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Public Statements

Schiff Comments on Occupy Wall Street

Statement

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"Occupy Wall Street, which began last month with a small number of people at a park in New York City, has quickly spread across the nation. The ideas puts a human face on the shared frustration Americans across the nation have over these persistently challenging economic times, marked by a struggling middle class, increased poverty, rampant home foreclosures, rising student loan debt, and big banks that have become outsized and out of touch.

"In order for us to continue to grow economically, we have to have a strong, effective and efficiently regulated financial sector that works for both Wall Street and Main Street. The people raise legitimate concerns, and policymakers need to respond by continuing to focus on ways to foster an economy that offers stability and economic security for the middle class, and the opportunity for all to succeed ... I will continue to fight for meaningful reforms that bring manufacturing back to America, invest in the vital infrastructure of America's future, and bring good paying jobs to our people."


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