
Wall Street banks, which are to blame for the current recession.
  We must hold Wall Street accountable, protect American families from 
unfair, abusive financial practices, close the gaps in our financial 
system, create certainty and stability in our tumultuous markets, and 
act now.
  It is time we streamline government and put a cop on the beat of Wall 
Street to protect American families and businesses. Absent this cop, 
Wall Street will regulate itself, as it did under the previous 
administration. The American economy cannot afford to live through that 
real-life tragedy again, and neither can her families.
  In fact, under the leadership of this Congress and President Obama, 
we are on pace to create as many jobs in 2010 as President Bush created 
in his entire 8 years in office.

                          ____________________