As the U.S. Senate prepares to vote on final passage of the Wall Street reform bill, Sec. of State and U.S. Senate candidate Elaine Marshall called on her opponent, Republican Richard Burr, to vote against the wishes of Wall Street lobbyists that have bankrolled his campaign, and help pass common sense reforms that will benefit North Carolina consumers and families:
"This is a slap in the face to North Carolina families struggling through this recession. It's high time we rein in Wall Street abuses, and bring transparency and accountability to the financial system. But my opponent's siding with the big banks on Wall Street that have funded his campaigns."
"Burr voted for the bank bailout and he's taken their money, but again and again he's opposed common sense measures to rein in Wall Street abuses and help fix the problems that created this mess. It's time North Carolina had a Senator that stands up for the people of our state, not the big banks on Wall Street."
The historic Wall Street reform legislation will strengthen consumer protections, end tax-payer funded bailouts, and help ensure stability for our economy as a whole. The bi-partisan bill is expected to garner the support of three Republican Senators: Susan Collins and Olympia Snowe of Maine, as well as Senator Scott Brown of Massachusetts.