Larsen Calls On Senate To Act On Wall Street Reform Bill

Statement

Today, U.S. Representative Rick Larsen (WA-02) called on the Senate to move forward on a financial regulatory bill that will provide common-sense oversight of Big Banks and Wall Street in order to prevent another financial collapse.

"Folks in Northwest Washington deserve financial security. I am disappointed that the Senate is delaying action to protect middle class families from the reckless behavior of Wall Street.

"By bending the rules and selling risky financial products, Wall Street played Russian Roulette with the futures of hardworking families and drove us into a financial crisis.

"We need to act now and prevent another economic crisis from happening again by focusing on the needs of the hardworking families and small businesses on Main Street -- not the Big Banks on Wall Street.

"The time to act has passed. We must end the Era of Big Bank Bailouts. The Senate needs to pass legislation now so that Big Banks will no longer be allowed to drive American families and our country's economy off a cliff.

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