Richard Burr joined 36 of his Republican colleagues in voting against the historic Wall Street reform bill that passed the Senate today in a vote of 59 to 39. The Wall Street Reform bill has been lauded by economists across the political spectrum as the most significant package of financial reforms since the Great Depression.
"Richard Burr's vote against financial reform is a slap in the face to anyone who has lost a job, watched their savings shrink or been harmed in this recession," said North Carolina Secretary of State and U. S. Senate candidate Elaine Marshall. "He has once again shown that his allegiance lies with Wall Street banks, not the people of North Carolina. It's time to send Richard Burr home."
The financial reform bill will protect Americans by reigning in abusive Wall Street practices, and by promoting responsibility and accountability from the financial sector. The bill establishes important safeguards that will guard against future financial crisis like the one that caused the current recession.