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Burr Sides with Wall Street Lobbyists, Votes for Failed Policies and Reckless Practices that Caused Great Recession

Press Release

Location: Raleigh, NC

Following his "no' vote today on historic Wall Street reform legislation, Elaine Marshall hit her opponent, Republican Richard Burr, for siding with the Wall Street lobbyists that have bankrolled his campaign, and voting against commonsense reforms that benefit North Carolina families, consumers and small businesses:

"This mess started on Wall Street, and two years later, here in North Carolina we're still suffering the consequences in jobs lost, retirements vanished and homes foreclosed. Today Richard Burr has again sided with the Wall Street special interests and sided with the reckless practices and failed policies that got us here -- another slap in the face to the North Carolina families and small businesses still struggling under the weight of this recession. North Carolina needs a Senator that stands up for the people of our state, not the big banks on Wall Street."

The historic Wall Street reform bill passed the Senate today in a vote of 60-39. The legislation strengthens protections for consumers and small businesses, puts an end to taxpayer-funded bailouts, and helps ensure stability for our economy as a whole. The bipartisan bill passed with the support of three Republican Senators: Susan Collins and Olympia Snowe of Maine, as well as Senator Scott Brown of Massachusetts.

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