The financial crisis of 2008 caused an economic recession that cost 8 million Americans their jobs and $17 trillion of lost savings for American families. Jim strongly supports Wall Street reform that rebuilds a stable financial system and ensures that Minnesota families never again have to be the lifeline for failing Wall Street firms. He has worked to pass legislation making Wall Street more transparent and accountable, ending the concept that an institution is "too big to fail," and protecting consumers from abusive and confusing financial products. These are common sense rules that people on Main Street live by every day.