    [Public Papers of the Presidents of the United States: George W. Bush (2002, Book I)]
    [April 24, 2002]
    [Pages 660-661]
    [From the U.S. Government Publishing Office www.gpo.gov]

    Statement on House of Representatives Action on Corporate Responsibility
    Legislation
    April 24, 2002

        I commend the House for acting quickly to pass reforms that improve
    corporate responsibility and protect shareholders. The House bill
    includes the three core principles of my 10-point plan--providing better
    information to investors, making corporate officers more accountable,
    and developing a stronger, more independent audit system. With 80
    million Americans participating as shareholders of companies, we must
    ensure high standards, tough disclosure requirements, and accurate
    information. The House bill is a responsible approach to addressing
    these important issues.

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