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Public Statements

Hodes Statement on Wall Street Reform

Statement

By:
Date:
Location: Washington, DC

Today, Paul Hodes released the following statement on President Obama signing into law the historic Wall Street Reform and Consumer Protection Act:

"In 2008, a stock market collapse fueled by Wall Street greed and recklessness sent shockwaves through the economy that continue to be felt by New Hampshire's middle class families and small businesses. Already, Wall Street has shown its desire to bring back the very practices that got us into this mess.

"The desperately needed reforms reflect New Hampshire values -- we don't stand for bailouts, and we won't let greedy Wall Street bankers play by a different set of rules than hard-working middle class families. These tough new rules will ensure that homeowners and small business owners are protected from dangerous Wall Street gambles, and they will end the practices that continue to hurt our economy.

"New Hampshire's economy will continue to recover. And the reforms signed into law today will ensure that the hard work of Granite State small businesses is not once again thrown into jeopardy by the reckless actions of Wall Street."


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