    [Public Papers of the Presidents of the United States: George W. Bush (2002, Book II)]
    [July 25, 2002]
    [Page 1293]
    [From the U.S. Government Publishing Office www.gpo.gov]

    Statement on Senate Action on Corporate Accountability Legislation
    July 25, 2002

        Today's passage by Congress of corporate accounting reforms is a
    victory for America's shareholders and employees. House and Senate
    passage of this legislation demonstrates what can happen when leaders
    work together to solve problems. I look forward to signing these
    important reforms into law. In February I also proposed tough changes to
    reform employee pension programs, and the House quickly responded. I
    urge the Senate to act before they recess to protect the savings of
    America's workers.

    Note: The statement referred to H.R. 3763, the ``Sarbanes-Oxley Act of
    2002.''