Washington, D.C.- Today, Congressman Charlie Wilson (OH-6) released the following statement upon the President signing the Wall Street Reform and Consumer Protection Act (H.R. 4173) into law:
"Because of the hard work done by the House Financial Services Committee and the Senate BankingCommittee there will be no more taxpayer-funded bailouts. We've done away with "too big to fail.' If a large financial institution should ever fail, we now have the tools to unwind it without hurting the overall economy. Oversight will be provided, fairness will be ensured and the American people will be protected."
Wilson serves on the House Financial Services Committee.