OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Financial Crisis

Floor Speech

Date: Sept. 30, 2008
Location: Washington, DC
Issues: Finance and Banking


FINANCIAL CRISIS -- (Senate - September 30, 2008)

Mr. McCONNELL. Mr. President, I think the majority leader set precisely the right tone. I, too, want to reassure the American people that we intend to pass this legislation this week. We will pass it on a broad bipartisan basis, both sides cooperating, to prevent this financial crisis from persisting.

The message from the markets yesterday was clear. The time for finger-pointing indeed has come to an end. As the senior Senator from Tennessee likes to remind us, this is not the time to fix the blame, this is the time to fix the problem. Those also are the words of Senator McCain, with whom I spoke yesterday, who is in exactly the same place as all of us are on a bipartisan basis.

So we will get the job done, we will get it done this week, and I think, hopefully, that will reassure the American people that Congress can rise to the occasion--act like grownups, if you will--and get the job done for all of our people.

I yield the floor.

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