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Pelosi Spokesman Statement on 60 Minutes Report

Statement

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Date:
Location: Washington, DC

Drew Hammill, spokesman for Democratic Leader Nancy Pelosi, issued the following statement on 60 Minutes' report this evening:

"Congress has never done more for consumers nor has the Congress passed more critical reforms of the credit card industry than under the Speakership of Nancy Pelosi.

"Tonight's report failed to note that the legislation in question in this story was reported out of the Judiciary Committee on October 3, 2008 -- the day the House was consumed in passing TARP and also the last day the House was in session before the November election. It failed to note that in September 2008, the House passed the Credit Cardholders' Bill of Rights. In the next Congress, the House and Senate passed and President Obama signed the Credit Cardholders' Bill of Rights and the Dodd-Frank legislation, which included a stronger, more direct approach to addressing swipe fees.

"It is very troubling that 60 Minutes would base their reporting off of an already-discredited conservative author who has made a career of out attacking Democrats.

"Leader Pelosi has been in the lead advocating for Congress to act in the public interest and not the special interest. Three years later, Schweizer's claims are an effort to revise history and are completely contradicted by Leader Pelosi's clear record."


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