Pelosi Statement on Republican Efforts to Undermine Wall Street Reform
"The American people expect – and deserve – a government that works for them. Yet, mere days into the new Congress, House Republicans have not put forth a single bill that advances the interests of the middle class. Instead, day after day, Republicans have rushed through giveaways to big banks and to their special interest friends.
"The Wall Street giveaway passed today chips away at the Volcker Rule, a critical part of the Wall Street reform law that protects Americans against the risky practices of some on Wall Street that just a few years ago brought our country to the brink of economic collapse. Enough is enough: the interests of big banks should not trump those of American families that still struggle to make ends meet.
"Congress has a moral responsibility to stand for working families, not just the privileged few. House Democrats are fighting to put the middle class first – and will continue to fight for and promote policies that bring bigger paychecks and better infrastructure to hardworking American families."