on June 30, 2010 by Jude Emantsal in Other News, Comments (0)
Big Victory in the House, but Big Fight Remains
Today, in a historic vote, the House of Representatives passed financial reform legislation that, nearly two years after the reckless behavior of the Big Banks took our economy to the edge of the abyss and cost eight million Americans their jobs, will begin to rein in the Big Banks, bring transparency to Wall Street, and protect consumers. This was an important victory for the American people and came in the face of overwhelming opposition from the Big Banks. It is a very significant step to build on for accountability bringing a voice for Main Street.
Today’s victory would not have been possible without the millions of Americans who stood up and demanded action, or the numerous organizations that have fought for these changes.
No Comments
Leave a comment