My Commitment to You

Statement

Date: Aug. 2, 2018

I first ran for Congress because I was fed up.

Fed up with Republican policies that were squeezing middle-class families. Fed up with a system that allowed the ultra-wealthy on Wall Street to bet big with taxpayer money, and let the poor and the middle class pick up the pieces when their luck ran out at the casino.

We saw the culmination of that in 2008's Great Recession, when our economy cratered, people lost their jobs, and families struggled to get by.

My first term serving the people of Connecticut, I was damn proud to help write the Dodd-Frank Act, significant financial reform that finally reined in out-of-control lending and bad bets from some of our nation's biggest banks.

During President Obama's time in office, and thanks in part to laws like Dodd-Frank, America and Connecticut got back on the road to recovery. Now we need to take the next step.

One of my top priorities is finding a balance, making sure we smartly regulate the biggest financial institutions while not overly burdening smaller credit unions and community banks. And standing up for the Consumer Financial Protection Bureau, the cop on the beat created by Dodd-Frank to police bad actors on behalf of the American people.

In that spirit, here's my commitment to you: as long as I'm in Congress, I'll never stop fighting to protect middle-class families from the greed and excess that put our country in danger ten years ago, while looking out for important community financial institutions.

My friends and neighbors often ask me what comes next. There's only one thing I'm telling them lately: win back Congress in 2018. Everything depends on taking back the House and Senate.

Jim


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